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Erma First Group Acquires Ecochlor To Lead The Global BWTS Market

ERMA FIRST GROUP has successfully completed the acquisition of Ecochlor, in a move that reinforces its position as a trusted provider of ballast water treatment and advanced decarbonisation solutions. Broadening the range of ultra-efficient ballast water treatment...
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Lloyd’s Register Maritime Decarbonisation Hub joins call to accelerate adoption of zero-emission fuels by 2030 for a sustainable shipping future

Global industry leaders build on momentum from previous COPs to strengthen targets and commit to increasing the uptake of zero or near-zero GHG emission shipping fuels to at least 5%, striving for 10%, by 2030. Lloyd’s Register Maritime Decarbonisation Hub has joined...
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Baltic index hits one-month high as larger vessel rates rise

The Baltic Exchange’s main sea freight index rose for a sixth consecutive session on Tuesday, reaching nearly a one-month high, driven by strong gains in capesize and panamax vessel rates. The index, which factors in rates for capesize, panamax and supramax shipping...
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Asia Distillates-More than 1.2mln bbls traded on window; more refiner sales emerge

Asia Distillates-More than 1.2mln bbls traded on window; more refiner sales emerge
Asia’s middle distillates markets saw a record number of spot deals on the trading window for the first time this year, as selling pressures heated up with more than 1.2 million barrels being traded, while refiners emerged with more December spot sales. A total of...
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Propspeed® Enables Vremar Srl’s Crew Support Vessel King David To Achieve Significant Fuel Savings

Propspeed® Enables Vremar Srl’s Crew Support Vessel King David To Achieve Significant Fuel Savings
Propspeed, the leading innovator of underwater foul-release coatings, announced today the successful evaluation of its coating system on VREMAR SRL’s crew support vessel King David. Conducted by Technical Manager, Massimiliano Rossetti and the vessel owner Marco...
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Saudi crude oil supply to China to fall in December on weak demand

Saudi Arabia’s crude oil supply to China is set to fall to about 36.5 million barrels in December, trade sources said on Monday, on weak demand from the world’s largest importer. This is a second straight month of decline and the lowest volume since July, down from...
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