Asia’s very-low sulphur fuel oil (VLSFO) market steadied on Thursday after sliding over the last four sessions, while onshore inventories at Singapore slipped further to nine-month lows. The premium for 0.5% VLSFO rose to $8.25 a tonne over Singapore quotes as market...

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On 25 May, Dutch shipping company Future Proof Shipping (FPS) officially launched the first hydrogen-powered zero-emissions inland container ship, H2 Barge 1, in Rotterdam, the Netherlands. Earlier in the week, Nike introduced the H2 Barge 1 at its European Logistics...

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The ringing of the Oslo Børs bell on Monday 5 June will be heard throughout the global ocean industries. A special ceremony will mark not just the opening of the market, but the start of Nor-Shipping 2023, underlining the stock exchange’s significance as the world...

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Over the Week 21, the global MABUX bunker indices turned into an upward trend. The 380 HSFO index experienced a rise of 9.27 USD, climbing from 477.06 USD/MT in the previous week to 486.33 USD/MT. However, it still remained below the 500 USD threshold. The VLSFO...

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BIMCO, the world’s largest shipping association, has elected Nikolaus H. Schües, CEO and owner of Reederei F. Laeisz as President at the organisation’s general meeting in Hong Kong on Thursday 25 May 2023. Nikolaus H. Schües takes over as the 46th President of BIMCO...

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