Lloyd’s Register (LR) and measurement solution specialist Metcore have launched an independent accredited certification service to certify the accuracy and reliability of the quantity of fuel received via Mass Flow Meters (MFM). The service provides an additional...

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Mitsui O.S.K. Lines, or MOL, the world’s largest operator of LNG carriers, expects to expand investment in its LNG businesses and boost its super-chilled fuel carrier fleet to around 150 vessels by 2030, buoyed by its solid position for the energy transition,...

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Industry coalition SEA-LNG reports that active LNG-fuelled vessels now account for more than 2% of the global shipping fleet. Once the order book is taken into account, this number increases to 4% by vessel numbers or 6% by deadweight tonnage (DWT). Almost every day...

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The Baltic Exchange’s main sea freight index .BADI declined to a more than one-month low on Tuesday, pressured by falling capesize vessel rates. The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, fell 47 points to 1,860...

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Satellite imagery revealed a number of oil tankers vacating the waters around Iran’s key Kharg Island oil loading terminal, amid fears of an Israeli counterattack on Tehran’s energy infrastructure. “The National Iranian Tanker Company (NITC) appears to be fearing an...

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