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VLSFO spot discount narrows on stronger bids

VLSFO spot discount narrows on stronger bids

Asia’s spot differential for very low sulphur fuel oil (VLSFO) edged higher on Monday after stronger bids emerged, though it...
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Why shipping needs to rethink what’s worked before

Why shipping needs to rethink what’s worked before

The maritime industry has always prized experience in decision-making. For decades, design choices, operational decisions and investment strategies have been...
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Containers Lead on Efficiency: 67% of the Fleet Achieves a CII Rating of A–C

Containers Lead on Efficiency: 67% of the Fleet Achieves a CII Rating of A–C

Using VesselsValue (a Veson Nautical solution) data, we take a look at who controls the largest vessel portfolios and how...
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Dry Bulk Shipping: Will Iron Ore Demand Retreat in the Years to Come?

Dry Bulk Shipping: Will Iron Ore Demand Retreat in the Years to Come?

Demand for raw materials, like iron ore, could lower in the coming years, as a result of a trend towards...
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Onboard Carbon Capture and Storage highlighted as possible climate technology solution

Onboard Carbon Capture and Storage highlighted as possible climate technology solution

Onboard Carbon Capture and Storage (OCCS) is emerging as a potential technology to reduce greenhouse gas (GHG) emissions from shipping....
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Platts clarifies and publishing guidelines reflected in its ULSD FOB ARA cargo assessment process

Platts clarifies and publishing guidelines reflected in its ULSD FOB ARA cargo assessment process

Platts, part of S&P Global Commodity Insights, wishes to clarify the nomination guidelines applicable for trades reported in its FOB...
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How KCC makes efficiency a mindset, not just a metric

How KCC makes efficiency a mindset, not just a metric

The concept of the KCC’s combination carrier didn’t come from convention. It was a product of decades of technical and...
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Software Is the Smartest Fuel: ABS Chairman and CEO Unveils Vision for Intelligent Maritime Operations

Software Is the Smartest Fuel: ABS Chairman and CEO Unveils Vision for Intelligent Maritime Operations

The transformational impact of software on the performance of vessels and fleets was described by ABS Chairman and Chief Executive...
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Hapag-Lloyd and DHL sign agreement to further decarbonize supply chains

Hapag-Lloyd and DHL sign agreement to further decarbonize supply chains

Hapag-Lloyd and DHL Global Forwarding have achieved a major milestone in their joint efforts to decarbonize supply chains. The two...
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Algoma Central Corporation Celebrates 100th Vessel Milestone

Algoma Central Corporation Celebrates 100th Vessel Milestone

Algoma Central Corporation took delivery of the Algoma Legacy, the first of three new methanol-ready Kamsarmax-sized ocean belt self-unloading vessels....
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Fitch Assigns BHP Marine & General First-Time ‘A’ Ratings; Outlook Stable

Fitch Assigns BHP Marine & General First-Time ‘A’ Ratings; Outlook Stable

Fitch Ratings has assigned BHP Marine & General Insurances Pty Ltd (BHP M&G) a first-time Insurer Financial Strength (IFS) Rating...
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Arrival of the World’s Largest Commercial Sailing Cargo Ship

Arrival of the World’s Largest Commercial Sailing Cargo Ship

Café William, in collaboration with Costco, invites media representatives and the general public to come and see the world’s largest...
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China’s strategy for harnessing marine resources for growth

China’s strategy for harnessing marine resources for growth

The vast ocean is a place where opportunities and challenges intertwine. With the surging global demand for deep-sea resource development,...
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Crews remain at cargo ship scrap metal fire

Crews remain at cargo ship scrap metal fire

Firefighters remain at a cargo ship in Southampton after a fire broke out in a pile of scrap metal stored...
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AVS Highlights Eco-Anxiety Among Young Maritime Professionals and Calls for Industry-Wide Collaboration

AVS Highlights Eco-Anxiety Among Young Maritime Professionals and Calls for Industry-Wide Collaboration

Eco-anxiety is becoming an increasingly common concern among younger professionals entering the maritime sector, according to AVS Global Ship Supply....
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Greek owners to play important role in development of the nuclear for maritime sector

Greek owners to play important role in development of the nuclear for maritime sector

“Nuclear energy is stepping forward as a credible long-term solution” stated Christopher Wiernicki, Chairman and CEO of the American Bureau...
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HELMEPA: Survey highlights uneven but advancing decarbonization in Eastern Mediterranean shipping

HELMEPA: Survey highlights uneven but advancing decarbonization in Eastern Mediterranean shipping

The region’s shipping community is increasingly aware of the need to cut emissions and is taking steps towards decarbonization. While...
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Asia Fuel Oil: Spot market steady in thin trading momentum

Asia Fuel Oil: Spot market steady in thin trading momentum

Spot differentials in the Asia fuel oil market were broadly stable on Friday amid thin activity and absent fresh drivers,...
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Tanker under US sanctions carries fuel along Russia’s Northern Sea Route, data shows

Tanker under US sanctions carries fuel along Russia’s Northern Sea Route, data shows

A tanker under U.S. sanctions has moved from the Arctic LNG 2 plant east along Russia’s Northern Sea Route, data...
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Platts clarifies boil-off rates used for LNG freight route cost calculations

Platts, part of S&P Global Commodity Insights, wishes to clarify that the boil-off rate used for LNG freight route cost...
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