Maersk Shares 9 Million Weather Observations

Maersk announces that it releases all historical and future ocean weather observations into the public domain. The data which has been collected by Maersk vessels since 2012 increases publicly available ocean weather data...

Retrofits, A Key To Shipping Decarbonization

MAN Energy Solutions says that dual-fuel retrofits already proven on its MAN B&W low-speed engines could enable massive potential emission savings. A massive number of vessels in the current, ocean-going fleet have the...

Increased Transit Volumes At The Panama Canal Pushed for Clean Fuel

MR tanker freight recovers from slump in response More LNG demand in Asia pushes cargoes East Increased transit volumes at the Panama Canal pushed wait times higher for clean petroleum product and unreserved LNG...

BIMCO COVID19 Weekly Report – 28 January 2022

This BIMCO COVID 19 weekly report for the week ending 28 January covers the World Health Organization (WHO), Bangladesh, Brazil, Cyprus, Hong Kong, Ghana, India, Indonesia, Oman, Philippines, Togo, United Arab Emirates, United Kingdom...

Tesla’s Most Significant Project Rumored To Surpass Its Auto Industry

Elon Musk says Tesla's humanoid robot is the most important product it's developing in 2022. I'm not sure what an economy even means at that point. Musk's comments may disappoint Tesla customers and...

World’s Largest Canal Lock Unveiled at Netherlands

The 500-meter-long and 70-meter-wide infrastructure project gives Amsterdam a "bigger front door." It also took three years longer and cost around €300 million more than planned, reports DW. About the canal lock The 500-meter (1,640-feet) long...

Wärtsilä Reports A Drop In Scrubber Orders

Wärtsilä, Scrubber orders have been thin on the ground despite a widening discount for HSFO. The unit covers the firm's activities in scrubbers, gas solutions, marine electrical systems and shaft line solutions. The...

Norway Releases Hydrogen Ferry Plans

Norway has announced plans introduce hydrogen powered ferries. It is a project that will see both new build vessels introduced and the conversion of existing LNG-powered tonnage to run on biofuel. A recent news...

Crude Oil Futures Bullish After Overnight Losses

At 10 am Singapore time (0200 GMT), the ICE March Brent futures contract was up 35 cents/b (0.39%) from the previous close at $89.69/b While the NYMEX March light sweet crude contract rose...

China’s Economy Starts the Year With a Wobble

Growth in China's factory activity slowed in January as a resurgence of COVID-19 cases and tough lockdowns hit production and demand, but the slight expansion offered some signs of resilience as the world's second-largest...