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EU shipping emissions last year highest since official recording began

EU shipping emissions reached their highest levels last year since the EU introduced mandatory reporting in 2018, T&E’s analysis of official EU MRV data shows. A jump of 13% came despite a downtick in EU-related seaborne trade, with disruption of trade through the...

Asia fuel oil markets close in range-bound discounts

Asia’s spot market differentials for key fuel oil grades closed in range-bound discounts from the previous session, with several trades emerging for 380-cst high sulphur fuel oil (HSFO) at similar values from the previous day. Active trading prevailed on Friday for...

MAST, Incubated by MOL Icubation Bridge, launches the industry’s first neutral trading platform for spot air cargo

Mitsui O.S.K. Lines, Ltd. (MOL; President & CEO: Takeshi Hashimoto) today announced that MAST Ltd. (President: Tomohiro Takahashi; Head Office: Minato-ku, Tokyo), established through the MOL Incubation Bridge (Note 1), has launched “Umbrair,” the first neutral and...

Commission unveils nearly €3bn to scale up green fuels for aviation and maritime transport

The plan to step up financing for sustainable fuels in shipping and aviation by 2027 comes as the bloc is falling short of decarbonizing heavy transport by 2050. The European Commission announced a €2.9 billion plan to scale up investments in green fuels by 2027 to...

Two tankers with Russian oil drop anchor at sea in sign sanctions hit sales

Two tankers carrying around 1.5 million barrels of Russian Urals crude have dropped anchor at sea on either end of the Suez Canal, in an apparent sign of the difficulty Moscow is having selling oil after Western sanctions were tightened last month. The vessels Sikar...

New LNG carrier Elisa Halcyon delivered to EDF

A new liquefied natural gas (LNG) carrier, Elisa Halcyon, ordered by France LNG Shipping SAS from Hyundai Samho Heavy Industries in Korea, was completed and delivered on October 31. The vessel will be chartered on a long-term basis (up to 20 years) to EDF LNG Shipping...

EU shipping emissions last year highest since official recording began

Asia fuel oil markets close in range-bound discounts

MAST, Incubated by MOL Icubation Bridge, launches the industry’s first neutral trading platform for spot air cargo

Commission unveils nearly €3bn to scale up green fuels for aviation and maritime transport

Two tankers with Russian oil drop anchor at sea in sign sanctions hit sales

New LNG carrier Elisa Halcyon delivered to EDF

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