News Flash | Sea and Job

Baltic Index Drops To More Than Three-Week Low As Larger Vessel Rates Slip

The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, fell to more than a three-week low on Thursday as rates across larger vessels slipped. The index, which factors in rates for capesize, panamax and supramax...

China removing export tax rebate can help curb palm oil UCO fraud, boost domestic biofuels: USDA

China’s removal of the export tax rebate on renewable waste feedstock, such as used cooking oil, could help stop the alleged practice of repackaging virgin palm oil as waste, according to a report from the US Department of Agriculture. The USDA said Nov. 26 that...

Trump plans no exemption for oil imports under new tariff plan, sources say

U.S. President-elect Donald Trump does not intend to spare crude oil from his planned 25% import tariffs on Canada and Mexico, sources told Reuters on Tuesday, as the oil industry warned the policy could hurt consumers, industry and national security. Canada and...

TORM plc capital increase in connection with delivery of two 2015-built MR vessels and exercise of Restricted Share Units as part of TORM’s incentive program

TORM has increased its share capital by 961,823 shares (corresponding to USD 9,618.23) in connection with delivery of two MR vessels and exercise of Restricted Share Units as part of TORM’s incentive program. With reference to Company Announcement no. 30 dated 15 July...

Auramarine secures order for two hybriddiesel and biofuel supply systems for Meriaura

Auramarine, the leading fuel supply systems pioneer for the marine, power and process industries, has announced that it will deliver two shipsets of Diesel Fuel Oil (DFO) and Liquid Biofuel (LBO) supply systems to Meriaura, a leading Finnish shipping company. The...

Asian Shipowners’ Association (ASA) Ship Insurance and Liability Committee (SILC): “End the Unjust Detention of Seafarers! Shipowners Demand Action”

In a powerful call to action, the Asian Shipowners Association’s Ship Insurance and Liability Committee, meeting in Hong Kong, focused on the critical issue of unjust seafarer detention. The committee highlighted a growing crisis that threatens the foundation of the...

Baltic Index Drops To More Than Three-Week Low As Larger Vessel Rates Slip

China removing export tax rebate can help curb palm oil UCO fraud, boost domestic biofuels: USDA

Trump plans no exemption for oil imports under new tariff plan, sources say

TORM plc capital increase in connection with delivery of two 2015-built MR vessels and exercise of Restricted Share Units as part of TORM’s incentive program

Auramarine secures order for two hybriddiesel and biofuel supply systems for Meriaura

Asian Shipowners’ Association (ASA) Ship Insurance and Liability Committee (SILC): “End the Unjust Detention of Seafarers! Shipowners Demand Action”

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