Baleària is taking another step forward in its roadmap towards decarbonisation and has begun regularly incorporating bioLNG in its operations. The Margarita Salas, Abel Matutes and Rusadir vessels, which have dual gas engines, have been powered exclusively by this...

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Asia fuel oil markets softened at the end of the trading week, as ample prompt supply continued to weigh on recovery. Malaysia’s PRefChem continued to offer residual fuel. The refiner offered 540,000 tons of low-sulphur atmospheric residue for loading between October...

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The Baltic Exchange’s dry bulk sea freight index, which monitors rates for vessels moving dry bulk commodities, edged down on Friday and logged its steepest weekly decline in more than eight months. The main index, which factors in rates for capesize, panamax and...

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The seminar took the theme of The Fuel Landscape and attracted a high-calibre panel to lead the discussion on what the industry needs to do to meet Net Zero and the increasingly loud voices to switch vessels to more eco-friendly fuel sources. Krystyna Tsochlas, Head...

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Fuel oil used in ships and power plants is seeing unexpected demand, with efforts to curb its use more than offset by an expanding shadow fleet of oil tankers serving Russia and others, and longer shipping routes as vessels avoid the Red Sea. Instead of switching to...

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The push for digitalisation in shipping is less a gentle tide and more a high-stakes race against obsolescence, according to speakers gathered at London International Shipping Week (LISW). Two panels focused on the twin challenges of integrating advanced technology...

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