News Flash
China iron ore imports head for record even as steel output slips
China is on track to import record volumes of iron ore in October, increasing the divergence between the demand for...
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Unsure about CII compliance? Here’s how energy saving technologies can help
Energy saving technologies can lower your fuel bill and reduce vessel emissions. But which ones are best for CII compliance?...
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Asia-USWC container rates edge higher on late-season holiday demand
Shipping container rates from east Asia and China to the US West Coast rose this week, reversing a trend that...
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Russia’s Oct pipeline gas exports to Europe up 2.5% y/y, calculations show
Russian energy giant Gazprom’s GAZP.MM average daily natural gas supplies to Europe in October edged up by 2.5% a year...
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Russia’s Jan-Oct LNG exports up 6%, data shows
Russia’s January to October exports of liquefied natural gas (LNG) increased by 6% from a year earlier to 26.4 million...
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Samsung Heavy Industries Secures $390 Mil. Contract for Four Suezmax Tankers
Samsung Heavy Industries Co. announced on Nov. 1 that it has secured a significant contract to supply four Suezmax tankers...
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Charting a new course with CirclesOfLife: circular and zero-emission shipbuilding
As a member of CirclesOfLife, the NGO Shipbreaking Platform is pleased to share the consortium’s latest press release and eager...
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Americas Fuel Availability Outlook
In Houston, bunker fuel availability is tight until next week, as many suppliers are fully booked. Both VLSFO and LSMGO...
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Make clean fuels available: European Shipowners and Transport & Environment call to prioritise energy transition of shipping under Clean Industrial Deal
In a joint statement released today, European Shipowners and European green transport group Transport & Environment (T&E) call upon EU...
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US LNG exports to rise at smallest pace since 2016
U.S. liquefied natural gas exports this year will rise about 2%, analysts estimate, the smallest annual increase since 2016 when...
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Asia Fuel Oil-Upbeat spot activity; markets cautious on Dec fundamentals
Asia’s fuel oil markets continued to see a flurry of spot activity in the trading window on Friday amid higher...
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Maersk sees no Suez Canal return until ‘well into 2025’ due to Red Sea threat
A.P. Moller-Maersk expects strong demand for shipping goods around the world to continue in the coming months, but sees no...
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Baltic Index Logs Fifth Weekly Loss On Weaker Rates Across All Vessel Segments
The Baltic Exchange’s dry bulk sea freight index fell on Friday and posted its fifth straight weekly loss, weighed by...
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Panama Canal seeks LNG comeback after 65% decline in traffic
The Panama Canal aims to regain vessel traffic carrying U.S. liquefied natural gas to Asia as demand in that market...
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Baltic index falls as capesize rates decline
The Baltic Exchange’s main sea freight index tracking rates for ships carrying dry bulk commodities fell on Wednesday, weighed down...
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Maersk to buy bio-methanol shipping fuel from China’s LONGi
Danish shipping group A.P. Moller-Maersk (MAERSKb.CO), opens new tab said on Wednesday it has signed a long-term deal for the supply of...
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Rolls-Royce develops new mtu energy and automation solutions for future submarines
Rolls-Royce is developing new and advanced concepts to show navies how they can meet the growing challenges of undersea national...
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Mitsubishi Power Receives Order for Facility Retrofit at the Darajat Geothermal Power Plant in Indonesia
Mitsubishi Power, a power solutions brand of Mitsubishi Heavy Industries, Ltd. (MHI), has received a turnkey contract from Star Energy...
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East Java Multipurpose Terminal partners with Sinarmas LDA Usaha Pelabuhan
East Java Multipurpose Terminal (EJMT), International Container Terminal Services, Inc.’s (ICTSI) operation in Lamongan Regency, Indonesia, has appointed Sinarmas LDA...
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Asyaport: Pioneering Maritime Logistics Decarbonization with Onshore Power
Asyaport has become the first port in Türkiye to offer shore power to container vessels: an important milestone for decarbonizing...
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