News Flash
Outcomes of the IMO Maritime Safety Committee, 109th session (MSC 109)
Categories: News Flash
Date: Dec 19, 2024
MSC 109 highlights Attacks against seafarers and international shipping Amendments adopted t...
Baltic index hits 17-month low as all vessel segments post declines
Categories: News Flash
Date: Dec 19, 2024
The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk c...
India’s GAIL to receive 12 LNG cargoes/year from Qatar Energy Trading starting 2025
Categories: News Flash
Date: Dec 18, 2024
India’s GAIL has awarded its LNG purchase tender for procuring 12 cargoes per year starting in Apr...
Biden Administration Releases New U.S. Maritime Decarbonization Action Plan
Categories: News Flash
Date: Dec 18, 2024
On December 11, President Biden announced a U.S. Maritime Decarbonization Action Plan that builds on...
EmissionLink enhances submission processes in readiness for FuelEU Maritime regulation
Categories: News Flash
Date: Dec 18, 2024
Comprehensive fuel and emissions monitoring service, EmissionLink, member of Columbia Group, is simp...
Anemoi completes installation of Rotor Sails onboard Vale VLOC in largest wind-propulsion project to date
Categories: News Flash
Date: Dec 18, 2024
Anemoi Marine Technologies completed the installation of five Rotor Sails onboard the 400,000 dwt Ve...
Asia Fuel Oil-Spot premiums rebound for January trading cycle
Categories: News Flash
Date: Dec 18, 2024
Spot premiums for fuel oil extended a slight rebound on Tuesday, reflecting firmer bids for the Janu...
Third tanker in trouble as oil washes up on Russia’s Black Sea coast
Categories: News Flash
Date: Dec 18, 2024
Spilled oil has washed up along “tens of kilometres” of the Russian Black Sea coast af...
Maritime Security: Managing Risks Associated with Stowaways and Rescued People at Sea
Categories: News Flash
Date: Dec 18, 2024
Stowaways are an ongoing issue for the security of ships and the safety of crew members, as well as ...
EU blacklists Rosneft tanker unit under latest sanctions
Categories: News Flash
Date: Dec 18, 2024
The EU adopted Dec. 16 its latest sanctions package against Russia, blacklisting more tankers and a ...
New whitepaper addresses the vital role of antifouling biocides in decarbonizing the shipping industry
Categories: News Flash
Date: Dec 18, 2024
Nine major suppliers of biocides to the marine antifouling coatings sector have collaborated to incr...
Baltic index retreats on lower rates across all vessel segments
Categories: News Flash
Date: Dec 18, 2024
The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk c...
Wärtsilä cargo handling system again the choice for new Very Large Ammonia Carrier vessels
Categories: News Flash
Date: Dec 17, 2024
Wärtsilä Gas Solutions, part of technology group Wärtsilä, will supply the cargo handling system...
Windward and Dataminr Partner to Bring AI-powered, Real-Time Alerting to the Maritime Domain, Enabling Rapid Response
Categories: News Flash
Date: Dec 17, 2024
Windward, the leading Maritime AI™ company, today announced that it has partnered with Dataminr, o...
KR, Sinokor, and HD Hyundai Marine Solution Join Forces to Transform Ship Maintenance with Advanced CBM Technology
Categories: News Flash
Date: Dec 17, 2024
KR (Korean Register) has partnered with Sinokor Merchant Marine and HD Hyundai Marine Solution(HD HM...
Metis and Nereus Digital Bunkers announce strategic cooperation to optimise marine fuel management
Categories: News Flash
Date: Dec 17, 2024
Metis, a leader in digital solutions for fleet performance management, and Nereus Digital Bunkers, a...
Asia Fuel Oil-HSFO logs recovery as buying interest resurfaces
Categories: News Flash
Date: Dec 17, 2024
Asia’s high sulphur fuel oil (HSFO) market posted a recovery on Monday after more buying interest ...
Korean shipbuilding faces lowest order rate in eight years
Categories: News Flash
Date: Dec 17, 2024
This year, Korea’s order ratio in the global shipbuilding market is expected to record the lowest ...
Trade Tensions May Affect European and Middle East Seaports
Categories: News Flash
Date: Dec 17, 2024
Growing trade tensions and likely tariff increases by the incoming US administration may have negati...
Stricken oil tankers show risks of Russia’s ageing ‘shadow fleet’
Categories: News Flash
Date: Dec 17, 2024
Russian authorities sought to limit the damage on Monday from oil spilled into the Kerch Strait by t...
Other alternative marine fuels ‘toddlers’ compared to LNG: SEA-LNG chairman
Categories: News Flash
Date: Dec 17, 2024
Other alternative marine fuels can be considered “toddlers” compared to LNG, as the latter offer...
Baltic index rises on gains in capesize vessel segment
Categories: News Flash
Date: Dec 17, 2024
The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk c...
IEA still sees ‘comfortable’ oil market in 2025 despite raising demand forecast
Categories: News Flash
Date: Dec 16, 2024
The International Energy Agency raised its 2025 oil demand forecast by 100,000 b/d on Dec. 12 on exp...
China’s November crude oil imports recover, other commodities stay strong
Categories: News Flash
Date: Dec 16, 2024
It’s turning out to be a good week so far for China’s economy, with the outlook brightening amid...
Dutch seaports and FERM launch nationwide cybersecurity platform
Categories: News Flash
Date: Dec 16, 2024
Digital attacks pose increasing risks to nautical and logistics processes in Dutch seaports. To deal...
S. Korea: iM Securities predicts shipbuilding industry thrives amid exchange rate benefits
Categories: News Flash
Date: Dec 16, 2024
The domestic stock market experienced a correction due to the Dec. 3 martial law incident. The shipb...
President-elect Trump backs union in US Gulf-East Coast ports labor dispute
Categories: News Flash
Date: Dec 16, 2024
In a late-Thursday post on social media, President-elect Donald Trump expressed his support for dock...
Global thermal coal exports and power use to hit new highs in 2024
Categories: News Flash
Date: Dec 16, 2024
Global exports and use of thermal coal will reach all-timehighs in 2024, despite the record roll-out...
International research consortium launches FUMES 2 to further quantify methane emissions from LNG shipping
Categories: News Flash
Date: Dec 16, 2024
The International Council on Clean Transportation (ICCT) announces the launch of FUMES 2 (Fugitive a...
Rising Trade Tensions May Affect Global Chemical Demand Growth
Categories: News Flash
Date: Dec 16, 2024
Rising trade tension risks could exacerbate the global chemical sector’s challenges, including pre...
Shipping giant Maersk expects strong demand and ‘another year of disruption’ for global trade in 2025
Categories: News Flash
Date: Dec 16, 2024
The past year has been a strong one for North American import trade demand, and that should continue...
VLCC Tanker Market Still Under Pressure
Categories: News Flash
Date: Dec 16, 2024
Clean LR2 An early flutter pushed the MEG LR2’s beginning of this week, only to be recorrect...