News Flash | Sea and Job

The EU ETS To Run The Global Tanker Fleet More Than €2bn By 2030

By 2035, Fuel EU Maritime compliance costs for tankers will overtake those from the European Union’s Emissions Trading System (EU ETS), BRS Group argues. The EU ETS will run the global tanker fleet more than €2bn ($2.2bn) by 2030, the broker calculated, assuming...

Wärtsilä Electrification Solutions To Support CSL With Emission Reduction Targets

Technology group Wärtsilä will supply a hybrid-electric propulsion system for an 11,000 dwt Limestone Carrier. The vessel was contracted by Montreal-based CSL Group (“CSL”) with CCCC Shanghai Equipment Engineering and Jingjiang Nanyang Shipbuilding. The order with...

BIFA & TT Club Deliver Advice On Maritime Container Safety

The keynote speaker at the webinar was Mike Yarwood, managing director of loss prevention at TT Club, a global leader in providing insurance and risk management services to the international transport and logistics industry. He was supported by Robert Windsor, BIFA’s...

Asia Fuel Oil-Spot Premiums Extend Gains While Market Structure Firms

Spot fuel oil premiums extended gains in Asia on Wednesday, backed by strength in the derivatives market where buying activity gathered pace and led to a firmer market structure, trade sources said. The backwardation spreads for prompt trading months widened for key...

US Diesel Exports To Europe Hit Record High Despite Lackluster Demand

US diesel export loadings to Europe surged to record highs in July as the trade arbitrage for US diesel to move from the Gulf Coast to Europe remained robust, freight rates eased, and Saudi exports fell sharply. Loadings of US diesel bound for Europe have risen by...

Baltic Index Slips For Fourth Straight Day As Capesize Rates Dip

The Baltic Exchange’s main sea freight index, which tracks rates for ships ferrying dry bulk commodities, was down on Wednesday for the fourth straight session. The index tracked a fall in rates for large Capesize shipping vessels. * The overall index. BADI,...

The EU ETS To Run The Global Tanker Fleet More Than €2bn By 2030

Wärtsilä Electrification Solutions To Support CSL With Emission Reduction Targets

BIFA & TT Club Deliver Advice On Maritime Container Safety

Asia Fuel Oil-Spot Premiums Extend Gains While Market Structure Firms

US Diesel Exports To Europe Hit Record High Despite Lackluster Demand

Baltic Index Slips For Fourth Straight Day As Capesize Rates Dip

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