News Flash
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 ...
LNG Bunkering Vessel Kaguya Conducts 100th Supply of LNG Building track record in Chubu region using ship-to-ship method
Categories: News Flash
Date: Nov 20, 2024
On November 5, the liquefied natural gas (LNG) bunkering vessel Kaguya conducted its 100th ship-to-s...
MOL, KEPCO Sign MoU for Joint Study of Liquefied Hydrogen Carrier
Categories: News Flash
Date: Nov 20, 2024
Mitsui O.S.K. Lines, Ltd. and The Kansai Electric Power Company, Incorporated announced the signing ...
Suspected attacks by Houthi rebels in Yemen target a ship in the Red Sea and Gulf of Aden
Categories: News Flash
Date: Nov 20, 2024
DUBAI, United Arab Emirates -- Suspected attacks by Yemen's Houthi rebels targeted a Panama-flagged ...
Asia Fuel Oil-Spot benchmarks soften as influx of supply weighs
Categories: News Flash
Date: Nov 20, 2024
Spot fuel oil benchmarks eased on Tuesday as ample incoming supplies weighed on sentiment. Singap...
EuroDry Ltd. Reports Net Loss of $5.2 Million
Categories: News Flash
Date: Nov 20, 2024
EuroDry Ltd., an owner and operator of drybulk vessels and provider of seaborne transportation for d...
Green corridors grow by 40% worldwide, but face a "feasibility wall", says Global Maritime Forum report
Categories: News Flash
Date: Nov 20, 2024
Green shipping corridors – specific trade routes where the feasibility of zero-emission shipping i...
Baltic index declines for second day on weak demand across vessels
Categories: News Flash
Date: Nov 20, 2024
The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk c...
No Wires Needed! Quick and Safe Docking with Automated Mooring for Autonomous Ships – KIMM develops automated mooring technology for autonomous ships
Categories: News Flash
Date: Nov 19, 2024
The Korea Institute of Machinery & Materials (KIMM) has successfully developed an advanced autom...
Houlder highlights ‘uncertainty dilemma’ stalling shipping’s decarbonization
Categories: News Flash
Date: Nov 19, 2024
A qualitative survey of shipowners conducted by design and engineering consultancy, Houlder, has hig...
OSM Thome rolls out Kaiko Systems to streamline inspections across entire fleet
Categories: News Flash
Date: Nov 19, 2024
OSM Thome, a global leader of technical, crew and marine services to the offshore and maritime indus...
US crude exports to China rebound from four-year low but outlook glum, Kpler says
Categories: News Flash
Date: Nov 19, 2024
U.S. exports of crude oil to China, the world’s top oil importer, have rebounded in October from t...
Asia Fuel Oil-VLSFO premium declines to lowest in six weeks
Categories: News Flash
Date: Nov 19, 2024
Asia’s spot premium for very low sulphur fuel oil (VLSFO) fell to a six-week low on Monday as comp...
LNG tankers divert to Europe from Asia after Russia halts supplies to Austria’s OMV
Categories: News Flash
Date: Nov 19, 2024
At least five cargoes of liquefied natural gas have diverted from Asia to Europe in the past few day...
DNV and Seatrium collaborate to drive innovation and sustainable product development in the marine and offshore industries
Categories: News Flash
Date: Nov 19, 2024
DNV has signed a Memorandum of Understanding (MoU) with Seatrium, a leading engineering solutions pr...
EU widens sanctions on Iranian shipping firms
Categories: News Flash
Date: Nov 19, 2024
The European Union has widened its sanctions against Iran over Tehran’s support of Russia in its w...
Star Bulk will use biofuels to comply with FuelEU Maritime rules
Categories: News Flash
Date: Nov 19, 2024
Star Bulk — one of the largest dry bulk shipping companies — will start buying biofuels to power...
Baltic index falls as all vessel segments decline
Categories: News Flash
Date: Nov 19, 2024
The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk c...
Vietnam’s NSRP seeks approval to import more Kuwaiti crude amid high run rates
Categories: News Flash
Date: Nov 18, 2024
Vietnam’s Nghi Son Refinery and Petrochemical has sought government approval to import an addition...
LME scrap volumes up on week, futures remain in contango
Categories: News Flash
Date: Nov 18, 2024
Volumes traded for the scrap futures contracts on the London Metal Exchange, which settle basis the ...
UBS: Oil prices have room to recover
Categories: News Flash
Date: Nov 18, 2024
The latest data from the Energy Information Administration (EIA) showed US crude inventories rose by...
Seafair & SQLearn announce their partnership
Categories: News Flash
Date: Nov 18, 2024
SQLearn, a leading provider of certified online training solutions for the maritime industry, & ...
China plans first bio-marine fuel export quotas for 2025, traders, consultancy say
Categories: News Flash
Date: Nov 18, 2024
China is planning its first export quota for marine bunker that is blended with biodiesel, partly to...
HD Hyundai heir tightens grip on shipbuilding group
Categories: News Flash
Date: Nov 18, 2024
Chung Ki-sun, the heir apparent and vice chairman at HD Hyundai, has been promoted to the firm’s e...
Biofuels Can Help Maritime Industry Lower Carbon Intensity
Categories: News Flash
Date: Nov 18, 2024
Hui Ling Chern is excited about how biofuels can help lower the lifecycle carbon intensity of the ma...
SHIPPING: Asia-US container rates stable as East Coast port labor negotiations break down
Categories: News Flash
Date: Nov 18, 2024
Rates for shipping containers from east Asia and China to the US were largely stable this week but e...
Tankers: VLCCs Show Strong Rebound
Categories: News Flash
Date: Nov 18, 2024
Clean LR2 LR’s in the MEG have not had an easy week with plenty of available tonnage. The 75kt M...