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Asia Fuel Oil-Cash differentials steady; inventories rise across key hubs
Cash differentials for fuel oil held steady in Asia amid thin trade on Friday, while onshore inventories climbed at key...
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Russia’s top diplomat Lavrov sees no reason to extend grain deal
Russia saidon Friday it saw no reason to extend the Black Sea grain deal beyond July 17 because the West...
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Retreat across vessels drags Baltic dry index to worst week in four
The Baltic exchange’s main sea freight index .BADI recorded its worst week in four on Friday dragged by a retreat...
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Global container freight stuck in doldrums
Global trade remained in the doldrums during the second quarter as China’s post-lockdown rebound proved slower than expected and was...
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Japan’s Classification Society ClassNK for Ammonia and LCO2 Carrier
Mitsubishi Shipbuilding Co., Ltd., a part of the Mitsubishi Heavy Industries (MHI) Group, and Nippon Yusen Kabushiki Kaisha (NYK Line)...
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Pace CCS and deepC Store submit CO2 shipping supply specification to the Australian Government
deepC Store (“dCS”) has submitted the CO₂ supply specification for CStore1, dCS’s floating CCS hub project, developed with carbon capture...
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SEA-LNG coalition calls on IMO to regulate all GHG emissions on a full lifecycle basis
Clear and consistent regulation is key to driving maritime decarbonisation. With this in mind, and ahead the International Maritime Organization’s...
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Navigating the Seas of Change: A Global Energy Conference Drives Insight and Empowers Industry Professionals
GRM (Global Risk Management) and Baseblue are thrilled to announce the successful conclusion of the “Navigating the Seas of Change”...
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Baltic index extends retreat as vessel demand slips
The Baltic Exchange’s main sea freight index extended decline for a fourth straight session on Thursday, pressured by lower rates...
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EPA Settles with Shipping Companies over Claims of Clean Water Act Violations
The U.S. Environmental Protection Agency (EPA) has settled with two shipping companies over claims of violations of EPA’s Vessel General...
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Diana Shipping Inc. Announces Signing and Drawdown of a US$100 Million Term Loan Facility With DNB Bank ASA and a US$22.5 Million Term Loan Facility With Nordea Bank to Refinance Existing Loan Facilities
Diana Shipping Inc., a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, announced that...
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Libra’s Logothetis swoops on fuel tech pioneer SulNOx
The board of directors of the Company (the “Board”) is pleased to announce that yesterday, following a series of off-market...
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Xeneta: Long-Term Ocean Freight Rates Fall Again, With Almost 50% Drop In Key Pricing Benchmark Across Last Three Months
The beleaguered carrier industry took another major hit in June, with the latest data from Xeneta’s Shipping Index (XSI®) showing...
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Fewer Deals in the Second-Hand Market During the Second Quarter of 2023
Activity in the second-hand vessel market has been lackluster over the past few months, as a result of high prices....
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Container shipping is now “maxed out” claims a leading shipping analyst
With record deliveries of container ships expected this year and next, most analysts have predicted further heavy downside pressure on...
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The national hydrogen network begins in Rotterdam
Gasunie has made the investment decision for the first part of a nationwide hydrogen network. This first section will be...
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China’s Shandong begins releasing oil stranded at ports after inspections, sources say
China’s Shandong refining hub has begun releasing millions of barrels of oil that were stuck at ports after inspections curbed...
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Low water again hampers Rhine River shipping in Germany
Low water levels after recent dry weather are again preventing cargo vessels from sailing fully loaded on the Rhine River...
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Two routes between Bilbao and the United Kingdom were identified as green shipping corridors for the decarbonization of shipping
The report ‘Green shipping corridors in and out of Spain: assessing route-based opportunities’, produced by the Global Maritime Forum in...
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DNV R&D Forum showcases the latest technologies and advancements in shipping
DNV hosted a highly anticipated research and development (R&D) Forum, inviting stakeholders from the Greek shipping community to share and...
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