News Flash
Erik Thun puts Dynamic Drive from Berg Propulsion at the heart of fuel efficiency gains.
Categories: News Flash
Date: Dec 12, 2023
Erik Thun Group has selected Berg Propulsion’s Dynamic Drive technology to optimize efficiency on...
Shippers avoiding Red Sea transits after attacks, watching Suez Canal traffic.
Categories: News Flash
Date: Dec 12, 2023
Shippers are diverting from transiting through the Middle East and watching for any sign of increas...
ITIC suggests EU ETS will cost the shipping industry billions.
Categories: News Flash
Date: Dec 12, 2023
International Transport Intermediaries Club (ITIC) has forecasted that the cost of the European Uni...
Clarksons: Car Carrier Market At Record Highs
Categories: News Flash
Date: Dec 12, 2023
Car Carrier Trade & Transport 2023, the comprehensive annual review and outlook for the car car...
MISC’s LNG segment outlook to remain positive in 2H24, says RHB Research
Categories: News Flash
Date: Dec 12, 2023
MISC Bhd’s liquefied natural gas (LNG) outlook remains positive, and the company believes that cl...
Safety is a Catalyst for Decarbonization Innovation, ABS Chairman and CEO Tells COP28
Categories: News Flash
Date: Dec 12, 2023
“Safety is not merely a box to check but a dynamic force shaping the trajectory of our industry. ...
Wärtsilä to extend existing biogas plant to produce 45 tons of bio LNG per day.
Categories: News Flash
Date: Dec 12, 2023
Technology group Wärtsilä will supply, install, commission and start-up the biogas upgrading and ...
Asia Fuel Oil-HSFO cash differential fluctuates in volatile trade.
Categories: News Flash
Date: Dec 12, 2023
Asia’s cash differential for 380-cst high sulphur fuel oil (HSFO) has been teetering between disc...
Baltic index snaps 4-day losing streak on firm capesize rates.
Categories: News Flash
Date: Dec 12, 2023
The Baltic Exchange’s dry bulk sea freight index, tracking rates for ships carrying dry bulk comm...
Keppel partners AM Green to explore biogenic carbon-based sustainable fuels opportunities in Asia and the Middle East
Categories: News Flash
Date: Dec 12, 2023
Keppel Corporation Limited (Keppel), through its Infrastructure Division, and AM Green, which is wh...
China’s economy has a ‘steep hill to climb’ despite positive export surprise, HSBC says
Categories: News Flash
Date: Dec 11, 2023
The Chinese economy still has a “steep hill to climb” despite a surprise pickup in exports and ...
US drillers add oil and gas rigs for fourth week in a row – Baker Hughes
Categories: News Flash
Date: Dec 11, 2023
U.S. energy firms this week added oil and natural gas rigs for a fourth week in a row for the first...
US wage growth, once an inflation risk, may now be the prop a soft landing needs
Categories: News Flash
Date: Dec 11, 2023
Federal Reserve officials will look at new wage data due out Friday to confirm what many have come ...
Asia spot LNG prices fall on continued muted demand
Categories: News Flash
Date: Dec 11, 2023
Asian spot liquefied natural gas (LNG) prices slightly fell this week on continued lack of interest...
Comfortable European gas market
Categories: News Flash
Date: Dec 11, 2023
European storage at record levelsThe European gas market couldn’t have entered the 2023/24 heatin...
APM Terminals and DP World launch Zero Emission Port Alliance at COP28
Categories: News Flash
Date: Dec 11, 2023
APM Terminals and DP World today announce the formation of the Zero Emission Port Alliance (ZEPA), ...
India turns to coal as hydro generation falls
Categories: News Flash
Date: Dec 11, 2023
India produced a record amount of electricity from coal in October to make up for a shortfall in hy...
Singapore’s PIL and DP World to decarbonize shipping with biofuel shipments
Categories: News Flash
Date: Dec 11, 2023
Singapore shipping company Pacific International Lines (PIL) and Dubai-based port operator DP World...
China Shipping Turns Green: Chinese shipbuilders adopt green tech for orders
Categories: News Flash
Date: Dec 11, 2023
The International Maritime Organization has set a goal for net-zero emissions in the shipping indus...
Shipping seeks safe waters in era of deadly geopolitics
Categories: News Flash
Date: Dec 11, 2023
As tankers, car-carriers and other merchant vessels pass through the Malacca Strait, unlit fishing ...
Baltic index extends losses on lower vessel demand
Categories: News Flash
Date: Dec 08, 2023
The Baltic Exchange’s dry bulk sea freight index, tracking rates for ships carrying dry bulk comm...
Hayfin to acquire up to $1bn of shipping assets through Maritime Yield strategy, building on longstanding sector track record
Categories: News Flash
Date: Dec 08, 2023
Hayfin Capital Management (“Hayfin”), a leading alternative credit platform, today announces th...
China’s Nov iron ore imports stay at elevated level on improving margins
Categories: News Flash
Date: Dec 08, 2023
China’s iron ore imports in November climbed 3.4% from October, customs data showed on Thursday, ...
LNG freight rates from US Gulf Coast to NWE, Asia weaken as demand lags
Categories: News Flash
Date: Dec 08, 2023
Freight rates to ship LNG from the US Gulf Coast region to both Northwest Europe and Asia have cool...
Asia Fuel Oil-VLSFO cash premium hits 10-week low, timespreads narrow
Categories: News Flash
Date: Dec 08, 2023
Asia’s cash premium 0.5% very low sulphur fuel oil (VLSFO) fell to a 10-week low on Thursday, whi...
UN ship agency adopts tougher resolution to tackle illicit ‘shadow’ fleet
Categories: News Flash
Date: Dec 08, 2023
The United Nations’ shipping agency on Wednesday adopted a resolution targeting illicit shipping ...
Maersk to deploy first large methanol-enabled vessel on Asia – Europe trade lane
Categories: News Flash
Date: Dec 08, 2023
A.P. Moller – Maersk (Maersk) is about to launch the first of its 18 large methanol-enabled vesse...
New Green Shipping Challenge Announcements at COP28: Leading the Global Energy Transition
Categories: News Flash
Date: Dec 08, 2023
Greenhouse gas emissions from the shipping sector are significant and rising. On their current traj...
Lloyd’s Register unifies its digital offering with LR OneOcean
Categories: News Flash
Date: Dec 08, 2023
Lloyd’s Register has merged its existing digital platforms under its new OneOceanLR brand, which ...
Asia Distillates-Markets record further term negotiations, more spot activity to emerge
Categories: News Flash
Date: Dec 08, 2023
Asia’s middle distillates markets recorded more term negotiations as some buyers sought first-hal...
Weaker vessel rates push Baltic index lower
Categories: News Flash
Date: Dec 07, 2023
The Baltic Exchange’s dry bulk sea freight index, tracking rates for ships carrying dry bulk comm...
Methanol Engine Secures Bulker Orders
Categories: News Flash
Date: Dec 07, 2023
Japan’s Tsuneishi Shipbuilding Co., Ltd. has ordered 3 × MAN B&W 7G50ME-C9.6-LGIM (-Liquid G...