News Flash | Sea and Job

WinGD Achieves next Ammonia Milestone with First X72DF-A Engine Approval

Swiss marine power company WinGD has achieved another critical milestone on the path to low-carbon shipping using ammonia as a marine fuel, with successful testing of its X72DF-A engine in China. The company has completed the Factory Acceptance Test on the engine,...

Biofuel Bunker Snapshot: Conventional VLSFO price drops weigh on B30 prices

Europe Rotterdam’s B30-VLSFO (POMEME) price has dropped $85/mt in the past week. The Dutch port’s conventional VLSFO price has fallen $67/mt lower, which has cancelled out any support from a Prima Markets-assessed ARA POMEME barge price gain of $27/mt. Gibraltar’s...

The US and Iran have agreed a deal. How soon could things go back to normal?

More than three months after the US and Israel first began their war with Iran, the White House and the Iranian regime have agreed a framework deal to bring about a more long-term end to hostilities. The Middle East crisis sent global oil prices soaring as the...

Shipowners may have window to sell harder-to-place vessels as recycling supply tightens

Shipowners with older or harder-to-place vessels may have a stronger opportunity to test the recycling market over the coming months, as limited demolition supply continues to support recycler appetite despite weaker steel conditions in some key markets. Wirana...

Comments from BIMCO regarding a reported deal between the US and Iran

BIMCO’s executives issued the following comments, after the reported deal between the US and Iran. From Jakob Larsen, Chief Safety & Security Officer at BIMCO: “The statements by the US and Iran are currently unclear and do not offer sufficient information...

Capital Tankers Corp. Announces The Acquisition Of Three Scrubber-Fitted Vlcc Newbuildings With 2027 Deliveries

Capital Tankers Corp., an international shipping company focused on crude oil transportation, today announced the acquisition from Capital Maritime & Trading Corp. (“Capital Maritime”) of three VLCC shipbuilding contracts for vessels under construction at Hengli...

WinGD Achieves next Ammonia Milestone with First X72DF-A Engine Approval

Biofuel Bunker Snapshot: Conventional VLSFO price drops weigh on B30 prices

The US and Iran have agreed a deal. How soon could things go back to normal?

Shipowners may have window to sell harder-to-place vessels as recycling supply tightens

Comments from BIMCO regarding a reported deal between the US and Iran

Capital Tankers Corp. Announces The Acquisition Of Three Scrubber-Fitted Vlcc Newbuildings With 2027 Deliveries

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