Spot fuel oil benchmarks eased on Tuesday as ample incoming supplies weighed on sentiment. Singapore’s cash premium for very low sulphur fuel oil (VLSFO) continued to fall after hitting a six-week low, with the product trading softer at $5 a metric ton for December...

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EuroDry Ltd., an owner and operator of drybulk vessels and provider of seaborne transportation for drybulk cargoes, announced today its results for the three and nine-month periods ended September 30, 2024. Total net revenues for the quarter of $14.7 million. Net loss...

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Green shipping corridors – specific trade routes where the feasibility of zero-emission shipping is catalysed by public and private action – have rapidly expanded in popularity worldwide, but progress could stall without urgent action from governments to overcome a...

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The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, fell for a second straight session on Tuesday, pressured by weak demand across all vessel segments. The index, which factors in rates for capesize, panamax...

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The Korea Institute of Machinery & Materials (KIMM) has successfully developed an advanced automated mooring system aimed at enhancing the safety and efficiency of docking operations for autonomous vessels. Designed to overcome the limitations of conventional...

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A qualitative survey of shipowners conducted by design and engineering consultancy, Houlder, has highlighted that uncertainty is perceived by shipowners as hindering shipping’s energy transition. Many ship owners recognised an ‘uncertainty dilemma’ – where...

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