Eco-anxiety is becoming an increasingly common concern among younger professionals entering the maritime sector, according to AVS Global Ship Supply. The company warns that unless the industry accelerates its climate commitments, it risks losing connection with the...

Read More

“Nuclear energy is stepping forward as a credible long-term solution” stated Christopher Wiernicki, Chairman and CEO of the American Bureau of Shipping, as some of the world’s leading shipowners and operators gathered at ARGO: New Nuclear for Greek Maritime in Athens...

Read More

The region’s shipping community is increasingly aware of the need to cut emissions and is taking steps towards decarbonization. While progress is uneven, responses from shipping companies, ports, suppliers, and civil society point to both growing awareness and...

Read More

Spot differentials in the Asia fuel oil market were broadly stable on Friday amid thin activity and absent fresh drivers, while cracks also traded rangebound from the previous day. Singapore’s 380-cst high sulphur fuel oil (HSFO) cash differential widened slightly to...

Read More

A tanker under U.S. sanctions has moved from the Arctic LNG 2 plant east along Russia’s Northern Sea Route, data from LSEG and market sources showed. The Northern Sea Route, which Moscow wants to turn into a new Suez Canal, is challenging for ships due to thick ice in...

Read More

Platts, part of S&P Global Commodity Insights, wishes to clarify that the boil-off rate used for LNG freight route cost calculations is 0.04%. As such, the methodology for LNG global freight route costs will now state: This value is based on applying the relevant...

Read More