News Flash
Asia Fuel Oil-VLSFO rebounds on stronger bids for January cargoes
Categories: News Flash
Date: Dec 19, 2023
Asia’s very low sulphur fuel oil (VLSFO) cash premiums firmed on Monday, boosted by stronger bids...
Shipping stocks extend rally as Red Sea traffic paused
Categories: News Flash
Date: Dec 19, 2023
Shipping stocks kept rising across Europe on Monday after A.P. Moller-Maersk and other top freight ...
WinGD secures Bureau Veritas AiP for X-DF-A ammonia engine safety concept
Categories: News Flash
Date: Dec 15, 2023
Bureau Veritas has added its vote of confidence to Swiss marine power company WinGD’s ammonia fue...
InfraVia backed Molgas becomes Titan’s strategic partner, with a capital injection for a 45% stake.
Categories: News Flash
Date: Dec 15, 2023
Titan Energy Holding, the parent company of Titan Clean Fuels (hereafter Titan) closed a successful...
KPI Oceanconnect Delivers Biofuel Bunkering First For Fujairah
Categories: News Flash
Date: Dec 15, 2023
KPI OceanConnect, a leading global provider of marine energy solutions, today announced it has supp...
G20 GDP growth sees little change in the third quarter of 2023
Categories: News Flash
Date: Dec 15, 2023
Gross domestic product (GDP) in the G20 area grew by 0.7% quarter-on-quarter in the third quarter o...
Trade Up at Port of Long Beach in November
Categories: News Flash
Date: Dec 15, 2023
Shippers continued to reposition cargo back to West Coast seaports in November, lifting trade for a...
Wärtsilä’s market leading position in cargo handling solutions highlighted with contract for four new LPG carrier vessels
Categories: News Flash
Date: Dec 15, 2023
Technology group Wärtsilä will supply the cargo handling and fuel supply systems for four new 40,...
Singapore fuel oil inventories rebound to near three-month highs
Categories: News Flash
Date: Dec 15, 2023
Residual fuel oil inventories at key trading hub Singapore rebounded to nearly three-month highs as...
Erma First’s Shore Power Connector Blue Connect Receives Bureau Veritas Approval
Categories: News Flash
Date: Dec 15, 2023
Bureau Veritas (BV), a world leader in testing, inspection and certification, has granted an Approv...
Asia Fuel Oil-Spot market steady on quiet trade; Singapore stocks rise
Categories: News Flash
Date: Dec 15, 2023
Asia’s spot fuel oil market was little changed on Thursday amid scant trade, while onshore invent...
Baltic index extends losses on weaker vessel demand
Categories: News Flash
Date: Dec 15, 2023
The Baltic Exchange’s dry bulk sea freight index, tracking rates for ships carrying dry bulk comm...
Maritime tech firm targets industrial market after officially receiving King’s Award for Enterprise
Categories: News Flash
Date: Dec 14, 2023
An innovative Coventry company that uses ultrasound to help ships become more energy efficient is s...
Global Energy Group’s Stellar Shipmanagement takes delivery of Singapore’s first dedicated methanol bunkering tanker, classed by Bureau Veritas
Categories: News Flash
Date: Dec 14, 2023
Stellar Shipmanagement Services Pte Ltd, a wholly-owned subsidiary of Global Energy Group, has take...
LR awards Approval in Principle to NACKS for methanol-fuelled 81,000 DWT bulk carrier
Categories: News Flash
Date: Dec 14, 2023
Lloyd’s Register (LR) has awarded Approval in Principle to Nantong COSCO KHI Ship Engineering Co ...
NYK, JERA, and Resonac Start Joint Study on Supplying Ammonia as Fuel to Vessels Cooperating to achieve zero emissions.
Categories: News Flash
Date: Dec 14, 2023
On December 12, NYK, JERA Co., Inc. (hereinafter “JERA”), and Resonac Holdings Corporation (her...
Fuel tankers face long slog as Panama Canal drought reroutes flows.
Categories: News Flash
Date: Dec 14, 2023
Oil tanker Cururo is taking the long way from Houston to Chile: sailing the length of South America...
Accelleron welcomes its 100th customer for running hours based Turbo LifecycleCare service agreement
Categories: News Flash
Date: Dec 14, 2023
Accelleron welcomed the 100th customer for its running hours-based service agreement for four-strok...
“K” Line holds FY2023 Dry Bulk Global Meeting
Categories: News Flash
Date: Dec 14, 2023
Kawasaki Kisen Kaisha, Ltd. (“K” LINE) held a global meeting for the dry bulk business at the c...
IMO history book launched.
Categories: News Flash
Date: Dec 14, 2023
A book detailing the history of the International Maritime Organization (IMO) has been published to...
Asia Fuel Oil-Spot market range bound in single-digit premiums
Categories: News Flash
Date: Dec 14, 2023
The spot fuel oil market in Asia was range bound as of Wednesday amid a lack of fresh drivers, with...
Baltic index slips to 2-week low on weaker vessel demand.
Categories: News Flash
Date: Dec 14, 2023
The Baltic Exchange’s dry bulk sea freight index, tracking rates for ships carrying dry bulk comm...
WinGD partners with Alfa Laval to advance the development of ammonia-powered engines.
Categories: News Flash
Date: Dec 13, 2023
Alfa Laval and Swiss engine designer WinGD have established a partnership in which Alfa Laval will ...
ABB and Wallenius Marine opened the first OVERSEA Fleet Support Center to provide centralized services.
Categories: News Flash
Date: Dec 13, 2023
ABB and shipping company Wallenius Marine have opened the doors of the first OVERSEA Fleet Support ...
Wärtsilä hybrid propulsion solution selected for three new cargo vessels.
Categories: News Flash
Date: Dec 13, 2023
Technology group Wärtsilä will supply an integrated hybrid propulsion solution for three new self...
RightShip announces a tiered RightFLEET system to provide ship owners and managers with essential data for enhanced operations.
Categories: News Flash
Date: Dec 13, 2023
RightShip, a leading global environmental, social and governance (ESG) focused digital maritime pla...
Agreement to Develop Methanol Solution for MAN Four-Stroke Portfolio
Categories: News Flash
Date: Dec 13, 2023
MAN Energy Solutions has announced an agreement with Alfa Laval, the Swedish industrial concern, to...
X-Press Feeders plans to use green methanol for ships in Europe in Q2 2024
Categories: News Flash
Date: Dec 13, 2023
Singapore-based container shipper X-Press Feeders plans to use green methanol bunker to fuel part o...
Yemen’s Houthis claim attack on Norwegian tanker.
Categories: News Flash
Date: Dec 13, 2023
Yemen’s Houthis said on Tuesday they carried out a military operation against the Norwegian comme...
Lower vessel fair erodes Shipping Corp’s profit by 17%
Categories: News Flash
Date: Dec 13, 2023
The Bangladesh Shipping Corporation, a publicly listed state-owned shipping line, has reported a 17...
Asia Fuel Oil-VLSFO dips while HSFO steadies
Categories: News Flash
Date: Dec 13, 2023
The very low sulphur fuel oil market (VLSFO) in Asia softened on Tuesday as more arbitrage supplies...
Baltic index extends gain on strong capesize rates.
Categories: News Flash
Date: Dec 13, 2023
The Baltic Exchange’s dry bulk sea freight index, tracking rates for ships carrying dry bulk comm...