News Flash
Demonstrative Test Sail of a Tugboat Using Marine Biodiesel Fuel at Nagoya Port-Efforts Toward Decarbonization
“K” Line Port Service Co., Ltd., a group company of Kawasaki Kisen Kaisha., Ltd. (“K” LINE), conducted a demonstrative...
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IAPH supports methanol bunkering at ports with safety checklists
Methanol comes out as a potential alternative bunkering fuel for shipping. When generated from sustainable hydrogen and CO2 by direct...
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Bringing a Green Future Closer: RINA awards AiP for AURELIA’s Green Retrofit Solution for 205k DWT Bulk Carrier
RINA has been awarded Approval in Principle (AiP) for a green retrofit package solution planned by the innovative naval architecture...
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Drought-hit Panama Canal further restricts the maximum ship depth
The Panama Canal will widen restrictions on the largest ships crossing the waterway, one of the world’s hard-pressed trade passages,...
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Container shipping divide: Cargo rates weaken, ship rents ‘robust’
Everyone knew the container shipping boom would end — it was a one-off spike driven by a pandemic and government...
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Maersk to pioneer first container vessel conversion to methanol dual-fuel engine
As the first in the shipping industry, A.P. Moller – Maersk (Maersk) will retrofit an existing ship to a dual-fuel...
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Cheniere and Equinor Sign Long-Term LNG Sale and Purchase Agreement
Cheniere Energy, Inc. announced that Cheniere’s subsidiary, Cheniere Marketing, LLC (“Cheniere Marketing”), has commenced a long-term liquefied natural gas (“LNG”)...
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Baltic index hits near 4-week hike on Capesize strength
The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, adjourn to a nearly four-week...
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Top Ships Inc. Announces Proposed Spin-Off Creating a New Suezmax Tanker Company
TOP Ships Inc., an international owner, and operator of modern, fuel-efficient “ECO” tanker vessels, announced today the filing of a...
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UN chief calls for acceleration of Black Sea grain deal exports
United Nations Secretary-General Antonio Guterres called for an acceleration of Black Sea grain shipments from Ukrainian ports under a deal...
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VLSFO eases for a second day, recent rally cools
Asia’s spot market for very-low sulphur fuel oil (VLSFO) softened for a second consecutive session on Wednesday, a sign that...
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Big 3 Korean Shipbuilders See Orders Worth 136 Trillion Won
HD Hyundai Heavy Industries, Samsung Heavy Industries, and Hanwha Ocean, three major Korean shipbuilders, have accumulated orders worth over 130...
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Transportation Recovery Fund joins Tankers International VLCC Pool as demand for diverse fleets continues
Tankers International, the world’s largest shipping pool for VLCCs, has announced today that Transportation Recovery Fund (TRF) operated vessel the...
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ExxonMobil and Evergreen Line have completed the delivery of marine biofuel oil in the port of Singapore
ExxonMobil successfully completed a commercial marine biofuel oil bunkering in the port of Singapore on 1st April 2023. Evergreen Line’s...
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Panama Canal Further Restricts Drafts Due to Falling Water Levels
In an advisory to shipping the Panama Canal Authority (ACP) announced further restrictions for the maximum authorized draft in locks...
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China Retrofits Bulker with First Domestically-Built Wind Rotor Sails
China State Shipbuilding (CSSC) is reporting that it completed the first installation of a domestically designed and built rotor on...
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Benchmarks jump, Dubai supported by strong bids from majors
Middle East crude benchmarks Oman, Dubai and Murban jumped on Tuesday, gaining for a third straight session. Cash Dubai was...
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Asia’s gasoline blenders keen to boost octane as reforming spread hits over 9-month high
The substantial expansion in the Singapore reforming spread, fueled by relatively high gasoline values and a weak naphtha complex, has...
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AD Ports Group signs a 30-year Extendable Concession Agreement to Manage and Operate a Multipurpose Terminal in Congo’s Pointe Noire Port
AD Ports Group, the leading global facilitator of trade, logistics, and industry, today signed a 30-year concession agreement with the...
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DeepSea provides a free entry point for shipping companies to start exploring AI benchmarking tools as it unveils the results of the 2022-23 Shifts Challenge
DeepSea Technologies, the award-winning Al-led maritime technology company, and energy efficiency experts, has announced that it is making a full...
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