The spot discount for very low sulphur fuel oil (VLSFO) widened on Monday, while the market intermonth structure weakened to parity for the balance month, weighed by bearish fundamentals for the prompt market. Singapore’s VLSFO cash differential was pegged at a...

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SEA Europe, the association representing the European maritime technology industry, comprising shipyards and maritime equipment manufacturers, has issued a resounding call to action to European policymakers. SEA Europe is urging them to formulate a comprehensive...

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The Future of Smart Shipping – 2024. The second edition to our highly popular 2020 report offers an in-depth analysis of the evolving landscape of smart shipping in the maritime industry, highlighting significant changes that have taken place over the last four years....

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The recent back-and-forth attacks between Iran and Israel has added another ingredient to the already stormy mix Indian shipping and trade are in. Rates are expected to rise around 20-25 percent from already elevated level in the next few weeks if disruptions continue...

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A Portuguese-flagged cargo ship, the MSC Aries, was seized by Iran on April 13 for ”violating maritime laws”, Iran’s foreign ministry said on Monday, adding that there was no doubt the vessel was linked to Israel. Iran’s Revolutionary Guards had seized the freighter...

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In a significant escalation of tensions in the Middle East, Iran’s capture of the MSC Aries, a container ship linked to Israel, has reverberated throughout the maritime industry. This development, occurring prior to the missile attacks on Saturday, April 13, 2024,...

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