Asia’s cash premium for Very Low Sulphur Fuel Oil (VLSFO) edged up on Tuesday, though bunker premiums remained at a downside risk as demand slowed since the start of the Lunar New Year, trade sources said. The market was largely range-bound on mixed drivers. On the...

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NorthStandard confirms strong renewal results across the board, in its first year of operation. NorthStandard reports a rise in premium income with positive market responses to its post-merger scale and global operating structure, as well as its continuing service...

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A comprehensive analysis by maritime technology company Orca AI shows that its market-leading automated situational awareness platform achieved significant operational gains for clients in 2023, including a 172,716-tonnes reduction in CO2 emissions and fuel savings,...

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French shipping and transport company CMA CGM said on Tuesday that its Jules Verne container ship transited the Red Sea under French naval escort, after suspending crossings for security risks earlier this month. “In coordination with French naval forces, the CMA CGM...

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The West African Very Large Crude Carrier market has seen a major spike in rates since the start of February, which sources attribute to a sudden clear-out of the tonnage pool in the Atlantic region, steady levels of under-the-surface fixing activity and support from...

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Interocean Marine Services (Interocean), the specialist provider of support services to the offshore, energy, marine and renewable sectors, has kicked off 2024 with the announcements of a new Chief Commercial Office (CCO) and Chief Financial Officer (CFO). Simon Laing...

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