IMO’s GHG debates have centred on the fuel transition, which is key for the ultimate transition to zero emissions, but absolute emission reductions required this decade can mostly be unlocked with efficiency. The Science Based Targets Initiative announced maritime...

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The International Marine Contractors Association (IMCA) welcomes a new environmental sustainability lead, Mary Ntamark. Mary began her career in the oil and gas industry developing, implementing, and managing environmental management programmes on sites across the...

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The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities rose for third-straight session on Wednesday, aided by higher rates for bigger vessel segments, largely panamax. The overall index, which factors in rates for...

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Russia has started to make ship-to-ship (STS) transfers of diesel near African ports as it seeks transatlantic sales, according to traders and Refinitiv Eikon data. A full EU embargo on Russian oil products on Feb. 5 has boosted Russian diesel exports to Asia, Africa...

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The newbuilding market has strengthened considerably over the course of the past week. In its latest weekly report, shipbroker Allied Shipbroking commented that “March finished with a strong show for new contracting, with 22 firm orders coming to light last week....

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Two Greek-managed tankers had what amounts to a “fender bender” in the Suez Canal yesterday with the authorities reporting that it did not impact the movement of vessels but did cause broad media attention. The minor incident came as the Suez Canal is reporting an...

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