News Flash
DRY BULK QUARTERLY: Tonnage oversupply, tepid demand stall Atlantic Panamax market
Categories: News Flash
Date: Oct 11, 2024
The Platts KMAX 9 Index, which tracks the earnings of Kamsarmax class bulk carriers, collapsed to be...
Asian refiners expect slower oil price decline as Middle East tensions aid hedging, stockpile valuations
Categories: News Flash
Date: Oct 11, 2024
Asian refiners generally expect oil prices to continue their downtrend for the remainder of the ye...
Thailand's Gulf Energy evaluates LNG term deal at JKM minus 20-30 cents/MMBtu
Categories: News Flash
Date: Oct 11, 2024
Thailand's Gulf Energy is evaluating an LNG contract for seven cargoes per year for 2025-2026 that i...
UK launches effort for first new long-duration energy storage in 40 years
Categories: News Flash
Date: Oct 11, 2024
The UK government will introduce a cap-and-floor support program to spur the build-out of new long-d...
Ship in Red Sea damaged by unknown projectile, UKMTO reports
Categories: News Flash
Date: Oct 11, 2024
A ship in the Red Sea near Eritrea was damaged after being hit on Oct. 10 by an unknown projectile...
Heidelberg Materials set to launch decarbonization project in Italy
Categories: News Flash
Date: Oct 11, 2024
Building materials and solutions company Heidelberg Materials has initiated a feasibility study for ...
REOPENING OF THE MANDATORY PUBLIC TAKEOVER BID ON CMB.TECH
Categories: News Flash
Date: Oct 10, 2024
CMB.TECH NV (NYSE: CMBT & Euronext: CMBT) (“CMB.TECH” or the “Company”) has been informe...
BROAD GAINS IN CLEAN AIR PROGRESS AT PORT OF LOS ANGELES
Categories: News Flash
Date: Oct 10, 2024
New inventory shows emissions at their lowest since 2005 Air pollution from operations at the Por...
Successful pilot with moveable shore power for sea-going vessels
Categories: News Flash
Date: Oct 10, 2024
In recent months, a pilot with moveable battery containers with shore power has taken place at the S...
GEODIS reaffirms its commitment to environmental protection by signing a Climate and Environment Policy
Categories: News Flash
Date: Oct 10, 2024
The Group is fully aware that environmental protection is essential to ensure the sustainability of ...
MSC's Commitment to Preventing Pollution from Plastic Pellets
Categories: News Flash
Date: Oct 10, 2024
A growing concern for marine, coastal and land-based ecosystems is the abundance of microplastics in...
DN Reports that: Energy related emissions will peak in 2024
Categories: News Flash
Date: Oct 10, 2024
2024 will go down as the year of peak energy emissions*, according to DNV’s Energy Transition Outl...
Fincantieri: Vard to build one tailor-made Commissioning Service Operation Vessel for Navigare Capital Partners
Categories: News Flash
Date: Oct 10, 2024
Vard, Norwegian subsidiary of the Fincantieri Group and one of the major global designers and shipbu...
Rijeka Gateway to be fully powered by renewable electricity
Categories: News Flash
Date: Oct 10, 2024
Rijeka Gateway, the largest project in the logistics sector in Croatia, has secured electricity from...
GTT Receives Multiple Approvals in Principle (AiPs) from Bureau Veritas for Advanced LNG Fuel Tank Systems and Innovative 200k LNG Carrier Design
Categories: News Flash
Date: Oct 10, 2024
GTT (Gaztransport & Technigaz) has been awarded three Approvals in Principle (AiPs) from Bure...
Winners of first EU-wide renewable hydrogen auction sign grant agreements, paving the way for new European production
Categories: News Flash
Date: Oct 10, 2024
7 European projects were selected for EU financial support in the Innovation Fund’s pilot hydrogen...
Fleet Management Limited Appoints Chief Executive Officer
Categories: News Flash
Date: Oct 09, 2024
Fleet Management Limited (“Fleet” or the “Company”), a part of The Caravel Group Limited (...
Stödig Ship Management adopts Kaiko Systems for SIRE 2.0 readiness across tanker fleet
Categories: News Flash
Date: Oct 09, 2024
Norwegian-based Stödig Ship Management implements Kaiko Systems’ SIRE 2.0 product to empower crew...
Ports restrict navigation, some oil facilities shut as Milton approaches Florida
Categories: News Flash
Date: Oct 09, 2024
At least one oil and gas platform in the U.S. Gulf of Mexico was shut on Monday and Florida ports im...
Turkey, Brazil are main buyers of Russian seaborne diesel after EU embargo
Categories: News Flash
Date: Oct 09, 2024
Turkey and Brazil have been the main importers of Russian seaborne diesel and gasoil since the Europ...
Hong Kong Chamber of Shipping launched to boost Hong Kong’s status as int’l shipping hub
Categories: News Flash
Date: Oct 09, 2024
The Hong Kong Chamber of Shipping was officially established on Monday with an aim to shore up Hong ...
US LNG exports dip in September on plant maintenance
Categories: News Flash
Date: Oct 09, 2024
U.S. exports of liquefied natural gas fell slightly in September as plant maintenance trimmed output...
Asia Fuel Oil-VLSFO rebounds on firmer trading activity
Categories: News Flash
Date: Oct 09, 2024
Spot premium for very low sulphur fuel oil (VLSFO) rebounded on Tuesday after hitting seven-week low...
Lloyd’s Register and Metcore link up for Mass Flow Meter certification
Categories: News Flash
Date: Oct 09, 2024
Lloyd’s Register (LR) and measurement solution specialist Metcore have launched an independent acc...
Japan’s MOL set to boost LNG carrier fleet to around 150 by 2030: CEO
Categories: News Flash
Date: Oct 09, 2024
Mitsui O.S.K. Lines, or MOL, the world’s largest operator of LNG carriers, expects to expand inves...
LNG-fuelled vessels accelerate to 6% of the global fleet
Categories: News Flash
Date: Oct 09, 2024
Industry coalition SEA-LNG reports that active LNG-fuelled vessels now account for more than 2% of t...
Baltic index falls over one-month low on weak capesize rates
Categories: News Flash
Date: Oct 09, 2024
The Baltic Exchange’s main sea freight index .BADI declined to a more than one-month low on Tuesda...
Satellite imagery shows Iranian oil tankers at country’s major terminal disappearing amid fears of Israeli counterattack
Categories: News Flash
Date: Oct 08, 2024
Satellite imagery revealed a number of oil tankers vacating the waters around Iran’s key Kharg Isl...
Marine businesses will gain a share of £14m in Scottish government support.
Categories: News Flash
Date: Oct 08, 2024
Seven isles-based projects will benefit from the investment – including a Scalloway fisher who wil...
Korean Industry Feels Pressure as China Dominates Container Ship Market
Categories: News Flash
Date: Oct 08, 2024
The three major Korean shipbuilders—HD Korea Shipbuilding & Offshore Engineering, Samsung Heav...
Marine Corps’ unmanned ‘narco-boat’ heads to Okinawa for Indo-Pacific trial
Categories: News Flash
Date: Oct 08, 2024
The Marine Corps will soon deploy an unmanned, semisubmersible watercraft designed to move supplies ...
USAID launches regional programme to promote marine biodiversity
Categories: News Flash
Date: Oct 08, 2024
The United States Agency for International Development (USAID) last week launched the USAID Caribbea...