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Baltic Index Drops To More Than Three-Week Low As Larger Vessel Rates Slip

The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, fell to more...
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China removing export tax rebate can help curb palm oil UCO fraud, boost domestic biofuels: USDA

China’s removal of the export tax rebate on renewable waste feedstock, such as used cooking oil, could help stop the...
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Trump plans no exemption for oil imports under new tariff plan, sources say

U.S. President-elect Donald Trump does not intend to spare crude oil from his planned 25% import tariffs on Canada and...
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TORM plc capital increase in connection with delivery of two 2015-built MR vessels and exercise of Restricted Share Units as part of TORM’s incentive program

TORM has increased its share capital by 961,823 shares (corresponding to USD 9,618.23) in connection with delivery of two MR...
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Auramarine secures order for two hybriddiesel and biofuel supply systems for Meriaura

Auramarine, the leading fuel supply systems pioneer for the marine, power and process industries, has announced that it will deliver...
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Asian Shipowners’ Association (ASA) Ship Insurance and Liability Committee (SILC): “End the Unjust Detention of Seafarers! Shipowners Demand Action”

In a powerful call to action, the Asian Shipowners Association’s Ship Insurance and Liability Committee, meeting in Hong Kong, focused...
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Panama sets record in newbuilding ship registration

Panama has reached a historic milestone, registering 358 newly built ships to date, representing over 8.5 million Gross Tonnage (GT)....
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FuelEU Maritime fully integrated in BSM’s emission management services

The countdown for the new FuelEU Maritime regulation is on. It will come into force from 2025. Bernhard Schulte Shipmanagement...
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Asia Fuel Oil-Hi-5 spread crunches to narrowest in five months

Asia’s hi-5 fuel oil spread crunched to its most narrow in five months as the very low sulphur fuel oil...
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Worldscale Adopts ICE’s Benchmark EUA Carbon Pricing for its Tanker Freight Rates

Intercontinental Exchange, Inc., a leading global provider of technology and data, today announced that Worldscale Association Ltd (Worldscale), a leading...
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Baltic index slips to near three-week low as larger vessel rates dip

The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, fell to a...
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bound4blue welcomes Daniel Mann to drive ‘new era’ of eSAIL® growth

bound4blue is seeking to further consolidate its leading position in maritime’s rapidly evolving Wind Assisted Propulsion Systems (WAPS) segment with...
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Seabed 2030 announces new partnership with Woolpert to advance global seafloor mapping

The Nippon Foundation-GEBCO Seabed 2030 Project is pleased to announce a new partnership with Woolpert, a leading architecture, engineering, geospatial,...
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Sallaum Lines Opens Doors to Chinese OEMs Amid Major Investments

Imbalanced trades, capacity constraints at sea and in port, and lack of labor have put Europe’s best-performing finished vehicle handling...
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MISC and Gentari Forge Strategic Partnership to Advance Ammonia Shipping and Floating Solutions

MISC Berhad (MISC), a global leader in energy-related maritime services, has entered into a Strategic Collaboration Agreement with clean energy...
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Asia Fuel Oil-Market stable to softer on ample supply outlook

Asia’s fuel oil market held steady to mildly softer on Tuesday, with ample supplies expected into December. Spot premiums for...
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Oceanly warns of increased global emissions if the alternative fuels rush intensifies

The leading provider of fleet performance solutions, Oceanly, has conveyed a stern warning that the green fuels push may lead...
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EU to discuss adding tankers, Chinese firms to Russia sanctions list

European Union envoys will discuss a 15th package of sanctions on Wednesday in response to Russia’s 2022 invasion of Ukraine,...
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TEN Ltd. Is Positive on Tanker Market’s Short Term Prospects

TEN, Ltd (TEN) reported results (unaudited) for the nine months and third quarter ended September 30, 2024. NINE MONTHS 2024...
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MPC Container Ships: Significant earnings visibility from further increased charter backlog

Highlights Charter backlog increased to USD 1.2 billion with increased contract coverage for 2025 (85%) and 2026 (57%) Quarterly recurring...
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