Eco Marine Power Co., Ltd. (Eco Marine Power) announced today that it has commenced evaluation trials of its updated solar power system known as Aquarius Marine Solar Power, and the first of several photovoltaic (PV) module technologies. These trials, planned to run...

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Asia’s very low sulphur fuel oil (VLSFO) market continued to weaken on Friday, while the hi-5 spread narrowed from the previous week. Singapore cash premium for VLSFO traded lower at $1 a metric ton for mid-August loading dates, while spot offers for dates into...

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Columbia Group is calling for urgent reforms in maritime education to address a growing shortage of qualified seafarers and to secure the future of the Greek shipping industry.

Despite Greece’s status as a global shipping powerhouse, controlling more than 20% of the...

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The Union of Greek Shipowners published today its 2024-2025 Annual Report, which presents detailed statistics and insights into the main features of the Greek fleet and its vital role for the global, European and national economy and society. Greek shipping remains...

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The Baltic Exchange’s main sea freight index, which measures rates for ships carrying dry bulk commodities, edged higher on Friday but logged its worst week since early-June, weighed down by lower rates across all vessel segments. The main index, which tracks rates...

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Indian state refiners have stopped buying Russian oil in the past week as discounts narrowed this month and U.S. President Donald Trump warned against purchasing oil from Moscow, industry sources said. India, the world’s third-largest oil importer, is the biggest...

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