Ukraine Sets A Ceasefire Goal For New Russia Talks

Air raid sirens sounded across Ukraine before dawn on Tuesday as Ukrainian and Russian negotiators prepared to meet in Turkey for face-to-face talks, with Kyiv seeking a ceasefire without compromising on territory or...

[Watch] Oil Tanker Explosion, 1 Dead

An oil tanker exploded and caught fire on Sunday at the mouth of the Chao Phraya River in Phra Samut Chedi district, killing one crew member and injuring another, reports Bangkokpost. Tanker explosion The Boonwipa Rescue...

LNG Stocks Take Off After President Joe Biden’s Plan

Dynagas LNG Partners, which has three of its six vessels on charter to Gazprom (Singapore) and two to Yamal LNG (Singapore), climbed more than 16% to $3.50. While Flex LNG rose by 10.5%...

Backers For The Nuclear Powered Ships Rise

Support is growing for Mikal Bøe-led Core Power, a high profile developer of nuclear propulsion for merchant ships. First launched in 2018, Core Power today can boast 49 shipping companies as backers of...

What Is Key For Emissions Reductions?

A recent news article published in the Riviera states that fuel efficiency is key for emissions reduction. Fuel efficiency and Decarbonization When it comes to decarbonisation, fuel efficiency is one of the most important methods shipowners...

Cost Of Carbon Would Be Reflected In Overall Bunker Price

Putting the cost of carbon into the price of bunker fuel could form part of the UK's effort to get to net-zero, according to a UK government consultation paper. As it presently stands,...

A Nationwide Campaign To Reduce Carbon Emission

Rwanda Environment Management Authority (REMA) launches a nationwide campaign to reduce vehicle carbon emissions. It is a part of the country's broader efforts to promote a carbon-neutral economy. A recent news article published in...

10 Men Arrested For Illegal Transaction Of Marine Gas Oil

A recent news article published in the Manifold Times states that 10 men arrested over illegal MGO transaction, SGD 31,000 seized. PCG arrests 10 men The Police Coast Guard (PCG) on Friday (25 March) said it...

What Are the Factors Affecting the Container Rates?

2022 looks set to be another bumper year for container lines, but what are the factors applying the brakes to container rates, reports Seatrade Maritime News. Supply/demand imbalance In its 2022 container shipping report, AlixPartners noted...

Crude Oil Futures Collapse Amid Shanghai Lockdown

Crude oil futures tumbled in mid-morning Asian trade March 28 after the Shanghai government locked down half the city for mass testing as COVID-19 cases there hit a record high. Brent futures dip At 11 am...