News Flash

River Rhine in South Germany remains closed to shipping after rain

Parts of the river Rhine in South Germany were still closed to cargo shipping on Wednesday after heavy rain in...
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Asia Fuel Oil-HSFO rally pares, cracks retreat from recent highs

Asia’s High Sulphur Fuel Oil (HSFO) market eased on Wednesday, paring back from a recent rally that sent refining cracks...
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PPG announces partnership with RightShip

PPG yesterday announced a collaboration with RightShip, a digital maritime sustainability platform, as part of Rightship’s Zero Harm Innovation Partners...
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Capital Gas, Erma First & Babcock Collaborate On Carbon-Fit CCS System For The World’s Largest LCO2 Carriers

Capital Gas, Erma First and Babcock signed a Letter of Intent (LoI) to install a pioneering Carbon Capture and Storage...
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Baltic index hits three-week high on higher vessel rates

The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commodities, extended its gain on...
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KR and HD Hyundai Sign Business Agreement for Pilot Project of Cloud-based Next-Generation Smart Ship Solution

KR has signed an MoU with HD Hyundai to collaborate on the pilot project of a cloud-based next-generation smart ship...
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Diamond Line and Tarros announce new weekly PAE service

Diamond Line, COSCO SHIPPING Europe’s short-sea and feeder carrier, and Tarros Group are starting a new fast short-sea service from...
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Wilhelmsen Port Services Revolutionises Port Call Payments with Innovative Financing Model

Wilhelmsen Port Services announces the launch of a groundbreaking financial service that eliminates the need for prefunding of port calls...
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Tankerska makes digital leap forward through Metis and Kongsberg Digital collaboration

A collaboration between Metis, Kongsberg Digital, and Tankerska plovidba has significantly advanced the Croatian owner’s strategy of using real-time analytics...
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Asia Fuel Oil-VLSFO eases, spot trading flurry emerges

Asia’s spot market for Very Low Sulphur Fuel Oil (VLSFO) dipped on Tuesday after a flurry of spot trades emerged....
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Iron ore nears seven-week low as weak fundamentals weigh

Iron ore futures extended falls on Tuesday to their lowest levels in nearly seven weeks, as signs of weakening in...
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MAN Energy Solutions Signs MoU with Eastern Pacific Shipping on Ammonia Training Development

MAN Energy Solutions has signed a Memorandum of Understanding (MoU) with Eastern Pacific Shipping (EPS) at Posidonia 2024 International Shipping...
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Baltic index inches up on capesize gains

The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commodities, edged higher on Tuesday...
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ABS: MOU Signed to Use AI Technologies to Eliminate Ship Blind Spots

At Posidonia 2024, ABS signed a memorandum of understanding (MOU) with HD Korea Shipbuilding & Offshore Engineering Co., Ltd. (HD...
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Sanctioned tankers pose rising environmental risk in Mediterranean, Greece says

Unregulated tankers side stepping Western sanctions are posing a bigger risk to the Mediterranean region and Greece is undertaking more...
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HAMMONIA Reederei joins the Stena Sonangol Suezmax Pool

The Stena Sonangol Suezmax Pool, a joint venture between leading tanker shipping company Stena Bulk, and the Angolan state-owned oil...
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NorthStandard to offer ShipIn Systems’ FleetVision™ safety gains through Get SET! Digital product portfolio

NorthStandard and ShipIn Systems have announced a collaboration to promote the AI-powered fleet management system FleetVision™, in recognition of the...
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Carrier Transicold’s Lynx Fleet Platform Enhances Monitoring of Refrigerated Fleets for Evergreen Marine Corp.

As one of the world’s leading shipping lines, Evergreen Marine Corp. is enhancing its operations by deploying Carrier Transicold’s Lynx™...
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ADNOC Logistics & Services to Acquire Navig8

ADNOC Logistics and Services Plc., a global energy maritime logistics company, today announced an agreement to acquire Navig8 TopCo Holdings...
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ABS 2024 Outlook Highlights Active Shift in Fleet Composition Toward More Sustainable Fuel Alternatives

According to the latest ABS research, geopolitical instability, scalability of fuel production and retrofits to existing vessels are key factors...
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