News Flash
Asia’s November crude oil imports nudge higher, still heading for annual fall
Categories: News Flash
Date: Nov 29, 2024
Asia’s imports of crude oil ticked up slightly in November, led by a recovery by top importer Chin...
Maersk could use 15-20% alternative fuels for its fleet in 2030
Categories: News Flash
Date: Nov 29, 2024
Alternative fuels could account for up to a fifth of A.P. Moller-Maersk’s MAERSKb.CO marine fuel c...
Baltic Index Drops To More Than Three-Week Low As Larger Vessel Rates Slip
Categories: News Flash
Date: Nov 29, 2024
The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk c...
China removing export tax rebate can help curb palm oil UCO fraud, boost domestic biofuels: USDA
Categories: News Flash
Date: Nov 28, 2024
China’s removal of the export tax rebate on renewable waste feedstock, such as used cooking oil, c...
Trump plans no exemption for oil imports under new tariff plan, sources say
Categories: News Flash
Date: Nov 28, 2024
U.S. President-elect Donald Trump does not intend to spare crude oil from his planned 25% import tar...
TORM plc capital increase in connection with delivery of two 2015-built MR vessels and exercise of Restricted Share Units as part of TORM’s incentive program
Categories: News Flash
Date: Nov 28, 2024
TORM has increased its share capital by 961,823 shares (corresponding to USD 9,618.23) in connection...
Auramarine secures order for two hybriddiesel and biofuel supply systems for Meriaura
Categories: News Flash
Date: Nov 28, 2024
Auramarine, the leading fuel supply systems pioneer for the marine, power and process industries, ha...
Asian Shipowners’ Association (ASA) Ship Insurance and Liability Committee (SILC): “End the Unjust Detention of Seafarers! Shipowners Demand Action”
Categories: News Flash
Date: Nov 28, 2024
In a powerful call to action, the Asian Shipowners Association’s Ship Insurance and Liability Comm...
Panama sets record in newbuilding ship registration
Categories: News Flash
Date: Nov 28, 2024
Panama has reached a historic milestone, registering 358 newly built ships to date, representing ove...
FuelEU Maritime fully integrated in BSM’s emission management services
Categories: News Flash
Date: Nov 28, 2024
The countdown for the new FuelEU Maritime regulation is on. It will come into force from 2025. Bernh...
Asia Fuel Oil-Hi-5 spread crunches to narrowest in five months
Categories: News Flash
Date: Nov 28, 2024
Asia’s hi-5 fuel oil spread crunched to its most narrow in five months as the very low sulphur fue...
Worldscale Adopts ICE’s Benchmark EUA Carbon Pricing for its Tanker Freight Rates
Categories: News Flash
Date: Nov 28, 2024
Intercontinental Exchange, Inc., a leading global provider of technology and data, today announced t...
Baltic index slips to near three-week low as larger vessel rates dip
Categories: News Flash
Date: Nov 28, 2024
The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk c...
bound4blue welcomes Daniel Mann to drive ‘new era’ of eSAIL® growth
Categories: News Flash
Date: Nov 27, 2024
bound4blue is seeking to further consolidate its leading position in maritime’s rapidly evolving W...
Seabed 2030 announces new partnership with Woolpert to advance global seafloor mapping
Categories: News Flash
Date: Nov 27, 2024
The Nippon Foundation-GEBCO Seabed 2030 Project is pleased to announce a new partnership with Woolpe...
Sallaum Lines Opens Doors to Chinese OEMs Amid Major Investments
Categories: News Flash
Date: Nov 27, 2024
Imbalanced trades, capacity constraints at sea and in port, and lack of labor have put Europe’s be...
MISC and Gentari Forge Strategic Partnership to Advance Ammonia Shipping and Floating Solutions
Categories: News Flash
Date: Nov 27, 2024
MISC Berhad (MISC), a global leader in energy-related maritime services, has entered into a Strategi...
Asia Fuel Oil-Market stable to softer on ample supply outlook
Categories: News Flash
Date: Nov 27, 2024
Asia’s fuel oil market held steady to mildly softer on Tuesday, with ample supplies expected into ...
Oceanly warns of increased global emissions if the alternative fuels rush intensifies
Categories: News Flash
Date: Nov 27, 2024
The leading provider of fleet performance solutions, Oceanly, has conveyed a stern warning that the ...
EU to discuss adding tankers, Chinese firms to Russia sanctions list
Categories: News Flash
Date: Nov 27, 2024
European Union envoys will discuss a 15th package of sanctions on Wednesday in response to Russia’...
TEN Ltd. Is Positive on Tanker Market’s Short Term Prospects
Categories: News Flash
Date: Nov 27, 2024
TEN, Ltd (TEN) reported results (unaudited) for the nine months and third quarter ended September 30...
MPC Container Ships: Significant earnings visibility from further increased charter backlog
Categories: News Flash
Date: Nov 27, 2024
Highlights Charter backlog increased to USD 1.2 billion with increased contract coverage for 20...
Baltic index snaps six-session losing streak as capesize rates gain
Categories: News Flash
Date: Nov 27, 2024
The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk c...
MSC Onboards all Vessels on the Source2Sea Digital Marine Platform
Categories: News Flash
Date: Nov 26, 2024
As the first shipping company, MSC cracks complex supply ordering of marine provisions and general m...
Auramarine and Quadrise join forces to support maritime decarbonisation
Categories: News Flash
Date: Nov 26, 2024
Auramarine Ltd., the leading fuel supply systems pioneer for the marine and other industries and Qua...
Lloyd’s Register completes acquisition of Ocean Technologies Group
Categories: News Flash
Date: Nov 26, 2024
Lloyd’s Register Group (LR), a global provider of maritime professional services and digital solut...
Wallenius Wilhelmsen: Introducing BAF2.0: a multi-fuel BAF for a net-zero future
Categories: News Flash
Date: Nov 26, 2024
Wallenius Wilhelmsen is launching a re-engineered bunker adjustment factor, BAF2.0, to prepare for f...
Pioneering high-tech, green shipbuilding in India
Categories: News Flash
Date: Nov 26, 2024
India is determined to join the world’s top shipbuilding and shipping nations. Backed by an ambiti...
Singapore, Rotterdam ports say no reports as yet of cashew nutshell marine fuel problems
Categories: News Flash
Date: Nov 26, 2024
Port authorities in Singapore and Rotterdam said they have not received reports of vessels experienc...
Asia Fuel Oil-VLSFO premium steadies, though market structure softens
Categories: News Flash
Date: Nov 26, 2024
Asia’s spot premium for very low sulphur fuel oil (VLSFO) held steady on Monday, although the mark...
Marine Fuel Problems Persist Five Years On From IMO 2020 Sulphur Cap Rules
Categories: News Flash
Date: Nov 26, 2024
As the fifth anniversary of the IMO 2020 Sulphur Cap approaches, fuel compatibility and viscosity pr...
China to Mexico West Coast – a case for data-driven freight strategies
Categories: News Flash
Date: Nov 26, 2024
Predicting how and why ocean container shipping rates rise or fall is not an easy task and means shi...