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UK P&I Club announces strong results for 2024 renewals season; reinforcing platform for growth as maritime market demands evolve.

UK P&I Club announces strong results for 2024 renewals season; reinforcing platform for growth as maritime market demands evolve.

The UK P&I Club has announced the successful completion of the P&I renewal for 2024. The 2024 renewal focus has...
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Asia Fuel Oil-VLSFO cash premium inches up, but bunker demand slows.

Asia Fuel Oil-VLSFO cash premium inches up, but bunker demand slows.

Asia’s cash premium for Very Low Sulphur Fuel Oil (VLSFO) edged up on Tuesday, though bunker premiums remained at a...
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NorthStandard posts strong renewal results one year on from the merger

NorthStandard posts strong renewal results one year on from the merger

NorthStandard confirms strong renewal results across the board, in its first year of operation. NorthStandard reports a rise in premium...
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Orca AI platform drives significant reduction in CO2 emissions and fuel spending across the 267-strong fleet in 2023

Orca AI platform drives significant reduction in CO2 emissions and fuel spending across the 267-strong fleet in 2023

A comprehensive analysis by maritime technology company Orca AI shows that its market-leading automated situational awareness platform achieved significant operational...
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CMA CGM says the ship transited the Red Sea under French naval escort.

CMA CGM says the ship transited the Red Sea under French naval escort.

French shipping and transport company CMA CGM said on Tuesday that its Jules Verne container ship transited the Red Sea...
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WAF-East VLCC rates hit eight-month high as tonnage supply remains limited

WAF-East VLCC rates hit eight-month high as tonnage supply remains limited

The West African Very Large Crude Carrier market has seen a major spike in rates since the start of February,...
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Interocean Marine Services positions for a strong 2024 with new Leadership and Brand

Interocean Marine Services positions for a strong 2024 with new Leadership and Brand

Interocean Marine Services (Interocean), the specialist provider of support services to the offshore, energy, marine and renewable sectors, has kicked...
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How the extended EU Emissions Trading System will impact maritime transport and ports

How the extended EU Emissions Trading System will impact maritime transport and ports

From 1 January this year, global shipping is now a part of the European Union’s Emissions Trading System (EU ETS),...
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Yemen’s Houthis say ship attacked in Gulf of Aden may sink

Yemen’s Houthis say ship attacked in Gulf of Aden may sink

Yemen’s Houthi militants said on Monday they had attacked another cargo vessel in the Gulf of Aden which was at...
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Red Sea disruption to impact deliveries, not output – QatarEnergy CEO

Red Sea disruption to impact deliveries, not output – QatarEnergy CEO

Disruption to shipping in the Red Sea region will impact QatarEnergy’s deliveries of liquefied natural gas (LNG) but not its...
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Kalmar straddle carriers to continue to help SOMACOM deliver top-class service at Ile de la Réunion

Kalmar straddle carriers to continue to help SOMACOM deliver top-class service at Ile de la Réunion

Kalmar, part of Cargotec, and DMP SAS, Kalmar’s regional dealer, have concluded an agreement with Société De Manutention Et De...
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Oriani Hellas Announces a New Partnership with Vsltec to Revolutionize the Management of Technical Services on Board

Oriani Hellas Announces a New Partnership with Vsltec to Revolutionize the Management of Technical Services on Board

Oriani Hellas, a leading digital transformation consultant in the maritime industry, is proud to announce its partnership with Vsltec, an...
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Chemship blazes the trail with wind propelled chemical tanker: Targets 15% CO2 savings on Transatlantic route

Chemship blazes the trail with wind propelled chemical tanker: Targets 15% CO2 savings on Transatlantic route

Chemship commissioned its first ship with wind assisted ship propulsion. This makes the MT Chemical Challenger the first chemical tanker...
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Pavilion Energy Concludes First Ship-To-Ship LNG Bunkering Operation To Rio Tinto In Singapore

Pavilion Energy Concludes First Ship-To-Ship LNG Bunkering Operation To Rio Tinto In Singapore

Pavilion Energy has successfully deployed the newbuild LNG Bunker Vessel Brassavola for her maiden Ship-to-Ship (STS) LNG bunkering operation, delivering...
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Baltic index climbs to over one-month high on sturdier vessel rates

Baltic index climbs to over one-month high on sturdier vessel rates

The Baltic Exchange’s dry bulk sea freight index hit a more than one-month high on Monday, as climbing rates across...
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US drillers cut oil and gas rigs for second time in three weeks – Baker Hughes

US drillers cut oil and gas rigs for second time in three weeks – Baker Hughes

U.S. energy firms this week cut the number of oil and natural gas rigs operating for the second time in...
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Weathernews launches “Berth Waiting Forecast” service: Your solution to predicting port congestion

Weathernews launches “Berth Waiting Forecast” service: Your solution to predicting port congestion

Weathernews Inc., a global leader in weather intelligence, introduces its latest innovation, the “Berth Waiting Forecast. This solution enables improved...
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Metals investment: the darkest hour is just before the dawn

Metals investment: the darkest hour is just before the dawn

Things often seem at their worst just before they get better. In terms of meeting our net zero 2050 scenario,...
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Yemen’s Houthis claim missile attack on oil tanker in Red Sea

Yemen’s Houthis claim missile attack on oil tanker in Red Sea

Yemen’s Iran-aligned Houthis claimed responsibility on Saturday for an attack on the oil tanker M/T Pollux, which U.S. officials said...
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Cosco Shipping expects $1.9 mil earnings for FY2023 in profit guidance

Cosco Shipping expects $1.9 mil earnings for FY2023 in profit guidance

The board of Cosco Shipping International (Singapore) F83 – has announced that it expects to report earnings of approximately $1.9...
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