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Pertamina’s shipping unit to double tanker fleet in next 10 years
The shipping unit of Indonesia’s state energy firm Pertamina plans to double its fleet of 320 tankers in the next...
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Action needed to meet growing demand for sustainable fuels on Rotterdam-Singapore shipping corridor
As the maritime industry accelerates efforts to decarbonise, the Rotterdam-Singapore Green and Digital Shipping Corridor (GDSC) is set to play...
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Port strike on US East Coast would spark supply-chain glitches from outset, shipping firm exec says
A threatened Oct. 1 strike by dockworkers at ports on the U.S. East Coast and Gulf of Mexico would immediately...
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Baltic index headed for weekly gain on panamax strength
The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commodities, was on its way...
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Indian refiners jointly negotiating for 2025 Russian oil supplies, govt source says
Indian refiners are jointly negotiating to purchase Russian oil for next year, a government source said on Thursday, with suppliers...
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CBAM in current form has no benefit for European stainless steel industry: CEOs
The European carbon border adjustment mechanism (CBAM) in its current form will not benefit the European stainless steel industry, a...
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ABS Approves IMODCO’s New Energy Terminals for Offshore Ammonia Transfers
Representatives from ABS and IMODCO Terminals SA, a division of SBM Offshore, met at Gastech 2024 where ABS issued approvals...
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Asia Fuel Oil-Market steady to softer; Kuwait offers more HSFO for October
Asia’s fuel oil market was steady to softer on Thursday, with spot premiums for 0.5% low sulphur fuel oil (VLSFO)...
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Russia’s August seaborne oil product exports down 2.3% m/m, Reuters calculations show
Russia’s seaborne oil product exports in August fell to 9.074 million metric tons, down 2.3% month on month, data from...
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Argentina grains ships load less cargo as river levels hit near-record lows
Huge grains ships loading up with soy and corn at Argentina’s major inland river ports around Rosario are taking on...
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NYK and Oono Development Sign MoU to Commercialize Ship Recycling Business
Nippon Yusen Kabushiki Kaisha (“NYK”) and Oono Development Co.,Ltd. (“Oono Development”) have agreed to jointly study the commercialization of ship...
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India to buy more second-hand vessels to raise container capacity
India will purchase more second-hand vessels to add to the country’s container shipping capacity, two senior shipping officials said on...
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IMO’s Marine Environment Protection Committee (MEPC 82) to convene on key environmental issues
The International Maritime Organization’s Marine Environment Protection Committee (MEPC) meets in-person for its 82nd session at IMO Headquarters in London...
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Baltic index rises as rates climb across vessel segments
The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commodities, rose on Thursday as...
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US sues ship firms for $100m over Baltimore bridge crash
The US government has filed a $100m (£75.6m) lawsuit against the owner and operator of a cargo ship that crashed...
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PortXchange to Launch EmissionInsider Carbon Insight Suite, Pioneering Real-Time Emissions Reporting and Setting New Global Standards for Port Sustainability
PortXchange, a leading innovator in port emissions digitalization and maritime solutions, is set to launch EmissionInsider Carbon Insight Suite. This...
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Wah Kwong joins Tankers International as new pool partner
Tankers International, the world’s largest shipping pool for VLCCs, has welcomed Hong Kong-based Wah Kwong as a pool partner, with...
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Industry experts discuss future of tanker inspections and the impact of SIRE 2.0 on seafarers in Kaiko Systems webinar
Some ship managers are finding they are unprepared for the human factors element of the new SIRE (Ship Inspection Report...
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Chinese shipyard opts again for Wärtsilä cargo handling and fuel gas supply systems
Wärtsilä Gas Solutions, part of technology group Wärtsilä, will supply the cargo handling and fuel gas supply systems for four...
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LR awards Approval in Principle to Seaspan Corporation for a next generation feeder with ammonia-powered propulsion
Lloyd’s Register (LR) has awarded Approval in Principle (AiP) to Seaspan Corporation for its innovative dual-fuel ammonia-powered next generation feeder...
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Recent News
Houston maritime cyber firm BroCoTec warns vessel operators to prepare for new Coast Guard cyber rules as crew connectivity creates new security risks
GTT Energy strengthens its offering with the launch of the LNG Performance Centre and next-generation LNG as fuel solution
LNG buyers’ sentiment: Disruption and implications for procurement
New gas power policy of China’s Guangdong province drives structural shift from baseload to peak-only dispatch, resulting in reduced running hours
Oil’s safety net is fraying as Saudi Arabia races to restart a key pipeline