China’s Shipbuilding Industry Goes Green

Global Leadership: China's shipbuilding industry maintains its global leadership position, with a focus on green and low-carbon technologies. Future Outlook: The industry is actively pursuing zero-carbon solutions, including hydrogen fuel cell-powered ships, to...

LNG Shipping Stocks: A Week of Gains Amid Strategic Expansions

The UP World LNG Shipping Index (UPI), which tracks LNG shipping companies globally, rose 1.49% last week. This period was marked by varied performances among companies, influenced by third-quarter results and post-election developments in...

Silverstream Signs MoU with China Merchants Yard for Retrofits

Silverstream Technologies has signed a MoU with Yiu Lian Dockyards Ltd. The partnership aims to drive retrofit installations of the Silverstream® System. Air lubrication system company Silverstream Technologies has signed an MoU with Yiu...

Gard Releases Updated Advisory for the Maritime Industry

On 21 October 2024, the Price Cap Coalition issued an Updated Advisory for the Maritime Industry which sets out best practice recommendations for those involved in the trade of Russian origin crude oil...

Singapore LSMGO Differentials Rise Amid Tight Supply

LSMGO ex-wharf cargo Nov differentials inch up to around minus $1/b Traders see lower demand for Singapore gasoil bunker in Nov Term contractual supply of November-loading barrels of Singapore ex-wharf low sulfur marine gasoil,...

Gard: Charterparty Considerations for Wind-assisted Propulsion

While the industry continues its search for fuels that have less GHG emissions, the age-old method of utilising wind to propel ships is starting to come back into use with newer designs and...

BSEE Issues Safety Alert After Worker Injured in Hatch Fall

A worker sustained leg and knee injuries after falling through an open hatch. BSEE issued Safety Alert 489, emphasizing situational awareness in hazardous environments. Recommendations include using fall protection, hazard identification, and installing...

Canada Invests $30M in Quebec’s Green Shipping Future

Canada invests $30 million in Quebec’s green shipping projects to cut marine emissions. Funding will support electrification, shore power, and clean ship technologies. The Green Shipping Corridor Program aims to create sustainable maritime...

EXMAR Launches New LPG Entity in France

EXMAR launches EXMAR LPG France, set to operate six dual-fuel LPG/ammonia gas carriers. The first-of-its-kind MGCs are under construction, with delivery starting in Q1 2025. Collaboration with Seapeak, WinGD, and Wärtsilä to power...

Portsmouth Port Installs UK’s First Multi-Frequency Shore Power System

Portsmouth International Port has begun installing an advanced shore power system as part of the Sea Change project, making it the first in the UK to support multiple ships at different electrical frequencies simultaneously....