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Gearbulk Expands Its Newbuilding Program And Orders Two Additional Pulpmax Vessels

Gearbulk has signed contracts for delivery of two additional ammonia/methanol conversion ready 82,300 dwt Open Hatch newbuildings. These units will...
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How Inventory Management Got Back On The Shipping Industry Agenda

Global shipping markets are booming as a combination of market drivers and geopolitics conspires to push the maritime industry to...
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Full Steam Ahead: The Changing Outlook For Global Marine Fuels To 2050

Global maritime trade is set to grow by more than 40% by mid-century. With global maritime trade set to grow...
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Oil Tanker Sounion ‘Poses Environmental Risk’ After Red Sea Attack

A Greek-flagged oil tanker carrying 150,000 tonnes of crude that was evacuated by its crew after being attacked in the...
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Kongsberg Maritime Expands Rim Drive Azimuth Thruster Range With New RD-AZ-2300

Kongsberg Maritime, a world leader in maritime technology, today announced the launch of its new Rim-drive Azimuth Thruster, the RD-AZ-2300....
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Asian LSFO Refining Margin Soars To Near 5-Month High, Market Structure Strengthens

Asia's Low Sulfur Fuel Oil Refining margins surged to its highest level in nearly five months, while the market structure...
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Baltic Index Hits Near Four-Week High As Capesize Rates Jump

The Baltic Exchange's dry bulk sea freight index, BADI, which tracks rates for ships carrying dry bulk commodities, rose to...
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Ukraine grain exports jump to 6 mln T so far 2024/25, says ministry

Ukraine's grain exports in the 2024/25 July-June season had reached 6 million metric tons as of Aug. 21, up from...
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Singapore gasoil swap crack hits near 3- month low as regional stocks remain long

The Singapore ultra low sulfur gasoil front month swap crack against front month Dubai swap was at its weakest in...
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Kongsberg Maritime completes testing of cyber security for range of digital products

Kongsberg Maritime has achieved a significant milestone for the cyber security of its products with the completion of testing to...
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Kumport Terminal Istanbul implements Portchain Connect to simplify the berth alignment process with shipping lines

Portchain today announced Kumport Terminal Istanbul will join the Portchain Connect network. Kumport Terminal Istanbul will use Portchain Connect to...
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Stage set for German steel industry to become major green hydrogen offtaker

Energy transition highlights: Our editors and analysts bring you the biggest stories from the industry this week, from renewables to...
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Saudi Arabia crude oil exports drop in June

Saudi Arabia's crude oil exports fell to 6.047 million barrels per day (bpd) in June from 6.118 million bpd in...
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US oil export gains slow as output, global demand turn tepid

U.S. crude oil export gains should plateau in 2024 after years of strong growth, with domestic output expected to increase...
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Successful installation of passive technology for two major projects in Australia

Sentinel Subsea. specialists in passive subsea integrity monitoring, is proud to announce the successful installation of WellSentinel™ systems for two...
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Danish Shipping Hopeful of Green Agreement with Germans on North Sea Energy Island

Danish Shipping is disappointed that the negotiations on the North Sea Energy Island between Denmark and Belgium have broken down....
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Atlantic Supramax scrap market sees weak momentum in week 33 on thin activity

The Supramax segment in the Continent and Baltic Sea regions endured a trading week that remained firm, mainly caused by...
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Seaspan Launches The Canadian Coast Guard’s Flagship

According to the company's release, Seaspan Shipyards (Seaspan) launched the Canadian Coast Guard’s flagship science vessel, CCGS Naalak Nappaaluk, Canada’s...
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Egyptian Ship ‘MV Wadi Albostan’ Arrested At Paradip Port

An Egyptian ship, currently anchored at Paradip Port in Odisha, has been 'arrested' following an Orissa High Court order, an...
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Sirius Shipping To Optimise Just-In-Time Arrival With Manta Marine Technologies’ Fuel Opt

Manta Marine Technologies (MMT) has received an order for two FuelOpt systems for Sirius Shipping’s Sirius Evolution 15K product/chemical tankers...
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