News Flash
MABUX: Bunker Prices Could Keep Retreating Next Week
Over the Week 21, the global MABUX bunker indices turned into an upward trend. The 380 HSFO index experienced a...
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Nikolaus H. Schües elected BIMCO president
BIMCO, the world’s largest shipping association, has elected Nikolaus H. Schües, CEO and owner of Reederei F. Laeisz as President...
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ICS calls on governments to set the course towards a net zero future in July
The International Chamber of Shipping (ICS) has submitted detailed well-thought through proposals to the next round of IMO negotiations. These...
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Charter Parties Holding Back Industry Decarbonization Efforts: White Paper Launched by Nautilus Labs and BIMCO
Nautilus Labs, the technology partner pioneering the decarbonization of the ocean supply chain, and BIMCO, the world’s largest international shipping...
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Canada natgas exports to US back at levels seen before Alberta wildfires
Canadian natural gas exports to the U.S. this week returned to levels seen before wildfires in Alberta and other western...
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Russia energy exports to China to grow by 40 percent: deputy PM
Russian energy deliveries to China were set to grow by 40 percent this year, Deputy Prime Minister Alexander Novak said...
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US gas production growth on hold as demand, infrastructure catch up: panelists
US natural gas production growth could be on pause until more LNG export capacity comes online later this decade, panelists...
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Russia considers gasoline export ban, sources say
The Russian government is considering a possible gasoline export ban to prevent domestic fuel shortages and price increases after a...
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Mitsubishi Shipbuilding Completes Delivery of Ammonia Fuel Supply System for Large, Low-Speed Two Stroke Marine Engines
Mitsubishi Shipbuilding Co., Ltd., a part of Mitsubishi Heavy Industries (MHI) Group, has completed delivery of an ammonia fuel supply...
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MOL to Commercialize ‘V-MO’ Monitoring Service for Marine Motors Jointly Developed with Asahi Kasei Engineering
Mitsui O.S.K. Lines, Ltd. yesterday announced that it has completed the joint research and development with Asahi Kasei Engineering (President:...
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ENGINE: Europe & Africa Bunker Fuel Availability Outlook
Northwest Europe Bunker supply is said to be normal in Rotterdam, but securing prompt delivery of VLSFO can be slightly...
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Windward Launches its Shipment Analytics Dashboard to Optimize Supply Chain Decision Making and Exception Management
Windward, the leading Maritime AI™ company, announced today the launch of its Shipment Analytics Dashboard. The new dashboard, now available...
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MISC Expects Tight LNG Shipping Market Until the End of 2023
MISC is pleased to announce its financial results for the first quarter ended 31 March 2023. Financial Highlights: •Group revenue...
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Cash premium for VLSFO down for fourth session
The cash premium for very low sulphur fuel oil (VLSFO) in Asia softened for a fourth straight session on Wednesday,...
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Iran and Russia to Build “Sanction-Proof” Shipping Fleet of 20 Ships
Russia and Iran have agreed to collaborate on building commercial ships On May 19, 2023. Despite sanctions, the Islamic Republic...
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MSC Sets New Record: Container Fleet Surges to Impressive 5 Million TEU Capacity
MSC successfully overtook Maersk and emerged as the world’s largest container carrier 16 months ago and continued its stream of...
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Five inducted into International Maritime Hall of Fame in NYC
In a ceremony held at The Lighthouse at Pier 61 at Chelsea Piers in New York City, five global shipping and...
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Iran and Russia to Build “Sanction-Proof” Shipping Fleet of 20 Ships
Russia and Iran have agreed to collaborate on building commercial ships On May 19, 2023. Despite sanctions, the Islamic Republic...
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Daibiru Group Medium- to Long-Term Management Plan 2035 ‘‘BUILD NEXT.’’ Formulated
DAIBIRU CORPORATION., a member of the Mitsui O.S.K. Lines Group have formulated the new Daibiru Group Medium- to Long-Term Management...
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ENGINE: East of Suez Bunker Fuel Availability Outlook
Singapore A source says that “demand started slow” in Singapore this week but “then picked up.” Availability remains tight for...
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