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H2 Energy and DFDS publish new hydrogen propulsion feasibility study
During the past year, H2 Energy and DFDS have worked together on a project to analyse the feasibility of retrofitting...
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Asia Fuel Oil-HSFO discount narrows on firmer bid but trade lull continues
Spot discounts for high sulphur fuel oil narrowed on Wednesday amid the emergence of a firmer bid, though a wider...
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Rio Tinto’s first-quarter iron ore shipments fall 5%, missing estimates
Rio Tinto reported a 5% fall in its first-quarter iron ore shipments on Wednesday, missing estimates, because of weather disruptions...
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Baltimore’s alternate shipping channels not deep enough, Maersk says
The Baltimore port’s alternate shipping channels are not deep enough to accommodate the oceangoing container vessels that Maersk and other...
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Baltic index gains as rates firm for all vessels
The Baltic Exchange’s main dry bulk sea freight index rose on Wednesday, aided by rising rates across all vessel segments...
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Facilitation Committee tackles digitalization and autonomous shipping
IMO’s Facilitation Committee has taken steps to further advance the digitalization of the shipping sector, while addressing cyber-security threats and...
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Iran working to safeguard oil exports in region, official says
Iran’s Deputy Oil Minister Morteza Shahmirzaei told a conference in Moscow via video link on Tuesday that his country was...
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CMA CGM AIR CARGO accelerates its development with the arrival of three B777F and the opening of a transpacific service
CMA CGM AIR CARGO will begin operating a transpacific route connecting Asia to North America in summer 2024. The launch...
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ClassNK grants Innovation Endorsements for Products & Solutions to three solutions developed by iO3
ClassNK has granted its Innovation Endorsements for Products & Solutions*1 to an internet payment facility ‘V.Pay’, an AI maritime camera...
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Hapag-Lloyd and Seaspan to retrofit five vessels to methanol propulsion
Hapag-Lloyd and Seaspan Corporation enter into a partnership agreement to retrofit and convert five 10,100 TEU container ships powered by...
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Coastal Sustainability Alliance Boosts Development And Adoption Of Maritime Biofuel In Singapore
The Coastal Sustainability Alliance (CSA), an industry collaborative effort led by Kuok Maritime Group (“KMG”), today announced its plans to...
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China’s iron ore imports rise as inventories build: Russel
Iron ore has emerged as the surprise in China’s first quarter commodity imports, with arrivals posting strong gains despite the...
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HSFO East-West swap hits five-month high amid supply overhang in Asia, European demand uptick
The 380 CST East-West spread — the difference between the 380 CST FOB Singapore HSFO swap and the 380 CST...
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Baltic index hits near 3-week high on firm demand across segments
The Baltic Exchange’s main dry bulk sea freight index climbed to its highest level in nearly three weeks on Tuesday,...
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Somali pirates free Bangladesh cargo ship after ransom paid
Somali pirates released the hijacked ship MV Abdullah on Sunday after its Bangladeshi owners reportedly paid a $5 million (€4.7...
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Clean Arctic Alliance Welcomes Denmark’s Banning of Scrubber Wastewater Discharges
The Clean Arctic Alliance today welcomed the Danish government’s announcement that it will prohibit the discharge of scrubber water from...
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Oldendorff Carriers contracts with Harbor Lab to provide global transparency in port transactions and revolutionise disbursement accounting
Harbor Lab, a global leader in maritime technology for centralizing and simplifying port disbursement costs is today announcing a new...
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Asia Fuel Oil-VLSFO discount widens, market structure slips to parity
The spot discount for very low sulphur fuel oil (VLSFO) widened on Monday, while the market intermonth structure weakened to...
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Setting Sail To Build In Europe 10,000 Sustainable And Digitalised Vessels By 2035
SEA Europe, the association representing the European maritime technology industry, comprising shipyards and maritime equipment manufacturers, has issued a resounding...
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Smart Shipping Revenues Expected to Exceed $540 million in 2024
The Future of Smart Shipping – 2024. The second edition to our highly popular 2020 report offers an in-depth analysis...
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