News Flash
Singapore Maritime Foundation and Pertamina International Shipping Asia Pacific Cooperate to Build Maritime-ready Talent Pool
Categories: News Flash
Date: Jul 06, 2024
The Singapore Maritime Foundation (“SMF”) and Pertamina International Shipping Pte Ltd (“Perta...
Chubu Electric mulls 20-vessel CO2 carrier fleet for CCUS project with BP
Categories: News Flash
Date: Jul 06, 2024
Japan's Chubu Electric Power Co. is in advanced discussions with BP on a Carbon Capture, Utilization...
ReCAAP ISC Holds Dialogue with Shipping Industry to Discuss Ways to Enhance Incident Reporting in Areas of Concern
Categories: News Flash
Date: Jul 06, 2024
The ReCAAP Information Sharing Centre (ISC) held a dialogue with the shipping industry to share the ...
INVESTMENT IN LNG CARRIERS WITH LONG-TERM CHARTERS
Categories: News Flash
Date: Jul 06, 2024
Ocean Yield AS ("Ocean Yield" or the "Company") is pleased to announce that it has agreed to purchas...
Golar LNG signs agreement for 20-year FLNG deployment in Argentina
Categories: News Flash
Date: Jul 06, 2024
Golar LNG Ltd. (“Golar”) has entered into definitive agreements with Pan American Energy (“PAE...
Nuclear propulsion could transform maritime with more reliable, emissions-free and longer-lived ships
Categories: News Flash
Date: Jul 06, 2024
Nuclear power could transform the maritime industry with emissions-free shipping, whilst extending t...
DNV and project partners conclude no technical barriers to low pressure CO2 ship transport chain
Categories: News Flash
Date: Jul 06, 2024
The CO2 Efficient Transport via Ocean (CETO) joint industry project (JiP) concluded recently with th...
UECC chooses Titan for major liquefied biomethane deliveries
Categories: News Flash
Date: Jul 05, 2024
United European Car Carriers (UECC) and Titan Clean Fuels (Titan) are collaborating on a series of m...
MacGregor electric deck systems prove optimal for bulk carrier operations
Categories: News Flash
Date: Jul 05, 2024
The superior efficiency of electric deck systems makes them an increasingly attractive solution for ...
Asia Fuel Oil-VLSFO premium dips; Singapore onshore imports rise
Categories: News Flash
Date: Jul 05, 2024
Spot premium for Very Low Sulphur Fuel Oil (VLSFO) trended lower in Asia on Thursday as offers for p...
WAF-UKC Suezmax market falls to nine-month low amid seasonal decrease in demand
Categories: News Flash
Date: Jul 05, 2024
The freight rate for Suezmax voyages loading in West Africa and discharging in the UK-Continent fell...
Baltic index hits one-week low on weaker vessel rates
Categories: News Flash
Date: Jul 05, 2024
The Baltic Exchange’s main sea freight index, which tracks rates for ships ferrying dry bulk commo...
Asia Distillates-Activity ticks up; one refiner selling prompt cargoes
Categories: News Flash
Date: Jul 05, 2024
Asia’s middle distillates markets saw an uptick in paper and physical discussions as ICE gasoil fu...
IMO Secretary-General to join industry leaders at Global Maritime Forum Annual Summit in Tokyo
Categories: News Flash
Date: Jul 05, 2024
International Maritime Organization (IMO) Secretary-General Arsenio Dominguez will attend this year...
Russian June gasoline exports by rail jump after ban waived, Afghanistan sales surge
Categories: News Flash
Date: Jul 05, 2024
Russian gasoline exports by rail jumped by more than 70% in June from May to 423,101 metric tons aft...
US crude exports to Europe hit a two-year low in June
Categories: News Flash
Date: Jul 05, 2024
U.S. crude shipments bound for Europe fell to a two-year low in June as European buyers bought cheap...
NAPA and Union Marine Management Services enter agreement on Voyage Optimization and CII simulator deployment
Categories: News Flash
Date: Jul 05, 2024
New partnership on digital integration will help reduce emissions and support compliance for an init...
Korea plans $1.4bn investment for smart shipbuilding projects
Categories: News Flash
Date: Jul 04, 2024
The Republic of Korea’s industry ministry said Tuesday it plans to pursue investment projects wort...
Technology Innovators RINA and ROTOBOOST join SEA-LNG
Categories: News Flash
Date: Jul 04, 2024
RINA, a world-leading inspection, certification and consulting engineering multinational and ROTOBOO...
Russian LNG exports up in H1 but set to fall due to maintenance
Categories: News Flash
Date: Jul 04, 2024
Russia’s Liquefied Natural Gas (LNG) exports rose 2.7% in the first half of the year to 16.79 mill...
Vitol invests in future of LNG bunkering by securing three LNG Bunkering Vessels
Categories: News Flash
Date: Jul 04, 2024
Vitol has secured three LNG Bunkering Vessels (“LNGBV”) through its shipping company, Vitol Inte...
Asia Fuel Oil-HSFO range-bound; more July tenders underway
Categories: News Flash
Date: Jul 04, 2024
Asia’s High Sulphur Fuel Oil benchmarks were range-bound on Wednesday, while more tenders were und...
FUJAIRAH DATA: Oil product stocks drop to nine-month low
Categories: News Flash
Date: Jul 04, 2024
Stockpiles of oil products at the UAE’s Port of Fujairah dropped to a nine-month low as of July 1,...
Tanker market in unfamiliar equilibrium as demand levels stay ‘higher for longer’
Categories: News Flash
Date: Jul 04, 2024
Large scale route diversions as a consequence of the Red Sea/Suez Canal crisis have seen deadweight ...
WAF-UKC Suezmax rate dips below w100 for first time since May 15
Categories: News Flash
Date: Jul 04, 2024
The freight rate for the key West Africa-UK/Continent Suezmax run, exclusive of EU Emissions Trading...
Baltic index snaps 5-day winning streak on lower vessels rates
Categories: News Flash
Date: Jul 04, 2024
The Baltic Exchange’s main sea freight index, which tracks rates for ships ferrying dry bulk commo...
Folk Maritime signs deal with Bahri Ship Management to strengthen its fleet capabilities
Categories: News Flash
Date: Jul 04, 2024
Folk Maritime Services Company, a PIF company and one of the region’s leading feeder and short-sea...
Oil bulls advance cautiously as stocks expected to fall
Categories: News Flash
Date: Jul 03, 2024
Investors purchased petroleum for the third week running as bearishness triggered by the OPEC+ meeti...
Wärtsilä ammonia fuel supply and cargo handling systems selected for two more EXMAR vessels at Hyundai Mipo Dockyards
Categories: News Flash
Date: Jul 03, 2024
Wärtsilä Gas Solutions (WGS), part of technology group Wärtsilä, will deliver the fuel supply an...
Shipping firm HMM deploys new carbon capture system on vessels
Categories: News Flash
Date: Jul 03, 2024
HMM, Korea’s largest container shipper, deployed new proprietary technology in the voyage of 2,200...
Baltic index rises for fifth straight day on strong capesize demand
Categories: News Flash
Date: Jul 03, 2024
The Baltic Exchange’s main sea freight index, which tracks rates for ships ferrying dry bulk commo...
US crude, products stockpiles seen down last week
Categories: News Flash
Date: Jul 03, 2024
U.S. crude oil and product stockpiles were expected to have fallen last week; a preliminary Reuters ...