News Flash
Russia's Dec western port oil loadings may slip by 100,000 bpd, sources say
Categories: News Flash
Date: Nov 23, 2024
Oil loadings from Russia’s western ports in December are expected to slip by some 100,000 barrels ...
HMM introduces S.Korea's first LNG-powered vessels
Categories: News Flash
Date: Nov 23, 2024
South Korea’s HMM Co. said on Friday that it will introduce two 7,700 TEU (1 TEU equals one 20-foo...
The Hood is set to Revolutionise Connections in the Maritime Sector
Categories: News Flash
Date: Nov 23, 2024
The maritime industry is on the verge of a new era in connectivity with the launch of The Hood, a so...
Hong Kong engages partners to fuel maritime green shift
Categories: News Flash
Date: Nov 23, 2024
A unified voice calling for bolder actions to decarbonize the maritime transport and ensure a just t...
Redefining Shipping in Geneva: The Journey to 2050
Categories: News Flash
Date: Nov 23, 2024
This week, Geneva became the hub of innovation dialogue at Redefining Shipping by Klaveness. A criti...
Australia's Melbourne HSFO stocks limited, LSFO demand steady
Categories: News Flash
Date: Nov 23, 2024
Around the port of Melbourne in Australia, stronger bunker demand for high sulfur fuel oil has tight...
Asia Fuel Oil-VLSFO spot premium slides to three-month low
Categories: News Flash
Date: Nov 23, 2024
Asia’s spot premium for very low sulphur fuel oil (VLSFO) slipped to a three-month low on Friday, ...
Goldman Sachs expects oil prices to average around $80/bbl in 2024
Categories: News Flash
Date: Nov 23, 2024
Goldman Sachs expects Brent prices to average around $80 per barrel this year, despite a 2024 defici...
Baltic index declines as all vessels see falling rates
Categories: News Flash
Date: Nov 23, 2024
The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk c...
Miros Launches PredictifAI – A New Wave and Vessel Motion Prediction Technology
Categories: News Flash
Date: Nov 22, 2024
Miros, an industry leader in real-time ocean insights for maritime and offshore operations, has laun...
Maersk to move operations from major port
Categories: News Flash
Date: Nov 22, 2024
A major container shipping company has announced it will no longer use the Port of Felixstowe for it...
Liquid Wind raises €44 million in Series C financing with Uniper, HYCAP and Samsung Ventures to meet increasing demand for low-carbon eFuels
Categories: News Flash
Date: Nov 22, 2024
Liquid Wind, the leading Swedish eFuel facility developer has raised €44 million in Series C finan...
IMO Gender Equality Award to go to maritime entrepreneur Karin Orsel
Categories: News Flash
Date: Nov 22, 2024
Celebrated maritime entrepreneur is a long-time advocate for diversity and inclusion in the shipping...
Oldendorff Successfully Installs Rotor Sails
Categories: News Flash
Date: Nov 22, 2024
Oldendorff Carriers (Oldendorff) is pleased to announce the successful installation and operational ...
Asia Fuel Oil-Markets steady; Singapore inventories draw lower
Categories: News Flash
Date: Nov 22, 2024
Spot fuel oil markets were broadly stable on Thursday, while weekly inventories at Singapore drew lo...
US LNG exports primed to jump as price arb to Europe opens wide
Categories: News Flash
Date: Nov 22, 2024
United States exports of LNG to Europe are set to jump in the coming weeks after the price spread be...
China crude oil imports set for November rebound, but it’s price not demand
Categories: News Flash
Date: Nov 22, 2024
China’s crude imports are on track to rebound in November to the highest in three months, but the ...
At COP29, UNECE ICAO and IMO join forces to decarbonize transport
Categories: News Flash
Date: Nov 22, 2024
Transport has traditionally propelled economic growth and connected nations. Yet, as a formidable co...
Baltic index falls as all vessel segments post declines
Categories: News Flash
Date: Nov 22, 2024
The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk c...
The principles and implications of General Average are not always fully understood by the offshore sector, warns the AAA
Categories: News Flash
Date: Nov 21, 2024
At a recent seminar in London organised by the International Underwriting Association of London (IUA...
NautilusLog and Industry Leaders Announce the Launch of ISO 4891: A New Standard for Interoperability of Smart Applications Onboard Ships
Categories: News Flash
Date: Nov 21, 2024
NautilusLog, a leading maritime technology company based in Hamburg, proudly announces the release o...
Norsepower Rotor Sails™️ installed on Oceanus Aurora as part of IINO Lines and Borealis support of environmentally sustainable shipping
Categories: News Flash
Date: Nov 21, 2024
Wind propulsion leader Norsepower and esteemed shipping company IINO Kaiun Kaisha, Ltd. (IINO LINES)...
Hempel joins RightShip’s Zero Harm Innovation Partners Program, strengthening commitment to a sustainable maritime industryHempel joins RightShip’s Zero Harm Innovation Partners Program, strengthening commitment to a sustainable maritime industry
Categories: News Flash
Date: Nov 21, 2024
Hempel proudly announces that it is joining RightShip’s Zero Harm Innovation Partners Program, ali...
China's Oct coal imports from Russia rise 13%
Categories: News Flash
Date: Nov 21, 2024
China’s coal imports from Russia rose 13% in October from the same month a year earlier despite sa...
Asia Fuel Oil-HSFO premiums fall while market structure softens
Categories: News Flash
Date: Nov 21, 2024
Spot premiums for high sulphur fuel oil (HSFO) dipped on Wednesday amid a backdrop of heavy supply a...
LR explores future trends with Korean shipbuilders
Categories: News Flash
Date: Nov 21, 2024
The Global Conference on Naval Architecture and Ocean Engineering (G-NAOE) 2024, co-hosted by Lloyd'...
VIKAND Emphasises the Importance of Effective Communication in the Psychological Safety, Wellbeing, and Retention of Seafarers
Categories: News Flash
Date: Nov 21, 2024
Debate at the highest level is a key reason why London International Shipping Week is such a ‘must...
South Korean Shipbuilders Target $50 Billion in Orders Next Year
Categories: News Flash
Date: Nov 21, 2024
The shipbuilding supercycle is expected to continue next year, with projections indicating that dome...
Baltic Index Falls As Panamax And Supramax Segments Log Declines
Categories: News Flash
Date: Nov 21, 2024
The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk c...
Iron ore at one-week high on softer dollar, pre-holiday stocking
Categories: News Flash
Date: Nov 20, 2024
Iron ore futures rose for a second consecutive session to a one-week high on Tuesday, supported by a...
With Syroco, Socatra reduces fuel consumption and emissions of Alcyone
Categories: News Flash
Date: Nov 20, 2024
Socatra, a leading provider of oil shipping services, and Syroco, the Climate Tech startup that supp...
NorthStandard adjusts for conditions ahead with precautionary premiums increase
Categories: News Flash
Date: Nov 20, 2024
The return of higher claim volumes during 2024, increased exposure to larger claims, and continuing ...