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Baltic Index Retreats On Lower Rates Across Vessels

The Baltic Exchange's dry bulk sea freight index. BADI tracking rates for ships carrying dry bulk commodities retreated on Wednesday...
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Oceanscore Closes E5m Funding Round To Speed Up Global Expansion And Product Innovation

Hamburg, September 3, 2024: OceanScore, the global provider of data and compliance management solutions for the maritime industry, has successfully...
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Feedstock Availability And Aviation Demand Challenge Biofuel Adoption In Shipping

Drop-in replacements for fossil fuels may be a cost-effective way of meeting environmental regulations and could extend the life of...
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Kongsberg Digital Brings Its Voyage Reporting Capabilities To Offshore Maritime Operators

As offshore vessels operating in the EU will be subject to new reporting requirements from 2025, Kongsberg Digital’s K-Fleet Voyage...
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Russia’s Thermal Coal, Export Duty Removal Extension, Unlikely To Spur Demand

The Russian government recently has extended its suspension of export duty for thermal coal and anthracite until December, a move...
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Shipping Technology Finds Strategic Investment Partner In First Dutch To Accelerate Commercial And Technological Growth

Shipping Technology, a Rotterdam-based upcoming player in the international maritime industry specializing in developing supportive tools for the shipping industry,...
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Asia Fuel Oil VLSFO Premium Extends Climb, Backwardation Widens

Spot premium for Very Low Sulphur Fuel Oil (VLSFO) extended its uptrend on Tuesday as bids remained strong, while backwardation...
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Chinese State Shipbuilders Plan Merger

HONG KONG -- Two listed Chinese state-owned shipbuilders announced Monday that they are preparing for a merger. The move could...
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Container Ships Dominating-Newbuilding-Orders

Container ships have been the "darlings" of the new building market. In its latest weekly report, shipbroker Banchero Costa said...
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Good Collaboration Leads to Shipping Decarbonizations

In May 2024, Deltamarin finished a three-year EU-funded project called CHEK. Project CHEK involved 15 consortium partners and focused on...
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Baltic Index Extends Gains on Strong Capesize Demand

The Baltic Exchange's dry bulk sea freight index. BADI tracking rates for ships carrying dry bulk commodities extended gains on Tuesday,...
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Stena becomes sole owner of NTEX

Stena, which previously owned 75 percent of the shares in the transport and logistics company NTEX, has purchased an additional...
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Russian oil product exports via Tuapse to fall in September, traders say

Russian oil product exports from the Black Sea port of Tuapse are set to fall to 0.978 million metric tons...
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Oil exports remain halted at major Libyan ports, say engineers

Oil exports at major Libyan ports were halted on Monday and production curtailed across the country, six engineers told Reuters,...
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Inmarsat’s Nexuswave Trialed By Hapag-Lloyd For Enhanced Maritime Connectivity

Inmarsat Maritime, a Viasat company, has announced that global container liner shipping group Hapag-Lloyd is among the first to trial...
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Asia Fuel Oil-VLSFO spot premium hits more than nine-month high

Spot premium for Very Low Sulphur Fuel Oil (VLSFO) hit its highest level in more than nine months on Monday,...
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Survitec SuitXChange Removes Compliance Burdens And Reduces Port Delays

Global Survival Technology solutions provider Survitec has introduced a new rental and exchange service to ensure ship operators always have...
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Samskip Advances Zero-Emission Shipping, Partnering With TECO 2030 Retrofitting Samskip’s LNG Vessel Samskip Kvitnos With Hydrogen-Powered Fuel Cells

Samskip is proud to announce its partnership in the groundbreaking HyEkoTank project, an initiative supported by the European Union’s Horizon...
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COSCO Shipping Development signs deal for 42 bulk carriers

COSCO Shipping Development has announced its largest shipbuilding and leasing agreement since becoming a shipping finance operator in 2016. The...
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How South China Sea tensions threaten global trade

The post-COVID era has been punishing for global trade. Lockdowns and factory closures sparked supply chain delays worldwide and helped...
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