News Flash
Wärtsilä Continues to Set The Pace For Marine Decarbonisation With Launch Of World-First 4-Stroke Engine-Based Ammonia Solution
Technology group Wärtsilä has introduced the marine sector’s first commercially available 4-stroke engine-based solution for ammonia fuel. The new solution...
Read More
KCC and Silverstream Technologies agree deal to equip next four vessels with air lubrication technology.
Klaveness Combination Carriers (“KCC”) announces a deal has been agreed to retrofit four additional vessels with the Silverstream® System, the...
Read More
ENGINE: Europe & Africa Bunker Fuel Availability Outlook
Northwest Europe In the ARA hub, recommended lead times for HSFO are 5-7 days, and 4-6 days for VLSFO, a...
Read More
New Study Launched Highlighting The Positive Impacts Of Turning Down The Volume
A new study by the University of Southampton has been launched to assess the interrelationship between measures aimed at enhancing...
Read More
Denmark could block tankers with Russian oil from reaching markets.
Denmark will be tasked with inspecting and potentially blocking tankers carrying Russian oil through its waters under new European Union...
Read More
Baltic index hits a three-week high buoyed by smaller vessels’ rate lift.
The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, extended gains to a three-week...
Read More
Iron ore gains on China property sector stimulus, lower imports
Iron ore futures advanced on Tuesday, as market participants weighed property sector-related stimulus in top consumer China and a fall...
Read More
BW LPG Reports Third Quarter Net Profit of $122.2 Million
Highlights and Subsequent Events Strongest quarterly performance on record with daily TCE of USD 61,800 per calendar day and USD...
Read More
LNG-fueled Panamax Coal Carrier Reimei Commences Operation
Mitsui O.S.K. Lines, Ltd. (MOL) and Kyushu Electric Power Co., Inc. (Kyuden) today announced a Panamax coal carrier that uses...
Read More
ZeroNorth Consolidates Bunker Businesses To Accelerate Environmental Impact
Technology company ZeroNorth has today announced that it is consolidating its existing bunkering business under the ZeroNorth brand, unlocking faster...
Read More
Asia Fuel Oil-VLSFO refining margins rise further on tight supplies
Refining margins for very low sulphur fuel oil (VLSFO) extended gains on Tuesday amid persisting tight supplies, market participants said....
Read More
Seanergy Maritime Reports Fleet Time Charter Equivalent (“TCE” 3) overperformance of Baltic Capesize Index (“BCI”) by 14% in 3Q23 & by 18% in 9M23
Seanergy Maritime Holdings Corp, announced yesterday its financial results for the third quarter and nine months ended September 30, 2023....
Read More
Fuel Flexibility Benefits of New Oil Highlighted in Chevron White Paper
Chevron Marine Products’ new lubricating oil has a lot to offer, and this is highlighted in a White Paper that...
Read More
HD HHI to Mark up LNG Carrier Prices
After HD HHI won a provisional contract to build 17 liquefied natural gas (LNG) carriers from Qatar Energy in October,...
Read More
S&P Global Market Intelligence Projects Supply Chain Resilience to Remain Vital in 2024, but Willingness and Ability to Pay for it May be Lacking
Resilience in supply chains remains vital but may prove too expensive for many firms, according to a new S&P Global...
Read More
Baltic index scales three-week high on smaller vessels demand
The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, inched up to a three-week...
Read More
Dry Bulk Market: Positive Momentum in All Classes
Capesize The week began with an encouraging start in the Pacific market, marked by positive sentiment and a notable increase...
Read More
Dry bulk market braces for tightening Panama transit restrictions
The tightening transit restrictions through the Panama Canal are predominantly impacting the southbound trade in the region, nudging a shift...
Read More
Japanese lifters of US LNG weigh alternatives to Panama Canal amid tightening transits
Japanese lifters of US LNG are considering alternative options for shipping their winter cargoes in light of tightening restrictions through...
Read More
ICS-2 Implementation Postponement Offers Shippers Extended Period for Strategic Compliance Readiness with Trade Tech
In light of the newly announced schedule for the European Union’s Ocean Import Control System 2 (ICS-2), Trade Tech, a...
Read More




