Fuel oil benchmarks climbed in Asia on Thursday, with spot cargo bids trending higher for November and backwardation firming despite inventory builds at key trading hub Singapore. The cash premium for 380-cst high sulphur fuel oil (HSFO) traded up at $11 a metric ton,...

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The recent marine decarbonization agreement between Pinnacle Marine and Singapore’s maritime research center is crucial to achieving net-zero goals, industry sources told S&P Global Commodity Insights Oct. 23, but significant technical and infrastructure...

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The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, dropped on Thursday, dragged down by losses across all vessels. The index, which factors in rates for capesize, panamax and supramax shipping vessels, shed 28...

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Carbon Ridge, Inc., a leading developer of modular onboard carbon capture & storage solutions for decarbonizing the maritime shipping industry, today announced it has raised $9.5M in funding, bringing the company’s total funding to date to $15.5M. The round was...

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A satellite developed by the UK business Horizon Technologies has successfully completed its Critical Design Review (CDR), and is on schedule for launch in mid-2025, the UK Space Agency announced today. The Amber-2 Maritime Domain Awareness (MDA) Satellite will play a...

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The Marine Environment Protection Committee’s 82nd meeting (MEPC 82), held shortly after the implementation of the D-2 standard on 8 September 2024, marked a pivotal moment for ballast water management systems (BWMS). A Riviera webinar, Post-MEPC 82 (October 2024)...

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