News Flash

Sharing Information within the Group Using Video Communication Site for Employees “K” Line

Sharing Information within the Group Using Video Communication Site for Employees “K” Line

Kawasaki Kisen Kaisha, Ltd. (“K” LINE) manages “K” Line, the video communication site for employees of “K” LINE Group, to...
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The European Parliament abandoning the “Carbon Correction Factor” is good news for shipping.

The European Parliament abandoning the “Carbon Correction Factor” is good news for shipping.

The Parliament has listened to reason and in a vote on CO2-regulation of heavy-duty vehicles decided to reject the Carbon...
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World’s First Methanol-Fuelled Engine Ordered for VLCC Segment

World’s First Methanol-Fuelled Engine Ordered for VLCC Segment

China Merchants Energy Shipping (CMES), the Shanghai-listed shipping giant and daughter company of China Merchants Heavy Industry (CMHI), has ordered...
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Baltic index slips on weaker capesize rates.

Baltic index slips on weaker capesize rates.

The Baltic Exchange’s main sea freight index extended declines to a third straight session on Wednesday, as capesize losses offset...
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Asia Naphtha/Gasoline-Gasoline dips on thin trade; oil demand outlook seen bearish.

Asia Naphtha/Gasoline-Gasoline dips on thin trade; oil demand outlook seen bearish.

Asia’s gasoline prices GL92-SIN edged lower on Wednesday as refining margins remained weak while no trade was done at the...
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Asia Fuel Oil-VLSFO rally pares while market eyes supply drivers.

Asia Fuel Oil-VLSFO rally pares while market eyes supply drivers.

Asia’s spot market for very low sulphur fuel oil (VLSFO) eased on Wednesday, as trade participants eyed new supply drivers....
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River Rhine in south Germany re-opened to shipping as water levels fall.

River Rhine in south Germany re-opened to shipping as water levels fall.

The river Rhine in south Germany was re-opened to shipping on Tuesday night after being closed after a rise in...
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Aries International Maritime Research Institute (AIMRI) wins SKOCH Order of Merit for Industrial Maritime Skill Training

Aries International Maritime Research Institute (AIMRI) wins SKOCH Order of Merit for Industrial Maritime Skill Training

In a dazzling affair at the Annexe Hall, Constitution Club of India, New Delhi, on the 18th of November 2023,...
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Harbor Lab Hosts 1st Global Agent Summit in Athens

Harbor Lab Hosts 1st Global Agent Summit in Athens

Harbor Lab, the disbursements account maritime software company, has held its first exclusive Port Agent Summit in Athens last month....
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Ship Recycling Enters “Slow Season” Mode

Ship Recycling Enters “Slow Season” Mode

The ship recycling market has experienced slow activity as the Diwali festivities took over. In its latest weekly report, shipbroker...
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Marfin trial with Logothetis-backed SulNOx yields fuel savings of up to 6.4%

Marfin trial with Logothetis-backed SulNOx yields fuel savings of up to 6.4%

Marfin Management S.A.M., the Monaco based Dry-Bulk ship manager, has successfully concluded an initial three month trial of SulNOxEco Fuel...
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Dry Bulk Owner Golden Ocean, Reports Lower Third Quarter Income

Dry Bulk Owner Golden Ocean, Reports Lower Third Quarter Income

Golden Ocean Group Limited, the world’s largest listed owner of large size dry bulk vessels, today announced its unaudited results...
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Holding “K” LINE UNIVERSITY 2023

Holding “K” LINE UNIVERSITY 2023

Kawasaki Kisen Kaisha, Ltd. (“K” LINE) organized “K” LINE UNIVERSITY 2023 (KLU 2023) to disseminate the K LINE Group’s management...
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AMSC ASA – Third quarter 2023 results

AMSC ASA – Third quarter 2023 results

AMSC ASA announces results for the third quarter and nine months ending 30 September 2023. HIGHLIGHTS On 22nd August, AMSC...
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Baltic index extends losses, panamax climbs to over 1-year high.

Baltic index extends losses, panamax climbs to over 1-year high.

The Baltic Exchange’s main sea freight index declined for the second straight session on Tuesday, dragged by lower capesize rates...
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Asia Fuel Oil-VLSFO, HSFO fall ahead of OPEC+ meeting.

Asia Fuel Oil-VLSFO, HSFO fall ahead of OPEC+ meeting.

Cargo differentials for both very low sulphur fuel oil (VLSFO) and high sulphur fuel oil (HSFO) dipped on Tuesday, as...
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Bullish IEA, OPEC oil demand forecasts at odds with modest gains in Asia’s imports

Bullish IEA, OPEC oil demand forecasts at odds with modest gains in Asia’s imports

The International Energy Agency (IEA) and producer group OPEC are sticking to bullish forecasts for world oil demand growth in...
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NYK Group, Stolt Tankers, and ENEOS Ocean Launch Chemical Ship Pool Business

NYK Group, Stolt Tankers, and ENEOS Ocean Launch Chemical Ship Pool Business

The NYK Group, Stolt Tankers B.V., and ENEOS Ocean Corporation launched a chemical ship pool business in the Asia-Pacific region...
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India ship regulator to take government advice on sanctioned Russian oil vessel

India ship regulator to take government advice on sanctioned Russian oil vessel

India’s shipping ministry will follow foreign ministry advice when deciding whether to allow a ship carrying Russian oil that has...
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Asia spot prices steady amid high stocks, muted demand

Asia spot prices steady amid high stocks, muted demand

Asian spot liquefied natural gas (LNG) prices were little changed this week, amid high inventory levels in East Asia which...
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