News Flash

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Singapore’s Dec term ex-wharf HSFO premiums narrow amid adequate stockpiles

Categories: News Flash

Date: Nov 30, 2024

The Singapore ex-wharf 380 CST high sulfur fuel oil term contracts for December’s supply were most...

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Baltic index drops to 10-month low as rates across segments dip

Categories: News Flash

Date: Nov 30, 2024

The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk c...

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How rape accused murderer was arrested in Gujarat - 2000 CCTV footages and 6-state investigation

Categories: News Flash

Date: Nov 29, 2024

The recent arrest of Rahul Karamveer Jat, a man charged with the rape and murder of a 19-year-old wo...

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ABP further strengthens support for seafarer welfare facilities

Categories: News Flash

Date: Nov 29, 2024

Associated British Ports (ABP), the UK’s largest and leading port operator, has today announced a ...

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NorthStandard and NNPC enter into strategic partnership to support shared ambitions

Categories: News Flash

Date: Nov 29, 2024

NorthStandard has announced a new and expanded strategic partnership with Noord Nederlandsche P&...

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Shipowners’ Club: General Increase Announcement Renewal 2025/2026

Categories: News Flash

Date: Nov 29, 2024

At the half year stage, the Club reported a combined ratio of 95.8%, with an underwriting surplus of...

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U-Ming Marine appoints UK technology provider, Anemoi, to install Rotor Sails on a VLOC, in another investment in sustainable initiatives by the Taiwan-based corporation

Categories: News Flash

Date: Nov 29, 2024

Leading wind-propulsion technology provider Anemoi Marine Technologies Ltd. (“Anemoi”) and U-Min...

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Pacific Basin Orders Four Dual-Fuel Methanol Low-Emission 64,000 dwt Ultramax Newbuilding Vessels from Japan

Categories: News Flash

Date: Nov 29, 2024

Pacific Basin Shipping Limited, one of the world’s leading dry bulk shipping companies, today anno...

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Asia Fuel Oil-Markets stable, though VLSFO selling interest persists

Categories: News Flash

Date: Nov 29, 2024

Asia’s spot fuel oil markets were little changed in quiet trade on Thursday, though selling intere...

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Hapag-Lloyd concludes long-term offtake agreement for green methanol

Categories: News Flash

Date: Nov 29, 2024

Hapag-Lloyd has reached an agreement with Goldwind, a global strategic partner in clean energy with ...

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Asia’s November crude oil imports nudge higher, still heading for annual fall

Categories: News Flash

Date: Nov 29, 2024

Asia’s imports of crude oil ticked up slightly in November, led by a recovery by top importer Chin...

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Maersk could use 15-20% alternative fuels for its fleet in 2030

Categories: News Flash

Date: Nov 29, 2024

Alternative fuels could account for up to a fifth of A.P. Moller-Maersk’s MAERSKb.CO marine fuel c...

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Baltic Index Drops To More Than Three-Week Low As Larger Vessel Rates Slip

Categories: News Flash

Date: Nov 29, 2024

The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk c...

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China removing export tax rebate can help curb palm oil UCO fraud, boost domestic biofuels: USDA

Categories: News Flash

Date: Nov 28, 2024

China’s removal of the export tax rebate on renewable waste feedstock, such as used cooking oil, c...

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Trump plans no exemption for oil imports under new tariff plan, sources say

Categories: News Flash

Date: Nov 28, 2024

U.S. President-elect Donald Trump does not intend to spare crude oil from his planned 25% import tar...

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TORM plc capital increase in connection with delivery of two 2015-built MR vessels and exercise of Restricted Share Units as part of TORM’s incentive program

Categories: News Flash

Date: Nov 28, 2024

TORM has increased its share capital by 961,823 shares (corresponding to USD 9,618.23) in connection...

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Auramarine secures order for two hybriddiesel and biofuel supply systems for Meriaura

Categories: News Flash

Date: Nov 28, 2024

Auramarine, the leading fuel supply systems pioneer for the marine, power and process industries, ha...

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Asian Shipowners’ Association (ASA) Ship Insurance and Liability Committee (SILC): “End the Unjust Detention of Seafarers! Shipowners Demand Action”

Categories: News Flash

Date: Nov 28, 2024

In a powerful call to action, the Asian Shipowners Association’s Ship Insurance and Liability Comm...

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Panama sets record in newbuilding ship registration

Categories: News Flash

Date: Nov 28, 2024

Panama has reached a historic milestone, registering 358 newly built ships to date, representing ove...

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FuelEU Maritime fully integrated in BSM’s emission management services

Categories: News Flash

Date: Nov 28, 2024

The countdown for the new FuelEU Maritime regulation is on. It will come into force from 2025. Bernh...

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Asia Fuel Oil-Hi-5 spread crunches to narrowest in five months

Categories: News Flash

Date: Nov 28, 2024

Asia’s hi-5 fuel oil spread crunched to its most narrow in five months as the very low sulphur fue...

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Worldscale Adopts ICE’s Benchmark EUA Carbon Pricing for its Tanker Freight Rates

Categories: News Flash

Date: Nov 28, 2024

Intercontinental Exchange, Inc., a leading global provider of technology and data, today announced t...

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Baltic index slips to near three-week low as larger vessel rates dip

Categories: News Flash

Date: Nov 28, 2024

The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk c...

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bound4blue welcomes Daniel Mann to drive ‘new era’ of eSAIL® growth

Categories: News Flash

Date: Nov 27, 2024

bound4blue is seeking to further consolidate its leading position in maritime’s rapidly evolving W...

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Seabed 2030 announces new partnership with Woolpert to advance global seafloor mapping

Categories: News Flash

Date: Nov 27, 2024

The Nippon Foundation-GEBCO Seabed 2030 Project is pleased to announce a new partnership with Woolpe...

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Sallaum Lines Opens Doors to Chinese OEMs Amid Major Investments

Categories: News Flash

Date: Nov 27, 2024

Imbalanced trades, capacity constraints at sea and in port, and lack of labor have put Europe’s be...

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MISC and Gentari Forge Strategic Partnership to Advance Ammonia Shipping and Floating Solutions

Categories: News Flash

Date: Nov 27, 2024

MISC Berhad (MISC), a global leader in energy-related maritime services, has entered into a Strategi...

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Asia Fuel Oil-Market stable to softer on ample supply outlook

Categories: News Flash

Date: Nov 27, 2024

Asia’s fuel oil market held steady to mildly softer on Tuesday, with ample supplies expected into ...

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Oceanly warns of increased global emissions if the alternative fuels rush intensifies

Categories: News Flash

Date: Nov 27, 2024

The leading provider of fleet performance solutions, Oceanly, has conveyed a stern warning that the ...

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EU to discuss adding tankers, Chinese firms to Russia sanctions list

Categories: News Flash

Date: Nov 27, 2024

European Union envoys will discuss a 15th package of sanctions on Wednesday in response to Russia’...

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TEN Ltd. Is Positive on Tanker Market’s Short Term Prospects

Categories: News Flash

Date: Nov 27, 2024

TEN, Ltd (TEN) reported results (unaudited) for the nine months and third quarter ended September 30...

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MPC Container Ships: Significant earnings visibility from further increased charter backlog

Categories: News Flash

Date: Nov 27, 2024

Highlights Charter backlog increased to USD 1.2 billion with increased contract coverage for 20...