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ClassNK Innovation Endorsement Granted For Inmarsat’s Fleet Secure Endpoint

ClassNK has granted its Innovation Endorsement to Inmarsat’s Fleet Secure Endpoint, verifying the solution’s fulfilment with functional elements that support...
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Lloyd’s Register drops ships of top Indian carrier of Russian oil

Lloyd’s Register has told India’s Gatik Ship Management, which has become a major carrier of Russian oil since the Ukraine...
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Erik Thun takes a climate leap to reduce emissions

As part of our climate transition and in order to further reduce greenhouse gas emissions, the Erik Thun Group is...
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‘I’m not sure history has ever seen this before’: Top CEOs on what they expect next from the economy

The CEO of bond investing giant TCW Group, Katie Koch, heard what she wanted to hear at this week’s CNBC...
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Ministry and sea ports move to expand shore power

The Ministry of Infrastructure is allocating €140 million over the next few years to help realise shore power plants in...
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Shipbuilding – Ship prices rising on energy transition and stricter regulations

Investment points for the shipbuilding sectors include: 1) rising newbuilding prices; and 2) order backlog growth (sales basis). In 2023,...
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VLSFO steadies; Singapore inventories ease further

Asia’s very-low sulphur fuel oil (VLSFO) market steadied on Thursday after sliding over the last four sessions, while onshore inventories...
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Future Proof Shipping launches first hydrogen-powered inland container ship

On 25 May, Dutch shipping company Future Proof Shipping (FPS) officially launched the first hydrogen-powered zero-emissions inland container ship, H2...
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The power of partnership – Euronext, Oslo Børs and Norway’s maritime cluster

The ringing of the Oslo Børs bell on Monday 5 June will be heard throughout the global ocean industries. A...
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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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