News Flash
Baltic index slips for 6th day on weaker vessel rates
The Baltic Exchange’s dry bulk sea freight index fell on Monday, hurt by weaker demand across all vessel segments, with...
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Belships ASA: Change in ownership of Lighthouse Navigation
Belships has entered into an agreement to divest its stake of 50 per cent in Lighthouse Navigation Pte Ltd against...
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Diana Shipping Inc. Announces Time Charter Contract for m/v Leto With ASL
Diana Shipping Inc., a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, today announced...
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India receives oil cargo in Russian SCF tanker after brief halt, sources say
A ship controlled by U.S.-sanctioned Russian shipping giant Sovcomflot (SCF) discharged fuel oil at a western Indian port on Friday,...
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End of the oil supercycle?
The International Energy Agency’s (IEA) latest Oil Market Report paints a surprising picture for the future of oil. While global...
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Emergencies at Sea – Survive where others die
Groundbreaking leadership books strengthens maritime leaders’ abilities to handle acute critical situations – before, during and after. According to the...
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Port Houston Awarded Nearly $27 Million For Clean Truck Program
In a release issued on Wednesday, the U.S. Department of Transportation’s Federal Highway Administration announced that Texas was awarded a...
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BHP considering improved proposal for Anglo American after bid rejected, source says
BHP Group is considering making an improved offer for Anglo American after its $39 billion initial proposal was rejected by...
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South Korea pays less for US crude than Saudi Arabian barrels for 2nd straight month
South Korea reduced imports of Saudi Arabian crude and boosted shipments of US cargoes for the second straight month in...
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The Carbon Impact Curve: Unpacking the Energy Transition’s Complexity
The early days of the energy transition held a comforting promise. Replacing fossil-fuel generation with renewables offered a seemingly straightforward...
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Iran says crew of Israel-linked ship to be released
Iran’s foreign minister said the crew of a seized Portuguese-flagged ship linked to Israel have been granted consular access and...
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Wartsila says shipowners need to decarbonize at ‘right speed’
Shipping companies should decarbonize their operations at “the right speed” to reduce the financial burden while meeting regulatory requirements, Wartsila’s...
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Global LNG freight rates stable despite recent vessel availability fluctuation
Global LNG freight rates have remained steady throughout this year, despite the number of LNG vessels available in both the...
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Damen launches pilot project for circular shipbreaking
Damen Shipyards Group is launching a pilot project in which a small tug will be dismantled at Damen Shiprepair Rotterdam’s...
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Pantheon Tankers Management and Alpha Gas adopt RINA’s SERTICA digital logbooks
Pantheon Tankers Management and Alpha Gas will install RINA’s SERTICA digital logbooks to ensure smarter and more efficient digital logkeeping...
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WinGD to debut short-stroke engine design after successful shop test
Swiss marine power company WinGD will record the first installation of its new X-S short-stroke engine design following successful factory...
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ICS Publications releases fifth edition of ‘Shipping and the Environment: A Guide to Environmental Compliance’
International Chamber of Shipping (ICS) Publications announces the launch of the fifth edition of ‘Shipping and the Environment: A Guide...
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BW LPG Limited – Approval of listing on the New York Stock Exchange
Reference is made to the announcements made by BW LPG Limited (“BW LPG” or the “Company”) on 8 April 2024...
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Asia Fuel Oil-VLSFO cash premium steadies though backwardation widens
The cash premium for very low sulphur fuel oil (VLSFO) steadied on Tuesday after softening a day earlier, though the...
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Russia’s Gazprom ships first LNG cargo this year from Portovaya to Asia around Africa – LSEG data
Russia’s Gazprom GAZP.MM is shipping its first cargo of liquefied natural gas to Asia this year from its Portovaya plant...
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