Yearly Archives: 2024
Electric Harbour Craft Charging Concepts For Trial Implementation
MPA has chosen Pyxis Energy Pte Ltd, Pyxis Maritime Pte Ltd, and SP Mobility Pte Ltd, alongside Seatrium O&G (International) Pte Ltd, and...
Bunker Indices Maintain Stability Following Previous Day’s Upward Trend
Expected to remain stable after a previous upward shift.
Calculated based on current prices for 380 HSFO, VLSFO, and MGO.
Houston: Overcharged, narrowing...
EU Trading System’s Impact On LNG Dynamics
Oil markets faced a significant setback as Brent crude plummeted 4% to $75.65 per barrel, triggered by Saudi Arabia's decision to cut oil export...
HSFO Retreat: Shifting Trends In Fuel Premiums
The Asian market for Very Low Sulphur Fuel Oil (VLSFO) experiences a nearly six-month low due to supply pressures and stagnant bunker demand, particularly...
Supcon’s Landmark Cyber Approval
In a groundbreaking move, the China Classification Society (CCS) has recently granted the first-ever type approval certificate in China for a computer monitoring and...
Sailing Into 2024 : Tanker Industry Outlook
The end of last year was marked by a significant increase in attacks on ocean-going vessels
in the Red Sea, with several prominent shipping companies...
Oil Tankers Navigate Troubled Waters
Oil and fuel tanker traffic in the Red Sea was stable in December, even though many container ships have rerouted due to attacks by...
Red Sea Crisis Sends Shockwaves Through Global Shipping
Up to 822 ships – around a third of global capacity – are potentially impacted by attacks in the Red Sea, according to Drewry...
Hapag-Lloyd Stays The Course
Germany's Hapag-Lloyd will continue to divert its vessels away from the Suez Canal and around the Cape of Good Hope for security reasons, a...
A Journey Through Shifting Tides Of Trade
Why don’t you gaze upon your IKEA table with wonder? This is a piece of furniture that couldn’t have existed a few decades ago....