Green shipping fleet growing as more newbuilding orders were placed in 2024
Clarksons Research have released their latest Green Technology Tracker,…
New fuel restrictions for ships in Arctic fall short, green groups say
Ships sailing through Arctic waters will no longer be able to use or carry…
Oceanco receives ‘Made in Europe’ sticker
Oceanco is honoured to announce that it has received the ‘Made in…
Nautor Swan Power Yacht division appoints Marco Viti as Strategic Advisor
Giovanni Pomati, Nautor Group CEO, announces the appointment of Marco Viti as…
4 warning signs a cruise deal is too good to be true
You'll find cruises advertised all over the internet, television, and even in…
Bahamas Maritime Authority highlights of Posidonia 2024
This year’s Posidonia represented a milestone for The Bahamas Maritime…
HD Hyundai, Hanwha, Samsung face intensifying disputes with shipyard workers
Labor-management conflict at domestic shipyards has been heightened, as…
The coming transformation of oil markets
The International Energy Agency’s (IEA) Oil 2024 report outlines a period of…
Port Houston leads in community stewardship
2024 Community Grant Recipients Announced The Port Commission of the Port of…
Gard acquires global Marine and Energy portfolio
Gard announced its acquisition of Codan’s global Marine and Energy (M&E)…
Asia Fuel Oil-VLSFO retains downside on ample supply pool
Asia’s very low sulphur fuel oil (VLSFO) market softened on Monday amid…
Adnoc L&S awards $2.5bn contracts to Korean shipbuilders for eight LNG carriers
Adnoc Logistics and Services has awarded South Korean shipyards Samsung Heavy…
Samsung unveils versatile Image Sensors for Superior Smartphone Photography
New lineup features industry-leading 200MP and 50MP sensors, bridging the gap…
Rocket Lab’s Electron Rocket Lands at the California Science Center
Rocket Lab USA, a global leader in launch services and space systems, has…
Russia will start gas exports to China from far east in 2027
Russia’s Gazprom will start annual pipeline gas exports to China of 10 billion…
VLCC Tanker Market Stabilized Last Week
Clean LR2 MEG LR2’s were subject to downward pressure this week. The TC1 rate…
LNG Shipping Equity Index Up 26.4% so far in 2024 according to Drewry
The Drewry LNG Shipping Equity Index increased 26.4% YTD (as of 27 June 2024),…
Shipping supply chains and global conflicts
Global shipping supply chains are facing significant disruptions due to the…
Is Lloyds Open Form on ‘life support’?
On 1 June 2024, Lloyd’s Salvage Branch published a rebranded Lloyds Open Form…
Vessel and crew safe after incident southwest of Yemen’s Al Mukha, UKMTO says
The United Kingdom Maritime Trade Operations (UKMTO) said on Sunday it had…
Reminder - anchoring in Malaysian waters off East Johor
Over the years, several vessels entered with Gard have been detained and…
Russia is likely to continue with gasoline exports in July, sources say
Russia is close to ruling on a continuation of gasoline exports in July,…
Oceaneering awarded multiple contracts for vessel services in the Gulf of Mexico
Oceaneering International announced that its Offshore Projects Group (OPG)…
Aramco signs over $25 bln of deals for main gas network and Jafurah gas field
Saudi Arabia’s state oil company Aramco 2223.SE has signed contracts worth…
US drillers cut oil and gas rigs for 4th week to lowest since Dec 2021 according to Baker Hughes
U.S. energy firms this week cut the number of oil and natural gas rigs…
MOGAS awarded contract to support TC2C™ new technology
MOGAS Industries has been awarded a multimillion-dollar contract for the South…
MED MARINE delivers third RAmparts 2300MM series tug to Guatemala
MED MARINE IS PROUD TO DELIVER THE THIRD TUG TO GUATEMALA MED MARINE, a…
RWO: A Half-Century of Innovation and Sustainability in Maritime Water Treatment
Interview between Adonis Violaris of CSN and Amir Dolan, Area Sales Manager,…
Trafigura, Gunvor demand sparks jump in Brent oil benchmark
Trading houses Trafigura and Gunvor bought nine cargoes of crude that underpin…
World Container Index Up 4% last week according to Drewry
Drewry’s World Container Index increased 4% to $5,318 per 40ft container this…
US sanctions more companies, ships involved in Iran oil trade
The United States is sanctioning new entities and ships it accused of…
