Haivanship expands operations into northern Vietnam with two new Konecranes Gottwald ESP.9B cranes on barge

Leading Vietnamese maritime-logistics operator Haivanship (HVS) is growing its…


Russia’s Jan-Nov LNG exports up 5%, data shows

Russia’s January to November exports of liquefied natural gas (LNG) increased…


REM Offshore adopts UniSea's Self Assessment Module

REM Offshore has chosen UniSea's Self Assessment module to enhance its Offshore…


TotalEnergies celebrates Fifty Years of operations in Saudi Arabia

On the occasion of French President Emmanuel Macron’s state visit to the…


Propspeed® Partners with Nautilus Yacht Equipment to drive growth In Greece And Cyprus

Propspeed, a leading innovator of underwater foul-release coatings, announced…


Technology, regulation and a case of oily separation

The quiet role marine equipment manufacturers often play in supporting…


Tanker and tugboat crews receive 2024 IMO Bravery Award

Acts of exceptional bravery at sea honoured at annual IMO Awards ceremony…


Marlink to deploy Sealink NextGen on 24 vessels for Thoresen Shipping

Integration of LEO and VSAT services with full digital network management and…


Good News: No More Unnecessary Bureaucracy at German Ports

German authorities have now dropped the requirement for Danish ships without…


Is your crew overwhelmed by alarms?

An alarming challenge to manage LR research on effective alarm…


Allied - Weekly Market Review - Week 48

Please find below the Weekly Report for Week 48| 2024 ALLIED - Weekly Market…


Intermodal Report - Week 48 2024

Intermodal Weekly Market Report Please find below the market report for week…


BIMCO Shipping Number of the Week: New wheat export tariffs could intensify 5% Russian export loss

Shipping Number of the Week New wheat export tariffs could intensify 5% Russian…


Hyundai and Kia partner with Top Indian Institutes to launch Innovation Center

Collaboration with IITs Aims to Advance Battery and Electrification Technology…


Lloyd's Register awards AiP to GTT for innovative three cargo tank LNGC

The bold design paves the way for more sustainable LNG shipping solutions.…


Konecranes has completed its acquisition of Peinemann Port Services and Container Handling

Konecranes has closed its acquisition of Rotterdam-based Peinemann Port…


Korean Shipbuilders moving to secure a new production base in Southeast Asia

A Move to Overcome Domestic Capacity Limitations South Korean…


Sustainable hull cleaning for Singapore with HullWiper and Unidive Subsea

HullWiper’s sustainable hull cleaning solution is coming to Singapore. The…


Enap and SAAM launch Latin America’s first electric tug in Turkey

At the Sanmar shipyard, located in Tuzla Bay, Istanbul, Latin American’s first…


McDermott awarded FEED contract by Repsol in the Gulf of Mexico

McDermott has been awarded a front-end engineering design (FEED) contract…


TotalEnergies and Aljomaih Energy & Water Company Awarded 300 MW Solar Project in Saudi Arabia

On the occasion of the visit of the President of the French Republic Emmanuel…


Asian gasoline strength boosts E/W spread and arbitrage economics

Blending options in the West are also increasing, stimulating component demand…


NEO Space Group to acquire UP42 Earth Observation Digital Platform from Airbus

Neo Space Group (NSG), a Public Investment Fund-owned company and Saudi…


Bearing AI launches AI-Powered Cargo prediction solution

Revolutionises tramp chartering management with demand foresight Bearing…


Meta says gen AI had muted impact on global elections this year

Despite widespread concern that generative AI could interfere with major…


South Korea to demonstrate 100km transmission on 'Quantum Internet' early next year

Securing Proprietary Technology to Join Global Competition South Korea is set…


COLUMBIA cruise services ensures seamless cruise operations from port to open water

For cruise lines to thrive in today’s competitive environment, amid the desire…


The price sensitivity of efficiency in shipping

Do higher fuel prices lead to greener shipping behaviour?Energy efficiency and…


Oil market outlook 2025: what to expect for crude prices

​The International Energy Agency projects global oil supply will exceed demand…


U.S. inventories enter the winter with the most natural gas since 2016

Working natural gas in storage in the Lower 48 states ended the natural gas…


Norden to sell two Capesize vessels

Norden announced that have agreed to sell two Capesize vessels, NORD POWER and…


Floating LNG import terminals face cost, climate, and energy security risks in Asia

Recent project setbacks and operational challenges undermine the LNG industry’s…


UECC and TITAN agree landmark biomethane deal

UECC vessels to sail on biomethane supplied by Titan for rest of 2024 and most…


All eyes on China

Commentary summary: • All told there is less temptation to be short crude with…


Yangzijiang Shipbuilding secures shipbuilding contracts worth US$2.63 bil

Yangzijiang Shipbuilding has secured shipbuilding contracts for 21 vessels,…


MHI Thermal Systems receives "Minister of the Environment Award for Climate Action 2024"

-- For Development of Large-Capacity Centrifugal Chillers Adopting a Low-GWP…


Full-Scale Ammonia Engine Opens New Chapter

Two-stroke engine testing in Copenhagen marks important milestone on path to…


CNOOC brings on-stream Huizhou 26-6 Oilfield Development Project

CNOOC Limited and 80883 announces that Huizhou 26-6 Oilfield Development…


Lukoil’s crude supplies to Hungary, Slovakia stabilise, Kommersant reports

Oil flows from Russia’s second largest crude producer Lukoil LKOH.MM to…


Russian gas flows to EU via Ukraine down 3% from normal levels

Russian gas exports through Ukraine to Europe were down more than 3% on Sunday…


Petrobras announces teaser for transfer of minority stake in the Tartaruga Field in the Sergipe-Alagoas Basin

