News Flash
Erma First Group Acquires Ecochlor To Lead The Global BWTS Market
Categories: News Flash
Date: Nov 13, 2024
ERMA FIRST GROUP has successfully completed the acquisition of Ecochlor, in a move that reinforces i...
Lloyd’s Register Maritime Decarbonisation Hub joins call to accelerate adoption of zero-emission fuels by 2030 for a sustainable shipping future
Categories: News Flash
Date: Nov 13, 2024
Global industry leaders build on momentum from previous COPs to strengthen targets and commit to inc...
Baltic index hits one-month high as larger vessel rates rise
Categories: News Flash
Date: Nov 13, 2024
The Baltic Exchange’s main sea freight index rose for a sixth consecutive session on Tuesday, reac...
Asia Distillates-More than 1.2mln bbls traded on window; more refiner sales emerge
Categories: News Flash
Date: Nov 12, 2024
Asia’s middle distillates markets saw a record number of spot deals on the trading window for the ...
Propspeed® Enables Vremar Srl’s Crew Support Vessel King David To Achieve Significant Fuel Savings
Categories: News Flash
Date: Nov 12, 2024
Propspeed, the leading innovator of underwater foul-release coatings, announced today the successful...
Saudi crude oil supply to China to fall in December on weak demand
Categories: News Flash
Date: Nov 12, 2024
Saudi Arabia’s crude oil supply to China is set to fall to about 36.5 million barrels in December,...
The EU defines offshore ships for EU MRV reporting
Categories: News Flash
Date: Nov 12, 2024
Ship types included for MRV reporting Offshore ships above 400 GT are required to start reporting...
UECC and Daphne Technology Join Forces to Drive Advanced Emissions Monitoring on UECC’s Latest Vehicle Carrier
Categories: News Flash
Date: Nov 12, 2024
United European Car Carriers (UECC) has chosen Daphne Technology’s PureMetrics™ emissions monito...
e1Marine and STAX Engineering Partner on Innovative Barge-Based Emission Capture and Control Project
Categories: News Flash
Date: Nov 12, 2024
e1Marine, pioneers of methanol to hydrogen power for the maritime industry and mobile emissions capt...
bound4blue secures major wind propulsion retrofit contract with Maersk Tankers
Categories: News Flash
Date: Nov 12, 2024
bound4blue has consolidated its position at the forefront of shipping’s revolution with a landmark...
Asia Fuel Oil-Spot premiums broadly stable after recent declines
Categories: News Flash
Date: Nov 12, 2024
Spot premiums for fuel oil were largely unchanged on Monday amid a backdrop of thin trade, steadying...
Descartes Releases November Global Shipping Report
Categories: News Flash
Date: Nov 12, 2024
Descartes Systems Group, the global leader in uniting logistics-intensive businesses in commerce, re...
Baltic Index Rises for Fifth Day On Stronger Capesize, Panamax Rates
Categories: News Flash
Date: Nov 12, 2024
Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, ...
Copper TC/RCs benchmark next year seen at 15-year low, survey shows
Categories: News Flash
Date: Nov 11, 2024
Copper concentrate processing fees are expected to be set at a 15-year-low in 2025 because of increa...
Trump’s win to bring spotlight on US agricultural trade, sustainability
Categories: News Flash
Date: Nov 11, 2024
The outcome of the US presidential election is seen as decisive for the country’s agriculture, wit...
Japan steel industry feels ‘sense of crisis’ as imports hit 10-year high
Categories: News Flash
Date: Nov 11, 2024
The Japanese steel industry is feeling a “sense of crisis” as the country’s steel imports for ...
QatarEnergy inaugurates four LNG vessels, the first from Korean shipyards in its historic shipbuilding program
Categories: News Flash
Date: Nov 11, 2024
QatarEnergy inaugurated four new conventional-size LNG vessels built in the Samsung Heavy Industries...
Chinese shipbuilders seek transition towards clean energy
Categories: News Flash
Date: Nov 11, 2024
In a bustling shipyard of Haixi Bay, located in the Xihai’an (West Coast) New Area of Qingdao, eas...
Brazil lifts coal imports to record as hydro hit lingers
Categories: News Flash
Date: Nov 11, 2024
Brazil is set to import nearly 900,000 metric tons of thermal coal this month, the highest monthly t...
China cut Russian Arctic oil purchases by 21% in Jan-Oct, data shows
Categories: News Flash
Date: Nov 11, 2024
China reduced daily purchases of Russian Arctic oil grades, Novy Port, ARCO and Varandey, by more th...
Wind-assisted propulsion: Charterparty considerations
Categories: News Flash
Date: Nov 11, 2024
While the industry continues its search for fuels that have less GHG emissions, the age-old method o...
Tanker: VLCCs Losing More Ground
Categories: News Flash
Date: Nov 11, 2024
Clean LR2 Tonnage has remained plentiful for MEG LR2’s this week. As a result, we have seen TC1 ...
The State of Maritime Supply-Chain Threats
Categories: News Flash
Date: Nov 11, 2024
Maritime supply chains remain the backbone of the global economy. Eighty percent of global trade by ...
HT PEM fuel cell veteran joins Blue World Technologies
Categories: News Flash
Date: Nov 09, 2024
With the announcement of Morten Hougaard Sørensen entering the Chief Business Development Officer r...
Tanker Trade: The Impact of Canada’s Trans Mountain Pipeline
Categories: News Flash
Date: Nov 09, 2024
The expansion of Canada’s Trans Mountain Pipeline (TMX) is set to reshape the North American oil l...
Asia Distillates-Dec spot liquidity rises; demand worries prevalent
Categories: News Flash
Date: Nov 09, 2024
Asia’s middle distillates markets saw more December discussions during the week, though cautiousne...
Higher quotations across a range of commodities push the FAO Food Price Index to its highest level in 18 months
Categories: News Flash
Date: Nov 09, 2024
The FAO Food Price Index (FFPI) averaged 127.4 points in October 2024, up 2 percent from its revised...
Iron ore falls ahead of China unveiling fresh fiscal stimulus
Categories: News Flash
Date: Nov 09, 2024
Iron ore futures slid on Friday, as investors adopted a cautious stance amid continuously falling de...
HD Korea Shipbuilding & Offshore Engineering Announces New Contract for 4 LNG Bunkering Vessels
Categories: News Flash
Date: Nov 09, 2024
HD Korea Shipbuilding & Offshore Engineering, the intermediate holding company of HD Hyundai spe...
E2open Ocean Shipping Index Cites Ongoing Conflict, Extreme Weather and Threat of Labor Strikes as Key Drivers of Port Congestion and Longer Transit Times
Categories: News Flash
Date: Nov 09, 2024
E2open Parent Holdings, Inc. (NYSE: ETWO), the connected supply chain SaaS platform with the largest...
Asia Fuel Oil-Spot 380-cst premiums slip for first in 5 weeks; Hi-5 narrows
Categories: News Flash
Date: Nov 09, 2024
Asia’s 380-cst high sulphur fuel oil (HSFO) cash premiums slipped for the first time in five weeks...
ETF Urges Stricter Regulations and Accountability for Shadow Fleet Operations
Categories: News Flash
Date: Nov 09, 2024
The European Transport Workers’ Federation (ETF) is calling for urgent action to combat the rise o...