News Flash
EU Proposes Net-Zero Emissions for the Shipping Sector by 2050 at the latest
Categories: News Flash
Date: Jun 26, 2023
As the UN Climate Ambition Summit scheduled for UN General Assembly’s High Level Week in Septembe...
Titanic sub destroyed in 'catastrophic implosion,' all five aboard dead
Categories: News Flash
Date: Jun 23, 2023
A deep-sea submersible carrying five people on a voyage to the century-old wreck of the Titanic was...
Asia Fuel Oil-Spot market steadies while inventories soften.
Categories: News Flash
Date: Jun 23, 2023
Asia’s fuel oil market held steady on Thursday, while onshore inventories in Singapore fell after...
Baltic index nears one-month peak on Capesize bounce
Categories: News Flash
Date: Jun 23, 2023
The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk comm...
Ukraine 99.9% certain Russia will evacuate Black Sea grain deal in July – envoy
Categories: News Flash
Date: Jun 23, 2023
Russia is 99.9% certain to evacuate a U.N.-brokered deal on the safe wartime passage of Black...
Port of Rotterdam Authority go ahead with construction of the new site on Maasvlakte II
Categories: News Flash
Date: Jun 23, 2023
On 19 June 2023, the Port of Rotterdam Authority signed a contract with Boskalis for the constructi...
U.S. oil refiners again expand fuel capacity after big shrink
Categories: News Flash
Date: Jun 23, 2023
U.S. crude oil refining capacity has reversed two years of decrease and mounts up by more than 100,...
Demonstrative Test Sail of a Tugboat Using Marine Biodiesel Fuel at Nagoya Port-Efforts Toward Decarbonization
Categories: News Flash
Date: Jun 23, 2023
“K” Line Port Service Co., Ltd., a group company of Kawasaki Kisen Kaisha., Ltd. (“...
IAPH supports methanol bunkering at ports with safety checklists
Categories: News Flash
Date: Jun 23, 2023
Methanol comes out as a potential alternative bunkering fuel for shipping. When generated from sust...
Bringing a Green Future Closer: RINA awards AiP for AURELIA’s Green Retrofit Solution for 205k DWT Bulk Carrier
Categories: News Flash
Date: Jun 23, 2023
RINA has been awarded Approval in Principle (AiP) for a green retrofit package solution planned by ...
Drought-hit Panama Canal further restricts the maximum ship depth
Categories: News Flash
Date: Jun 23, 2023
The Panama Canal will widen restrictions on the largest ships crossing the waterway, one of the wor...
Container shipping divide: Cargo rates weaken, ship rents ‘robust’
Categories: News Flash
Date: Jun 22, 2023
Everyone knew the container shipping boom would end — it was a one-off spike driven by a pandemic...
Maersk to pioneer first container vessel conversion to methanol dual-fuel engine
Categories: News Flash
Date: Jun 22, 2023
As the first in the shipping industry, A.P. Moller – Maersk (Maersk) will retrofit an existing sh...
Cheniere and Equinor Sign Long-Term LNG Sale and Purchase Agreement
Categories: News Flash
Date: Jun 22, 2023
Cheniere Energy, Inc. announced that Cheniere’s subsidiary, Cheniere Marketing, LLC (“Cheniere ...
Baltic index hits near 4-week hike on Capesize strength
Categories: News Flash
Date: Jun 22, 2023
The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodit...
Top Ships Inc. Announces Proposed Spin-Off Creating a New Suezmax Tanker Company
Categories: News Flash
Date: Jun 22, 2023
TOP Ships Inc., an international owner, and operator of modern, fuel-efficient “ECO” tanker ves...
UN chief calls for acceleration of Black Sea grain deal exports
Categories: News Flash
Date: Jun 22, 2023
United Nations Secretary-General Antonio Guterres called for an acceleration of Black Sea grain shi...
VLSFO eases for a second day, recent rally cools
Categories: News Flash
Date: Jun 22, 2023
Asia’s spot market for very-low sulphur fuel oil (VLSFO) softened for a second consecutive sessio...
Big 3 Korean Shipbuilders See Orders Worth 136 Trillion Won
Categories: News Flash
Date: Jun 22, 2023
HD Hyundai Heavy Industries, Samsung Heavy Industries, and Hanwha Ocean, three major Korean shipbui...
Transportation Recovery Fund joins Tankers International VLCC Pool as demand for diverse fleets continues
Categories: News Flash
Date: Jun 22, 2023
Tankers International, the world’s largest shipping pool for VLCCs, has announced today that Tran...
ExxonMobil and Evergreen Line have completed the delivery of marine biofuel oil in the port of Singapore
Categories: News Flash
Date: Jun 22, 2023
ExxonMobil successfully completed a commercial marine biofuel oil bunkering in the port of Singapor...
Panama Canal Further Restricts Drafts Due to Falling Water Levels
Categories: News Flash
Date: Jun 21, 2023
In an advisory to shipping the Panama Canal Authority (ACP) announced further restrictions for the ...
China Retrofits Bulker with First Domestically-Built Wind Rotor Sails
Categories: News Flash
Date: Jun 21, 2023
China State Shipbuilding (CSSC) is reporting that it completed the first installation of a domestic...
Benchmarks jump, Dubai supported by strong bids from majors
Categories: News Flash
Date: Jun 21, 2023
Middle East crude benchmarks Oman, Dubai and Murban jumped on Tuesday, gaining for a third straight...
Asia’s gasoline blenders keen to boost octane as reforming spread hits over 9-month high
Categories: News Flash
Date: Jun 21, 2023
The substantial expansion in the Singapore reforming spread, fueled by relatively high gasoline val...
AD Ports Group signs a 30-year Extendable Concession Agreement to Manage and Operate a Multipurpose Terminal in Congo’s Pointe Noire Port
Categories: News Flash
Date: Jun 21, 2023
AD Ports Group, the leading global facilitator of trade, logistics, and industry, today signed a 30...
DeepSea provides a free entry point for shipping companies to start exploring AI benchmarking tools as it unveils the results of the 2022-23 Shifts Challenge
Categories: News Flash
Date: Jun 21, 2023
DeepSea Technologies, the award-winning Al-led maritime technology company, and energy efficiency e...
Spot VLSFO rally pauses as more offers emerge
Categories: News Flash
Date: Jun 21, 2023
The recent rally in Asia’s very-low sulfur fuel oil (VLSFO) paused on Tuesday after more spot off...
China’s May coal imports from Australia recover to pre-ban levels
Categories: News Flash
Date: Jun 21, 2023
Australian coal sales to China increased in May, as trade resumed between them even as overall coal...
MSC building shipping fleet suitable for multi-fuel future
Categories: News Flash
Date: Jun 21, 2023
MSC Group is building a fleet capable of running on multiple types of marine fuels in the shipping ...
Baltic index gains on higher capesize rates
Categories: News Flash
Date: Jun 21, 2023
The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodit...
Search Underway for Commercial Submarine Missing Near Titanic
Categories: News Flash
Date: Jun 20, 2023
The U.S. Coast Guard is confirming that a search and rescue mission has been launched for a private...