Asia’s hi-5 fuel oil spread narrowed further on Wednesday as the very low sulphur fuel oil (VLSFO) held onto a bearish tone. The hi-5, which reflects the premium of VLSFO over 380-cst HSFO, closed at about $72 a metric ton, based on LSEG data. The spread has shown...

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Pooling is often presented as the simplest answer to the requirements of the FuelEU Maritime regulation. But the reality is more complex: in many cases, other strategies such as biofuel blending, internal pooling, or technical measures are cheaper in the long term....

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DNV and HD KSOE have announced a strategic collaboration to deploy a next-generation digital twin-based Operator Training Solution (HiDTS-OTS), successfully demonstrated at Gastech. The solution is designed to enhance the safety and efficiency of maritime operations....

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Japan’s largest power generation company, JERA, sees a shortage of LNG supply relative to demand and the vacuum purchasing of spot LNG as “the worst-case scenario” over the next five to 10 years amid changing energy market dynamics, Global CEO and Chairman Yukio Kani...

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Inmarsat Maritime, a Viasat company, together with distribution partner Station Satcom have secured an order to install NexusWave on a bulk carrier managed by Singapore-based Norse Ship Management as the ship manager looks to meet the growing demands for crew and...

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ABB has signed a memorandum of understanding (MoU) with Swedish nuclear energy company Blykalla to support and accelerate the deployment of small modular lead-cooled reactors to the maritime industry. Building on the terms of an existing MoU between Blykalla and ABB...

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