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The Energy-Efficient Route to Maritime Decarbonization
Pressure is mounting on the global shipping industry to improve its ships’ energy efficiency in the face of new greenhouse...
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Furetank achieves fossil-free vessel operations with renewable fuels
Furetank is now taking a crucial step towards fossil freedom, operating its EU-based fleet on biogas. A large-scale agreement for...
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Shipping: Environmental Regulations Adding to Costs
A flurry of new regulations has entered into force since the beginning of the decade for shipping, leading to an...
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Hapag-Lloyd tackles huge fleet upgrade programme with DNV support
Adapting flexibly to new regulatory and market conditions has always been key to the success of Hapag-Lloyd AG (HLAG), enabling...
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Dry Bulk Market: Capesizes Have a Mixed Week
Capesize The Capesize market delivered a mixed yet broadly steady performance this week, with underlying demand offering support despite some...
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Baosteel expects China’s steel exports to stay above 100 million tons in 2025
China’s biggest listed steelmaker Baoshan Iron & Steel Co 600019 expects the country’s total steel exports to stay above 100...
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Tanker with sanctioned Russian Arctic LNG 2 cargo berths in China, tracking data shows
A tanker carrying liquefied natural gas from Russia’s sanctioned Arctic LNG 2 plant has moored at an import terminal in...
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How regs and tech are reshaping bulk carrier operations
The bulk carrier sector is being reshaped by a combination of stringent new regulations and digital innovation. But these changes...
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Atlantic Shrike Achieves 11% Fuel Reduction With Seaq Energy Storage System
Atlantic Towing Limited has achieved a major milestone in its decarbonization journey with the successful retrofit of the Atlantic Shrike....
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Georgia Ports economic impact jumps 7% in 2024
Port activity in Georgia now supports 650,965 full- and part-time jobs across the Peach State, according to an economic impact...
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HD Hyundai to merge shipbuilding units, eyeing defense expansion
HD Hyundai Heavy Industries Co., the world’s largest shipyard by order volume, will merge with HD Hyundai Mipo Co., the...
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Hanwha announces $5 billion Philly Shipyard investment as part of South Korea’s commitment to US shipbuilding growth
Hanwha Group announced a $5 billion infrastructure plan for Hanwha Philly Shipyard as part of South Korea’s commitment to supporting...
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Platts to launch delivered Rotterdam Subsidised Bio-LNG bunker fuel assessment and update carbon intensity value
Platts, part of S&P Global Commodity Insights, will launch a daily Rotterdam subsidised bio-LNG bunker fuel price assessment reflecting the...
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Furetank launches company for trading emission reductions in shipping
The FuelEU Maritime regulation opens new pathways for the shipping industry to dramatically cut greenhouse gas emissions. The Swedish tanker...
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Baltic Index Climbs On Higher Capesize And Supramax Rates
The Baltic Exchange’s main sea freight index, which measures rates for ships carrying dry bulk commodities, edged up on Friday...
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Importing crude oil from Canada remains unfeasible for India as of now: Govt source
Importing crude oil from Canada is currently not feasible for India due to the high cost required to transport oil...
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Europe gas markets escape hectic LNG summer storage race
European gas traders have faced a stressful race against the clock in recent summers as they have scrambled to refill...
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China is capping coal production to support prices, top miner and analysts say
China has placed curbs on coal production following an unexpected supply increase in the first half of the year that...
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Russia’s Ust-Luga port to operate at half capacity in September after pipeline damage, sources say
Russia’s Ust-Luga oil export terminal will operate at around 350,000 barrels per day in September, or about half its usual...
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VLSFO pares after recent rebound; Singapore inventories climb
Asia’s spot differential for very low sulphur fuel oil (VLSFO) pared slightly on Thursday, snapping four straight sessions of gains,...
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