Petrobras informs that it has started the teaser stage for the transfer of its…


SSC and Ovzon further broadens and deepens collaboration

SSC and Ovzon have signed a teaming agreement to broaden, deepen and strengthen…


Cunard reports record-breaking bookings in 2024

This performance marks the highest number of guests booked between 1 January…


Russia lifts gasoline export ban for producers

Russia’s government lifted a temporary ban on the bulk of gasoline exports…


Britain seeks views on including shipping in carbon market from 2026

Britain has called for views on changes to its emissions trading system (ETS)…


Globus Maritime expects older vessels to lose their competitiveness

Globus Maritime Limited, a dry bulk shipping company, reported its unaudited…


Panama begins canceling registration of six UK-sanctioned vessels

Panama started the expedited cancellation process of six Panamanian vessels…


Pacific Basin orders four Dual-Fuel Methanol Low-Emission 64,000 dwt Ultramax Newbuilding Vessels from Japan

Pacific Basin Shipping Limited (“Pacific Basin” or the “Company”, 2343.HK), one…


No improvements in real-world containership efficiency despite investments in greener ships

Europe's container ships pollute as much per container as they did six years…


VLCC Market takes a hit

Clean LR2 LR’s in the MEG saw a welcome uptick in activity and freight levels…


Prospects for Suezmax tankers are good for Nordic American Tankers

The international profile of NAT is reflected in the fact that during the last…


Southern California zeros in on circularity in wastewater treatment

Establishing a reliable, energy-efficient and viable water system is a top…


SAAM celebrates 63 years and renews its commitment to sustainability with a strategy for 2030

Along with commemorating 63 years in business, SAAM unveiled its 2030…


Petrobras signs Heads of Agreement with European Energy

Petrobras, following up on the announcement made on November 16, 2023, informs…


US oil output fell in Sept by the most since Jan, EIA says

U.S. crude oil output fell by 157,000 barrels per day (bpd) month-over-month…


Asian spot LNG gains as colder weather drives demand

Asian spot liquefied natural gas (LNG) prices gained for a third consecutive…


e3 Systems Partners with Rivada for Maritime Communications

Rivada’s Outernet, the world’s first global private network, is key for…


5G in maritime environments: VTT and partners push the boundaries of connectivity at sea

In an EU-funded project, VTT Technical Research Centre of Finland and partners…


Planet and Global Fishing watch expand collaboration for Ocean transparency and accountability

Planet Labs PBC, a leading provider of daily data and insights about Earth,…


European market hits contango amid rising Russian supply and weak demand

Commentary summary: European prompt timespreads entered contango for the first…


Workshop on effective ESG reporting for shipping concludes with insightful discussions

The recent workshop on "Effective ESG Reporting for Shipping" with Program…


Prokopiou-backed Pure Energy signs $1.1 Billion Sale and Leaseback Deal

Watson Farley & Williams (“WFW”) advised CMB Financial Leasing Co., Ltd.…


Dry Weekly Market Monitor - Week 48.2024

Chart of the Week:  Capesize Market (Ballasters, Tonne Days, Market…


Flex LNG announces 15-year time charter for Flex Constellation

Flex LNG Ltd announced it has agreed a new Time Charter Agreement (“TC”) for…


Hanwha Ocean and Babcock International forge partnership for Global Naval Market

Focus on Expanding Submarine Exports to Canada and Poland Hanwha Ocean has…


USTC takes on further ownership over CM Biomass

Danish shipping conglomerate United Shipping and Trading Company (USTC)…


Russian gas flows to EU via Ukraine stable

Russian gas exports through Ukraine to Europe as well as nominations, or…


HD Hyundai Oilbank advances in Biofuel and Circular Economy Sectors

Company Pioneers Circular Naphtha from Pyrolysis Oil and Bio Naphtha from Waste…


Six areas to watch in crude oil markets

As we approach the latter part of the year, crude oil prices remain under…


Beyond AER: Why EEOI Matters for Accurate Multi-Charter emissions allocation

In the maritime shipping industry, it’s common for a single vessel to carry…


Results of the visit of the of Shipping Deputy Minister, Marina Hadjimanolis, to Hong Kong

The Shipping Deputy Minister of the Republic of Cyprus, Ms. Marina…


HD Hyundai demonstrates autonomous and remote operation of Container Ship

Approval in Principle Granted for 8,000 TEU-Class Container Ship, Showcasing…


Russian gas to Europe is on the slow road to zero

The year-end closure of a key Ukrainian pipeline transporting Russian gas to…


Business case for wind propulsion improves as decarbonisation rules kick in

FuelEU Maritime comes into force in January 2025 and wind propulsion is…


Asia Fuel Oil-Hi-5 spread crunches to narrowest in five months

Asia’s hi-5 fuel oil spread crunched to its most narrow in five months as the…


Oil undervalued as market faces deficit, Iran’s supply at risk, analysts warn

Oil prices are undervalued due to a market deficit, with the potential risk to…


Port Throughput Index Down 0.3% In September

The Drewry Container Port Throughput Indices are a series of calendar adjusted…


Eletson: Emerged from Bankruptcy

The restructuring of the shipping company Eletson Holdings, formerly owned by…


NORDEN signs sustainable maritime fuel offtake agreement with Meta

Danish shipping company NORDEN announced a sustainable maritime fuel agreement…


FuelEU Maritime: Pooling explained

The new Regulation provides flexibility mechanisms which may assist shipowners…


Shipping's climate role and biodiversity explored at COP29

The shipping industry, responsible for transporting approximately 90% of the…


TotalEnergies pauses investments in India's Adani Group after bribery charges

French oil major TotalEnergies (TTEF.PA), opens new tab halted on Monday…


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