News Flash
Seafarers Happiness Index reveals uptick in Seafarer Wellbeing in Q1 2024
Categories: News Flash
Date: May 01, 2024
The findings of the latest Seafarers Happiness Index report by the Mission to Seafarers show a posi...
Kongsberg: 26 per cent growth and EBIT of NOK 1.46 billion in the First Quarter
Categories: News Flash
Date: May 01, 2024
We’ve achieved a quarter of growth and strong results. Our key performance indicators have progre...
Asia Fuel Oil-Spot 180-cst HSFO market jumps on firmer trade
Categories: News Flash
Date: May 01, 2024
Asia’s spot market for 180-cst high sulphur fuel oil (HSFO) firmed on Tuesday as a stronger bid e...
Time for “Fit for 55” implementation
Categories: News Flash
Date: May 01, 2024
On April 8th, 2024, FEPORT Secretary General and 27 high-level representatives of different parts o...
ESG provides a roadmap for dry bulk shipping says INTERCARGO as it publishes first ESG Review
Categories: News Flash
Date: May 01, 2024
The evolving Environmental, Social, and Governance (ESG) agenda is not merely a prerequisite for op...
Baltic index steady as gains in capesize offset lower rates for smaller vessels
Categories: News Flash
Date: May 01, 2024
The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodit...
LNG selling interest paused as sellers await bids from competitive demand hubs
Categories: News Flash
Date: Apr 30, 2024
Aggressive European bids have been met with scarce selling interest as sellers in the global LNG ma...
Why the electric freight and sustainable shipping sector is turning to the Middle East
Categories: News Flash
Date: Apr 30, 2024
Sustainable shipping and autonomous electric freight technology has been underestimated in terms of...
BHP: As the steel technology transition accelerates, met coal’s biggest exporter wants to get even bigger
Categories: News Flash
Date: Apr 30, 2024
BHP’s US$40 billion takeover bid for Anglo American is mainly about copper. However, a successful...
DeepSea Technologies and G2 Ocean roll out groundbreaking AI voyage optimisation tool that does not require hardware installation
Categories: News Flash
Date: Apr 30, 2024
DeepSea Technologies, the award-winning Al-led maritime technology company and energy efficiency ex...
Shipping analyst: Red Sea crisis is preventing a freight rate and liner profit collapse
Categories: News Flash
Date: Apr 30, 2024
The longevity of the Red Sea crisis holds the key to global freight rate levels and the fortunes of...
Cyprus Shipping Chamber applauds adoption of net-zero act
Categories: News Flash
Date: Apr 30, 2024
The Cyprus Shipping Chamber (CSC) recently announced that it welcomed the adoption of the Net-Zero ...
OQ AND SEA-LNG Members Totalenergies And Sohar Port To Bunker LNG In Oman
Categories: News Flash
Date: Apr 30, 2024
Patrick Pouyanné, Chairman and CEO of TotalEnergies, a SEA-LNG Member, and Mr. Mulham Basheer Al J...
Baltic index slips for 6th day on weaker vessel rates
Categories: News Flash
Date: Apr 30, 2024
The Baltic Exchange’s dry bulk sea freight index fell on Monday, hurt by weaker demand across all...
Belships ASA: Change in ownership of Lighthouse Navigation
Categories: News Flash
Date: Apr 30, 2024
Belships has entered into an agreement to divest its stake of 50 per cent in Lighthouse Navigation ...
Diana Shipping Inc. Announces Time Charter Contract for m/v Leto With ASL
Categories: News Flash
Date: Apr 30, 2024
Diana Shipping Inc., a global shipping company specializing in the ownership and bareboat charter-i...
India receives oil cargo in Russian SCF tanker after brief halt, sources say
Categories: News Flash
Date: Apr 29, 2024
A ship controlled by U.S.-sanctioned Russian shipping giant Sovcomflot (SCF) discharged fuel oil at...
End of the oil supercycle?
Categories: News Flash
Date: Apr 29, 2024
The International Energy Agency’s (IEA) latest Oil Market Report paints a surprising picture for ...
Emergencies at Sea – Survive where others die
Categories: News Flash
Date: Apr 29, 2024
Groundbreaking leadership books strengthens maritime leaders’ abilities to handle acute critical ...
Port Houston Awarded Nearly $27 Million For Clean Truck Program
Categories: News Flash
Date: Apr 29, 2024
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BHP considering improved proposal for Anglo American after bid rejected, source says
Categories: News Flash
Date: Apr 29, 2024
BHP Group is considering making an improved offer for Anglo American after its $39 billion initial ...
South Korea pays less for US crude than Saudi Arabian barrels for 2nd straight month
Categories: News Flash
Date: Apr 29, 2024
South Korea reduced imports of Saudi Arabian crude and boosted shipments of US cargoes for the seco...
The Carbon Impact Curve: Unpacking the Energy Transition’s Complexity
Categories: News Flash
Date: Apr 29, 2024
The early days of the energy transition held a comforting promise. Replacing fossil-fuel generation...
Iran says crew of Israel-linked ship to be released
Categories: News Flash
Date: Apr 29, 2024
Iran’s foreign minister said the crew of a seized Portuguese-flagged ship linked to Israel have b...
Wartsila says shipowners need to decarbonize at ‘right speed’
Categories: News Flash
Date: Apr 29, 2024
Shipping companies should decarbonize their operations at “the right speed” to reduce the finan...
Global LNG freight rates stable despite recent vessel availability fluctuation
Categories: News Flash
Date: Apr 29, 2024
Global LNG freight rates have remained steady throughout this year, despite the number of LNG vesse...
Damen launches pilot project for circular shipbreaking
Categories: News Flash
Date: Apr 24, 2024
Damen Shipyards Group is launching a pilot project in which a small tug will be dismantled at Damen...
Pantheon Tankers Management and Alpha Gas adopt RINA’s SERTICA digital logbooks
Categories: News Flash
Date: Apr 24, 2024
Pantheon Tankers Management and Alpha Gas will install RINA’s SERTICA digital logbooks to ensure ...
WinGD to debut short-stroke engine design after successful shop test
Categories: News Flash
Date: Apr 24, 2024
Swiss marine power company WinGD will record the first installation of its new X-S short-stroke eng...
ICS Publications releases fifth edition of ‘Shipping and the Environment: A Guide to Environmental Compliance’
Categories: News Flash
Date: Apr 24, 2024
International Chamber of Shipping (ICS) Publications announces the launch of the fifth edition of ...
BW LPG Limited – Approval of listing on the New York Stock Exchange
Categories: News Flash
Date: Apr 24, 2024
Reference is made to the announcements made by BW LPG Limited (“BW LPG” or the “Company”) o...
Asia Fuel Oil-VLSFO cash premium steadies though backwardation widens
Categories: News Flash
Date: Apr 24, 2024
The cash premium for very low sulphur fuel oil (VLSFO) steadied on Tuesday after softening a day ea...