News Flash
Tototheo Global launches, expanding horizons beyond maritime
Categories: News Flash
Date: May 30, 2024
Tototheo Maritime, a group of companies at the forefront of maritime satellite communication technol...
Windward Launches Organization Defined Risk, Setting a New Standard of Risk Management with Automated, Configurable Parameters
Categories: News Flash
Date: May 30, 2024
Windward (LSE: WNWD), the leading Maritime AI company, announced today the launch of Organization De...
Asia Fuel Oil-Refining cracks steady, spot premiums dip on quiet trade
Categories: News Flash
Date: May 30, 2024
Refining cracks for fuel oil were steady in Asia on Wednesday, while spot cash premiums eased slight...
NAVTOR: Made To Measure Monitoring – How To Unlock The Performance You Want To Achieve
Categories: News Flash
Date: May 30, 2024
NAVTOR’s Tor Håkon Svanes introduces a customised approach to enhanced awareness, control and res...
Marflet Marine First Spanish Merchant Fleet Shipowner To Adopt Wind With Bound4blue Tanker Contract
Categories: News Flash
Date: May 29, 2024
Marflet Marine (Marflet), one of Spain’s longest standing private shipping companies, has signed a...
Latsco Marine Management Verifies EnviroMetrics Insight
Categories: News Flash
Date: May 29, 2024
Latsco Marine Management Inc. has successfully established a partnership with TUV Hellas (TUV NORD) ...
Gasum and Equinor have signed a continuation of long-term LNG bunkering agreement
Categories: News Flash
Date: May 29, 2024
Gasum and Norway-based global energy company Equinor have signed a long-term contract whereby Gasum ...
Asia Fuel Oil-Benchmarks inch up, though market eyes more HSFO supply in second half of June
Categories: News Flash
Date: May 29, 2024
Spot fuel oil benchmarks were slightly firmer on Tuesday, though the market eyed more high-sulphur s...
Baltic index hits near 1-month low on weaker vessel rates
Categories: News Flash
Date: May 29, 2024
The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commo...
DYNAMARINe ship to ship activities
Categories: News Flash
Date: May 28, 2024
DYNAMARINe held its pre-Posidonia event on 17th May 2024 where CEO, Alexandros Glykas announced rec...
NYK Bulkship (Asia) Commences First Shipment of Sustainable Aviation Fuel
Categories: News Flash
Date: May 28, 2024
On May 25, NYK Bulkship (Asia) Pte. Ltd. commenced its first shipment of Sustainable Aviation Fuel ...
A full week of AUV demonstrations for DIU and US Navy
Categories: News Flash
Date: May 28, 2024
KONGSBERG Discovery successfully completed in-water demonstrations of the HUGIN Autonomous Underwa...
EU approves law to hit gas imports with methane emissions limit
Categories: News Flash
Date: May 28, 2024
European Union countries approved a law on Monday to impose methane emissions limits on Europe’s ...
Iron ore dips as falling China demand, high shipments weigh
Categories: News Flash
Date: May 28, 2024
Iron ore futures prices slid on Monday after some investors and traders liquidated long positions t...
Asia Fuel Oil-VLSFO retains downside; bunker premiums at year-to-date lows
Categories: News Flash
Date: May 28, 2024
Asia’s Very Low Sulphur Fuel Oil (VLSFO) benchmarks inched lower on Monday, retaining downside ri...
European shipowners welcome Council call for a competitive maritime sector
Categories: News Flash
Date: May 28, 2024
Member States adopted last Friday Council conclusions calling for a maritime industrial strategy to...
Wind Propulsion Systems will be Installed on 7 Vessels Operated by MOL Dry bulk
Categories: News Flash
Date: May 28, 2024
Mitsui O.S.K. Lines, Ltd. and its group company MOL Dry bulk Ltd. yesterday announced their intent ...
India’s robust LNG imports are Asia’s standout, but higher prices may weigh
Categories: News Flash
Date: May 28, 2024
Asia’s imports of Liquefied Natural Gas (LNG) are displaying contrasting dynamics in May, with st...
LR awards Approval in Principle to Seaspan Corporation for Next Generation Feeder Ship Design
Categories: News Flash
Date: May 28, 2024
Lloyd’s Register (LR) has awarded Approval in Principle (AiP) to Seaspan Corporation for its inno...
US drillers cut oil and gas rigs for fourth time in five weeks – Baker Hughes
Categories: News Flash
Date: May 27, 2024
U.S. energy firms this week cut the number of oil and natural gas rigs operating for the fourth tim...
Asian spot LNG prices at five-month high on firm demand, geopolitical risks
Categories: News Flash
Date: May 27, 2024
Asian spot Liquefied Natural Gas (LNG) prices rose for the fourth straight week and hit its highest...
Port of Tanjung Pelepas inks deals for 11 ULCV capacity quay cranes
Categories: News Flash
Date: May 27, 2024
Port of Tanjung Pelepas SdnBhd (PTP), a joint venture between the MMC Group and APM Terminals in Ma...
Lakeway Link Partners with ScanOcean to Utilize Sustainable Marine Fuel, Enhancing Environmental Commitments
Categories: News Flash
Date: May 27, 2024
Lakeway Link AB, in its latest strategic move towards sustainable operations, has announced a signi...
Yemen’s Houthis say they launch attacks on 3 ships including one in Mediterranean
Categories: News Flash
Date: May 27, 2024
Yemen’s Houthis launched attacks on three ships in the Red Sea, Mediterranean Sea and Arabian Sea...
Singapore fuel oil stockpiles hit lowest in 5-1/2 years as supplies to Asia drop
Categories: News Flash
Date: May 27, 2024
Onshore fuel oil stockpiles at key storage hub Singapore plummeted to a 5-1/2-year low, latest data...
IMO condemns “illegal, unjustifiable” attacks on ships in Red Sea
Categories: News Flash
Date: May 27, 2024
Member States of the International Maritime Organization (IMO) – the UN agency that regulates glo...
Asia Fuel Oil-HSFO cracks log weekly climb, stockpiles draw lower at key hubs
Categories: News Flash
Date: May 27, 2024
Refining cracks for high sulphur fuel oil posted weekly gains as of Friday, as the market retained ...
Russia says secondary sanctions are hurting export revenues, oil payments
Categories: News Flash
Date: May 27, 2024
Expanded sanctions on Russia and enhanced pressure on countries that Moscow considers friendly are ...
Russia’s Novak says fuel export bans will be used again
Categories: News Flash
Date: May 27, 2024
Russia will use fuel export bans again as a way of regulating supply and demand, but for now the do...
Oil and gas contracts market sees 37% decline in value during Q1 2024, reveals GlobalData
Categories: News Flash
Date: May 24, 2024
The oil and gas contracts market faced turbulence, with a notable quarter-on-quarter (QoQ) decline ...
India, Egypt top destinations for Russian seaborne fuel oil, VGO exports in April, LSEG data shows
Categories: News Flash
Date: May 24, 2024
India and Egypt were the top destinations for Russian seaborne fuel oil and Vacuum Gasoil (VGO) exp...
Wärtsilä to convert two Scandlines ferries to plug-in hybrid operation
Categories: News Flash
Date: May 24, 2024
Technology group, Wärtsilä will supply the electrical systems needed to convert two Scandlines fe...