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Platform publishes list of ships dismantled worldwide in 2024
The NGO Shipbreaking Platform publishes its 2024 annual list of ships dismantled worldwide. The data reveals that 80% of the...
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Fleet of abandoned ships is growing, leaving more sailors stuck at sea
More ships than ever are being abandoned around the world by their owners, according to the United Nations’ labor and...
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HSFO retreats in volatile market activity
Asia’s high sulphur fuel oil (HSFO) market pared back on Monday after rallying higher amid recent volatility, while very low...
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VPS: How to engineer and manage green shipping fuels?
Effective management strategies and insights for evolving fuel use. Back in 2020, the IMO 2020 regulations, which reduced the global...
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IMO, cargo owners more crucial for green bunkers than financiers: Poseidon chair
Cargo owners and the International Maritime Organization could determine the pace of decarbonization in the shipping industry by providing more...
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Germany builds up LNG import terminals
Germany is expanding its natural gas import options to replace Russian supply, a drive intensified by the latest suspension of...
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World’s Largest Sail Cargo Ship Neoliner Origin hits the water in Turkey
the Neoliner Origin – the world’s largest cargo ship to be powered primarily by sails – left its slipway at...
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Tank-based reporting: simplifying biofuel tracking and compliance
Managing fuel storage and segregation is a delicate dance on tanker vessels. The typical fuel grades carried include Very Low...
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Ocean container freight rates to fall further in February following Middle East ceasefire as carriers take action to slow market decline
Middle East ceasefire and Lunar New Year will see ocean container freight rates fall further in February – with carriers...
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Suez Canal Authority urges return of shipping companies as Houthis halt attacks
The Suez Canal Authority has urged shipping companies to resume using the key Egyptian waterway connecting Asia and Europe, citing...
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Asia-US container rates edge lower on LNY slowdown, roll out of new alliances
Rates for shipping containers from east Asia and China to the US ticked slightly lower this week, while global average...
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India: Budget unveils mega shipbuilding plan, eyes larger private investment
The government unveiled a mega plan on Saturday to develop India into a shipbuilding hub, along the lines of Japan...
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With Panama Canal-U.S. tensions rising, ‘all options on the table,’ warns Trump’s top maritime official
President Donald Trump’s newly appointed head of the Federal Maritime Commission Louis Sola says that Panama has been inching closer...
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E2open Ocean Shipping Index Shows Geopolitical Tensions, Labor Shortages and Port Congestion Driving Significant Increases in Global Transit Times
E2open Parent Holdings, Inc., the connected supply chain SaaS platform with the largest multi-enterprise network, has published the latest edition...
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Dorian LPG Ltd. Retains Positive Market Outlook as New Export Capacity is Coming Online
Dorian LPG Ltd., a leading owner and operator of modern very large gas carriers (“VLGCs”), today reported its financial results...
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Shipowners Encouraged To Shield Against Accidents By Better Learning From Human Factors
The University of Strathclyde is encouraging ship operators, safety professionals and accident investigators to use the Safety Human Incident &...
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Traders offer March-delivery Russian oil to India at narrower discounts, sources say
Traders have resumed offers of Russian crude cargoes to Indian refiners at narrower discounts after a delay triggered by recently...
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ITS Logistics January Supply Chain Report: Recession Risks Heighten for US Economy as Consumer Confidence Decreases for Second Consecutive Month
ITS Logistics released the January ITS Supply Chain Report, revealing the U.S. economy was relatively stable last month but faced...
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Panama’s president says there will be no negotiation about ownership of canal
Panama President José Raúl Mulino said Thursday there will be no negotiation with the United States over ownership of the...
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Mitsui O.S.K. Lines: Seasonality to Keep Capesize Dry Bulk Rates Down During the First Quarter
The following is a summary of business conditions including revenue and ordinary profit/loss per business segment. (A)Dry Bulk Business The...
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