News Flash | Sea and Job

U-Ming Marine appoints UK technology provider, Anemoi, to install Rotor Sails on a VLOC, in another investment in sustainable initiatives by the Taiwan-based corporation

Leading wind-propulsion technology provider Anemoi Marine Technologies Ltd. (“Anemoi”) and U-Ming Marine Transport Ltd.’s (“U-Ming”) have signed an agreement to install four Rotor Sails on one of U-Ming’s 325,000 DWT Very Large Ore Carriers (VLOC). The installation...

Pacific Basin Orders Four Dual-Fuel Methanol Low-Emission 64,000 dwt Ultramax Newbuilding Vessels from Japan

Pacific Basin Shipping Limited, one of the world’s leading dry bulk shipping companies, today announced following a two and a half year collaboration with Japanese partners Nihon Shipyard Co., Ltd. (Nihon Shipyard Co.) and Mitsui & Co., Ltd. (Mitsui & Co.),...

Asia Fuel Oil-Markets stable, though VLSFO selling interest persists

Asia’s spot fuel oil markets were little changed in quiet trade on Thursday, though selling interest continued to emerge for very low sulphur fuel oil (VLSFO). Multiple spot offers persisted in the spot market, capping benchmarks at the current levels. Meanwhile, the...

Hapag-Lloyd concludes long-term offtake agreement for green methanol

Hapag-Lloyd has reached an agreement with Goldwind, a global strategic partner in clean energy with headquarters in Beijing, China, for the delivery of 250,000 tonnes of green methanol per year. The green methanol will consist of a blend of bio- and e-methanol,...

Asia’s November crude oil imports nudge higher, still heading for annual fall

Asia’s imports of crude oil ticked up slightly in November, led by a recovery by top importer China, but arrivals are still on track to be weaker this year than in 2023. The top crude-buying region is forecast to import 26.42 million barrels per day (bpd) in November,...

Maersk could use 15-20% alternative fuels for its fleet in 2030

Alternative fuels could account for up to a fifth of A.P. Moller-Maersk’s MAERSKb.CO marine fuel consumption in 2030 as part of its goal to reach net zero by 2040, a senior company executive said on Thursday. The container shipping giant typically consumes between 10...

U-Ming Marine appoints UK technology provider, Anemoi, to install Rotor Sails on a VLOC, in another investment in sustainable initiatives by the Taiwan-based corporation

Pacific Basin Orders Four Dual-Fuel Methanol Low-Emission 64,000 dwt Ultramax Newbuilding Vessels from Japan

Asia Fuel Oil-Markets stable, though VLSFO selling interest persists

Hapag-Lloyd concludes long-term offtake agreement for green methanol

Asia’s November crude oil imports nudge higher, still heading for annual fall

Maersk could use 15-20% alternative fuels for its fleet in 2030

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