News Flash
Sustainable hull cleaning for Singapore with HullWiper and Unidive Subsea
Categories: News Flash
Date: Dec 05, 2024
HullWiper’s sustainable hull cleaning solution is coming to Singapore. The company has signed a...
Longer ship routes causing delays, impacting global trade: Piyush Goyal
Categories: News Flash
Date: Dec 05, 2024
The long voyage time due to ships taking longer routes through Cape of Good Hope has impacted global...
France, Netherlands were top destinations for US LNG in November as flows shift to Europe
Categories: News Flash
Date: Dec 05, 2024
France and the Netherlands were the top destinations for US LNG cargoes delivered in November, as sh...
The Current State of Japanese Shipowners: Is the Bulk Carrier Market Secure? Stability Shadowed by Growing Concerns
Categories: News Flash
Date: Dec 05, 2024
“We still want to own car carriers. However, considering issues such as European tariff problems a...
ENGINE: Europe & Africa Bunker Fuel Availability Outlook
Categories: News Flash
Date: Dec 05, 2024
Northwestern Europe Supply pressures have eased across all three grades in the ARA this week, a t...
Asia Fuel Oil-Premiums narrow further; market eyes Asia sale tenders
Categories: News Flash
Date: Dec 05, 2024
Spot premiums for fuel oil narrowed further in Asia on Wednesday, while the market eyed several sale...
Alliances to shake-up shipping as industry recalibrates in 2025
Categories: News Flash
Date: Dec 05, 2024
The formation of new alliances and dissolution of old ones is set to reshape the shipping industry i...
Japanese LSFO falls to most competitive level in North Asia amid bleak demand
Categories: News Flash
Date: Dec 05, 2024
Japan-delivered LSFO prices are currently the cheapest among the major regional bunkering locations ...
USA: Treasury Intensifies Pressure on Iranian Shadow Fleet
Categories: News Flash
Date: Dec 05, 2024
The United States is imposing sanctions on 35 entities and vessels that play a critical role in tran...
Baltic index hits 15-month low as capesize rates dip
Categories: News Flash
Date: Dec 05, 2024
The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk c...
WinGD wins late engine orders for eight newbuild LNG carriers
Categories: News Flash
Date: Dec 04, 2024
Swiss marine power company WinGD has won an order for 16 X-DF dual-fuel engines after a late-stage s...
Profitable and green: innovative hull maintenance helps Hapag-Lloyd reduce emissions and cut costs
Categories: News Flash
Date: Dec 04, 2024
As part of its continued effort to drive sustainability in the maritime industry, German container l...
Supply Chain Established for Cargo Tanks Transporting Liquefied CO2 at Elevated Pressure (EP) NYK, KNCC, and JFE Shoji Advance Toward Social Implementation of CCS
Categories: News Flash
Date: Dec 04, 2024
Nippon Yusen Kabushiki Kaisha (“NYK”), its group company Knutsen NYK Carbon Carriers AS (“KNCC...
Maersk completes order of 20 dual-fuel vessels
Categories: News Flash
Date: Dec 04, 2024
A.P. Moller – Maersk (Maersk) has signed agreements with three yards for a total of 20 container v...
Saverex NV intends to launch a voluntary and conditional public takeover bid on Exmar NV
Categories: News Flash
Date: Dec 04, 2024
Saverex NV (“Saverex”) announces today that it intends to launch a voluntary and conditional pub...
Asia Fuel Oil-Market retains downward pressure amid high supply inflows
Categories: News Flash
Date: Dec 04, 2024
Asia’s fuel oil benchmarks continued to soften on Tuesday amid high supply inflows in the month, w...
US LNG exports to Europe surge in November on higher prices
Categories: News Flash
Date: Dec 04, 2024
U.S. LNG exports to Europe surged in November as the world’s largest producer of the superchilled ...
Baltic index falls for fifth straight day as larger vessel rates dip
Categories: News Flash
Date: Dec 04, 2024
The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk c...
Flurry of new tonnage diverges LNG shipping rates from bullish cargo market
Categories: News Flash
Date: Dec 04, 2024
European LNG cargo prices are rising, contrasting sharply with falling shipping rates. This divergen...
LNG traders divert cargoes from Europe to Asia as eastern demand strengthens
Categories: News Flash
Date: Dec 04, 2024
Three liquefied natural gas (LNG) cargoes on course for Europe have been diverted to Asia to meet st...
Yangzijiang Shipbuilding secures shipbuilding contracts worth US$2.63 billion
Categories: News Flash
Date: Dec 03, 2024
Yangzijiang Shipbuilding has secured shipbuilding contracts for 21 vessels, with a total contract va...
Switch2 partners with CorPower Ocean on groundbreaking ‘wave powered’ green ammonia project
Categories: News Flash
Date: Dec 03, 2024
SwitcH2 is partnering with CorPower Ocean to deliver a unique industrial scale floating green ammoni...
Floating LNG import terminals pose cost and climate challenges for Asian markets
Categories: News Flash
Date: Dec 03, 2024
In the coming decades, South and Southeast Asia are widely expected to drive global demand for lique...
Global shipping costs to remain high amid tariff threats, Red Sea challenges
Categories: News Flash
Date: Dec 03, 2024
Global shipping costs are expected to remain high next year, with freight rates likely to continue r...
Asia Fuel Oil-Spot premiums dip as offers soften, trade largely quiet
Categories: News Flash
Date: Dec 03, 2024
Spot premiums for fuel oil eased in Asia on Monday, with offers retreating from the previous session...
UECC and Titan agree landmark biomethane deal
Categories: News Flash
Date: Dec 03, 2024
United European Car Carriers (UECC) and Titan Clean Fuels (Titan) have signed a new agreement that w...
Saudi Arabia boosts crude oil share in Asia at Russia’s expense
Categories: News Flash
Date: Dec 03, 2024
Saudi Arabia clawed back market share of Asia’s crude oil imports in November, while Russia surren...
Rapid forensic analysis of FAME-based biofuels: Potential use of its fingerprint as a fraud detection tool
Categories: News Flash
Date: Dec 03, 2024
In recent years, the shipping sector has increasingly turned to liquid biofuels, particularly those ...
Global Shippers Adopt ‘Wait And See’ Approach As Trump Tariff Threats Loom
Categories: News Flash
Date: Dec 03, 2024
There has been a surprisingly measured response from international shippers facing potential new tar...
Baltic index hits over 1-year low on weaker rates across vessels
Categories: News Flash
Date: Dec 03, 2024
The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk c...
Japan buys LPG ahead of winter; South Korea, China resell cargoes
Categories: News Flash
Date: Dec 02, 2024
Japanese buyers have been purchasing LPG for December delivery at prices ranging from discounts of a...
Rotterdam-Singapore Green and Digital Shipping Corridor (GDSC) conducts end-to-end sustainability certification pilot for liquefied bio-methane bunkering
Categories: News Flash
Date: Dec 02, 2024
The Rotterdam-Singapore Green and Digital Shipping Corridor (GDSC) partners have conducted a success...