Metis, a leader in digital solutions for fleet performance management, and Nereus Digital Bunkers, a maritime software company specialising in marine fuels have entered into a strategic cooperation which aims to revolutionise bunkering operations through data-driven...

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Asia’s high sulphur fuel oil (HSFO) market posted a recovery on Monday after more buying interest emerged on the derivatives front in recent sessions. Spot trade was still largely thin but paper markets firmed, with some participants buying up inter-month spreads and...

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This year, Korea’s order ratio in the global shipbuilding market is expected to record the lowest level in eight years since 2016. The year 2016 was a time when shipbuilders worldwide went through a downturn, struggling with order shortages and restructuring. The...

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Russian authorities sought to limit the damage on Monday from oil spilled into the Kerch Strait by two ageing tankers that were damaged during a heavy weekend storm, highlighting the environmental and insurance risks of Russia’s ‘shadow fleet’. One crew member was...

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