News Flash

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Logothetis again lifts stake in fueltech SulNOx

Categories: News Flash

Date: Sep 18, 2024

Constantine Logothetis has once again increased his stake in UK-listed fuel decarbonisation grou...

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New guide to reducing GHG emissions in shipping launched by ICS

Categories: News Flash

Date: Sep 18, 2024

With increasing requirements to reduce GHG emissions in shipping, The International Chamber of Shipp...

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Asia Fuel Oil-Spot benchmarks inch up amid active bidding

Categories: News Flash

Date: Sep 18, 2024

Spot fuel oil benchmarks edged higher on Tuesday amid a backdrop of active bidding for October-loadi...

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Implications of Looming labor strikes on U.S. container trade and supply chains

Categories: News Flash

Date: Sep 18, 2024

September is traditionally one of the busiest months for U.S. containerized imports, driven by the p...

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How Can We Use Data To Help Decarbonise Ports?

Categories: News Flash

Date: Sep 18, 2024

Global shipping contributes 2-3% of carbon emissions, with ports playing a significant role. Leverag...

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Baltic index extends gain on panamax strength

Categories: News Flash

Date: Sep 18, 2024

The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commo...

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New Sustainable Transshipment Offshore Terminal Concept

Categories: News Flash

Date: Sep 17, 2024

Vaholmen and SafeSTS have signed an MOU to leverage their core expertise by developing a sustainable...

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Trelleborg Leads Advanced Fleet Modernization Project with Arkas Holding

Categories: News Flash

Date: Sep 17, 2024

Trelleborg Marine & Infrastructure, a global leader in engineered polymer and technology solutio...

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NeptuneZero Announces Strategic Cooperation with Synthetica to Revolutionize Maritime Data Aggregation

Categories: News Flash

Date: Sep 17, 2024

NeptuneZero, an innovative startup at the forefront of the marine industry, is excited to announce a...

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Back to the Future: A forgotten 1950 research project moves the maritime industry digitalisation to a new level

Categories: News Flash

Date: Sep 17, 2024

When Dr Dmitriy Ponkratov, a founder of the JoRes Joint Research project and currently a Marine Dire...

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Shipbuilders from Japan, Korea keen to invest here: Sarbananda Sonowal

Categories: News Flash

Date: Sep 17, 2024

In what could be a boost for India’s nascent shipbuilding industry, companies from Japan and South...

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Asia Fuel Oil-Premiums steady while market eyes supply recovery

Categories: News Flash

Date: Sep 17, 2024

Spot premiums for fuel oil were largely stable on Monday, while the market eyed improving supply int...

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DNV awards AiP to HD Hyundai for 80K CBM electric propulsion Liquefied Hydrogen Carrier: An innovative solution to enable large-scale hydrogen shipping

Categories: News Flash

Date: Sep 17, 2024

DNV has awarded an Approval in Principle (AiP) to HD Korea Shipbuilding & Offshore Engineering (...

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Singapore Aug bunker fuel sales dip as spike in premiums dampens demand

Categories: News Flash

Date: Sep 17, 2024

Marine fuel sales at Singapore, the world’s largest bunker hub, posted a 2.3% monthly decline in A...

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Successful ship-to-ship ammonia transfers pave the way for ammonia bunkering in the Pilbara region

Categories: News Flash

Date: Sep 17, 2024

A Global Centre for Maritime Decarbonisation-led consortium has successfully conducted ship-to-ship ...

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Baltic index edges up on gains across all vessels

Categories: News Flash

Date: Sep 17, 2024

The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commoditi...

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Natural gas market eyes widening of 2025 seasonal spreads

Categories: News Flash

Date: Sep 16, 2024

While Europe braces for the winter-ahead with a comfortable amount of gas in storages, market partic...

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US to go ahead with modified Section 301 tariffs on Chinese steel, aluminum, critical minerals

Categories: News Flash

Date: Sep 16, 2024

The US has announced it will go ahead with Section 301 tariffs on a number of commodity imports from...

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MOL Becomes 1st Japanese Board Member of Book and Claim Community – Environmental Initiative Aims to Decarbonize International Logistics

Categories: News Flash

Date: Sep 16, 2024

Mitsui O.S.K. Lines, Ltd. announced that it has become the first Japanese company to join the board ...

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ClassNK releases ‘Guidelines for Liquefied Hydrogen Carriers (Edition 3.0)’ – responding to diversification of cargo containment systems and reflecting latest findings

Categories: News Flash

Date: Sep 16, 2024

ClassNK has released the ‘Guidelines for Liquefied Hydrogen Carriers (Edition 3.0)’, which cover...

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Panama Canal Operational Strategies Presented at the International Investors Forum

Categories: News Flash

Date: Sep 16, 2024

The 2025 Investors Forum, organized by the Latin American Stock Exchange (LATINEX), analyzed the eco...

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China’s falling iron ore demand is only half the story

Categories: News Flash

Date: Sep 16, 2024

With Chinese steel demand now dropping faster than expected, the outlook for Australian iron ore –...

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New shipping routes dodge carbon costs along with Red Sea risks, according to Concordia research

Categories: News Flash

Date: Sep 16, 2024

The political and military instability in the Red Sea and eastern Mediterranean has forced global sh...

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Asia-USEC container rates plunge by 20% as shippers avoid possible ILA strike

Categories: News Flash

Date: Sep 16, 2024

Average global rates for shipping containers fell significantly this week, including a 21% decrease ...

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Tanker Market: VLCCs on the Rise

Categories: News Flash

Date: Sep 16, 2024

Clean LR2 MEG LR2s made gains this week, with the rate for TC1 (75Kt MEG/Japan) recovering 4 point...

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Even After Houthi Attacks, Russia-Linked Tankers Return to Red Sea

Categories: News Flash

Date: Sep 16, 2024

The maritime incidents involving oil tankers in the Red Sea highlight significant risks for vessels ...

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Premier Alliance to Cooperate with MSC in Asia – Europe Trade

Categories: News Flash

Date: Sep 14, 2024

Yang Ming Marine Transport Corp. (“Yang Ming”), a member of Premier Alliance, is pleased to anno...

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Plymouth Marine Laboratory joins Seabed 2030 to advance understanding of the global ocean

Categories: News Flash

Date: Sep 14, 2024

The Nippon Foundation-GEBCO Seabed 2030 Project has entered into a new partnership with Plymouth Mar...

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Shipping lenders’ climate risk exposure

Categories: News Flash

Date: Sep 14, 2024

Lenders to shipping are increasingly considering climate performance when setting loan margins, a st...

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Globus Maritime Limited Reports First Half Net Income of $17.2 Million

Categories: News Flash

Date: Sep 14, 2024

Globus Maritime Limited, a dry bulk shipping company, today reported its unaudited consolidated fina...

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Cargo Integrity Group reminds of the need for accurate and reliable emergency contact information

Categories: News Flash

Date: Sep 14, 2024

The Cargo Integrity Group is issuing an urgent reminder of the need for an emergency contact telepho...

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JX, NYK, and KNCC Jointly Conduct Demonstration Experiment of Elevated Pressure (EP) Method in CO2 Liquefaction and Storage Process

Categories: News Flash

Date: Sep 14, 2024

On August 28, JX Nippon Oil & Gas Exploration Corporation (JX), Nippon Yusen Kabushiki Kaisha (N...