Pyxis Tankers Announces Closing of Modern Dry Bulk Vessel Joint Venture
Pyxis Tankers, an international shipping company, announced today that it has…
Royal Belgian Shipowners' Association meets with European Commission to provide feedback on EU ETS
Together with other European shipowner associations and companies, the…
FrontM Expands Advisory Board with Top Maritime Experts
FrontM, the Maritime Superapp Platform company, welcomes industry experts Su…
Inchcape Shipping Services opens new office and warehouse facilities in Strategic Expansion to Trinidad and Tobago
Inchcape Shipping Services, a leading provider of comprehensive port agency and…
The potential of restoring Marine Habitats for Marine Net Gain, carbon sequestration, and port decarbonisation
Considering the global initiatives to become nature positive by 2030 [1] and…
AD Ports Group and the International Trade Centre (ITC) Sign a Strategic MOU for Cooperation to Enhance the Trade Facilitation Initiatives Globally
AD Ports Group (ADX: ADPORTS), one of the world’s leading facilitators of…
Americas Fuel Availability Outlook
North America Bunker demand has remained low in Houston this week.…
Egypt’s tender for 17 LNG cargoes fully awarded, sources say
Egypt’s recent tender seeking 17 cargoes of liquefied natural gas (LNG) for…
Container shipping market exploding in 2024, but 2025 could be a different story says BIMCO
Supply/demand balance We have revised our assumption regarding when ships…
Panama Canal celebrates eighth expansion anniversary with new draft and daily transits increases
The Panama Canal celebrated the eighth anniversary of its expansion program…
ARA gasoline stocks rise 9%, Insights Global data shows
Independently held gasoline stocks in storage in the…
U.S. energy production exceeded consumption by record amount in 2023
In 2023, energy production in the United States rose 4% to nearly 103…
Asia Fuel Oil-Markets little changed; Singapore stocks dip after four-week build
Fuel oil benchmarks were broadly stable in Asia on Thursday, while latest data…
Amogy and Mitsubishi Shipbuilding have completed a feasibility study of Ammonia Supply System for Ammonia-Powered Maritime Solution
Amogy, a provider of mature, scalable, and efficient ammonia-to-power…
Höegh Autoliners signs another 5-year contract with a major international car producer
Höegh Autoliners has signed a 5-year contract with a major international car…
The ship tech needed to get green shipping corridors up and running is ready to go
Recognising the need for climate action, the International Maritime…
Simulators should reflect actual system behaviour, not perfection – which doesn’t exist in the real world
In the maritime and offshore energy and renewables industries, where precision…
Princess Cruises launches Cruise Industry's best price guarantee on 2025 & 2026 Cruises
The Line's New "Better than Best Price Guarantee" Lets Smart Shoppers Book…
Are Boardwalk balcony cabins too loud?
One of the biggest complaints about Royal Caribbean's Boardwalk balcony…
Comtech launches Artificial Intelligence-Enabled Public Safety Solution
New SmartAssist Solution to Enhance Emergency Response & Reduce Burden…
Huawei announces plan to bring AI to networks to elevate network productivity
Speaking at a keynote of the MWC Shanghai 2024 for the 5G-A & AI…
SK hynix to mass produce Industry's Top-Performing AI PC SSDs within this year
SK hynix announced on June 28 that it has completed the development of 'PCB01',…
SEA.AI and TimeZero announce compatibility
SEA.AI has partnered with TimeZero to integrate Sentry's Machine Vision…
SAFE BULKERS to announce the 4th Annual Scholarship Program for the academic year 2024-2025
SAFE BULKERS Inc., a New York Stock Exchange listed company and its CEO, Polys…
Singapore port congestion shows global ripple impact of Red Sea attacks
Congestion at Singapore’s container port is at its worst since the COVID-19…
Monjasa introduces the largest tanker in the Panama Canal
Global top 10 marine fuels supplier, Monjasa, introduces the Panama Canal’s…
Samsung Heavy launches mega-sized LNG carrier
US. energy company Venture Global LNG announced on June 26 that Samsung Heavy…
Who is investing in energy around the world, and who is financing it?
