According to the latest ABS research, geopolitical instability, scalability of fuel production and retrofits to existing vessels are key factors impacting the shipping industry’s journey to net zero by 2050. The sixth in an annual series, the 2024 Outlook, Beyond the...

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Cash premium for 380-cst High-Sulphur Fuel Oil climbed on the first trading day of June as a flurry of strong bids emerged. The Singapore 380-cst HSFO cash premium was pegged at $12.65 a metric ton, hitting over a nine-month high. Backwardation spreads also widened...

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Joint research from Lloyd’s Register (LR), Nippon Yusen Kabushiki Kaisha (NYK Line) and MTI Co., Ltd. (MTI) has identified that the adoption of Data-Driven Condition-Based Maintenance (DCBM) can have a significant impact on vessel efficiency and reliability. The white...

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Freight Investor Services (FIS), the leading freight and commodity futures broker, is delighted to announce the acquisition of GR8 Chartering Hellas in Athens, Greece. The acquisition will bring GR8 Chartering’s expertise in physical shipping into the FIS group and...

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The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commodities, edged lower on Monday to snap a three-session winning streak due to lower rates across the vessels. The overall index, which factors in rates for capesize,...

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