News Flash
UAE’s Fujairah Port Stops Bunkering After Floods: Traders
Fueling for ships at the UAE’s Port of Fujairah, the world’s third largest bunkering hub, was stopped due to flooding,...
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V.Group Welcomes Three New LNG Dual Fuel VLCCs
Global Ship Management Company V.Group has won the contract to manage three lng dual fuel vlccs for long term partner...
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Container Ship Backlog Grows Again At The Port Of Savannah
A backup of container ships off one of the U.S. East Coast’s busiest ports has swelled to 40 vessels, reviving...
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Diana Shipping Inc. Reports Second Quarter Net Income of $35.6 Million
Diana Shipping Inc., a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, today reported...
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Smart Green Shipping Announces £5m Investment Into FastRig Wing Sail Technology
Smart Green Shipping (SGS) has today launched a £5m research and development project for its fully automated FastRigs wing sail...
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Taylor Maritime Investments Limited Rides Wave of Favourable Market Fundamentals
Taylor Maritime Investments Limited, the specialist dry bulk shipping company, announced that as at 30 June 2022 its unaudited NAV...
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MABUX: Bunker Prices Expected To Keep Falling Next Week
Over the Week 30 MABUX global bunker indices continued firm downward trend. The 380 HSFO index went down by another...
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LNG Spot Market Boosts GasLog Partners Financial Results For The Second Quarter
Rechartered the Methane Rita Andrea, a steam turbine propulsion (“Steam”) LNG carrier, with an energy major for one year and...
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Surging Global Oil And Gas Demand To Boost Subsea Production, Predicts GlobalData
Subsea technology has been witnessing a substantial growth lately. Rising global oil and gas demand and supply disruption from the...
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Eurozone Economy Will Tip Into Recession This Year, Goldman Forecasts, As JPMorgan Also Makes Recession Call
Goldman Sachs is now forecasting a eurozone recession this year, not just on concerns about Russia turning off the natural-gas...
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Dalian Iron Ore Extends Rally As China Industrial Profits Rebound
Dalian iron ore futures rose on Wednesday after data showed profits at industrial firms in China, the world’s top steel...
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Konecranes Plc: Strong Order Intake Continued In A Challenging Environment
Since the beginning of June, Service and Industrial Equipment have been focused under the same leadership. Following this change, Konecranes...
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Traffic Surge At ports A Sign Of India’s Economic Revival
Buoyed by higher demand for crude oil and imported coal, Indian ports recorded a growth of 11 per cent in...
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The Financing And Bankability Of Offshore Wind Vessels
INTRODUCTION“Many of the basic principles that apply to all maritime asset classes will apply to the offshore wind sector.”In our...
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International Maritime Industries And Hyundai Heavy Industries Expand Shipbuilding Partnership
International Maritime Industries (IMI), the largest shipyard in the MENA region, has expanded its partnership with Hyundai Heavy Industries (HHI)...
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NYK and Shin-Nippon Kaiyosha Start Japan’s First 100% Biofuel Supply Trial For Ships
Nippon Yusen Kabushiki Kaisha (hereinafter, NYK) and NYK Group company Shin-Nippon Kaiyosha Corporation (hereinafter, Shin-Nippon Kaiyosha) have started a test...
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Quadrise Fuels Signs Framework Agreement With MSC Shipmanagement Limited To Trial Alternative Bunker Fuels
Quadrise (AIM:QFI), the supplier of MSAR® and bioMSAR™ emulsion technology and fuels, providing innovative lower cost and lower carbon alternatives...
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Iranian tanker to retrieve oil cargo confiscated by US this week
An Iranian-flagged tanker anchored off Piraeus port is expected this week to retrieve part of its cargo which was confiscated...
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M/T SUVRETTA Becomes The First Vessel To Include Hull Coating Impact In EEXI Technical File Approved By DNV
NEDA Maritime Agency has entrusted DNV assessing the effect of low friction paint on the reference speed for the purpose...
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S&P Global Commodity Insights To Launch First Carbon-Accounted Tanker Assessments As Shipping Faces EU Trading System Carbon Coverage
S&P Global Commodity Insights announced it will launch daily Platts price assessments for freight emissions under the European Union’s Emissions...
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