DAIBIRU CORPORATION., a member of the Mitsui O.S.K. Lines Group have formulated the new Daibiru Group Medium- to Long-Term Management Plan 2035 “BUILD NEXT.” begins in fiscal 2023. The previous plan stated five priority strategies: 1) investment in high-end office...

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Singapore A source says that “demand started slow” in Singapore this week but “then picked up.” Availability remains tight for VLSFO and HSFO in the port, with lead times of 8-9 days and 6-10 days recommended, respectively. This is slightly down from 8-12 days last...

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Bureau Veritas Solutions Marine & Offshore, a technical advisory, asset management and assurance solutions organization, and ENGIE, a global industry leader in low-carbon energy supply and related services, have announced a partnership to provide advisory &...

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Asia’s very low sulphur fuel oil market remained under downward pressure on Tuesday, as key exporter Al Zour continued to ramp up supply tenders. Kuwait’s Al Zour refinery has issued another tender offering VLSFO for early June, shortly after it closed two tenders...

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Due to sluggish demand and massive inventories, spot LNG prices in Asia plummeted to a two-year low, while prices in Europe also declined belowthe $10 mark against a backdrop of healthy inventories, which are hovering above the 5-year average, and subdued demand for...

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Marlink, the smart network and digital solutions company, will install the Starlink LEO service for Athens-based ship manager Polembros Shipping. A Marlink partner for many years, Polembros will extend its digital toolset to include the new LEO service on a trial...

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