News Flash | Sea and Job

Cost volatility in shipping – a growing risk for shippers

Spot rates on the East-West routes are the most volatile; rates on intra-Asia routes the most stable. So, what are the implications for shippers? More than five years have passed since the huge shipping disruptions, damaging port congestion and cost spikes of the...

Wärtsilä hybrid propulsion solution to optimise efficiency and enable zero emissions for four new Dutch vessels

Technology group Wärtsilä will supply an integrated hybrid propulsion solution for four new 10,700 DWT geared tween decker vessels being built for Dutch ship owner and maritime service provider Vertom Group. Combining the Wärtsilä 25 medium-speed 4-stroke engine with...

MOL Group to Participate in Maritime Innovation Accelerator Program for Startups- Driving Innovation in the Shipping Industry and Strengthening Support for Startups

Mitsui O.S.K. Lines, Ltd. announced that its Singapore Sub-Headquarters, MOL (Asia Oceania) Pte. Ltd. (MOLAO; Managing Director: Sakura Kuma; Headquarters: Singapore) has decided to participate for the first time as an innovation partner in the PIER71TM (Note 1) Smart...

Discounts deepen on Iranian oil in China as struggling teapots slow buying

Sellers of Iranian oil to China are offering deeper discounts this month as they look to reduce inventories and as independent refiners slow their buying due to a jump in crude prices, traders and analysts said. Iranian Light crude oil is being traded at $3.30-$3.50 a...

ABS Chairman and CEO Urges Greek Maritime Leaders to Align Strategy with Regulation, Technology, and Safety

“Every owner’s playbook needs to keep a line of sight on three things – regulation, technology readiness timelines and boundary conditions – and must include the elements needed for a short-, mid- and long game such as energy retrofits, electrification and nuclear.”...

Spoof vessel signals pose challenge to Middle East LNG transit

Much focus from energy companies tracking hostilities between Israel and Iran has been on higher oil, gas and LNG prices but compromises to critical regional shipping data pose risks both to safety and wider data analysis. The corruption of the automated ship signal...

Cost volatility in shipping – a growing risk for shippers

Wärtsilä hybrid propulsion solution to optimise efficiency and enable zero emissions for four new Dutch vessels

MOL Group to Participate in Maritime Innovation Accelerator Program for Startups- Driving Innovation in the Shipping Industry and Strengthening Support for Startups

Discounts deepen on Iranian oil in China as struggling teapots slow buying

ABS Chairman and CEO Urges Greek Maritime Leaders to Align Strategy with Regulation, Technology, and Safety

Spoof vessel signals pose challenge to Middle East LNG transit

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