Americas Market Update 23 Jul 2024 by ENGINE

Americas bunker prices have mostly gained with Brent, and New York's HSFO…


Corvus Energy Blue Whale ESS awarded RINA Type Approval

Corvus Energy is pleased to announce that it has received Type Approval from…


Asia Fuel Oil-HSFO firms; more spot trading activity emerges

Asia's high sulphur fuel oil (HSFO) premiums firmed on Tuesday amid the…


New Fortress Energy achieves first LNG for its Fast LNG Asset

New Fortress Energy announced that it has achieved First LNG for its initial…


Seatrium secures favoured Customer Contract Agreement from Teekay Shipping (Australia) Pty Ltd

Seatrium announced that it has secured a Favoured Customer Contract agreement…


MAN Energy Solutions to Deliver Additional Heat Pump Unit for Aalborg’s District Heating

- Danish city set to cut up to 210,000 tons of CO2 emissions annually using a…


ABS to explore rapid verification and validation of Additive Manufactured Parts

Overcoming Challenges to Widespread Adoption of 3D Printed Parts with…


NYK Bulkship (Atlantic) Installs NYK Group’s First Wind-Assisted Ship-Propulsion Units

Reducing GHGs Through Sustainable Wind Propulsion On July 8, NYK…


ChartWorld’s eGlobe G2 receives approval from China Classification Society

ChartWorld is proud to announce that its well-established ECDIS –…


Pedalion Yachting: Bringing Italian finesse to Cypriot shores with COMITTI yachts

Pedalion Yachting, a beacon of luxury yachting in Cyprus, is thrilled to…


Ferretti Fourth Pershing GTX116 launched

Timeless elegance and sporty character are the defining qualities of the fourth…


Houthi threat to Red Sea shipping is growing, says UN envoy to Yemen

Recent developments in the Red Sea and surrounding waterways suggest that the…


FuelEU Maritme is coming. Is your charterparty ready?

With less than six months to implementation of FuelEU Maritime in EU and…


Less natural gas consumption in Europe is keeping storage full

Consumption of natural gas in Europe consistently decreased since mid-2022,…


Spain detains cargo ship over fuel spill near Ceuta

Spanish authorities have detained a German-operated cargo ship for…


AW Shipping orders multiple dual-fuel vessels from China

AW Shipping, a joint venture of the UAE-based ADNOC Logistics & Services…


More Panama Canal vessel transits fail to lift bunker sales

Panama’s bunker fuel sales dropped by 3% in June despite more vessel…


East of Suez Fuel Availability Outlook 23 Jul 2024 by ENGINE

VLSFO and HSFO availability is tight in Singapore Taiwanese ports brace for…


Bonnie Lowenthal elected President of the Long Beach Board of Harbor Commissioners

Harbor Commissioner Bonnie Lowenthal on Monday was elected President of the…


Avoiding fines and detention in Senegal – preparation is key

In recent years, customs fines in Dakar have become both more frequent…


Energean announce Final Investment Decision for the Katlan development project in Israel

As previously communicated, the Katlan area will be developed in a phased…


Sulmara secures NZTC funding to push for further offshore decarbonisation

Subsea specialist Sulmara has been awarded funding by the Net Zero Technology…


Valaris announced Multi-Year Contract Award for Drillship VALARIS DS-17

Valaris Limited announced that it has been awarded a multi-year contract…


End of Ukraine gas transit sets the stage for LNG and pipeline diversions

The European Union (EU) targets a ban on Russian fuel imports by 2027.…


GTT entrusted by HD Hyundai Heavy Industries for the tank design of two new LNG carriers

GTT announces that it has received, in the second quarter of 2024, an order…


HD Hyundai to partner with University of Michigan and SNU to foster talents for US Shipbuilding Industry

