News Flash

DNV awards AiP for world’s largest car carrier design by China Merchants

At the Marintec China trade fair, DNV awarded an Approval in Principle (AiP) certificate to China Merchants Jinling Shipyard (Nanjing)...
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Oil CEO says blaming the energy industry for the climate crisis ‘like blaming farmers for obesity’

The chief executive of UAE-based energy firm Crescent Petroleum on Tuesday claimed that blaming the oil and gas industry for...
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Kalmar expands its global delivery capability with startup of electric reachstacker and Essential forklift truck production at Shanghai facility

Kalmar, part of Cargotec, is to begin production of its electric reachstacker and Essential forklift truck range at the company’s...
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BSM is ready to go for EU ETS

There are only a few days to go until EU’s Emission Trading System (EU ETS) kicks in for the shipping...
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OceanScore sees surge of new clients for EU ETS management solution driven by industry action for compliance

OceanScore is seeing rapid uptake of its recently launched EU ETS management solution with over 50 shipping companies now signed...
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IAPH publishes whitepaper on the Environmental Ship Index, outlining new features, enhancements & testimonials

IAPH publishes special whitepaper on the Environmental Ship Index (ESI), citing testimonials from world ports on how to use the...
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Asia Fuel Oil-VLSFO stable in thin trade; bunker premiums ease

Asia’s 0.5% very low sulphur fuel oil (VLSFO) market was little changed amid thin trade on Wednesday, while bunker premiums...
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Shipping industry remains in choppy waters

The local shipping industry is still struggling to recover from the heavy hammering of the pandemic amid challenges stemming from...
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ENGINE: East of Suez Bunker Fuel Availability Outlook

Prompt VLSFO availability remains super tight in Singapore. Recommended lead times for the grade range up to 12-16 days. Several...
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Sea Cargo Charter to align with new emission goals

The Sea Cargo Charter (SCC) will significantly revise its reporting ambition, aligning its trajectory with emission reduction goals in response...
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Veson Nautical launches Emission Expense Settlement Workflow, enhancing its comprehensive EU ETS contract management solution

The new feature allows IMOS clients to easily assess their carbon exposure, calculate their emission expense, and manage the cash,...
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Wärtsilä enables the acceleration of marine’s transition to sustainable fuels with the introduction of four methanol engines

Technology group Wärtsilä will introduce another four methanol engines to its portfolio, setting a new industry benchmark with the broadest...
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ABB introduces CO2e Calculator for enhanced transparency on emissions in vessel operations

ABB has launched a new digital tool allowing shipowners, operators, and designers to estimate the emission-reduction impact of various ABB...
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Dry Bulk Market’s Rally is Making Headlines

The dry bulk market has logged eight consecutive increases, prior to yesterday’s halt. In its latest weekly report, shipbroker Xclusiv...
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Intellian and Iridium enhance safety at sea with Global Maritime Distress and Safety System (GMDSS)

Intellian Technologies, Inc., the leading global technology and solutions provider for satellite communications, and Iridium Communications Inc., the only mobile...
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Clasquin: Entry Into Exclusive Negotiations With SAS Shipping Agencies Services Sàrl, Subsidiary of MSC Mediterranean Shipping Company SA

Mr. Yves REVOL and OLYMP, controlling shareholders of Clasquin SA (Paris: ALCLA), announce that they have entered exclusive negotiations with...
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Asia Fuel Oil-Cash differentials steady as spot trading spree eases

Asia’s fuel oil cash differentials were little changed on Tuesday as an earlier trading spree in the spot market cooled...
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Baltic index snaps 8-session winning streak as larger vessel rates fall

The Baltic Exchange’s dry Bulk Sea Freight Index .BADI, tracking rates for ships carrying dry bulk commodities plunged on Tuesday,...
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Western Australian Government Unveils Plan for Relocation of Fremantle Port

Following years of intensive studies and consultations, the Western Australian (WA) government has unveiled its preferred design and location for...
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Philippine Coast Guard Builds Monitoring Station on South China Sea Island

The Philippines Coast Guard is inaugurating a new station located in the western reaches of the disputed Spratly Islands which...
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