News Flash

Panama Canal expects new water reservoir for ship crossings in 6 years

The Panama Canal expects to complete a billion-dollar construction of a new water reservoir within six years that will help...
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Berge Neblina sets sail following the installation of Anemoi’s energy saving Rotor Sails

Berge Bulk’s Berge Neblina, a 388,000 DWT Valemax Ore Carrier, is currently completing its voyage to Brazil following the successful...
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Container shipping will be hit hardest by upcoming FuelEU Maritime regulation

New analysis from Germany shows the container sector faces the brunt of penalties from the upcoming FuelEU Maritime regulation, the...
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Container Market Forecaster July 2024 by Container xChange

Container xChange, the leading digital marketplace for container trading and leasing, has released its mid-year container market forecaster. The analysis...
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DNV rules create new in-operation class framework, enable hydrogen vessels and on-board carbon capture

Classification society DNV has published updates to its rules for classification of ships and offshore structures. In addition to rules...
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ABB–Arkitech Collaboration Shows HVAC Efficiency Gains for MSC Magnifica

A collaboration between ABB and Arkitech has brought significant efficiency gains for the heating, ventilation, and air-conditioning (HVAC) system on...
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IIT Bombay inks agreement to collaborate on developing a ship trajectory prediction tool

The Indian Institute of Technology Bombay (IIT Bombay) on Friday said it has signed an agreement with the Indian Register...
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New tech accelerator launched to reduce maritime methane emissions

A coalition of shipping leaders is launching today to identify, accelerate and advocate technology solutions for the maritime industry to...
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Alphard Group celebrates 15 Years of excellence in Maritime Logistics and Marine services

Alphard Group, a leader in maritime logistics, maritime offshore and marine services, proudly announces its 15th anniversary. Since its inception...
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Reshaping the ship finance landscape

The shipping industry is experiencing significant change, driven by global events, supply chain disruptions, and an evolving market dynamic. In...
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Asia Distillates-Activity ticks up; one refiner selling prompt cargoes

Asia’s middle distillates markets saw an uptick in paper and physical discussions as ICE gasoil futures were little changed, with...
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Canada’s West Coast port strike averted after board order

A strike planned for Monday by ship and dock foremen at west Canadian ports has been called off after the...
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Malaysia’s petronas adds three new LNG vessels ahead of LNG Canada start-up

Petroliam Nasional Bhd (PETRONAS) has geared up ahead of its LNG Canada project by adding three new energy-efficient Liquefied Natural...
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HSFO cash premiums gain; HPCL sells July, August Supplies

Spot premium for High Sulphur Fuel Oil (HSFO) inched higher on Monday but the upside remained capped in anticipation of...
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Baltic index hits two-week low on weaker vessel rates

The Baltic Exchange’s main sea freight index, which tracks rates for ships ferrying dry bulk commodities, fell to two weeks...
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Report: Abandoned Tanker Sinks Off Yemen

The aging tanker Lavant, which sustained uncontrollable flooding off the southeastern coast of Yemen in June, appears to have disappeared...
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Saudi Aramco Jackup Suspensions: The Story So Far

Saudi Aramco’s ambitious post-Covid jackup fleet expansion program, in which the operator looked to increase its fleet size from approximately...
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Arrival of Brazil ethanol cargos to boost ARA inventories on prompt

Shipments of Brazilian ethanol have begun to arrive in Europe, according to market sources, as European prices have risen over...
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Europe turns away from US crude oil as imports hit two-year low in June

As European crude oil buyers and users turn to regional suppliers, US shipments to the continent fell again in June,...
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Regional sulphur emission limits at a glance

From time to time Members and clients contact Gard and ask for advice when a ship has been fined for...
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