Platts Launches Charter Index for LNG-fuelled Newcastlemaxes
S&P Global Platts is set to roll out time charter equivalent (TCE) assessments for 209,000 dwt newcastlemax bulkers using LNG as bunker fuel on six key routes and a ton-mile weighted average index named...
GCMD & Global Maritime Forum Sign Decarbonisation Partnership
The Singapore-based Global Centre for Maritime Decarbonisation (GCMD) has signed a knowledge partnership agreement with the Global Maritime Forum to support and accelerate the transition of the maritime industry to a low-carbon future, reports...
GMS Linked To Handy Bulker Sale
Broker sources link GMS, best known as a cash buyer for demo ships, to a handy sold at a US auction, reports Splash247.
$16.4m deal
Details are emerging from the sale of a bulker arrested in...
Oil Product Stocks Extend Gains As Middle Distillates Surge 36%
Total stockpiles stood at 19.933 million barrels as of Feb. 7, up 1.7% from a week earlier.
Gasoil exports averaged 18,800 b/d, the lowest since May 2020.
Stocks of heavy distillates and residues...
An Agreement To Create Digital Platform For NSR
Rosatomflot, part of the Rosatom Group, has signed an agreement to create a unified platform for digital services to make shipping via the NSR safer.
The project, worth RUB 1.33 billion ($17.7 million),...
International Group Became A Member Of MARIN Top Tier Project
International Group recently became a member of the Maritime Research Institute of the Netherlands (MARIN) Top Tier project.
The project has been established to examine and assess the causes of container losses.
It...
Seafarers Happiness Index (SHI) Quarter 4 2021 Results
Seafarers Happiness Index (SHI) Quarter 4 2021 results wraps up 2021.
Q4 SHI reports an overall average score of 6.41/10, down from 6.59 in Q3, reflecting an onslaught of issues facing seafarers that...
East of Suez Bunker Fuel Availability Outlook
Bunker supply resumed fully in Zhoushan, Hong Kong and South Korea in the past week after muted activity during the Lunar New Year holiday, reports ENGINE.
VLSFO and HSFO380
VLSFO and HSFO380 availability remains tight...
MOL Inks Charter Contract for a Newbuilding Ice-Breaking Carrier
Mitsui O.S.K. Lines, Ltd. (MOL) announced that on January 26, it agreed to participate in cargo transport for the Arctic LNG 2 Project on Russia’s Gydan Peninsula, and signed, through a MOL subsidiary, a...
Royal Wagenborg Renews And Extends Contract With Castor Marine
Castor Marine will equip an additional 15 Wagenborg vessels, currently on 4G, with VSAT. Castor Marine is proud of Wagenborg’s trust in its services.
For more than eight years the company has provided...