HD Hyundai has begun fostering human resources for the development of the…


RoRo ferry upgrades to fuel-saving autopilot

Anschütz has upgraded the autopilot onboard the MV Fionia Sea. The new…


CCSJ to implement ONE Record powered by CHAMP Cargosystems

Cargo Community Systems Japan (CCSJ) will go live with their first set of ONE…


Pedalion Yachting ties with prestigious Apreamare shipyard

Pedalion Yachting, Cyprus’s leading purveyor of maritime luxury, proudly…


The new Ferretti wallywhy100 will make her world debut at the Cannes Yachting Festival 2024

The wallywhy100 is gearing up for her world premiere at the Cannes Yachting…


Unlock the potential of your onboard data

Electronic logbooks are much more than just a digital replacement for…


Condolence message from International Chamber of Shipping on the death of Spyros M Polemis

The Board of Directors of the International Chamber of Shipping (ICS) are…


Two Panamanian ships suffer incidents in international waters

The Panama Maritime Authority (PMA), as the governing body of the Panama Ship…


Record in Zeebrugge: container giant with 16.3 meter draft

Zeebrugge reaffirms its reputation as a 'deep-sea port' on the North Sea.…


Iran's Revolutionary Guards intercepted UAE-managed tanker, IRGC says

Iran's Islamic Revolutionary Guard Corps has intercepted a Togo-flagged,…


Ukraine grain exports via Romania's Constanta port drop 43.5% in first half

Ukraine's grain exports through the Romanian Black Sea port of Constanta fell…


Hafnia aims to transfer Japanbound Cepsa naphtha from damaged tanker

A 2017-built Long Range I, or LR1 tanker, the Hafnia Nile, which collided with…


ADNOC and Nafis to Create 13,500 New Private Sector Jobs Opportunities for UAE Nationals by 2028

Strategic collaboration agreement supports UAE’s target to create 100,000…


Indonesia seeks Russian oil for the first time in years, sources say

Indonesian state-controlled refiner Pertamina has added Russian oil grades to…


Asia Fuel Oil-Premiums steady; Southeast Asia tenders underway

Spot premiums for fuel oil were broadly stable in Asia on Monday, while…


Singapore's maritime decarbonisation centre completes its final marine biofuels trial

Singapore's Global Centre for Maritime Decarbonisation (GCMD) has completed its…


CMT expands into Singapore with appointment of Junma Services

CM Technologies (CMT) has strengthened its global sales and distribution…


World's first river-sea LNG bunkering vessel delivered ahead of schedule

The world's first river-sea liquefied natural gas (LNG) bunkering vessel was…


Eastern Cruise unveils new brand with rebranded Eastern Venus

Eastern Cruise introduces its new brand, featuring the refurbished Eastern…


Skylo announces New Go-to-Market Team amid rapid ‘Direct-to-Device’ Service Growth

Skylo Technologies, the pioneer in ‘direct-to-device’ non-terrestrial network…


LNG imports increase by 11% in June in India

In June, India’s Liquified Natural Gas (LNG) imports significantly increased…


Shipping disruptions now affect Maersk’s global trade routes amid Red Sea crisis

Shipping disruptions affecting Maersk’s container shipping operations because…


Singapore prices decline across all grades over the weekend

Singapore price changes on the day from Friday, to 12.00 SGT…


DP World and Evyap Group forge new logistics hub to boost Turkish trade

"DP World’s vision is to lead global trade to a stronger, more efficient…


Retailers' early US back-to-school sales hasten peak ocean shipping season

Retailers account for half of US container import volumes Goods also moving…


Asia spot prices supported by Freeport LNG outage, summer demand

Asian spot liquefied natural gas (LNG) prices held steady this week on the back…


China's H1 crude imports from top supplier Russia up 5% on year

June Russian supplies down 20% on year; H1 up 5% H1 imports from No. 2…


Carriage of Iron Ore Fines from Goa and other west coast ports in India

The Club has been advised that iron ore exports are expected to…


EU to impose tariffs on Chinese biodiesel imports in anti-dumping probe

The European Commission announced on Friday that it will impose provisional…


Indian refiner BPCL sees further cuts in oil OSPs as fuel margins drop

Bharat Petroleum Corp BPCL.NS, India's third-biggest refiner, expects Middle…


US drillers add oil and gas rigs for second time in three weeks, Baker Hughes says

