Singapores very low sulphur fuel oil (VLSFO) market has retreated from an earlier rally amid prospects of higher regional inflows this month. The 0.5% VLSFO cash differential fell day-on-day to a premium of $78.20 per tonne to Singapore quo

The Baltic Exchanges main sea freight index rose on Thursday as an uptick in rates for smaller panamax and supramax vessels offset weakness in the capesize segment. The overall index, which factors in rates for capesize, panamax and suprama

Following a decision by its Board of Directors, ABB today announces its intention to spin off Accelleron (formerly ABB Turbocharging), its market-leading turbocharging division, by way of a dividend in kind of Accelleron Industries Ltds sha

A giant mineral resources group was set up in Xiongan New Area, North Chinas Hebei Province on Tuesday, in a long-awaited move that would give China a bigger say in iron ore pricing. China Mineral Resources Group, with a registered capital

Industry best practices for addressing the challenges posed by an aging global Floating Production Storage and Offloading (FPSO) fleet have been published by ABS in a safety milestone for the sector. Enhancing Safety on FPSOs, Practical Con

On July 18, a small boat capsized off the coast of Morocco in West Africa. GREAT TRIUMPH, a vessel owned by CMES Hong Kong Ming Wah Shipping, responded to the rescue call from LAS PALMAS Maritime Rescue Coordination Center (MRCC) immediatel

RINA issued Certificate ofApprovalin Principle (AiP)toShanghai Moury Marine EquipmentCo., Ltd.forrecognitionofits design and development capabilities in marine energy-savingdevices - pre-shrouded vanes. RINA hold an Approval in Principl

Singapore VLSFO supply continues to be tight in Singapore. Demand for prompt stems have increased in recent weeks, resulting in high price premiums for prompt delivery dates, a trader says. The market is likely to remain tight throughout th

Wednesday 20 July 2022, London: International Chamber of Shipping (ICS),the global trade association for shipowners and operators, continues to enhance and strengthen its team with five appointments over the past three months to support the

The algorithm underpinning Signal Oceans estimates of vessel CO2 emissions has been verified as meeting IMO guidelines by the independent classification society DNV. The calculation considers all aspects of any voyage as well as any route d

Chevron Marine Lubricants announced the launch of its Clarity Synthetic EA Grease 0, an anhydrous calcium thickened lubricating grease based on biodegradable synthetic esters that meet the parameters specified in the 2013 Vessel General Per

Recently, Fuel Gas Supply System(FGSS)independently developed byCOSCO SHIPPING Heavy Industry Technology (Weihai) has officially obtained the Approval in Principle (AIP) certificate issued byDNV. The certificate awarding ceremony was held i

Introduction The International Maritime Organisations (IMO) attempts at curbing the emissions of Shipping have been in the headlines for nearly a decade. Their flagship policy, EEDI (Energy Efficiency Design Index), has laid the way for a h

MARPOL Annex VI regulations were written for petroleum derived fuels but also apply to biofuels. It has been a challenge to meet the regulatory requirement to demonstrate that biofuels do not cause an engine to exceed the applicable NOx emi

A new container liner route linking Taicang in East Chinas Jiangsu province and Rotterdam in the Netherlands was launched on Sunday, according to the Yangtze River Pilotage Center. The German vessel WIKING is the first container ship to be