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European shipowners and fuel producers join forces and launch Clean Maritime Fuels Platform

Access to clean maritime fuels is a top priority for the decarbonisation of the shipping sector. The recently published Draghi report on the Future of European Competitiveness identifies shipping as one of the most difficult sectors to decarbonise, requiring around 40...
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Risky salvage of Sounion tanker to restart in Red Sea this week, sources say

Experts will this week resume a risky operation to salvage the Sounion tanker which was attacked by Yemen’s Houthis in the Red Sea last month and still holds about one million barrels of crude oil, maritime sources said on Thursday. The towing of the Greek-registered...
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Bearish oil price view looms over LNG trading and contracting activity

US elections watched closely for impact on foreign policy A bearish oil price view for 2025 is likely to have an overhang on LNG trading but the market will still be dominated by supply-demand factors according to market participants at S&P Global Commodity...
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Vale bumps up 2024 iron ore production forecast, shares rise

Brazilian miner Vale on Wednesday bumped up its forecast for iron ore output this year after a stronger-than-expected first half, driving its shares higher The company, one of the world’s largest iron ore producers, said in a securities filing it now expects...
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Oceanic Partners with VIKAND to Provide Mental Health Training to Officers

Oceanic Partners with VIKAND to Provide Mental Health Training to Officers
Global marine services provider Oceanic, through its SeaMedzą Medical Solutions, will offer VIKAND’s mental health training programs as an integrated part of its overall services approach to its maritime customers The two training modules aim to increase...
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Weathernews and Lauritzen Bulkers sign new 3-year contract for enhanced maritime solutions

Weathernews and Lauritzen Bulkers sign new 3-year contract for enhanced maritime solutions
Weathernews, a global leader in weather intelligence and maritime solutions, is pleased to announce a new 3-year TFMS (Total Fleet Management Solutionsi contract with Lauritzen Bulkers, a leading owner in the dry bulk shipping industry. Taking effect July 1, 2024,...
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