News Flash
Reinsurance arrangements for the 2025 policy year arranged through the International Group of P&I Clubs
Reinsurance arrangements for the 2025 policy year for P&I entries with Gard P. & I. (Bermuda) Ltd and Assuranceforeningen Gard...
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Attica Group Chooses Orbyt Global and Telenor Maritime to Deliver the Industry’s Best Onboard Connectivity
Orbyt Global and Telenor Maritime are proud to announce a significant milestone: a three-party partnership with Attica Group to provide...
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WinGD completes first full-load running of X-DF-M engine on methanol fuel
Swiss marine power company WinGD has reached a milestone in realising its X-DF-M methanol-fuelled engine design, running the first commercial...
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Seafarers more likely to ‘express what’s really going on’ thanks to VIKAND’s crew welfare technology
A global leader in maritime healthcare and wellbeing solutions, VIKAND, says the number of seafarers who are ‘opening up’ and...
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Asia Fuel Oil-Spot premiums capped while Singapore stockpiles soar
Spot fuel oil premiums were capped on Thursday, while weekly onshore inventories at Singapore spiked to their highest in more...
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India to surpass China as the top source of global oil consumption growth in 2024 and 2025
India has emerged as the leading source of growth in global oil consumption in 2024 and 2025, overtaking China this...
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Wärtsilä Gas Solutions service agreement will optimise liquefaction operations for five GasLog LNG Carriers
Wärtsilä Gas Solutions, part of technology group Wärtsilä, has signed a three-year Service & Maintenance Agreement with Greek fleet-owner GasLog...
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NYK and Yusen Logistics to Introduce Platform to Manage GHG-Emission Reductions Jointly Supporting Customers’ Scope 3 Reductions
Nippon Yusen Kabushiki Kaisha (NYK) and Yusen Logistics Co., Ltd. (YL) have introduced a digital platform for managing greenhouse gas...
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Baltic index extends losses on weaker capesize, supramax rates
The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, extended losses to...
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Wärtsilä propulsion package to power world’s largest methanol-ready cement carrier vessel
Technology group Wärtsilä’s focus on supporting the marine industry’s efforts to decarbonise operations continues to drive concrete steps forward. The...
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Bureau Veritas and Samsung Heavy Industries Co., Ltd. announce partnership to develop Carbon Capture and Storage Solutions
Bureau Veritas Marine & Offshore (BV), a world leader in testing, inspection, and certification, is partnering with Samsung Heavy Industries...
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NYK and ENEOS Sign Agreement for Sale and Purchase of Marine Fuel with CDR Credits Created Through DACCS
On December 11, Nippon Yusen Kabushiki Kaisha (“NYK”) and ENEOS Corporation (“ENEOS”) signed an Agreement regarding the sale and purchase...
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Encouraging younger people into the maritime industry and adapting to meet their needs is vital for the future of the industry, says MCTC
One of the biggest challenges as we head into 2025 will be attracting young people to the industry and meeting...
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Monjasa explores LNG bunkering in the UAE
Global top 10 marine fuels supplier, Monjasa, introduces the UAE’s first dedicated LNG Bunker Vessel (LBV), Green Zeebrugge (5,000 cubic...
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Guy Hindley appointed new Baltic Exchange Chairman
Guy Hindley has been appointed as the new Chairman of the Baltic Exchange Council, with effect from 1 January 2025,...
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New International Chamber of Shipping Secretary General announced
At a special meeting of the board, held on-line, the International Chamber of Shipping (ICS) have unanimously appointed Thomas A....
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Asia fuel oil prices capped in early 2025 but supply risks loom
Asia’s fuel oil premiums and refining margins will be capped by ample supply in early 2025, but cleaner shipping fuel...
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Outcomes of the IMO Maritime Safety Committee, 109th session (MSC 109)
MSC 109 highlights Attacks against seafarers and international shipping Amendments adopted to IGC and IGF Codes Goal-based new ship construction...
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Baltic index hits 17-month low as all vessel segments post declines
The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, fell on Wednesday,...
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India’s GAIL to receive 12 LNG cargoes/year from Qatar Energy Trading starting 2025
India’s GAIL has awarded its LNG purchase tender for procuring 12 cargoes per year starting in April 2025 for a...
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