News Flash
ABB permanent magnet shaft generator technology to power 15 LNG carriers for Qatar Energy
Categories: News Flash
Date: Sep 12, 2024
ABB has won an order from Samsung Heavy Industries Co. Ltd. (SHI) to equip 15 liquified natural gas ...
LNG buyers flag US supply risks after export pause
Categories: News Flash
Date: Sep 12, 2024
Major buyers of liquefied natural gas (LNG) flagged risks of purchasing cargoes from the United Stat...
UK cracks down on illicit 'shadow fleet' transporting Russian oil globally
Categories: News Flash
Date: Sep 12, 2024
The UK has today (11 September) sanctioned to vessels operating as part of Putin's 'shadow fleet, in...
Asia Fuel Oil-HSFO spot premium hits over a year's high; KPC offers HSFO for October
Categories: News Flash
Date: Sep 12, 2024
Spot premium for 360-cst high sulphur fuel oil (HSFO) was at more than a year's high as of Wednesday...
All eyes on APPEC as crude tanker freight rates soften further
Categories: News Flash
Date: Sep 12, 2024
As APPEC kicks off there have been various reports and thought pieces expressing a doubtful tomorrow...
Baltic index gains as larger vessel rates rise
Categories: News Flash
Date: Sep 12, 2024
The Baltic Exchange's main sea freight index racking rates for ships carrying dry bulk commodities r...
Anemoi awarded DNV Type Approval for 5x35m Rotor Sail design
Categories: News Flash
Date: Sep 11, 2024
Wind-assisted propulsion systems developer Anemoi Marine Technologies has secured a Type Approval De...
Maritime leaders' confidence on the rise amidst increased geopolitical risk
Categories: News Flash
Date: Sep 11, 2024
Data from the ICS Barometer Report 2023-2024 – launched today – has demonstrated the positive im...
Asia Distillates-Jet fuel market bustling as traders' prompt purchases continue
Categories: News Flash
Date: Sep 11, 2024
Asia's middle distillates markets saw some upbeat market activity on the jet fuel front, though gaso...
Opsealog report advocates for data standardisation to accelerate the value delivered by maritime digitalisation
Categories: News Flash
Date: Sep 11, 2024
Opsealog, a provider of data integration and analysis services for the maritime and offshore industr...
Maersk and Hapag-Lloyd announce two ocean network options with equal industry-leading schedule reliability
Categories: News Flash
Date: Sep 11, 2024
In February 2025, Maersk A/S (Maersk), an entity under A.P. Moller – Maersk, and Hapag-Lloyd AG (H...
September Import Cargo to Remain Elevated Ahead of Possible Port Strike
Categories: News Flash
Date: Sep 11, 2024
The nation's major container ports are expected to see another busy month in September ahead of a po...
Secretary-General Stresses Safe Navigation for Seafarers Anchoring Crucial Shipping Industry ‘Must Not Be Compromised’, Marking World Maritime Day
Categories: News Flash
Date: Sep 11, 2024
Following is UN Secretary-General António Guterres’ message for World Maritime Day, observed on 2...
Emissions and fuel use slashed in SulNOx generator trial
Categories: News Flash
Date: Sep 11, 2024
SulNOx, the greentech innovation company helping industry reduce emissions, lower fuel costs and mee...
OceanScore calculates €175m potential costs for Greek shipping with FuelEU Maritime
Categories: News Flash
Date: Sep 11, 2024
Greek shipping companies are set to face a total bill of over €175m in penalties incurred under Fu...
Baltic index retreats as capesize rates dip
Categories: News Flash
Date: Sep 11, 2024
The Baltic Exchange's main sea freight index retreated on Tuesday after hitting its highest in nearl...
Greece to spend an additional 3.5 bln euros next year on wages, pensions
Categories: News Flash
Date: Sep 10, 2024
Greece will spend an additional 3.5 billion euros ($3.9 billion) next year on pension and wage hikes...
Oil demand worries and natural gas supply risks
Categories: News Flash
Date: Sep 10, 2024
Demand fears weigh on oil Oil prices saw a fair amount of volatility in August In fact, implied v...
Iron ore snaps six-day losing streak on hopes of China stimulus
Categories: News Flash
Date: Sep 10, 2024
Iron ore futures prices rose on Monday after six days of losses, as hopes of fresh stimulus from top...
Morgan Stanley cuts Brent crude price view as market signals demand softness
Categories: News Flash
Date: Sep 10, 2024
Morgan Stanley on Monday cut its Brent crude oil forecasts for coming quarters and said the global o...
Sanctioned tanker with Arctic LNG 2 cargo moving east along Northern Sea Route, data shows
Categories: News Flash
Date: Sep 10, 2024
A liquefied natural gas tanker sanctioned by the US has been moving east from the Arctic LNG 2 plant...
US LNG export dominance tested as Europe's demand wilts
Categories: News Flash
Date: Sep 10, 2024
The United States has remained the largest exporter of liquefied natural gas (LNG) so far in 2024. b...
Asia Fuel Oil-VLSFO holds strength for Sept dates, softens for October
Categories: News Flash
Date: Sep 10, 2024
Asia's very low sulphur fuel oil (VLSFO) market retained strength for September loading dates on Mon...
Rising Asian thermal coal imports driven by Japan, S.Korea
Categories: News Flash
Date: Sep 10, 2024
Asia's imports of seaborne thermal coal ticked up in August to the highest in eight months, but the ...
Experts in alternative fuels Stream Marine Technical selected to consult and advise on ammonia awareness training
Categories: News Flash
Date: Sep 10, 2024
Ammonia is fast becoming a potential alternative fuel for the future of green shipping but new fuels...
Baltic index hits near two-month peak on higher capesize rates
Categories: News Flash
Date: Sep 10, 2024
The Baltic Exchange's main sea freight index extended gains on Monday to touch its highest in close ...
Asia spot LNG prices down on muted demand, cooler weather
Categories: News Flash
Date: Sep 09, 2024
Asian spot liquefied natural gas (LNG) prices fell this week on signals of weak economic growth in C...
US LNG exports to Latin America and the Caribbean increase slightly in August
Categories: News Flash
Date: Sep 09, 2024
US LNG exports to Latin America and the Caribbean in August rose by only 7% from the previous month,...
Venezuela's oil exports climb to four-year high in August
Categories: News Flash
Date: Sep 09, 2024
Venezuela's August oil exports hit their highest in more than four years, according to shipping data...
India's largest deep-water port: How will Maharashtra's Vadhvan Port revolutionise trade?
Categories: News Flash
Date: Sep 09, 2024
Prime Minister Narendra Modi laid the foundation stone for India's largest deep-water port, Vadhvan ...
International Windship Association releases Small Vessel Wind Propulsion publication
Categories: News Flash
Date: Sep 09, 2024
Although the small windship trade that has been operating for thousands of years has never stopped, ...
A Captain's view: running our new methanol- capable vessels
Categories: News Flash
Date: Sep 09, 2024
After nearly four decades at sea, what made you want to be part of the crew sailing the new vessels?...