News Flash
HAMMONIA Reederei joins the Stena Sonangol Suezmax Pool
The Stena Sonangol Suezmax Pool, a joint venture between leading tanker shipping company Stena Bulk, and the Angolan state-owned oil...
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NorthStandard to offer ShipIn Systems’ FleetVision™ safety gains through Get SET! Digital product portfolio
NorthStandard and ShipIn Systems have announced a collaboration to promote the AI-powered fleet management system FleetVision™, in recognition of the...
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Carrier Transicold’s Lynx Fleet Platform Enhances Monitoring of Refrigerated Fleets for Evergreen Marine Corp.
As one of the world’s leading shipping lines, Evergreen Marine Corp. is enhancing its operations by deploying Carrier Transicold’s Lynx™...
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ADNOC Logistics & Services to Acquire Navig8
ADNOC Logistics and Services Plc., a global energy maritime logistics company, today announced an agreement to acquire Navig8 TopCo Holdings...
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ABS 2024 Outlook Highlights Active Shift in Fleet Composition Toward More Sustainable Fuel Alternatives
According to the latest ABS research, geopolitical instability, scalability of fuel production and retrofits to existing vessels are key factors...
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Asia Fuel Oil-HSFO cash premium rises on stronger bids
Cash premium for 380-cst High-Sulphur Fuel Oil climbed on the first trading day of June as a flurry of strong...
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Data-driven maintenance offers clear path for improving fleet reliability and efficiency
Joint research from Lloyd’s Register (LR), Nippon Yusen Kabushiki Kaisha (NYK Line) and MTI Co., Ltd. (MTI) has identified that...
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Freight Investor Services (FIS) acquires GR8 Chartering
Freight Investor Services (FIS), the leading freight and commodity futures broker, is delighted to announce the acquisition of GR8 Chartering...
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Two-thirds of European green shipping fuel projects at risk – analysis
Two-thirds of European green shipping fuel projects are at risk, a new Transport & Environment (T&E) study shows. T&E’s mapping...
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Baltic index snaps 3-session winning streak on lower rates
The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commodities, edged lower on Monday...
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OTESAT MARITEL Receives Type Approval Certificates
OTESAT MARITEL, a globally recognized brand in the Satellite Telecommunications market, and Bureau Veritas (BV), a global leader in the...
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China Merchants Group plans to consolidate shipping operations
China Merchants Group is planning to consolidate its container line operations amid a boom in the global shipping industry, reports...
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Bringing over 160 years of experience in shipbuilding and maintenance – ONEX Shipyards joins Green Award to provide incentives to frontrunner shipping companies
Green Award Foundation proudly announces that ONEX Shipyards has joined us to provide incentives to our certified shipping companies who...
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Asia spot prices hold at near 6-month top as heatwave persists
Asian spot Liquefied Natural Gas (LNG) prices saw a slight decline this week, but still held near a six-month top...
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Demand may push China’s LNG imports to record high
Fuelled by strong demand from the industrial sector amid an economic recovery and industrial decarbonisation, China’s Liquefied Natural Gas (LNG)...
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Iron ore prices lack conviction despite China stimulus moves
The balance of risks for iron ore prices are tilted to the downside despite top buyer China’s most recent steps...
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Oil price forecasts cut as supply risks trend lower
Analysts have lowered their 2024 oil price forecast for the first time since February, reflecting lower risks to supply from...
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Yemen’s Houthis say they conducted six operations in Red Sea and Indian Ocean
Yemen’s Houthis conducted six operations targeting a U.S. aircraft carrier, a U.S. destroyer and three vessels in the Red Sea...
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Houthis fire missiles and drones from Yemen, US military says
The U.S. military said on Friday Yemen’s Houthis launched two anti-ship ballistic missiles and one drone over the Gulf of...
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Electric-Vehicles-Affect-Global-Oil-Demand
Main Navigation How do electric vehicles affect global oil demand? With the penetration of electric vehicles in new car sales...
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