U.S. energy firms this week added oil and natural gas rigs for the second time…


Global efforts intensify to curb gas flaring amid environmental concerns, finds GlobalData

The oil and gas industry has been under increased scrutiny in recent years…


Azerbaijan says will raise gas exports to Europe to 13 bcm in 2024

Azerbaijani President Ilham Aliyev said the country will raise natural gas…


New Royal Caribbean cruise ship, Utopia of the Seas, debuts on Friday

The cruise ship that wants you to completely re-think short cruises, is only…


RMC launches TT-Line’s second LNG dual-fuel vessel

Finnish shipbuilder Rauma Marine Constructions (RMC) has launched the second…


Soracom expands Skylo Integration in Global Limited Preview

Qualified customers can now use the Soracom CMP to activate and manage Skylo…


Tech outage disrupts bunker supply in ARA, Gibraltar and Las Palmas

Some suppliers are unable to offer bunkers in the ARA hub, Gibraltar and Las…


Oil tankers on fire after colliding close to Singapore, crew rescued

Two tankers on fire after collision Hafnia Nile carrying highly flammable…


Chart of the Week: Dirty & Clean Tonne Days

Tanker - Weekly Market Monitor This week's chart…


Black Sea Suezmax freight tumbles amid weak August demand

CPC-Med Suezmax rate dips by w10 on day Sentiment softens amid lower volumes,…


Dry bulk newbuild contracting fell 34.2%, despite a strong market

During the first half of 2024, newbuild contracting in the dry bulk sector fell…


CEVA Logistics, Almajdouie Logistics sign Joint Venture in Saudi Arabia

As a part of its strategic plan, CEVA Logistics announced today that it has…


Maritime vision of the Re-elected Commission President 

Ursula von der Leyen has been re-elected as President of the European…


Russia’s crude exports navigate demand shifts and sanctions

Russian crude exports have fallen sharply in the first two weeks of July,…


Baltic index snaps 3-day losing streak on capesize demand

The Baltic Exchange's main sea freight index, which tracks rates for ships…


DOF Group awarded multiple contracts in Brazil

DOF announced multiple contract awards with Petrobras and a 1st Tier EPCI-SURF…


KBR awarded Advisory Consulting Contract for Kuwait Oil Company’s Renewables and Hydrogen Masterplan Project

KBR announced it has been awarded an advisory consulting contract by Kuwait…


Petrobras and Braskem complete tests for Renewable Content Chemical Product  

This initiative highlights the companies' dedication to advancing raw…


US imports of Canadian crude hits record high following TMX startup

U.S. imports of crude oil from Canada rose last week to its highest…


Singapore fuel oil stockpiles rebound to four-week high

Onshore fuel oil stockpiles at key trading and storage hub Singapore…


Asia Fuel Oil-Benchmarks rangebound; Kuwait offers more HSFO

Fuel oil benchmarks were largely rangebound in Asia on Tuesday, while…


Five of the coolest charter yachts with certified helipads

Helicopter operations are essential for discovering uncharted…


Ramon.Space expands into the UK to revolutionise space computing and communication systems

Ramon.Space, a leading provider of space-resilient computing infrastructure, is…


Enhancing Defence Capabilities through Human-Machine Teaming: Insights from Thales’ AI Deployments

At the recent Defence Information 2024 event, Sam McBriar, Director of Research…


Madison Dearborn Partners Announce Sale of LinQuest to KBR

Madison Dearborn Partners (“MDP”) today announced that it has signed a…


iRocket plans to establish a presence in the UK with new board member

Innovative Rocket Technologies, the launch startup known as iRocket, plans to…


GCMD concludes biofuels supply chain trials

The Global Centre for Maritime Decarbonisation concludes its final biofuel…


Fertiglobe wins first German H2Global green ammonia import tender at Eur1,000/mt

Germany has awarded the first green ammonia contract under its H2Global…


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