NYK, MTI & GRID Collaborate on AI Ship Allocation Optimization
Nippon Yusen Kaisha (“NYK”), NYK Group company MTI Co. Ltd. (“MTI”), and GRID Inc. (“GRID”) have started developing a model using AI to optimize the efficiency of ship allocation plans of pure car and...
Weekly Bulk Report – Week 11, 2022
The Baltic Exchange has released a report about the dry bulk market for the 18th week of shipping activities of this year. The report dated 18th March highlights the dry bulk market conditions at the...
Asia middle distillates: Key market indicators for March 21-25
The Asian middle distillates complex is likely to remain rangebound at elevated levels in the week of March 21-25 amid tight global supplies and steady demand, with any developments in the Russia-Ukraine war expected...
Commodity Tracker: 5 charts to watch this week
Oil demand and container freight rates are among the casualties in the latest COVID-19 outbreak that has sent various cities in China in lockdown. The EU's ambitious goal to be energy independent from Russia,...
Asia light ends: Key market indicators for March 21-25
Asia's light ends markets are expected to be firm on stronger Brent crude, with gasoline also set to be boosted by increased regional travels following easing COVID-19 curbs.
Naphtha is seeing buying interest for the...
ABB Claims To Cut Fuel Consumption Up To 20%
ABB Turbocharging has launched a new digital solution which it says can enable potential combined emission savings of up to 20%, reports BunkerSpot.
About Tekomar XPERT
Tekomar XPERT marine comprises three modules covering the engine, hull...
[Watch] Brand-new Flying Tesla, Jumps 50 Feet Into the Air
he was approached by a Tesla driver who, out of the blue, wanted to show him where David Dobrik jumped his EV. Since this was a friendly encounter and a curious invitation.
he...
Euroseas Orders Feeder Boxship Trio
Greek boxship owner Euroseas has penned a new contract with Hyundai Mipo Dockyard for the construction of three 1,800 teu LNG-ready eco-design feeder containerships.
The Nasdaq-listed company is paying approximately $102m for the...
Progress in Alternative Bunker Emissions Regulations
The IMO's Intersessional Working Group on the Reduction of GHG Emissions from Ships has reported progress in developing criteria for judging the environmental performance of alternative bunker fuels, reports Ship and Bunker.
About the progress
The...
Shell Marine To Tackle Decarbonisation Goal
Shell Marine's partnership with box ship firm MSC to create a future fuel ship in five years' time will be replicated in other, similar projects, the company has said, reports Ship and Bunker.
Approach
Part of...