All bunker prices described in the text below have been adjusted for calorific content to make them VLSFO-equivalent. They have estimated EU-EU voyage compliance costs included for Rotterdam, and nonEU-EU compliance costs included for Singapore. These account for EU...

Read More

U.S. President Donald Trump said on the 30th (local time) that he would refill the U.S. Strategic Petroleum Reserve, which has been depleted with Venezuelan crude. The plan is to secure reserve stocks through large-scale oil field development recently agreed to with...

Read More

Samsung Heavy Industries disclosed on Aug. 31 that it has won an order for two container ships from an African shipping company for a total of 444.5 billion won ($336.74 million). The newly contracted ships are scheduled to be delivered sequentially by Dec. 2028. With...

Read More

Buoyant newbuilding activity combined with a growing focus on energy efficiency and optimisation in newbuild specifications has helped drive one of the strongest-ever order runs for The Switch’s electric machines (EM) business. The Finnish power electronics specialist...

Read More

Clarksons Research, the data and analytics arm of the Clarksons, will be attending the bi-annual shipbuilding and marine equipment trade fair SMM in Hamburg 1st-4th September (Stand B1.OG.303). Reviewing the market backdrop to this year’s SMM, Steve Gordon, Global...

Read More