News Flash
The first Norsepower Rotor Sail™ funded by German Government to be fitted on Baltrader’s new cement carrier
Categories: News Flash
Date: Feb 23, 2024
Baltrader Capital GmbH & Co. KG, Hamburg, and Norsepower, the leading global provider of auxili...
Vitol Bunkers takes delivery of first biofuel barge in Singapore
Categories: News Flash
Date: Feb 23, 2024
Vitol Bunkers said Feb. 22 it has taken delivery of its first biofuel bunker barge, the Marine Futu...
Asia Distillates-Gasoil margin steady, Singapore stocks fall
Categories: News Flash
Date: Feb 23, 2024
Asia’s 10-ppm sulphur gasoil margin cash premium was little changed on Thursday amid absence of d...
Dalian iron ore falls for fourth day on China demand concerns
Categories: News Flash
Date: Feb 23, 2024
Dalian iron ore futures fell for a fourth consecutive session on Thursday amid concerns over steel ...
Teekay Corporation Reports Strong Fourth Quarter Results, As 2023 Was the Best of the Past 15 Years
Categories: News Flash
Date: Feb 23, 2024
Teekay Corporation reported results for the three and twelve months ended December 31, 2023. These ...
Eastern Pacific Shipping makes first wind propulsion move with bound4blue eSAILs
Categories: News Flash
Date: Feb 23, 2024
Eastern Pacific Shipping (EPS) has signed a contract for its first ever wind-assisted propulsion sy...
HD Hyundai Marine bags order to upgrade Chevron LNG tankers
Categories: News Flash
Date: Feb 23, 2024
HD Hyundai Marine Solution Co., a ship maintenance, retrofitting and digital solution provider unde...
WinGD and Mitsubishi Shipbuilding agree ammonia fuel supply system
Categories: News Flash
Date: Feb 23, 2024
Swiss marine power company WinGD and Japanese shipbuilder and technology developer Mitsubishi Shipb...
Maritime and Port Industry Stakeholders Welcome the IMCO vote on UCC Reform, urging further efforts to secure a smart, safe, and competitive Customs Union
Categories: News Flash
Date: Feb 23, 2024
Yesterday, the European Parliament’s Internal Market Committee (IMCO) adopted its report on the r...
Baltic index strengthens on climbing capesize and supramax rates
Categories: News Flash
Date: Feb 23, 2024
The Baltic Exchange’s dry bulk sea freight index rose to an over six-week high on Thursday, conse...
Manta Marine Technologies unveils new leadership
Categories: News Flash
Date: Feb 22, 2024
Manta Marine Technologies formerly known as Yara Marine Technologies (YMT) unveils their new brand ...
Kalmar’s electric and hybrid straddle carriers to play role in cutting emissions at ECT Delta terminal in Rotterdam
Categories: News Flash
Date: Feb 22, 2024
Kalmar, part of Cargotec, has concluded an agreement to supply Hutchison Ports ECT Rotterdam with t...
Strong Member support results in another positive renewal for West
Categories: News Flash
Date: Feb 22, 2024
The West of England P&I Club (West) is pleased to announce a successful 2024 renewal across all...
ZeroNorth and Alpha Ori Technologies Close Deal To Join Forces, Accelerating Green Global Trade And Zero Emissions Shipping
Categories: News Flash
Date: Feb 22, 2024
ZeroNorth and Alpha Ori Technologies have announced today that they have received all required regu...
Global Shipowners Body Sets Out Industry Principles To Combat Harassment And Bullying
Categories: News Flash
Date: Feb 22, 2024
Today, the International Chamber of Shipping (ICS), the global trade association for shipowners and...
S&P Global expects global trade will grow at a compound rate of 3.3% through to 2028
Categories: News Flash
Date: Feb 22, 2024
S&P Global today published the latest edition of its Look Forward research series, focusing on ...
Asia Fuel Oil-HSFO spot discounts hold, Fujairah stockpiles at 7-month low
Categories: News Flash
Date: Feb 22, 2024
Spot differentials for high sulphur fuel oil (HSFO) held in discounts as of Wednesday, while residu...
BIMCO publishes ship financing forms to ensure uninterrupted use of ships
Categories: News Flash
Date: Feb 22, 2024
BIMCO has published two standard Quiet Enjoyment Letters (QELs), the first standard form QELs avail...
U.S. energy flows through Panama Canal rose slightly in January
Categories: News Flash
Date: Feb 22, 2024
U.S. liquefied petroleum gas (LPG) and ethane exports through the Panama Canal rose in January 2024...
Baltic index rises as Capesize, supramax segments post gains
Categories: News Flash
Date: Feb 22, 2024
The Baltic Exchange’s dry bulk sea freight index extended gains for a fourth straight session to ...
Rotterdam bunkers MOC sees first trade in a year on the uptick in activity.
Categories: News Flash
Date: Feb 21, 2024
An uptick in activity in the Platts European bunker Market on Close at the start of 2024 has result...
Baltic index edges up on gains in smaller vessels
Categories: News Flash
Date: Feb 21, 2024
The Baltic Exchange’s dry bulk sea freight index edged up to hit a one-month high on Tuesday, as ...
Asia Distillates-Gasoil premiums under downward pressure as offers dip
Categories: News Flash
Date: Feb 21, 2024
Spot premiums for gasoil fell on Tuesday on lower-priced offers, while market backwardation also we...
Middle East Crude-Murban premium hits month’s high on robust demand
Categories: News Flash
Date: Feb 21, 2024
Middle East crude benchmarks Oman and Dubai edged higher on Tuesday, while Murban’s premium touch...
MOL Magsaysay Maritime Academy in the Philippines Holds 1st Commencement Exercises Ceremony
Categories: News Flash
Date: Feb 21, 2024
Mitsui O.S.K. Lines, Ltd. (MOL; President & CEO: Takeshi Hashimoto) announced that MOL Magsaysa...
UK P&I Club announces strong results for 2024 renewals season; reinforcing platform for growth as maritime market demands evolve.
Categories: News Flash
Date: Feb 21, 2024
The UK P&I Club has announced the successful completion of the P&I renewal for 2024. The 20...
Asia Fuel Oil-VLSFO cash premium inches up, but bunker demand slows.
Categories: News Flash
Date: Feb 21, 2024
Asia’s cash premium for Very Low Sulphur Fuel Oil (VLSFO) edged up on Tuesday, though bunker prem...
NorthStandard posts strong renewal results one year on from the merger
Categories: News Flash
Date: Feb 21, 2024
NorthStandard confirms strong renewal results across the board, in its first year of operation. ...
Orca AI platform drives significant reduction in CO2 emissions and fuel spending across the 267-strong fleet in 2023
Categories: News Flash
Date: Feb 21, 2024
A comprehensive analysis by maritime technology company Orca AI shows that its market-leading autom...
CMA CGM says the ship transited the Red Sea under French naval escort.
Categories: News Flash
Date: Feb 21, 2024
French shipping and transport company CMA CGM said on Tuesday that its Jules Verne container ship t...
WAF-East VLCC rates hit eight-month high as tonnage supply remains limited
Categories: News Flash
Date: Feb 20, 2024
The West African Very Large Crude Carrier market has seen a major spike in rates since the start of...
Interocean Marine Services positions for a strong 2024 with new Leadership and Brand
Categories: News Flash
Date: Feb 20, 2024
Interocean Marine Services (Interocean), the specialist provider of support services to the offshor...