SAFEEN POWER on her maiden call at Kandla

SAFEEN POWER on her maiden call at Kandla
Safeen Power with her capacity of 3500 TEUs is the largest UAEINDIA GULF (UIG) service vessel to call Kandla, according to a senior officialLinkedIn post.Safeen Power moved over from the UAE CHINA SERVICE (UCS) to replace the 2200 TEUs Thorswind earlier this month.The...
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HSFO eases, but steady feedstock demand limits declines

HSFO eases, but steady feedstock demand limits declines
Asia’s high sulphur fuel oil (HSFO) market eased on Wednesday, though expectations of steady feedstock demand this quarter limited declines. Singapore’s spot 380-cst HSFO premium dipped to $7.50 a tonne, while the market’s front-month refining margin fell to a...
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KNUD E HANSEN Announces Development of CO2 Tanker

KNUD E HANSEN Announces Development of CO2 Tanker
According to the Paris Agreement CO2 emissions shall be reduced as to limit the global warming to well below 2°C, preferably max 1.5°C. By 2050 the Paris Agreement aims to reduce global warming to 1.5°C resulting in a net-zero carbon emission society. In order for...
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Baltic index falls on lower vessel demand

Baltic index falls on lower vessel demand
The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, fell on Wednesday, pressured by lower shipping rates for all vessel segments. The overall index, which factors in rates for capesize, panamax and supramax shipping...
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