News Flash
NYK and ENEOS Sign Agreement for Sale and Purchase of Marine Fuel with CDR Credits Created Through DACCS
Categories: News Flash
Date: Dec 19, 2024
On December 11, Nippon Yusen Kabushiki Kaisha (“NYK”) and ENEOS Corporation (“ENEOS”) signed...
Encouraging younger people into the maritime industry and adapting to meet their needs is vital for the future of the industry, says MCTC
Categories: News Flash
Date: Dec 19, 2024
One of the biggest challenges as we head into 2025 will be attracting young people to the industry a...
Monjasa explores LNG bunkering in the UAE
Categories: News Flash
Date: Dec 19, 2024
Global top 10 marine fuels supplier, Monjasa, introduces the UAE’s first dedicated LNG Bunker Vess...
Guy Hindley appointed new Baltic Exchange Chairman
Categories: News Flash
Date: Dec 19, 2024
Guy Hindley has been appointed as the new Chairman of the Baltic Exchange Council, with effect from ...
New International Chamber of Shipping Secretary General announced
Categories: News Flash
Date: Dec 19, 2024
At a special meeting of the board, held on-line, the International Chamber of Shipping (ICS) have un...
Asia fuel oil prices capped in early 2025 but supply risks loom
Categories: News Flash
Date: Dec 19, 2024
Asia’s fuel oil premiums and refining margins will be capped by ample supply in early 2025, but cl...
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...