News Flash
MSC Unveils Future Standalone East/West Network
Categories: News Flash
Date: Sep 27, 2024
FROM FEBRUARY 2025 ONWARDS, MSC WILL PROVIDE A UNIQUE AND HOLISTIC EAST/WEST SOLUTION FOR ALL CUSTOM...
Maersk makes further step to support methanol bunkering standards in Japan
Categories: News Flash
Date: Sep 27, 2024
Yokohama, Japan – A.P.Moller – Maersk (Maersk) has taken a significant step towards supporting ...
Marine Medical Solutions Advises Vigilance in Keeping Seafarers Safe from Infectious Diseases
Categories: News Flash
Date: Sep 26, 2024
Marine Medical Solutions (MMS), a key provider of healthcare services tailored for the maritime indu...
India’s thermal coal imports rise 2% Y/Y in April-July, govt data says
Categories: News Flash
Date: Sep 26, 2024
India imported 2% more thermal coal in April-July from a year earlier to boost its power generation,...
Panama Canal introduces modifications to the Transit Reservation System Tariffs
Categories: News Flash
Date: Sep 26, 2024
The Panama Canal Authority, today, released a revamped section for its Maritime Services Tariffs ava...
ENGINE: Europe & Africa Bunker Fuel Availability Outlook
Categories: News Flash
Date: Sep 26, 2024
Northwest Europe Prompt LSMGO availability has tightened in the ARA hub amid barge loading delays...
FUJAIRAH DATA: Oil product stockpiles tumble to 2 1/2-year low
Categories: News Flash
Date: Sep 26, 2024
Stockpiles of oil products at the UAE’s Port of Fujairah plummeted 21% in the week ended Sept. 23 ...
Shippers scramble for workarounds ahead of threatened US port strike
Categories: News Flash
Date: Sep 26, 2024
U.S. companies that rely on East and Gulf Coast seaports have been importing early, shifting goods t...
Asia Fuel Oil-VLSFO dips; Kuwait’s Al Zour offers Oct-Dec supply
Categories: News Flash
Date: Sep 26, 2024
Asia’s very low sulphur fuel oil (VLSFO) market softened on Wednesday, while Kuwait’s Al Zour re...
Port strikes on US East Coast will cause major supply disruption into 2025, with Government intervention needed to prevent damage to economy
Categories: News Flash
Date: Sep 26, 2024
Ripple effects of strike action at ports on the US East and Gulf coasts will cause severe supply cha...
New study reveals EU regulations will boost economic value of methanol in shipping
Categories: News Flash
Date: Sep 26, 2024
A new White Paper prepared for the Methanol Institute by Dr Jeroen Dierickx, an energy and fuel expe...
Baltic index hits nearly three-month high on higher capesize rates
Categories: News Flash
Date: Sep 26, 2024
The Baltic Exchange’s main sea freight index extended gains on Wednesday hitting its highest in ne...
SpecTec and Source2Sea partnership boosts data driven decision making in the maritime supply industry
Categories: News Flash
Date: Sep 25, 2024
SpecTec and Source2Sea are pleased to announce our global partnership, combining SpecTec’s leading...
Wärtsilä to future-proof container vessels with CCS-Ready scrubber technology
Categories: News Flash
Date: Sep 25, 2024
Technology group Wärtsilä has been contracted to supply its latest carbon capture and storage-read...
Amogy Sails World’s First Carbon-Free Ammonia Powered Maritime Vessel
Categories: News Flash
Date: Sep 25, 2024
Amogy, a provider of mature, scalable, and efficient ammonia-to-power solutions, today announced tha...
Maryland sues cargo ship owner, operator over Baltimore bridge collapse
Categories: News Flash
Date: Sep 25, 2024
The state of Maryland on Tuesday filed civil claims against the owner and operator of the cargo ship...
DNV Awards Type Approval Design Certification to Hanwha Ocean’s Rotor Sail Technology
Categories: News Flash
Date: Sep 25, 2024
DNV has awarded Hanwha Ocean Type Approval Design Certification (TADC) for its innovative rotor sail...
Asia Fuel Oil-Hi-5 spread widens for fourth trading session
Categories: News Flash
Date: Sep 25, 2024
Asia’s hi-5 fuel oil spread widened for the fourth consecutive trading session on Tuesday, with 38...
TMX crude flow to Asia may lift Aframax demand, affect Persian Gulf-USWC VLCCs
Categories: News Flash
Date: Sep 25, 2024
The significant increase in Canada’s TMX heavy crude exports from Vancouver to Asia, which have ne...
Harnessing wind power for the next generation of sustainable shipping
Categories: News Flash
Date: Sep 25, 2024
With annual international shipping CO₂ emissions doubling since 1990 and now accounting for roughl...
Prioritising maritime data for a decarbonised future
Categories: News Flash
Date: Sep 25, 2024
A recent survey by Houlder shed light on a crucial issue: the scarcity of relevant operational data ...
Baltic index hits more than two-month high on stronger vessel rates
Categories: News Flash
Date: Sep 25, 2024
The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commo...
From flats to longs: Europe’s ‘green’ steel conversation expands
Categories: News Flash
Date: Sep 24, 2024
When it comes to Europe’s nascent “green” steel sector, conversation for the most part has cen...
Iron ore hits over 1-year low on soft China demand prospects, firmer supply
Categories: News Flash
Date: Sep 24, 2024
Iron ore futures fell on Monday to their lowest in more than a year, as investors weighed prospects ...
Wallenius’ pioneering vessel Future Way christened in Germany
Categories: News Flash
Date: Sep 24, 2024
Wallenius Marine’s new vessel Future Way, based on the innovative Sleipner design concept, was chr...
Another LNG vessel berths at Russia’s Arctic LNG 2, data shows
Categories: News Flash
Date: Sep 24, 2024
A liquefied natural gas vessel managed by a company in India has berthed at Russia’s Arctic LNG 2 ...
Summer surge: Record diesel flows from USGC to Europe, Latin America
Categories: News Flash
Date: Sep 24, 2024
The US Gulf Coast is experiencing record diesel flows to Northwest Europe as favorable freight rates...
India’s August Russian oil imports slip 18% from July, tanker data show
Categories: News Flash
Date: Sep 24, 2024
India’s monthly oil imports from Russia fell by 18.3% to about 1.7 million barrels per day (bpd) i...
China’s fuel oil imports set to slow on anticipated tax changes
Categories: News Flash
Date: Sep 24, 2024
China is planning a tax revamp that would raise costs for imported fuel oil, prompting independent r...
Action on Efficiency and Wind Power Essential For Shipping Sector to Achieve Climate Goal – NGOs
Categories: News Flash
Date: Sep 24, 2024
Ahead of this week’s International Maritime Organization’s Intersessional Working Group on Reduc...
The importance of nuance in a volatile ocean container shipping market – shippers need a deeper dive into the data
Categories: News Flash
Date: Sep 24, 2024
Making sense of ocean container shipping volatility in 2024 is no easy task, so it may be tempting f...
Baltic index hit over two-month peak on higher rates across vessels
Categories: News Flash
Date: Sep 24, 2024
The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commo...