The technology group Wärtsilä has signed a five-year Optimised Maintenance Agreement with National Petroleum Construction Company (NPCC), a subsidiary of National Marine Dredging Group (NMDC Group). The agreement covers seven vessels in the NPCC fleet and is designed...

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Traders, producers, investors and governments are racing to secure software solutions that can offer real-time visibility and facts amid a continuing Russia-Ukraine war and the post-Covid resurgence of China in commodity markets. Vessel tracking – and the next...

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A new emissions index has been developed by independent shipping platform SHIPNEXT, in a bid to address widely-held industry concerns about the International Maritime Organization’s (IMO) emissions reduction measures. According to Alexander Varvarenko, the...

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Spot fuel oil premiums for high sulphur fuel oil (HSFO) declined on Monday, although a flurry of trades at the Singapore window kept the downside limited. The 180-cst HSFO cash differential dipped to $3.23 a tonne, while the 380-cst HSFO cash differential...

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The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, rose to an over 11-week high on Monday, propelled by stronger rates across all vessel segments. The overall index, which factors in rates for capesize, panamax and...

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