News Flash

Wärtsilä to retrofit ten Hafnia tankers for improved propulsion efficiency.

Technology group Wärtsilä will supply its EnergoFlow and EnergoProFin solutions for ten Bird Class oil and chemical tankers owned by...
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Asia Fuel Oil-VLSFO extends fall; Singapore stockpiles rise.

Asia’s very low sulphur fuel oil (VLSFO) market slipped further on Thursday, while inventories at Singapore built to a two-month...
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Baltic index snaps 3-day losing streak as shipping rates rise.

The Baltic Exchange’s main sea freight index snapped its three session losing streak on Thursday, helped by stronger vessel rates...
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Europe & Africa Fuel Availability Outlook

Northwest Europe Prompt supply of HSFO is said to be tight in the ARA bunkering hub, requiring lead times of...
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Maersk enters deal for half a million tonnes of green methanol annually.

Maersk MAERSKb.CO on Wednesday announced it had entered into the shipping industry’s first large-scale agreement for green methanol from China’s...
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Morocco Project Update: Successful Completion of Industrial Demonstration Test

Quadrise Plc., the supplier of innovative energy solutions for a cleaner planet, provides an update on its fuel trial in...
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Sharing Information within the Group Using Video Communication Site for Employees “K” Line

Kawasaki Kisen Kaisha, Ltd. (“K” LINE) manages “K” Line, the video communication site for employees of “K” LINE Group, to...
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The European Parliament abandoning the “Carbon Correction Factor” is good news for shipping.

The Parliament has listened to reason and in a vote on CO2-regulation of heavy-duty vehicles decided to reject the Carbon...
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World’s First Methanol-Fuelled Engine Ordered for VLCC Segment

China Merchants Energy Shipping (CMES), the Shanghai-listed shipping giant and daughter company of China Merchants Heavy Industry (CMHI), has ordered...
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Baltic index slips on weaker capesize rates.

The Baltic Exchange’s main sea freight index extended declines to a third straight session on Wednesday, as capesize losses offset...
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Asia Naphtha/Gasoline-Gasoline dips on thin trade; oil demand outlook seen bearish.

Asia’s gasoline prices GL92-SIN edged lower on Wednesday as refining margins remained weak while no trade was done at the...
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Asia Fuel Oil-VLSFO rally pares while market eyes supply drivers.

Asia’s spot market for very low sulphur fuel oil (VLSFO) eased on Wednesday, as trade participants eyed new supply drivers....
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River Rhine in south Germany re-opened to shipping as water levels fall.

The river Rhine in south Germany was re-opened to shipping on Tuesday night after being closed after a rise in...
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Aries International Maritime Research Institute (AIMRI) wins SKOCH Order of Merit for Industrial Maritime Skill Training

In a dazzling affair at the Annexe Hall, Constitution Club of India, New Delhi, on the 18th of November 2023,...
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Harbor Lab Hosts 1st Global Agent Summit in Athens

Harbor Lab, the disbursements account maritime software company, has held its first exclusive Port Agent Summit in Athens last month....
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Ship Recycling Enters “Slow Season” Mode

The ship recycling market has experienced slow activity as the Diwali festivities took over. In its latest weekly report, shipbroker...
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Marfin trial with Logothetis-backed SulNOx yields fuel savings of up to 6.4%

Marfin Management S.A.M., the Monaco based Dry-Bulk ship manager, has successfully concluded an initial three month trial of SulNOxEco Fuel...
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Dry Bulk Owner Golden Ocean, Reports Lower Third Quarter Income

Golden Ocean Group Limited, the world’s largest listed owner of large size dry bulk vessels, today announced its unaudited results...
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Holding “K” LINE UNIVERSITY 2023

Kawasaki Kisen Kaisha, Ltd. (“K” LINE) organized “K” LINE UNIVERSITY 2023 (KLU 2023) to disseminate the K LINE Group’s management...
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AMSC ASA – Third quarter 2023 results

AMSC ASA announces results for the third quarter and nine months ending 30 September 2023. HIGHLIGHTS On 22nd August, AMSC...
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