The shipping industry is at greater risk than ever of missing its 2030 zero-emission fuel targets, due in large part to the regulatory uncertainty of the last 12 months, according to a new report. Launched today at New York Climate Week, the fifth edition of the...

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Northwest Europe Fuel availability in the ARA is tight for prompt delivery dates, and buyers are recommended lead times of 5-7 days to secure supplies at competitive prices, a trader told ENGINE. The ARA’s independently held fuel oil stocks have averaged 17% higher in...

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HJ Shipbuilding & Construction said it signed a contract to build four container ships worth a total of 678.9 billion won for a shipping company in Oceania. According to the Financial Supervisory Service’s electronic disclosure system on the 23rd, HJ Shipbuilding...

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Samsung Heavy Industries has become the first of South Korea’s three major shipbuilders to conclude this year’s wage negotiations, bringing months of labor-management tensions to an end. The settlement is the only agreement reached so far among the three major...

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European leaders have called for joint policy action, including relaxed fuel quality standards and revised biofuels regulations, to help bring fuel costs down from record highs ahead of the peak winter demand season. Since the latest flare-up in the Middle East...

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