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Platts includes SA Horizon FSU in Singapore fuel oil cargo, ex-wharf bunker MOC from May 22

Platts includes SA Horizon FSU in Singapore fuel oil cargo, ex-wharf bunker MOC from May 22
Platts, part of S&P Global Commodity Insights, has included the vessel SA Horizon as an additional loading point in its Platts Singapore Market on Close assessment process for cargo and ex-wharf bunkers for marine fuel 0.5% and 380 CST HSFO from May 22. SA Horizon...
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RightShip Seeks New Competencies to Remain Leaders in Maritime AI

RightShip Seeks New Competencies to Remain Leaders in Maritime AI
RightShip’s mission is to enable our customers to achieve Zero Harm in the global maritime value chain – zero harm to vessels, to people, and to environment – through unique data and actionable insights. We do this by constantly strengthening our market and product...
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HD Korea Shipbuilding wins contract for two LNG bunkering vessels worth 270.6 billion won

HD Korea Shipbuilding & Offshore Engineering, the intermediate holding company of HD Hyundai specialized in shipbuilding, announced on May 23 that it has recently signed a contract to build two 18,000-ton LNG bunkering vessels with a shipping company based in...
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MOL Signs Long-Term Time Charter Deal for Newbuilding LNG-fueled VLCC to Serve Idemitsu Tanker- 1st LNG dual-fuel VLCC for a Japanese Oil Company

Mitsui O.S.K. Lines, Ltd. announced that it has decided to order a new LNG-fueled very large crude carrier (VLCC) to sail under a long-term time charter contract with Idemitsu Tanker Co., Ltd. (President: Tomio Inagaki; Head Office: Chiyoda-ku, Tokyo). It will be the...
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Sanctions send Russian tanker group Sovcomflot to $393 million net loss

Sanctions send Russian tanker group Sovcomflot to $393 million net loss
Russia’s leading tanker group Sovcomflot FLOT plunged to a net loss of $393 million in the first quarter, blaming the slump on new Western sanctions that have led to operational problems, lower revenues and some vessels sitting idle. Sovcomflot’s financial pressures...
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MARPOL Update Raises Bar For Sampling But Non-Compliance Risks Increase

MARPOL Update Raises Bar For Sampling But Non-Compliance Risks Increase
CM Technologies (CMT) is advising shipowners and operators to urgently review their fuel and lubricating oil sampling practices following the entry into force of revised IMO guidelines. Recent amendments to MARPOL Annex VI and SOLAS Chapter II-2 include a 50% increase...
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Recent News

  • Global shipbuilding orderbook hits all-time high of 435.8m gt
  • Canada commits $181m to expand Port Saint John trade corridor
  • US sanctions nine ships, law firm and shipping agents over Iran-linked trade
  • HD Hyundai completes world-first ammonia dual-fuel VLAC
  • Crude freight from Middle East Gulf to Asia tops $37 per barrel, up fivefold
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