News Flash
LNG bunker vessel, Alice Cosulich sets sail for Europe from Qidong, China
Categories: News Flash
Date: Nov 08, 2023
LNG bunker vessel, Alice Cosulich has set sail for Europe from Qidong, China. The Fratelli Cosulich...
First Marine Vehicle Classed Using ABS Autonomous Guide
Categories: News Flash
Date: Nov 08, 2023
The Saildrone Voyager, a 10-meter commercial uncrewed surface vehicle (USV), is the first autonomou...
Asia Fuel Oil-Spot market slips; market structure weakens slightly
Categories: News Flash
Date: Nov 08, 2023
Asia’s spot fuel oil market eased on Tuesday as cash differentials slipped across key grades, aft...
Asian seaborne thermal coal demand picking up, but prices stay soft
Categories: News Flash
Date: Nov 07, 2023
Demand for seaborne thermal coal in Asia is starting to pick up ahead of peak winter consumption, b...
Seabird Technologies Partners with Seabed 2030 to Promote Ocean Sustainability
Categories: News Flash
Date: Nov 07, 2023
The Nippon Foundation-GEBCO Seabed 2030 Project and Seabird Technologies have announced a new partn...
Maritime Charities Group Commissions New Research On Seafarer Demographics
Categories: News Flash
Date: Nov 07, 2023
The Maritime Charities Group is commissioning new research on the size and demographic profile of t...
Remembering The Legacy of Capt. Antonio Cosulich, Former Chairman of Fratelli Cosulich Group
Categories: News Flash
Date: Nov 07, 2023
It is with profound sorrow that we announce the passing of Capt. Antonio Cosulich, the former Chair...
China’s domination of the MPV orderbook presents a supply-side risk.
Categories: News Flash
Date: Nov 07, 2023
The multipurpose vessel (MPV) orderbook to date is dominated by China, both in number of vessels an...
Kongsberg Digital Selected by Svitzer Australia to Deliver World-Class Simulation Capability
Categories: News Flash
Date: Nov 07, 2023
Global leader in sustainable marine services, Svitzer, has selected Kongsberg Digital to deliver st...
Wärtsilä plans to simplify its organisation and reporting structure, Marine Systems to be discontinued as a reporting segment.
Categories: News Flash
Date: Nov 07, 2023
Wärtsilä plans to further streamline its marine business portfolio by divesting its Gas Solutions...
Asia Fuel Oil-VLSFO premium pares gains even as backwardation holds.
Categories: News Flash
Date: Nov 07, 2023
The cash premium for very low sulphur fuel oil (VLSFO) in Asia eased on Monday after hitting a year...
Shipping Corp Consolidated September 2023 Net Sales at Rs 1,093.20 crore, down 23.04% Y-o-Y
Categories: News Flash
Date: Nov 07, 2023
Net Sales at Rs 1,093.20 crore in September 2023 down 23.04% from Rs. 1,420.40 crore in September 2...
Baltic index rises on strong capesize rates.
Categories: News Flash
Date: Nov 07, 2023
The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodit...
LNGC orders to rise; revenue to grow
Categories: News Flash
Date: Nov 06, 2023
Combined new orders for the three major domestic shipbuilders in 2023 are expected to exceed guidan...
Long Beach-Federal Collaboration Improves Navigation
Categories: News Flash
Date: Nov 06, 2023
Imagine driving your car down a narrow road that you cannot see and your tires cannot touch. The ro...
Tanker Market: The VLCC Market Keeps on Rising
Categories: News Flash
Date: Nov 06, 2023
Clean LR2 LR’s in the MEG have taken a heavy re-correction down this week in terms of freig...
Data governance – the backbone of successful data management
Categories: News Flash
Date: Nov 06, 2023
We are now living in a new transformational era driven by big data, cloud services and AI. Even in ...
Russia’s October seaborne diesel exports fall on ban, maintenance
Categories: News Flash
Date: Nov 06, 2023
This content was produced in Russia where the law restricts coverage of Russian military operations...
China steel association says EU carbon tax a new trade barrier, calls for more talks
Categories: News Flash
Date: Nov 06, 2023
The Carbon Border Adjustment Mechanism (CBAM) proposed by the European Union creates a new trade ba...
US drillers cut oil and gas rigs to lowest since Feb 2022- Baker Hughes
Categories: News Flash
Date: Nov 06, 2023
U.S. energy firms this week cut the number of oil and natural gas rigs operating to their lowest si...
Columbia Shipmanagement strengthens presence north of Med with CSM Northern Europe
Categories: News Flash
Date: Nov 06, 2023
Columbia Shipmanagement (CSM), member of the Columbia Group, is strengthening its presence in North...
Asia spot LNG prices fall amid full inventories, mild weather
Categories: News Flash
Date: Nov 06, 2023
Asian spot liquefied natural gas (LNG) prices fell this week but remained at a near nine-month high...
Atlantic iron ore FOB pricing sees wider Vale formula premium in October
Categories: News Flash
Date: Nov 06, 2023
Atlantic Basin iron ore contracts with long-term freight formulas, such as those with fixed freight...
Asia Fuel Oil-VLSFO steadies after latest rally, timespreads cool
Categories: News Flash
Date: Nov 03, 2023
Asia’s very low sulphur fuel oil (VLSFO) steadied on Thursday following a recent spike, while bac...
Weaker vessel demand pushes Baltic index to over 1-month low
Categories: News Flash
Date: Nov 03, 2023
The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodit...
NORDEN reports net profit of USD 99 million in Q3 2023 and continues to return cash to shareholders
Categories: News Flash
Date: Nov 03, 2023
For Q3 2023, NORDEN reports a profit of USD 99 million (approx. DKK 700 million). For the first nin...
EU sanctions on Russia’s coal increase U.S. coal exports to Europe
Categories: News Flash
Date: Nov 03, 2023
U.S. coal exports increased by 5.7 million short tons (MMst) in the 12 months after EU sanctions on...
Euro zone factory downturn deepened in October -PMI
Categories: News Flash
Date: Nov 03, 2023
Euro zone manufacturing activity took a further step back last month in a broad-based downturn, acc...
Chevron in talks on 15-year LNG supply contracts into Europe
Categories: News Flash
Date: Nov 03, 2023
Chevron (NYSE:) is negotiating contracts to supply liquefied (LNG) into Europe for up to 15 years a...
ENGINE: Americas Bunker Fuel Availability Outlook
Categories: News Flash
Date: Nov 03, 2023
North AmericaAvailability of VLSFO and LSMGO grades in Houston has been good so far this week. Seve...
Maersk Supply Service Selects Inmarsat Fleet Data End-User Api To Enhance Performance Of Battery-Optimised Vessel
Categories: News Flash
Date: Nov 03, 2023
Maersk Supply Service has selected Fleet Data IoT platform from Inmarsat Maritime, a Viasat busines...
Asia Distillates-Cracks rise for 3rd session on gains in West despite thin trade
Categories: News Flash
Date: Nov 03, 2023
Asia’s middle distillates markets were supported for a third consecutive session by stronger perf...