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Commission unveils nearly €3bn to scale up green fuels for aviation and maritime transport
The plan to step up financing for sustainable fuels in shipping and aviation by 2027 comes as the bloc is...
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Two tankers with Russian oil drop anchor at sea in sign sanctions hit sales
Two tankers carrying around 1.5 million barrels of Russian Urals crude have dropped anchor at sea on either end of...
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New LNG carrier Elisa Halcyon delivered to EDF
A new liquefied natural gas (LNG) carrier, Elisa Halcyon, ordered by France LNG Shipping SAS from Hyundai Samho Heavy Industries...
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Drewry: World container index up 8% last week
Drewry’s World Container Index increased 8% to $1,959 per 40ft container this week. Our detailed assessment for Thursday, 06 Nov...
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Diverging supply environment drives clean, dirty tanker rates: International Seaways
Entering the fourth quarter, oil markets will begin to see the global uptick in production finally hitting the water, according...
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Tanker market: Brazil crude oil exports a new factor?
Crude oil exports from Brazil are fast becoming a significant factor in the tanker market. In its latest weekly report,...
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Wan Hai Lines WH A19 successfully rescues two drifting survivors
Wan Hai Lines its vessel WAN HAI A19, while transiting the Eastern Pacific Ocean, successfully rescued two persons adrift at...
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Structural market shifts, not just barrels, powering the dirty rally
Crude freight markets are experiencing a surge, which available data suggests is not solely attributable to extended voyages or an...
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MarTrust and ISWAN Unite to Strengthen Seafarer Wellbeing
MarTrust, part of Marcura, and the crew payments solution supporting more than 150,000 seafarers worldwide, has partnered with the International...
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World Economic Forum chief warns of three possible ‘bubbles’ in global economy
The world should watch out for three possible bubbles in financial markets, including artificial intelligence, the head of the World...
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Exxon enters Greece with gas deal that expands US footprint in eastern Med
Exxon Mobil has signed a deal to explore for natural gas offshore Greece, increasing the U.S. presence in the eastern...
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China begins limited purchases of U.S. farm goods after Trump-Xi meet
China has begun modest purchases of U.S. farm products after the leaders of both countries met last week, but traders...
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US sorghum shipment heads to China after Trump-Xi meeting, grains council chairman says
A shipment of sorghum has been sent from the United States to China over the last week, Mark Wilson, chairman...
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Reliance offers oil after buying at least 12 mln barrels to replace Russian supply, sources say
India’s Reliance is attempting to re-sell some Middle Eastern crude it snapped up last month to replace Russian oil because...
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BMT and Teledyne Marine announce Memorandum of Understanding
BMT is delighted to announce a Memorandum of Understanding (MoU) with The Teledyne Marine Vehicles group which includes Iceland-based Teledyne...
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Russian Oil Exports From Western Ports To Decline Slightly In November, Sources Say
Russia’s oil exports from western ports are expected to decrease slightly in November amid higher refinery runs, yet remain close...
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WSC says financial measures are key in EU’s STIP implementation to make renewable fuels competitive
“The European Commission’s publication today of the Sustainable Transport Investment Plan (STIP) is a promising first step toward accelerating the...
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Baltic Index Extends Gains To Hit Over Two-Week High On Strong Vessel Rates
The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commodities, rose to a more...
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The Nautical Institute and IMarEST refresh international accreditation scheme for maritime training and education
The Institute of Marine Engineering, Science & Technology (IMarEST) and The Nautical Institute have re-launched the Certificate of Excellence (CoE),...
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WinGD and Qatar Shipyard Technology Solutions cooperate on engine service
Swiss marine power company WinGD has signed a memorandum of understanding (MoU) with Qatar Shipyard Technology Solutions, a leading shipbuilder...
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