Echandia Supply World’s First Emission Free High-Speed Catamaran

Echandia has signed an agreement to supply what it says is the world’s first emission-free high-speed catamaran with an integrated battery and hydrogen-based fuel cell system. The client is Green City Ferries and...

Bunker Supply In Japan Expected To Tighten In Nov As Demand Rise

Bunker fuel supply in Japan is expected to tighten in November. The supply of both marine fuel 0.5%S and high sulfur bunker fuel has already started to tighten. The average of freight rates...

What Does Sinopec See In China’s Emissions Peak Action Plan?

China's 2030 carbon emissions peak action plan provides more opportunities than threats to Sinopec's business. Secretary to the Board of Directors Huang Wensheng said during the company's third quarter results briefing conference call...

Hyundai Filterless Ballast System Gets USCG Approval

The US Coast Guard Marine Safety Center has issued the 45th Ballast Water Management System Type Approval Certificate to Hyundai Heavy Industries, says an article published in ShipInsight. 45th BWMS Type Approval The US Coast Guard...

Singapore Residual Fuel Oil Inventories Rises 0.5%

Singapore residual fuel oil inventories rose 0.5% in the week ended Oct. 27. It marks four consecutive weeks of stock build-up, as weekly net import volumes dropped but were near the 2021 weekly...

[Watch] How 1.5C Could Change The World

 Why it's important to keep global warming to 1.5°C to protect the planet? Disclaimer: This video is intended for informational purpose only. This may not be construed as a news item or advice of any...

Ningbo Containerised Freight Index

Weekly composite index covering 20ft, 40ft, and Hi-Cube box rates says an article published in Baltic Exchange. Baltic Exchange publishes the weekly Ningbo Containerised Freight Index, compiled by the Ningbo Shipping Exchange. Route 2021-10-29 2021-10-22 Weekly change (%) Ningbo -...

Asian HSFO Weakens Due To This Reason for Past Few Months

Asian high-sulphur fuel oil (HSFO) markets have weakened considerably after a summer power generation-fuelled rally for the past few months. It is mainly against cooling demand and higher exports. A recent news article published...

Weekly Bulk Report – Week 43, 2021

The Baltic Exchange has released a report about the dry bulk market for the 43rd week of shipping activities of this year. The report dated 29th October highlights the dry bulk market conditions at...

‘Handysize’ Ships Important During Maritime Covid-19 Waves

  The years of Covid were “some of the worst years of all time” for shipping, according to Ed Buttery, CEO of the £285.7m Taylor Maritime trust. Buttery explained that the challenges were primarily...