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ClassNK grants Innovation Endorsement for Products & Solutions to Digital Learning Management System by MarinePALS

ClassNK has granted its Innovation Endorsement for Products & Solutions*1 to “Digital Learning Management System” (Ver.2) developed by MarinePALS, a...
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India rebuilds coal stocks to ensure electric reliability

India’s electricity supply is much more comfortable at the start of 2024 than in either 2023 or 2022 as coal...
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ZeroNorth acquires Euronav’s FAST platform, accelerating shipping industry’s Journey to Zero Emissions

Technology company ZeroNorth and shipping company Euronav have today announced that ZeroNorth will acquire and manage Euronav’s Fleet Automatic Statistics...
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Red Sea crisis unlikely to end soon, Hapag-Lloyd CEO says

Attacks on cargo vessels in the Red Sea by Yemen-based Houthi rebels are unlikely to end soon, forcing shipping companies...
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Traders divert Russian oil products around Africa to avoid Red Sea -sources, LSEG

Traders were diverting cargoes with Russian oil products around Africa to avoid the Red Sea due to a heightened risk...
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Is the Red Sea effect on container shipping being overblown?

No one disputes that the Red Sea crisis is massively diverting containerized goods around the Cape of Good Hope. But...
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Baltic index falls in January as rates log worst month in eight

The Baltic Exchange’s dry bulk sea freight index was mostly flat on Wednesday but headed for a monthly decline, as...
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90POE and Harbor Lab join forces to set a new standard in efficiency and transparency of port operations and disbursement management

In a landmark joint announcement, 90POE and Harbor Lab are delighted to reveal their strategic integration partnership. This collaboration unites...
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Euro zone economy lags global growth as Germany struggles

The euro zone’s economy stagnated last year, underperforming the rest of the world as former powerhouse Germany struggled with an...
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Saudi Aramco gets directive to keep maximum sustained crude capacity at 12 mil b/d

Saudi Arabian state-run oil giant Aramco was directed by the country’s energy ministry to maintain its maximum sustainable crude capacity...
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Iron ore falls as China property market woes outweigh stimulus cheer

Iron ore futures dropped on Tuesday as concerns over the indebted property sector in top consumer China countered optimism from...
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Baseblue and Bunker One Collaborate on GHG-Reduction Initiative with Wagenborg Shipping

Baseblue, a maritime energy solutions provider, has joined forces with Bunker One to spearhead the delivery of GHG-reducing fuel, advancing...
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India on track to export record-low diesel to Europe in Jan as Red Sea risks weigh

India’s exports of low-sulphur diesel to Europe are poised to hit a fresh two-year low in January, after an unprecedented...
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Clean energy growth gives ammonia and methanol export trades the green light

The role of alternative fuels in powering the low-carbon economy will dramatically increase volumes of renewable ammonia, outstripping growing volumes...
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Asia Fuel Oil-Cargo premium uptrend pares on amply-supplied market

Asia’s cargo premium for very low sulphur fuel oil (VLSFO) eased on Tuesday amid a backdrop of ample supplies, even...
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Seanergy Maritime Achieves Key Partnership with European Union Funding and Major Industry Stakeholders Under SAFeCRAFT to Revolutionize Maritime Propulsion for Existing Vessels

Seanergy Maritime Holdings Corp., through its wholly-owned subsidiary Seanergy Shipmanagement Corp., is the first Greek-based shipping company to accomplish a...
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Baltic index slips on weaker rates across segments

The Baltic Exchange’s dry bulk sea freight index fell on Tuesday, logging its biggest decline in over two weeks on...
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Air freight rates rise amid Red Sea crisis and in run-up to Asia’s Lunar New Year

Global air freight rates have climbed for the first time in seven weeks ahead of Asia’s lunar new year and...
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ABB and Norwegian Cruise Line Holdings expand long-term partnership

ABB and Norwegian Cruise Line Holdings (NCLH) have signed a long-term partnership agreement to accelerate the decarbonization and digitalization of...
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Trafigura assesses Red Sea risks after tanker attacked by Houthis

Commodities trader Trafigura said on Saturday it was assessing the security risks of further Red Sea voyages after firefighters put...
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