Asia’s High Sulphur Fuel Oil (HSFO) market eased on Wednesday, paring back from a recent rally that sent refining cracks to more than nine-month highs. Front-month cracks for 380-cst HSFO retreated to discounts of about $5.25 a barrel, down from discounts of $4 in...

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PPG yesterday announced a collaboration with RightShip, a digital maritime sustainability platform, as part of Rightship’s Zero Harm Innovation Partners Program. The initiative aims to foster the development and adoption of innovative solutions to promote a more...

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Capital Gas, Erma First and Babcock signed a Letter of Intent (LoI) to install a pioneering Carbon Capture and Storage (CCS) system, Carbon Fit, on board four new Liquefied Carbon Dioxide (LCO2) carriers. Due for delivery by South Korean shipbuilder Hyundai Mipo...

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The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commodities, extended its gain on Wednesday to mark its highest level in three weeks, supported by higher capesize and panamax rates. The overall index, which factors in rates...

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Diamond Line, COSCO SHIPPING Europe’s short-sea and feeder carrier, and Tarros Group are starting a new fast short-sea service from Alexandria, Egypt and Piraeus, Greece to Algiers, Algeria, and vice versa from June 2024. The joint weekly service is based on two 1.000...

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