On December 11, Nippon Yusen Kabushiki Kaisha (“NYK”) and ENEOS Corporation (“ENEOS”) signed an Agreement regarding the sale and purchase of marine fuel with carbon dioxide removal credits (“CDR credits”) created through Direct Air Capture with Carbon Storage...

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One of the biggest challenges as we head into 2025 will be attracting young people to the industry and meeting their needs as alternative lifestyles rise in popularity, says leading maritime catering company MCTC. The company plays a leading role in the health and...

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Global top 10 marine fuels supplier, Monjasa, introduces the UAE’s first dedicated LNG Bunker Vessel (LBV), Green Zeebrugge (5,000 cubic metres), as a response to an increasing alternative fuels demand. Monjasa’s move into LNG bunkering comes at a time where recent...

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Guy Hindley has been appointed as the new Chairman of the Baltic Exchange Council, with effect from 1 January 2025, following the leadership of Lord Jeffrey Mountevans who has held the position for the past two years. Guy Hindley, who has served on the Baltic Exchange...

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At a special meeting of the board, held on-line, the International Chamber of Shipping (ICS) have unanimously appointed Thomas A. Kazakos as its next Secretary General. Kazakos will replace Guy Platten who will be stepping down in June 2025. Kazakos has been the...

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Asia’s fuel oil premiums and refining margins will be capped by ample supply in early 2025, but cleaner shipping fuel mandates in Europe and potential changes in Russian and Iranian oil flows under the incoming Trump administration could jolt markets. Here are key...

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