News Flash
Libra’s Logothetis swoops on fuel tech pioneer SulNOx
Categories: News Flash
Date: Jun 30, 2023
The board of directors of the Company (the “Board”) is pleased to announce that yesterday, foll...
Xeneta: Long-Term Ocean Freight Rates Fall Again, With Almost 50% Drop In Key Pricing Benchmark Across Last Three Months
Categories: News Flash
Date: Jun 30, 2023
The beleaguered carrier industry took another major hit in June, with the latest data from Xeneta...
Fewer Deals in the Second-Hand Market During the Second Quarter of 2023
Categories: News Flash
Date: Jun 30, 2023
Activity in the second-hand vessel market has been lackluster over the past few months, as a result...
Container shipping is now “maxed out” claims a leading shipping analyst
Categories: News Flash
Date: Jun 29, 2023
With record deliveries of container ships expected this year and next, most analysts have predicted...
The national hydrogen network begins in Rotterdam
Categories: News Flash
Date: Jun 29, 2023
Gasunie has made the investment decision for the first part of a nationwide hydrogen network. This ...
China’s Shandong begins releasing oil stranded at ports after inspections, sources say
Categories: News Flash
Date: Jun 29, 2023
China’s Shandong refining hub has begun releasing millions of barrels of oil that were stuck at p...
Low water again hampers Rhine River shipping in Germany
Categories: News Flash
Date: Jun 29, 2023
Low water levels after recent dry weather are again preventing cargo vessels from sailing fully loa...
Two routes between Bilbao and the United Kingdom were identified as green shipping corridors for the decarbonization of shipping
Categories: News Flash
Date: Jun 29, 2023
The report ‘Green shipping corridors in and out of Spain: assessing route-based opportunities’,...
DNV R&D Forum showcases the latest technologies and advancements in shipping
Categories: News Flash
Date: Jun 29, 2023
DNV hosted a highly anticipated research and development (R&D) Forum, inviting stakeholders fro...
UECC collaborates with GoodFuels and NYK to slash carbon emissions with sustainable biofuel
Categories: News Flash
Date: Jun 29, 2023
United European Car Carriers (UECC), the leading provider of sustainable short sea ro-ro transporta...
The new crew training package supports the safe adoption of Methanol as a marine fuel
Categories: News Flash
Date: Jun 29, 2023
The Methanol Institute has welcomed multi-disciplinary methanol consultancy GREEN MARINE as its lat...
Lower Capesize and Panamax rates weigh on the Baltic index
Categories: News Flash
Date: Jun 29, 2023
On Wednesday, the Baltic Exchange's main marine freight index declined for the third day in a row, ...
Trafigura seeks more regulatory support for green marine fuels
Categories: News Flash
Date: Jun 29, 2023
Trafigura is eager to make early-stage investments in green fuels to encourage maritime decarboniza...
New Sail Device for Ships Developed by Eco Marine Power
Categories: News Flash
Date: Jun 28, 2023
After several years of research & development (R&D) Eco Marine Power (EMP) announced today ...
INEOS Energy charters two highly efficient LNG carriers to create a virtual LNG pipeline from the US to Europe
Categories: News Flash
Date: Jun 28, 2023
INEOS Energy Trading has today signed agreements with Mitsui O.S.K. Lines (MOL) for two new build L...
Ukraine must be ready to export mostly via Danube ports – sea ports authority
Categories: News Flash
Date: Jun 28, 2023
Ukraine must be ready to export grain almost exclusively via its Danube River ports because Russia ...
Wärtsilä to accelerate Stena Line’s decarbonization journey through methanol conversions
Categories: News Flash
Date: Jun 28, 2023
Technology group Wärtsilä has been contracted by Swedish ferry operator Stena Line to carry out a...
The US tight oil industry grows up
Categories: News Flash
Date: Jun 28, 2023
In Shakespeare’s Henry IV Part 2, the newly crowned King Henry V renounces the wildness of his yo...
The Next Breakthrough in Shipping Isn’t on the Horizon. It’s here
Categories: News Flash
Date: Jun 28, 2023
Few think of the ocean as an epicenter for human ingenuity, but our history and future can be chart...
Macgregor has received a large access equipment order for a cruise vessel
Categories: News Flash
Date: Jun 28, 2023
MacGregor, part of Cargotec, has received a large order for a comprehensive package of access equip...
Hong Kong ship recycling Convention set to enter into force
Categories: News Flash
Date: Jun 28, 2023
The Hong Kong International Convention for the Safe and Environmentally Sound Recycling of Ships (t...
Asian tanker freight drops as Russian naphtha via Singapore displaces Persian Gulf
Categories: News Flash
Date: Jun 28, 2023
Asian clean tankers freight will likely come under downward pressure in the next few weeks due to w...
Baltic index extends losses as demand for larger vessels wanes
Categories: News Flash
Date: Jun 28, 2023
The Baltic Exchange’s main sea freight index recorded its biggest daily percentage decline in nea...
How Shell and Orca AI are working together to drive innovation in navigation
Categories: News Flash
Date: Jun 27, 2023
Navigational error resulting in collision or grounding is one of the highest safety risks associate...
Middle East Crude-Benchmarks ease; five cargoes delivered
Categories: News Flash
Date: Jun 27, 2023
Middle East crude benchmarks eased for a third straight session as cargo deliveries continued to ra...
Bunker Holding Group manages new record result in a volatile year
Categories: News Flash
Date: Jun 27, 2023
One year into a new Group strategy, and during a year of geopolitical turmoil, high inflation, and ...
Jamaica salutes seafarers’ role in environmental protection on Day of the Seafarer
Categories: News Flash
Date: Jun 27, 2023
As it saluted seafarers on the annual International Day of the Seafarer, Jamaica has praised the ro...
China’s shipbuilding industry sees large growth
Categories: News Flash
Date: Jun 27, 2023
China’s shipbuilding industry saw new vessel orders surge 49.5 percent year-on-year in the first ...
Maersk orders six methanol-powered vessels
Categories: News Flash
Date: Jun 27, 2023
A.P. Moller – Maersk (Maersk) has made an order for six mid-sized container vessels – all havin...
Asia Fuel Oil-VLSFO cash premium softens, rally loses steam
Categories: News Flash
Date: Jun 27, 2023
Asia’s cash premium for very-low sulfur fuel oil (VLSFO) eased further on Monday as offers dipped...
Global shipping can halve emissions without impacting trade, study finds ahead of key UN decision
Categories: News Flash
Date: Jun 27, 2023
The global shipping industry can reduce emissions by nearly 50% by the end of the decade, according...
ICS network launches global campaign to drive seafarer recruitment
Categories: News Flash
Date: Jun 27, 2023
The International Chamber of Shipping (ICS) launches today a video titled ‘An Adventurous Spirit...