Multipurpose Time Charter Index Up by 1.7%
The Drewry Multipurpose Time Charter Index tracks one-year period charter rates across a basket of vessel types and sizes and forecasts the market movement over the coming month. The vessel types include breakbulk and...
Designs for Ammonia-Fueled Aframax Tanker
Norway’s Green Shipping Program is undertaking a project designed to expand on the current efforts in the shipping industry researching ammonia-fueled engines and safety and class rules to develop an ocean-going ammonia-fueled tanker, says...
Mandatory Biofouling Management Requirements In Australia
All international vessels calling at Australian ports will be subject to biosecurity control.
Implementation of an effective biofouling management plan and associated record book.
Members that have not applied one of the three...
Bunker And VLSFO Hit The 4 Digit Territory
bunker prices have crossed through the $1,000 per tonne mark for the first time in history.
Prices for low sulphur fuel oil (VLSFO) entered four-digit dollar territory
average price for VLSFO at $1,051...
UK Faces Large EU Bill over Chinese Imports Fraud
The British government faces paying a hefty charge to the EU after the European court of justice ruled it had been negligent in allowing criminal gangs to flood European markets with cheap Chinese-made clothes...
Technologies Will Be Vital For Reducing Carbon Emissions
Information analysis, machine learning, simulator training and ecosystem communications will be vital for reducing carbon emissions.
Svitzer collects data from its tugboat fleet in Australia and the UK on vessel fuel consumption during...
Rift Among NATO Allies Due To Poland Offer
In a rare sign of disunity among NATO allies, the Defense Department on Tuesday rejected an unexpected offer by Poland to have the U.S. take custody of Soviet-era fighter jets that would be...
Ukraine Accepts Russia’s Demands
I never wanted to be a country that is begging something on its knees.
He was open to discussions about the control of Russian-backed separatist regions in eastern Ukraine, which could be an...
China’s Crude Imports Likely To Remain Low Amid Surging Oil Prices
Refining margin squeezed as crude soars above $130/b.
Beijing is keen to maintain a strategic partnership with Russia.
China is likely to export less oil products to ensure local supplies.
China's crude imports in...
TT-Line Welcomes Its First New Green Ship
German ferry operator TT-Line has taken delivery of its first green ship, the LNG-powered Nils Holgersson.
The yet-unnamed ferry was launched in July last year.
The ships are equipped with MAN’s dual-fuel, diesel-mechanical...













