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Wärtsilä to future-proof container vessels with CCS-Ready scrubber technology
Technology group Wärtsilä has been contracted to supply its latest carbon capture and storage-ready scrubber systems – CCS-Ready scrubbers –...
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Amogy Sails World’s First Carbon-Free Ammonia Powered Maritime Vessel
Amogy, a provider of mature, scalable, and efficient ammonia-to-power solutions, today announced that the world’s first carbon-free, ammonia-powered maritime vessel...
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Maryland sues cargo ship owner, operator over Baltimore bridge collapse
The state of Maryland on Tuesday filed civil claims against the owner and operator of the cargo ship that struck...
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DNV Awards Type Approval Design Certification to Hanwha Ocean’s Rotor Sail Technology
DNV has awarded Hanwha Ocean Type Approval Design Certification (TADC) for its innovative rotor sail technology, the first certification of...
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Asia Fuel Oil-Hi-5 spread widens for fourth trading session
Asia’s hi-5 fuel oil spread widened for the fourth consecutive trading session on Tuesday, with 380-cst high sulphur fuel oil...
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TMX crude flow to Asia may lift Aframax demand, affect Persian Gulf-USWC VLCCs
The significant increase in Canada’s TMX heavy crude exports from Vancouver to Asia, which have nearly tripled since May, is...
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Harnessing wind power for the next generation of sustainable shipping
With annual international shipping CO₂ emissions doubling since 1990 and now accounting for roughly 10% of global transportation emissions, the...
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Prioritising maritime data for a decarbonised future
A recent survey by Houlder shed light on a crucial issue: the scarcity of relevant operational data is hampering the...
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Baltic index hits more than two-month high on stronger vessel rates
The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commodities, hit a more than...
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From flats to longs: Europe’s ‘green’ steel conversation expands
When it comes to Europe’s nascent “green” steel sector, conversation for the most part has centered on flat products. After...
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Iron ore hits over 1-year low on soft China demand prospects, firmer supply
Iron ore futures fell on Monday to their lowest in more than a year, as investors weighed prospects of soft...
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Wallenius’ pioneering vessel Future Way christened in Germany
Wallenius Marine’s new vessel Future Way, based on the innovative Sleipner design concept, was christened in Emden, Germany on 23...
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Another LNG vessel berths at Russia’s Arctic LNG 2, data shows
A liquefied natural gas vessel managed by a company in India has berthed at Russia’s Arctic LNG 2 project, following...
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Summer surge: Record diesel flows from USGC to Europe, Latin America
The US Gulf Coast is experiencing record diesel flows to Northwest Europe as favorable freight rates and strong refinery production...
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India’s August Russian oil imports slip 18% from July, tanker data show
India’s monthly oil imports from Russia fell by 18.3% to about 1.7 million barrels per day (bpd) in August from...
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China’s fuel oil imports set to slow on anticipated tax changes
China is planning a tax revamp that would raise costs for imported fuel oil, prompting independent refiners to slow purchases...
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Action on Efficiency and Wind Power Essential For Shipping Sector to Achieve Climate Goal – NGOs
Ahead of this week’s International Maritime Organization’s Intersessional Working Group on Reduction of GHG Emissions from Ships (IMO, IWSG-GHG-17, September...
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The importance of nuance in a volatile ocean container shipping market – shippers need a deeper dive into the data
Making sense of ocean container shipping volatility in 2024 is no easy task, so it may be tempting for industry...
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Baltic index hit over two-month peak on higher rates across vessels
The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commodities, rose to its highest...
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LME scrap volumes increase on week; rebar forward curve in contango structure
Volumes traded for the scrap futures contracts on the London Metal Exchange, which settle basis the Platts assessment, increased on...
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