Understanding the current landscape for energy investment is key to mobilising…
China’s LNG imports set to slow
China appears to have taken advantage of low prices in the spot market so far…
Asia Fuel Oil-VLSFO extends climb; hi-5 spread widest in more than five weeks
Asia’s very low sulphur fuel oil (VLSFO) market continued its rebound for a…
Steamship Mutual releases 2024 Management Highlights: Key Financials, Statistics, and Strategic Initiatives
The Management Highlights report provides a comprehensive overview of the…
Wallem Day of the Seafarer message from John Rowley, CEO, Wallem Group
Ahead of this year’s Day of the Seafarer 2024, a Message from John Rowley, CEO,…
Russia’s July western port oil loadings to fall 23% m/m, sources say
Russia in July will cut oil exports via its western ports to 1.5 million…
OGCI partners with GCMD to advance solutions to decarbonise shipping
The Oil and Gas Climate Initiative (OGCI) and the Global Centre for Maritime…
Reshape of the global commodity markets
The war in Ukraine has triggered a dramatic shift in the geopolitical…
East of Suez Bunker Fuel Availability Outlook by ENGINE
Singapore and Malaysia In Singapore, most suppliers now indicate lead times of…
India and China top buyers of Russian fuel oil in May, LSEG data shows
India and China were the top destinations for Russian seaborne fuel oil and…
Indonesia’s Pertamina seeks more July gasoil; Balikpapan’s CDU IV still shut
Indonesia’s state-owned oil major Pertamina is seeking 1.5 million more…
Asia Fuel Oil-VLSFO premium rebounds to three-week high
Spot premiums for very low sulphur fuel oil (VLSFO) climbed to a three-week…
Positive results for Portugal in latest Paris MoU ranking
In the first quarter of this year, the ranking of the Portuguese flag in the…
EU to place sanctions on 19 energy-related ships including LNG vessels
The European Union will add 27 vessels, including oil and liquefied natural…
New survey findings shed light on the impact of decarbonisation on seafarers’ wellbeing
A survey carried out by the International Seafarers’ Welfare and Assistance…
The Bahamas Maritime Authority’s Greek office reaches a ten-year milestone
The Bahamas Maritime Authority (BMA) was especially pleased to take part in the…
KKR and IGNIS announce partnership to develop green hydrogen, ammonia and other green technologies in Spain and internationally
Investment from KKR’s global climate strategy to support industrial…
Asia Fuel Oil-HSFO premium eases; VLSFO steady in quiet trade
Spot premiums for 380-cst high sulphur fuel oil (HSFO) retreated in Asia on…
TotalEnergies wins further maritime lease in the North Sea to develop 1.5 GW of Offshore Wind
TotalEnergies, as shareholder of Offshore Wind One GmbH, has been awarded the…
Oceaneering’s Manufactured Products Segment Secures Large Umbilical Contract
Oceaneering International announced that its Manufactured Products segment has…
Rocket Lab successfully launches 50th Electron Mission, deploys satellites for Kinéis
Electron reaches 50 launches faster than any other commercially developed…
ASTRA 1P successfully launched on SpaceX’s Falcon 9 Rocket
Most powerful geostationary satellite to operate at 19.2 degrees East will…
Celebrating the Day of the Seafarer 2024 - Ensuring safety at sea #SafetyTipsAtSea
Every year on June 25th, the international community comes together to…
From Montreal to Rotterdam, for Cyprus Shipping
Representing Cyprus Shipping in practice, the Cyprus Shipping Chamber (CSC) on…
Hanwha Group acquires Philly Shipyard, marking entry into U.S. Shipbuilding Market
Hanwha Group has made a significant move into the U.S. shipbuilding industry by…
South Korea advances toward becoming fifth largest exporter, surpassing Japan
According to the World Trade Organization (WTO) on June 20, South Korea's…
Transhipment ports challenged by changes in call patterns amid the Red Sea crisis
Key transhipment ports, such as Singapore, have witnessed a sharp rise in…
USD 182,300 per Shipment: Maritime Anti-Corruption Network Reveals the Scale and Costs of Maritime Corruption
For over a decade, the Maritime Anti-Corruption Network (MACN) has gathered…
Dry Bulk Market Demand Dynamics – Panamax P6
This week’s chart (on the right) illustrates the correlation between the number…
Bureau Veritas 25th Hellenic & Black Sea Committee
Leading Greek Shipowners meet to engage and share approaches to the challenges…
Hong Kong Government proposes amendments to update regulations on merchant shipping safety to comply with international standards
The Government gazetted a proposal comprising the introduction of a new…
Rare LNG vessel sails through Red Sea amid Houthi attacks, data shows
The first liquefied natural gas (LNG) tanker since January is sailing through…
Trafigura charters supertanker to load gasoil from Mideast
Global commodities trader Trafigura loaded diesel onto a supertanker in the…
India approves $9-billion port to boost trade with Europe
India’s cabinet approved development on Wednesday of a new deep-water port…
Lloyd’s Register grants AiP to HD KSOE for novel ammonia fuel supply system
HD KSOE’s ammonia fuel supply system receives its first approval in principle…
Aker BP awarded licence for CO2 storage in Norway
Aker BP has been awarded a new CO2 storage licence in the Norwegian North Sea,…
E-fuels offer long-term solution to key energy transition transport sectors, but journey needs to start now
Wood Mackenzie report says competitive positions can be established in…
Asia Fuel Oil-Spot 180-cst premium weakens; India sales tenders awarded
The spot cash premium for 180-cst high sulphur fuel oil (HSFO) remained under…
Holland America Line partners with Lindt to savour Special Moments On Board
Premium partnership between the two iconic brands features a "Sweet Dreams"…
Regent Seven Seas Cruises® unveils first look at next generation Ultra-Luxury Ships
Named ‘Seven Seas Prestige™’ the Ship will Transcend Luxury as the First of Two…
Utopia of the Seas shipyard photos show how close Royal Caribbean's new cruise ship is to being ready
Though Utopia of the Seas is officially one month from embarking on…