Trafigura has envisaged various types of marine fuels in its bunker mix amid a fragmented regulatory landscape, Global Head of Shipping Andrea Olivi said, after the International Maritime Organization failed to adopt a global emissions regulatory framework. One of the...

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The volume of oil stored onboard ships in Asian waters doubled in recent weeks after tightening western sanctions hit imports from China and India and as a shortage of import quota curbed demand from independent Chinese refiners, analysts said. The European Union,...

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The Baltic Exchange’s dry bulk sea freight index, which monitors rates for vessels moving dry bulk commodities, snapped a four-day winning streak on Monday, pressured by declining capesize vessel rates. The main index, which factors in rates for capesize, panamax and...

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OneOcean has joined Rightship’s Zero Harm Innovation Partners Program, in a collaboration that recognises both organisations’ commitment to supporting seafarers, ship managers, and operators with cutting-edge tools and knowledge to improve safety, performance, and...

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Piracy activity off Somalia has flared sharply since late October. Coordinated Pirate Action Groups (PAGs) are using hijacked dhows as motherships to push attacks far offshore with RPGs and automatic weapons. In the most serious case, the HELLAS APHRODITE was boarded...

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