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TEN Ltd. Is Positive on Tanker Market’s Short Term Prospects

TEN Ltd. Is Positive on Tanker Market’s Short Term Prospects

TEN, Ltd (TEN) reported results (unaudited) for the nine months and third quarter ended September 30, 2024. NINE MONTHS 2024...
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MPC Container Ships: Significant earnings visibility from further increased charter backlog

MPC Container Ships: Significant earnings visibility from further increased charter backlog

Highlights Charter backlog increased to USD 1.2 billion with increased contract coverage for 2025 (85%) and 2026 (57%) Quarterly recurring...
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Baltic index snaps six-session losing streak as capesize rates gain

Baltic index snaps six-session losing streak as capesize rates gain

The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, snapped a six-session...
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MSC Onboards all Vessels on the Source2Sea Digital Marine Platform

MSC Onboards all Vessels on the Source2Sea Digital Marine Platform

As the first shipping company, MSC cracks complex supply ordering of marine provisions and general marine supply by moving their...
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Auramarine and Quadrise join forces to support maritime decarbonisation

Auramarine and Quadrise join forces to support maritime decarbonisation

Auramarine Ltd., the leading fuel supply systems pioneer for the marine and other industries and Quadrise Plc, the supplier of...
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Lloyd’s Register completes acquisition of Ocean Technologies Group

Lloyd’s Register completes acquisition of Ocean Technologies Group

Lloyd’s Register Group (LR), a global provider of maritime professional services and digital solutions, has completed the acquisition of Ocean Technologies...
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Wallenius Wilhelmsen: Introducing BAF2.0: a multi-fuel BAF for a net-zero future

Wallenius Wilhelmsen: Introducing BAF2.0: a multi-fuel BAF for a net-zero future

Wallenius Wilhelmsen is launching a re-engineered bunker adjustment factor, BAF2.0, to prepare for future fuels on the path to net-zero...
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Pioneering high-tech, green shipbuilding in India

Pioneering high-tech, green shipbuilding in India

India is determined to join the world’s top shipbuilding and shipping nations. Backed by an ambitious government programme and advanced...
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Singapore, Rotterdam ports say no reports as yet of cashew nutshell marine fuel problems

Singapore, Rotterdam ports say no reports as yet of cashew nutshell marine fuel problems

Port authorities in Singapore and Rotterdam said they have not received reports of vessels experiencing problems related to the use...
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Asia Fuel Oil-VLSFO premium steadies, though market structure softens

Asia Fuel Oil-VLSFO premium steadies, though market structure softens

Asia’s spot premium for very low sulphur fuel oil (VLSFO) held steady on Monday, although the market structure softened at...
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Marine Fuel Problems Persist Five Years On From IMO 2020 Sulphur Cap Rules

Marine Fuel Problems Persist Five Years On From IMO 2020 Sulphur Cap Rules

As the fifth anniversary of the IMO 2020 Sulphur Cap approaches, fuel compatibility and viscosity problems continue to result in...
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China to Mexico West Coast – a case for data-driven freight strategies

China to Mexico West Coast – a case for data-driven freight strategies

Predicting how and why ocean container shipping rates rise or fall is not an easy task and means shippers struggle...
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Baltic index hits more than two-week low as larger vessel rates dip

Baltic index hits more than two-week low as larger vessel rates dip

The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, fell to its...
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J.P. Morgan sees Brent oil price averaging $73 a barrel in 2025

J.P. Morgan sees Brent oil price averaging $73 a barrel in 2025

J.P. Morgan sees the price of Brent oil averaging $73 per barrel (/bbl) in 2025 and expects it to close...
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US natgas producers chase driven surge in power demand to weather low prices

US natgas producers chase driven surge in power demand to weather low prices

Shale gas producers in the U.S. Permian Basin are sounding out data-center operators building up capacity to power a boom...
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BHP bets billions on Chile mines to face global copper crunch

BHP bets billions on Chile mines to face global copper crunch

BHP Group expects a global copper deficit of 10 million metric tons a decade from now, a shortfall that is...
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S.Korean firms bet big on US LNG market under new Trump gov’t

S.Korean firms bet big on US LNG market under new Trump gov’t

South Korean energy and shipbuilding companies are gearing up for a swift advance into the US liquefied natural gas (LNG)...
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Rep. Barragán Introduces Zero-Emission Vessel Innovation Act

Rep. Barragán Introduces Zero-Emission Vessel Innovation Act

Congresswoman Nanette Barragán (D-CA) introduced the Zero-Emission Vessel Innovation Act, a bill that would support the development and deployment of...
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Cashew nutshell marine biofuel causes problems for some ships, says testing agency

Cashew nutshell marine biofuel causes problems for some ships, says testing agency

Several ships in Singapore and Rotterdam reported operational problems in recent months after using marine fuel blended with cashew nutshell...
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How much does LNG emit before it burns on a ship?

Oil and gas majors and some shipping companies present liquefied fossil natural gas (LNG) as a cleaner alternative to traditional...
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