News Flash
Baltic index hits three-week low as capesize rates weigh
The Baltic Exchange’s dry bulk sea freight index hit a three-week low on Monday, mainly weighed down by a decline...
Read More
Ocean Safety highlights importance of onboard safety equipment at boot Düsseldorf 2024
Ocean Safety will be highlighting the importance of marine safety and the provision of onboard safety equipment with an extensive...
Read More
Iraq eyes higher crude supplies to China for more projects
Iraq is considering increasing crude supplies to China by 50 percent as part of their landmark oil-for-project agreement with the...
Read More
Global diesel shortage eases after summer surge in prices
The worldwide shortage of diesel and other distillate fuel oils has started to ease as stocks accumulate in response to...
Read More
MarinePALS Achieves MET Certification from ClassNK, a Milestone in Maritime eLearning Excellence
MarinePALS, a leading eLearning company specialising in maritime education, has been awarded Maritime Education and Training (MET) certification from ClassNK....
Read More
Kalmar empty container handlers selected by Star Container Services for terminal expansion at Rotterdam Maasvlakte
Kalmar, part of Cargotec, has signed a large agreement to supply global logistics service provider Star Container Services B.V. with...
Read More
Asia Fuel Oil-VLSFO rebounds on stronger bids for January cargoes
Asia’s very low sulphur fuel oil (VLSFO) cash premiums firmed on Monday, boosted by stronger bids for January-loading cargoes, while...
Read More
Shipping stocks extend rally as Red Sea traffic paused
Shipping stocks kept rising across Europe on Monday after A.P. Moller-Maersk and other top freight firms paused journeys through the...
Read More
WinGD secures Bureau Veritas AiP for X-DF-A ammonia engine safety concept
Bureau Veritas has added its vote of confidence to Swiss marine power company WinGD’s ammonia fuelled X-DF-A dual-fuel engine, granting...
Read More
InfraVia backed Molgas becomes Titan’s strategic partner, with a capital injection for a 45% stake.
Titan Energy Holding, the parent company of Titan Clean Fuels (hereafter Titan) closed a successful funding round for a 45%...
Read More
KPI Oceanconnect Delivers Biofuel Bunkering First For Fujairah
KPI OceanConnect, a leading global provider of marine energy solutions, today announced it has supplied 200mt of B24 VLSFO to...
Read More
G20 GDP growth sees little change in the third quarter of 2023
Gross domestic product (GDP) in the G20 area grew by 0.7% quarter-on-quarter in the third quarter of 2023 according to...
Read More
Trade Up at Port of Long Beach in November
Shippers continued to reposition cargo back to West Coast seaports in November, lifting trade for a third consecutive month at...
Read More
Wärtsilä’s market leading position in cargo handling solutions highlighted with contract for four new LPG carrier vessels
Technology group Wärtsilä will supply the cargo handling and fuel supply systems for four new 40,000 m3 gas carrier vessels....
Read More
Singapore fuel oil inventories rebound to near three-month highs
Residual fuel oil inventories at key trading hub Singapore rebounded to nearly three-month highs as net imports recovered after a...
Read More
Erma First’s Shore Power Connector Blue Connect Receives Bureau Veritas Approval
Bureau Veritas (BV), a world leader in testing, inspection and certification, has granted an Approval in Principle to Greek company...
Read More
Asia Fuel Oil-Spot market steady on quiet trade; Singapore stocks rise
Asia’s spot fuel oil market was little changed on Thursday amid scant trade, while onshore inventories at Singapore rose to...
Read More
Baltic index extends losses on weaker vessel demand
The Baltic Exchange’s dry bulk sea freight index, tracking rates for ships carrying dry bulk commodities, inched lower for the...
Read More
Maritime tech firm targets industrial market after officially receiving King’s Award for Enterprise
An innovative Coventry company that uses ultrasound to help ships become more energy efficient is set to branch out into...
Read More
Global Energy Group’s Stellar Shipmanagement takes delivery of Singapore’s first dedicated methanol bunkering tanker, classed by Bureau Veritas
Stellar Shipmanagement Services Pte Ltd, a wholly-owned subsidiary of Global Energy Group, has taken delivery of a 4,000 DWT IMO...
Read More