News Flash

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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UECC collaborates with GoodFuels and NYK to slash carbon emissions with sustainable biofuel

United European Car Carriers (UECC), the leading provider of sustainable short sea ro-ro transportation in Europe, has successfully completed the...
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The new crew training package supports the safe adoption of Methanol as a marine fuel

The Methanol Institute has welcomed multi-disciplinary methanol consultancy GREEN MARINE as its latest member. The Denmark-headquartered company has recently finalized...
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Lower Capesize and Panamax rates weigh on the Baltic index

On Wednesday, the Baltic Exchange's main marine freight index declined for the third day in a row, weighed down by...
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Trafigura seeks more regulatory support for green marine fuels

Trafigura is eager to make early-stage investments in green fuels to encourage maritime decarbonization, but regulators must improve emissions restrictions...
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New Sail Device for Ships Developed by Eco Marine Power

After several years of research & development (R&D) Eco Marine Power (EMP) announced today that it has developed a new...
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INEOS Energy charters two highly efficient LNG carriers to create a virtual LNG pipeline from the US to Europe

INEOS Energy Trading has today signed agreements with Mitsui O.S.K. Lines (MOL) for two new build LNG carriers, to be...
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Ukraine must be ready to export mostly via Danube ports – sea ports authority

Ukraine must be ready to export grain almost exclusively via its Danube River ports because Russia is effectively blocking Black...
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Wärtsilä to accelerate Stena Line’s decarbonization journey through methanol conversions

Technology group Wärtsilä has been contracted by Swedish ferry operator Stena Line to carry out and convert some of its...
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The US tight oil industry grows up

In Shakespeare’s Henry IV Part 2, the newly crowned King Henry V renounces the wildness of his youth. “Presume not...
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The Next Breakthrough in Shipping Isn’t on the Horizon. It’s here

Few think of the ocean as an epicenter for human ingenuity, but our history and future can be charted by...
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Macgregor has received a large access equipment order for a cruise vessel

MacGregor, part of Cargotec, has received a large order for a comprehensive package of access equipment for a cruise vessel,...
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