Yearly Archives: 2021
ClassNK Certifies KHI’s “SOPass” Service
ClassNK certifies “SOPass” as Innovation Endorsement for Product & Solutions developed by Kawasaki Heavy Industries, Ltd. (KHI), says a press release published on their...
Shipping Group Says 5% Should Be Zero Emission Fuels By 2030
At least 5% of fuel used by ships around the world will need to be zero emission by 2030 if the shipping industry is...
Singapore Bunker Fuel Volume Rose By 6.2% On Year In February
Sales of marine fuels at Singapore port rose by 6.2% on year during February 2021, according to Maritime and Port Authority of Singapore (MPA)...
Key Factors Expected to Weigh on Asian Middle Distillates This Week
Sluggish regional demand, unviable East-West arbitrage economics and concerns over ballooning supply were the key factors expected to weigh on the Asian middle distillates...
Premium for Marine Fuel 0.5%S Bunker Delivered 49-Week High
An unexpected outage in the week started March 7 at German energy trader Uniper's Fujairah-based crude processing unit has crimped product availability, sending the...
Results from Initial Application of ABS AI Corrosion Detection™ Solution
Results from the initial application of the unique ABS Artificial Intelligence (AI) powered Corrosion Detection digital solution show it has identified corrosion with 98.9%...
Firm Vessel Rates Push Baltic Index Up By 23 Points
The Baltic Exchange's main sea freight index rose to 5-month peak, reports Yahoo Finance.
Firm vessel rates
The Baltic Exchange's main sea freight index rose to...
New NOAA Vessel To Explore Deep Oceans Launched in Newport
New NOAA ocean exploration ship to be based in Newport, Rhode Island.
The state-of-the-art ship will operate off the coasts of the U.S....
The Tragic Tale Of The Doomed Ferry The Herald Of Free Enterprise
Exactly seven months after a tragedy which devastated a nation, doomed ferry the Herald of Free Enterprise sailed like a ghost ship past the port...
Diversifying Oil Imports Can Help Reduce Dependence On The Middle East
India, the country with the most exciting energy growth prospects for tanker owners this decade, is diversifying where it sources crude from, something likely...