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HSFO back in premium; Saudi crude output cut seen bullish

Asia’s spot market for 180-cst high sulphur fuel oil (HSFO) flipped back into a small premium on Tuesday on firmer...
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Anemoi scales up Rotor Sail technology to boost maritime sector’s decarbonization efforts

Anemoi Marine Technologies, a leading UK-based developer of Rotor Sails for the global shipping industry, is enhancing its efforts to...
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South Korea’s ‘Big 3’ Shipbuilders Enter 14 Trillion Won Negotiations for Qatar LNG Vessels

HD Hyundai Heavy Industries, Hanwha Ocean, and Samsung Heavy Industries, collectively known as the Big 3 of South Korean shipbuilding,...
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Ports in China’s oil hub Shandong scrutinizing old tankers -sources

Ports in China’s Shandong province are demanding more detailed information about oil tankers that are more than 15 years old...
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Port Freeport completes $146m expansion

On 14 November 2019, the Port Freeport Commissioners approved a construction contract with McCarthy Building Companies, Inc. for the expansion...
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Biofuels to play significant role in decarbonising shipping: DNV

The report “Biofuels in Shipping” covers the current state of biofuel production, considerations for using biofuels on vessels, the regulatory...
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Shipping’s fuel challenge urgency grows as emissions regulations tighten

Shipping’s emissions – measured on a tank-to-wake basis – are likely to contribute 2.1% of global carbon dioxide emissions this...
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US coal employment on upswing, but production remains relatively flat

Total quarterly coal production across the United States has held relatively flat since late 2021, but average employment in the...
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China’s soft economic data will mean lower commodity imports, but not yet

A run of weak economic data in China is likely to show up in softer imports of key commodities, albeit...
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High Container Availability Index Points at Container Overcapacity at Indian Ports

The strengthening India-US trade relationship resulted in a 7.65 per cent increase in bilateral trade in FY 2022-23. India has...
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Cadets of Saudi Naval force trained by Indian Navy

As many as 55 cadets of the Royal Saudi Naval Force (RSNF) along with five Directing Staff are training with...
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Passengers Evacuated After Fire on Expedition Cruise Ship in Alaska

The U.S. Coast Guard is reporting that 67 people were safely evacuated from a small, expedition cruise ship this morning,...
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Mitsubishi Shipbuilding and WinGD Partner for Ammonia-Fueled Engines

In a unique partnership, Japanese and Chinese interests from the shipbuilding industry have agreed to work together to develop their...
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AI-Controlled Autonomous Battery Powered Trucks Ordered for Felixstowe

The Port of Felixstowe, the UK’s largest and busiest container port, is set to become the first port in Europe...
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Tankers: VLCCs Face Another Quiet Week

LR2 MEG LR2’s have suffered from relatively little activity this week, exacerbated by a short week in Singapore. Freight levels...
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Russia behind 225% spike in shadowy oil transfers at sea

As Russia seeks to up its game in circumventing Western sanctions, more oil tankers are turning off their location transponders...
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US coal employment on upswing, but production remains relatively flat

Total quarterly coal production across the United States has held relatively flat since late 2021, but average employment in the...
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Biodiesel import flood could drown European market, producers body says

A flood of potentially “dubious” biodiesel imports into Europe from China needs to be subject to closer EU vetting or...
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Level playing field between EU ports and within the maritime logistics chain must remain high on the agenda of policy makers

The importance of harmonized implementation of “Fit for 55” proposals and more particularly AFIR, as a means to guarantee a...
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Bangladesh: Lack of Specialised Financing Key Barrier To Ship Exports: Study

A lack of specialised financial systems, such as specialised banks or loan schemes, is the key barrier to ship exports...
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