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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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Baltic index logs best day in 18 months on capesize strength
The Baltic Exchange's dry bulk sea freight index .BADI jumped by more than 10% on Monday to register its best...
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Port, maritime services in Iran grow by 103%
Director General of Planning. Development, and Resource Management at Iran's Ports and Maritime Organization (PMO) said a 103 percent growth...
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Sinopec’s lower throughput target in H2 likely to cap China’s crude imports
China's state-owned Sinopec aims to lower its crude throughput by 1.6% in the second half of 2024 to 5.03 million...
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Ports begin screening for Mpox
WHO alert On 14 August 2024 the World Health Organization (WHO) declared the mpox (monkeypox) outbreak in parts of Africa...
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Maritime Connectivity Retail Revenues Amounted to $2.1 billion in 2023
"The Future of Maritime Connectivity - 2024". This is the fifth edition of the study, following our highly popular 2022...
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Potential oil spill detected in area next to Sounion tanker in Red Sea – Greece letter
A potential oil spill of 2.2 nautical miles in length has been detected in the area matching the location of...
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Global schedule reliability drops by -2.1 percentage points in July
Sea-Intelligence has published issue 156 of the Global Liner Performance (GLP) report, with schedule reliability figures up to and including...
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Asia leads in fuel oil imports from Nigeria’s Dangote, but volumes may decline
Asia has become the top destination for Nigeria Dangote refinery's low- sulphur straight run (LSSR) fuel oil exports in 2024...
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VLSFO Prices Are Close To Recent Lows And Could Be Even Lower Next Year
VLSFO prices have rebounded though they are still close to recent lows. Since February, Singapore VLSFO prices have traded within...
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VLCCS: Market Softens Yet Again
Clean LR2 MEG LR2's once again were subject to downward pressure this week. The TC1 rate for 75Kt MEG/Japan dropped...
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RM Propulsion’s Test Rig for Stern Tube Seals
After several years of development, RM Propulsion has completed its test rig for testing stern tube seals. Type approved Stern...
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