News Flash

Sustainable hull cleaning for Singapore with HullWiper and Unidive Subsea

HullWiper’s sustainable hull cleaning solution is coming to Singapore. The company has signed a lease agreement with Unidive Subsea to...
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Longer ship routes causing delays, impacting global trade: Piyush Goyal

The long voyage time due to ships taking longer routes through Cape of Good Hope has impacted global trade, including...
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France, Netherlands were top destinations for US LNG in November as flows shift to Europe

France and the Netherlands were the top destinations for US LNG cargoes delivered in November, as shipments shifted toward Europe...
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The Current State of Japanese Shipowners: Is the Bulk Carrier Market Secure? Stability Shadowed by Growing Concerns

“We still want to own car carriers. However, considering issues such as European tariff problems and the sense of stagnation...
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ENGINE: Europe & Africa Bunker Fuel Availability Outlook

Northwestern Europe Supply pressures have eased across all three grades in the ARA this week, a trader told ENGINE. Bunker...
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Asia Fuel Oil-Premiums narrow further; market eyes Asia sale tenders

Spot premiums for fuel oil narrowed further in Asia on Wednesday, while the market eyed several sales tenders from regional...
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Alliances to shake-up shipping as industry recalibrates in 2025

The formation of new alliances and dissolution of old ones is set to reshape the shipping industry in 2025 as...
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Japanese LSFO falls to most competitive level in North Asia amid bleak demand

Japan-delivered LSFO prices are currently the cheapest among the major regional bunkering locations for the first time this year following...
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USA: Treasury Intensifies Pressure on Iranian Shadow Fleet

The United States is imposing sanctions on 35 entities and vessels that play a critical role in transporting illicit Iranian...
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Baltic index hits 15-month low as capesize rates dip

The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, fell to a...
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WinGD wins late engine orders for eight newbuild LNG carriers

Swiss marine power company WinGD has won an order for 16 X-DF dual-fuel engines after a late-stage switch by a...
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Profitable and green: innovative hull maintenance helps Hapag-Lloyd reduce emissions and cut costs

As part of its continued effort to drive sustainability in the maritime industry, German container line Hapag-Lloyd succeeds in reducing...
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Supply Chain Established for Cargo Tanks Transporting Liquefied CO2 at Elevated Pressure (EP) NYK, KNCC, and JFE Shoji Advance Toward Social Implementation of CCS

Nippon Yusen Kabushiki Kaisha (“NYK”), its group company Knutsen NYK Carbon Carriers AS (“KNCC”), and JFE Shoji Corporation (“JFE Shoji”)...
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Maersk completes order of 20 dual-fuel vessels

A.P. Moller – Maersk (Maersk) has signed agreements with three yards for a total of 20 container vessels equipped with...
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Saverex NV intends to launch a voluntary and conditional public takeover bid on Exmar NV

Saverex NV (“Saverex”) announces today that it intends to launch a voluntary and conditional public takeover bid for all shares...
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Asia Fuel Oil-Market retains downward pressure amid high supply inflows

Asia’s fuel oil benchmarks continued to soften on Tuesday amid high supply inflows in the month, with some cargo arrivals...
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US LNG exports to Europe surge in November on higher prices

U.S. LNG exports to Europe surged in November as the world’s largest producer of the superchilled gas sent more cargoes...
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Baltic index falls for fifth straight day as larger vessel rates dip

The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, fell for the...
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Flurry of new tonnage diverges LNG shipping rates from bullish cargo market

European LNG cargo prices are rising, contrasting sharply with falling shipping rates. This divergence is driven by strong demand signals...
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LNG traders divert cargoes from Europe to Asia as eastern demand strengthens

Three liquefied natural gas (LNG) cargoes on course for Europe have been diverted to Asia to meet stronger Asian demand...
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