News Flash
Onboard carbon capture: a bridge to zero-emission shipping?
Categories: News Flash
Date: Feb 21, 2025
n the long run, alternative fuels are expected to help shipping achieve net zero greenhouse gas (GHG...
Lloyd’s Register and Capital Ship Management complete the world’s first tanker on-shore power supply compatibility assessment
Categories: News Flash
Date: Feb 21, 2025
Capital Ship Management Corp. (‘Capital’) has successfully completed the world’s first tanker ...
Performance Shipping Inc. Reports Lower 2024 Net Income
Categories: News Flash
Date: Feb 21, 2025
Performance Shipping Inc., a global shipping company specializing in the ownership of tanker vessels...
Joint Public Statement on shipping fuels in the Clean Industrial Deal
Categories: News Flash
Date: Feb 21, 2025
The Clean Maritime Fuels Platform, representing the European shipowners and the fuel suppliers, stre...
Shipping companies stay away from Red Sea partly due to commercial interests
Categories: News Flash
Date: Feb 21, 2025
Shipping companies are avoiding the Red Sea for safety reasons as well as commercial interests, some...
EU Ship Recycling Regulation: Evaluation and list update
Categories: News Flash
Date: Feb 21, 2025
The European Commission on Wednesday published the results of the EU Ship Recycling Regulation evalu...
Eidesvik Offshore Announces New Construction Support Vessel
Categories: News Flash
Date: Feb 21, 2025
Eidesvik Offshore announces the construction of a new state-of-the-art Construction Support Vessel (...
MABUX: Bunker Prices Could Retreat Next Week
Categories: News Flash
Date: Feb 21, 2025
During the 08th week, the MABUX global bunker indices experienced a moderate decline. The 380 HSFO i...
EU Awards €7,8 Million to Develop Next-Generation Power Systems for Green Shipping
Categories: News Flash
Date: Feb 20, 2025
The current global fleet contributes significantly to emissions, relying on conventional power syste...
Sustainable Ship Management: Navigating the Green Future
Categories: News Flash
Date: Feb 20, 2025
Sustainability aims for long-term co-existence on Earth, focusing on environmental, economic, and so...
Marcura’s New Chapter: Accelerating Global Trade with a Unified Ecosystem Driving AI-Powered Automation and Efficiency for Smarter Maritime Decisions
Categories: News Flash
Date: Feb 20, 2025
Marcura unveils a bold new look and new AI capabilities, part of a broader transformation to connect...
ERS data tracking and transparency key to managing compliance risk as EU ETS deadline looms, says OceanScore
Categories: News Flash
Date: Feb 20, 2025
The maritime industry is bracing for the first large-scale verification of carbon credits to be surr...
Saudi Red Sea Authority and Ministry of Municipalities and Housing Sign MoU to Enhance Marina Development
Categories: News Flash
Date: Feb 20, 2025
The Saudi Red Sea Authority (SRSA) has signed a memorandum of understanding (MoU) with the Ministry ...
Dry Weekly Market Monitor: Cyclone Disruptions Hit Australian Iron Ore Exports
Categories: News Flash
Date: Feb 20, 2025
The sharp decline in Australian dry bulk flows in early 2025, as depicted in the data, can be direct...
Ship Recycling Market Still Facing Challenging Conditions
Categories: News Flash
Date: Feb 20, 2025
The ship recycling market has kept on facing a challenging landscape. In its latest weekly report, B...
Econowind Receives One Million Euros Investment To Harness The Wind For Deep-Sea Shipping
Categories: News Flash
Date: Feb 19, 2025
Dutch company Econowind, based in Zeewolde, has secured €1 million in development capital from Inv...
Wärtsilä Lifecycle Agreement to ensure operational reliability for 14 vessels in CMA Ships fleet
Categories: News Flash
Date: Feb 19, 2025
Technology group Wärtsilä has signed a Lifecycle Agreement with CMA Ships, a subsidiary of leading...
ENGINE: East of Suez Bunker Fuel Availability Outlook
Categories: News Flash
Date: Feb 19, 2025
Singapore and Malaysia Bunker demand has been slow in Singapore over the past two weeks, accordin...
Blue waters, green vessels: ING aims to be a catalyst for shipping decarbonization
Categories: News Flash
Date: Feb 19, 2025
The global economy relies on shipping, more than 80% of the world’s traded goods are transported b...
HSFO spot premiums dip but backwardation holds
Categories: News Flash
Date: Feb 19, 2025
Spot premiums for high sulphur fuel oil (HSFO) eased further in Asia on Tuesday, although backwardat...
Dry Bulk Shipping: Handysize Ships Heading Lower
Categories: News Flash
Date: Feb 19, 2025
Handysize ships’ prices are trending higher, despite an overall lackluster freight market sentimen...
ICS Latest Flag State Performance Table Shows The World’s Largest Flag State Administrations Continuing To Demonstrate High Levels Of Performance
Categories: News Flash
Date: Feb 19, 2025
The International Chamber of Shipping (ICS) has issued its annual Flag State Performance Table for 2...
Unsworth sails into Liverpool: A strategic expansion into the Northwest
Categories: News Flash
Date: Feb 19, 2025
Unsworth, a trusted name in freight forwarding and customs brokerage for over 50 years, has started ...
Decarbonisation leaders firm up commitment to cultivate trust in ammonia as a marine fuel
Categories: News Flash
Date: Feb 19, 2025
With the maritime industry under pressure to reduce carbon emissions, ammonia is gaining popularity ...
Baltic index hits one-month high on stronger rates across vessels
Categories: News Flash
Date: Feb 19, 2025
Baltic Exchange’s dry bulk sea freight index, which measures shipping rates for vessels transporti...
Drone strike hits Chevron, Exxon oil exports via Russia
Categories: News Flash
Date: Feb 18, 2025
A drone strike has hit a pumping station on a oil pipeline in Russia, reducing flows from Kazakhstan...
DP World’s Pioneering Carbon Inset Programme Registers Over 100,000 Containers
Categories: News Flash
Date: Feb 18, 2025
The world’s first container port Carbon Inset Programme has registered more than 100,000 TEUs wort...
Kongsberg Maritime secures contract to equip Bibby Marine’s groundbreaking eCSOV
Categories: News Flash
Date: Feb 18, 2025
Kongsberg Maritime has won a major contract to supply an integrated package of equipment for Bibby M...
Maersk and Cochin Shipyard partner to explore ship repairs and shipbuilding activities in India
Categories: News Flash
Date: Feb 18, 2025
Maersk (Maersk) and Cochin Shipyard Limited (CSL) today announced the signing of a Memorandum of Und...
UAE’s Fujairah marine fuel sales extend monthly climb but log yearly fall in January
Categories: News Flash
Date: Feb 18, 2025
Marine fuel sales at the United Arab Emirates’ Fujairah, a key bunker hub in the Middle East, exte...
South Korean shipbuilders eye overseas production as domestic yards reach capacity
Categories: News Flash
Date: Feb 18, 2025
South Korean shipbuilders, backed by extensive orderbooks, are weighing offshore production options ...
Asia Fuel Oil: Spot premiums extend slide, backwardation narrows
Categories: News Flash
Date: Feb 18, 2025
Spot premiums for fuel oil fell further on Monday, while market backwardation narrowed at the prompt...