News Flash
Singapore fuel oil inventories rebound to near three-month highs
Categories: News Flash
Date: Dec 15, 2023
Residual fuel oil inventories at key trading hub Singapore rebounded to nearly three-month highs as...
Erma First’s Shore Power Connector Blue Connect Receives Bureau Veritas Approval
Categories: News Flash
Date: Dec 15, 2023
Bureau Veritas (BV), a world leader in testing, inspection and certification, has granted an Approv...
Asia Fuel Oil-Spot market steady on quiet trade; Singapore stocks rise
Categories: News Flash
Date: Dec 15, 2023
Asia’s spot fuel oil market was little changed on Thursday amid scant trade, while onshore invent...
Baltic index extends losses on weaker vessel demand
Categories: News Flash
Date: Dec 15, 2023
The Baltic Exchange’s dry bulk sea freight index, tracking rates for ships carrying dry bulk comm...
Maritime tech firm targets industrial market after officially receiving King’s Award for Enterprise
Categories: News Flash
Date: Dec 14, 2023
An innovative Coventry company that uses ultrasound to help ships become more energy efficient is s...
Global Energy Group’s Stellar Shipmanagement takes delivery of Singapore’s first dedicated methanol bunkering tanker, classed by Bureau Veritas
Categories: News Flash
Date: Dec 14, 2023
Stellar Shipmanagement Services Pte Ltd, a wholly-owned subsidiary of Global Energy Group, has take...
LR awards Approval in Principle to NACKS for methanol-fuelled 81,000 DWT bulk carrier
Categories: News Flash
Date: Dec 14, 2023
Lloyd’s Register (LR) has awarded Approval in Principle to Nantong COSCO KHI Ship Engineering Co ...
NYK, JERA, and Resonac Start Joint Study on Supplying Ammonia as Fuel to Vessels Cooperating to achieve zero emissions.
Categories: News Flash
Date: Dec 14, 2023
On December 12, NYK, JERA Co., Inc. (hereinafter “JERA”), and Resonac Holdings Corporation (her...
Fuel tankers face long slog as Panama Canal drought reroutes flows.
Categories: News Flash
Date: Dec 14, 2023
Oil tanker Cururo is taking the long way from Houston to Chile: sailing the length of South America...
Accelleron welcomes its 100th customer for running hours based Turbo LifecycleCare service agreement
Categories: News Flash
Date: Dec 14, 2023
Accelleron welcomed the 100th customer for its running hours-based service agreement for four-strok...
“K” Line holds FY2023 Dry Bulk Global Meeting
Categories: News Flash
Date: Dec 14, 2023
Kawasaki Kisen Kaisha, Ltd. (“K” LINE) held a global meeting for the dry bulk business at the c...
IMO history book launched.
Categories: News Flash
Date: Dec 14, 2023
A book detailing the history of the International Maritime Organization (IMO) has been published to...
Asia Fuel Oil-Spot market range bound in single-digit premiums
Categories: News Flash
Date: Dec 14, 2023
The spot fuel oil market in Asia was range bound as of Wednesday amid a lack of fresh drivers, with...
Baltic index slips to 2-week low on weaker vessel demand.
Categories: News Flash
Date: Dec 14, 2023
The Baltic Exchange’s dry bulk sea freight index, tracking rates for ships carrying dry bulk comm...
WinGD partners with Alfa Laval to advance the development of ammonia-powered engines.
Categories: News Flash
Date: Dec 13, 2023
Alfa Laval and Swiss engine designer WinGD have established a partnership in which Alfa Laval will ...
ABB and Wallenius Marine opened the first OVERSEA Fleet Support Center to provide centralized services.
Categories: News Flash
Date: Dec 13, 2023
ABB and shipping company Wallenius Marine have opened the doors of the first OVERSEA Fleet Support ...
Wärtsilä hybrid propulsion solution selected for three new cargo vessels.
Categories: News Flash
Date: Dec 13, 2023
Technology group Wärtsilä will supply an integrated hybrid propulsion solution for three new self...
RightShip announces a tiered RightFLEET system to provide ship owners and managers with essential data for enhanced operations.
Categories: News Flash
Date: Dec 13, 2023
RightShip, a leading global environmental, social and governance (ESG) focused digital maritime pla...
Agreement to Develop Methanol Solution for MAN Four-Stroke Portfolio
Categories: News Flash
Date: Dec 13, 2023
MAN Energy Solutions has announced an agreement with Alfa Laval, the Swedish industrial concern, to...
X-Press Feeders plans to use green methanol for ships in Europe in Q2 2024
Categories: News Flash
Date: Dec 13, 2023
Singapore-based container shipper X-Press Feeders plans to use green methanol bunker to fuel part o...
Yemen’s Houthis claim attack on Norwegian tanker.
Categories: News Flash
Date: Dec 13, 2023
Yemen’s Houthis said on Tuesday they carried out a military operation against the Norwegian comme...
Lower vessel fair erodes Shipping Corp’s profit by 17%
Categories: News Flash
Date: Dec 13, 2023
The Bangladesh Shipping Corporation, a publicly listed state-owned shipping line, has reported a 17...
Asia Fuel Oil-VLSFO dips while HSFO steadies
Categories: News Flash
Date: Dec 13, 2023
The very low sulphur fuel oil market (VLSFO) in Asia softened on Tuesday as more arbitrage supplies...
Baltic index extends gain on strong capesize rates.
Categories: News Flash
Date: Dec 13, 2023
The Baltic Exchange’s dry bulk sea freight index, tracking rates for ships carrying dry bulk comm...
Erik Thun puts Dynamic Drive from Berg Propulsion at the heart of fuel efficiency gains.
Categories: News Flash
Date: Dec 12, 2023
Erik Thun Group has selected Berg Propulsion’s Dynamic Drive technology to optimize efficiency on...
Shippers avoiding Red Sea transits after attacks, watching Suez Canal traffic.
Categories: News Flash
Date: Dec 12, 2023
Shippers are diverting from transiting through the Middle East and watching for any sign of increas...
ITIC suggests EU ETS will cost the shipping industry billions.
Categories: News Flash
Date: Dec 12, 2023
International Transport Intermediaries Club (ITIC) has forecasted that the cost of the European Uni...
Clarksons: Car Carrier Market At Record Highs
Categories: News Flash
Date: Dec 12, 2023
Car Carrier Trade & Transport 2023, the comprehensive annual review and outlook for the car car...
MISC’s LNG segment outlook to remain positive in 2H24, says RHB Research
Categories: News Flash
Date: Dec 12, 2023
MISC Bhd’s liquefied natural gas (LNG) outlook remains positive, and the company believes that cl...
Safety is a Catalyst for Decarbonization Innovation, ABS Chairman and CEO Tells COP28
Categories: News Flash
Date: Dec 12, 2023
“Safety is not merely a box to check but a dynamic force shaping the trajectory of our industry. ...
Wärtsilä to extend existing biogas plant to produce 45 tons of bio LNG per day.
Categories: News Flash
Date: Dec 12, 2023
Technology group Wärtsilä will supply, install, commission and start-up the biogas upgrading and ...
Asia Fuel Oil-HSFO cash differential fluctuates in volatile trade.
Categories: News Flash
Date: Dec 12, 2023
Asia’s cash differential for 380-cst high sulphur fuel oil (HSFO) has been teetering between disc...