News Flash

Clarkson : Changes to Chemical & Gasoline blending component trade flows in H2 2023

Amid the ongoing weakness seen across the global petrochemical sector, the comparative recovery of gasoline and transport fuel demand this...
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Tufton’s Kamsarmax Bulker Installed With Anemoi Rotor Sails Expected To Save 10% of Fuel & Emissions Annually

Installation of Rotor Sails on TR Lady, an 82,000 dwt Kamsarmax bulk carrier, was completed in Chengxi Shipyard, China, in...
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Odfjell first to install suction sails on deep- sea chemical tanker

In partnership with bound4blue, a pioneering developer of wind-assisted propulsion technology, Odfjell will install the innovative eSAIL® system on a...
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Dubai’s DP World posts 10% fall in H1 profit, flags uncertain trade outlook

Dubai’s state-owned ports giant DP World said on Thursday its first-half profit fell nearly 10% from a year earlier, even...
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German government to examine finances of private LNG operator

The German government will examine the finances of Deutsche ReGas, the operator of a planned liquefied natural gas (LNG) terminal...
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Asia Fuel Oil-HSFO markets gain, VLSFO cash premium stable

Cash differentials in Asia’s high sulphur fuel oil (HSFO) market gained and very low sulphur oil (VLSFO) were steady on...
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Charleston chosen to host a global conference on emerging maritime innovations.

The 97th Annual Convention of the International Propeller Club of the United States will be held September 26-28, 2023, after...
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Three bulk vessels were recently robbed in the Singapore Strait.

Three bulk vessels were looted earlier this week in the Singapore Strait, according to a Singapore-based regional maritime security center...
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2020 Bulkers Ltd. (2020) – Second Quarter 2023 Results.

2020 Bulkers Ltd. ("2020 Bulkers" or the "Company") reported unverified economic and operational results for both the three and six...
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BSM confirms Joseph Schulte’s vessel departed Odesa for Istanbul.

The Joseph Schulte freighter has left the Ukrainian port of Odesa and is its route to Istanbul, according to Bernhard...
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Singapore has a new contemporary warehouse facility.

Blue Water Singapore has just opened a new cutting-edge third-party logistics facility for projects and big cargo. The facility, which...
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Inline tracer dosing and aboard blending are part of GCMD’s third biofuel logistics trial.

On July 24, the Global Centre for Maritime Decarbonisation (GCMD) successfully bunkered the third supply chain of a biofuel blend...
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AMP gets the consensus final draft of the conversation tables formed to modify the Republic of Panama’s maritime legislation.

The Panama Maritime Authority (AMP) received the final results of the discussions conducted collectively with various social collaborators, the maritime...
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The Korean government launches a CCS research and development project in the Ulleung Basin in the East Sea.

As the worldwide importance of carbon neutrality grows, large Korean corporations are concentrating on the carbon collection, utilization, and storage...
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East of Suez Bunker Fuel Availability Forecast

Singapore's VLSFO availability is improving. Demand is low in Zhoushan, and supply is limited in Fujairah. Singapore Suppliers in Singapore...
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Diversification and adaptability: Constructing net-zero ships.

Marco Bognolo, Vice President Basic Design, Fincantieri Merchant Ship Business Unit Marco Bognolo is the Vice President of Basic Design...
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VOYAGER Portal founders urge shipowners to take proactive stance to cut demurrage costs and risks

Voyager, the operations and demurrage management platform for bulk commodity shipping, is urging shipping companies to take a proactive stance...
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LNG shipping stocks: Decline below the resistance

Last week, the UP World LNG Shipping Index (UPI), the only stock index focused on LNG shipping companies, lost 2.57...
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Oil dips further as China worries counter supply cuts

Oil prices dipped on Monday as concerns about China’s faltering economic recovery and a stronger dollar took the momentum out...
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Gains in panamax vessel rates take Baltic sea freight index higher

The Baltic Exchange’s main sea freight index .BADI edged up on Monday as rates for the panamax segment, ferrying coal...
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