NeptuneZero, an innovative startup at the forefront of the marine industry, is excited to announce a strategic cooperation with Synthetica, a leader in maritime Artificial Intelligence (AI) solutions. This partnership marks a significant step forward in enhancing...
When Dr Dmitriy Ponkratov, a founder of the JoRes Joint Research project and currently a Marine Director at Siemens Digital Industries Software, was boarding a plane in 2020 and downloading some old journal articles in the airport to entertain himself while flying, he...
In what could be a boost for India’s nascent shipbuilding industry, companies from Japan and South Korea have expressed interest in investing in the sector, Union Minister of Ports, Shipping, and Waterways Sarbananda Sonowal has said. “This could involve direct...
Spot premiums for fuel oil were largely stable on Monday, while the market eyed improving supply into second half of the month. Singapore’s cash differential for very low sulphur fuel oil (VLSFO) held near a premium of $20 a metric ton to cargo quotes, while delivered...
DNV has awarded an Approval in Principle (AiP) to HD Korea Shipbuilding & Offshore Engineering (HD KSOE) for its electric propulsion liquid hydrogen (LH₂) carrier design concept that could enable 80,000 cubic metres of LH₂ storage and transport. The AiP awarding...
Marine fuel sales at Singapore, the world’s largest bunker hub, posted a 2.3% monthly decline in August due to softer demand for key conventional fuel grades, data showed on Monday, although marine biofuel sales reached a monthly record high. Volumes for conventional...