News Flash

LR awards Approval in Principle to NACKS for methanol-fuelled 81,000 DWT bulk carrier

Lloyd’s Register (LR) has awarded Approval in Principle to Nantong COSCO KHI Ship Engineering Co Ltd (NACKS) for an 81,000...
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NYK, JERA, and Resonac Start Joint Study on Supplying Ammonia as Fuel to Vessels Cooperating to achieve zero emissions.

On December 12, NYK, JERA Co., Inc. (hereinafter “JERA”), and Resonac Holdings Corporation (hereinafter “Resonac”) signed an agreement to jointly...
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Fuel tankers face long slog as Panama Canal drought reroutes flows.

Oil tanker Cururo is taking the long way from Houston to Chile: sailing the length of South America’s Atlantic coast,...
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Accelleron welcomes its 100th customer for running hours based Turbo LifecycleCare service agreement

Accelleron welcomed the 100th customer for its running hours-based service agreement for four-stroke engine turbochargers, Turbo LifecycleCare, last month. More...
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“K” Line holds FY2023 Dry Bulk Global Meeting

Kawasaki Kisen Kaisha, Ltd. (“K” LINE) held a global meeting for the dry bulk business at the company’s head office...
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IMO history book launched.

A book detailing the history of the International Maritime Organization (IMO) has been published to mark 75 years since the...
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Asia Fuel Oil-Spot market range bound in single-digit premiums

The spot fuel oil market in Asia was range bound as of Wednesday amid a lack of fresh drivers, with...
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Baltic index slips to 2-week low on weaker vessel demand.

The Baltic Exchange’s dry bulk sea freight index, tracking rates for ships carrying dry bulk commodities, fell to its lowest...
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WinGD partners with Alfa Laval to advance the development of ammonia-powered engines.

Alfa Laval and Swiss engine designer WinGD have established a partnership in which Alfa Laval will deliver two fuel supply...
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ABB and Wallenius Marine opened the first OVERSEA Fleet Support Center to provide centralized services.

ABB and shipping company Wallenius Marine have opened the doors of the first OVERSEA Fleet Support Center, a major milestone...
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Wärtsilä hybrid propulsion solution selected for three new cargo vessels.

Technology group Wärtsilä will supply an integrated hybrid propulsion solution for three new self-discharging cargo vessels being built at the...
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RightShip announces a tiered RightFLEET system to provide ship owners and managers with essential data for enhanced operations.

RightShip, a leading global environmental, social and governance (ESG) focused digital maritime platform, is proud to announce the launch of...
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Agreement to Develop Methanol Solution for MAN Four-Stroke Portfolio

MAN Energy Solutions has announced an agreement with Alfa Laval, the Swedish industrial concern, to develop a methanol fuel-supply solution...
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X-Press Feeders plans to use green methanol for ships in Europe in Q2 2024

Singapore-based container shipper X-Press Feeders plans to use green methanol bunker to fuel part of its fleet in Europe in...
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Yemen’s Houthis claim attack on Norwegian tanker.

Yemen’s Houthis said on Tuesday they carried out a military operation against the Norwegian commercial tanker STRINDA in their latest...
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Lower vessel fair erodes Shipping Corp’s profit by 17%

The Bangladesh Shipping Corporation, a publicly listed state-owned shipping line, has reported a 17% year-on-year decline in its profit for...
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Asia Fuel Oil-VLSFO dips while HSFO steadies

The very low sulphur fuel oil market (VLSFO) in Asia softened on Tuesday as more arbitrage supplies are expected to...
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Baltic index extends gain on strong capesize rates.

The Baltic Exchange’s dry bulk sea freight index, tracking rates for ships carrying dry bulk commodities, rose for a second...
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Erik Thun puts Dynamic Drive from Berg Propulsion at the heart of fuel efficiency gains.

Erik Thun Group has selected Berg Propulsion’s Dynamic Drive technology to optimize efficiency on board all 10 of its latest...
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Shippers avoiding Red Sea transits after attacks, watching Suez Canal traffic.

Shippers are diverting from transiting through the Middle East and watching for any sign of increased traffic in the Suez...
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