Commodity Tracker: 4 Charts To Watch This Week

Meeting COP26 commitments is going to be an uphill battle for Asia's top 10 carbon dioxide emitters. In Europe, refiners are facing a more immediate challenge, in the form of the omicron variant of COVID-19 threatening oil...

Chevron Joins Sea Cargo Charter

Chevron Shipping Company has joined the Sea Cargo Charter, a benchmark initiative for responsible shipping activities, transparent greenhouse gas reporting, and improved decision making in line with UN decarbonisation targets, reports LNG Industry. Sea Cargo...

Eagle Bulk Completes 1st Sustainable Biofuel Voyage

Eagle Bulk completes 1st biofuel-powered test voyage in cooperation with GoodFuels. Eagle continues to actively explore ways to decarbonize its fleet. GoodFuels’ advanced biofuels are produced from certified renewable feedstocks labelled as 100%...

Allied’s Weekly Market Report – Week 49, 2021

A short breath before the close of the year and we still find that the dry bulk sector has seemingly held its high hopes for the near future. This may be but a mere...

Trio Awarded €4.3M In Funding For A Bio-LNG Production Plant

This technology resolves various challenges in the production of small-scale LNG, including producing high-quality bio-LNG (not containing contaminants); zero methane ‘slip’ (not releasing unburned methane); and no high-temperature demands in gas treatment technologies,...

CMA CGM Receives LNG-Powered Vessels

CMA CGM, the French shipping conglomerate, has taken delivery of the 15,000 TEU, Kimberley, adding to its huge fleet of LNG-powered container ships as reported by LNG Prime. Container vessel The dual-fuel ultra-large container vessel was...

First Business In The World To Be Valued At $3 Trillion

Apple is about to reach yet another significant milestone. The iPhone maker is on the verge of surpassing a market value of more than $3 trillion, making it the first publicly traded corporation to...

Fire Aboard Berthed Vessel, Grave Damage

Fire erupted on board of passenger ship berthed at Sorong City, West Papua, Indonesia, early in the morning LT Dec 14, reports Maritime Bulletin. What happened? Fire erupted on board of passenger ship that was berthed...

ClassNK Grants Innovation Endorsement To U-MING’s FSM System

ClassNK has granted its Innovation Endorsement for Products & Solutions to U-MING. U-MING describes their proprietary FSM System collects near real-time information on vessels so that the crew and operations personnel can access...

NYK Solve The Shortage Of Future Seafarers

A technology development project on the highly automated operation of marine engines – R&D on Next-Generation Coastal Ships Utilizing Remote Engine Monitoring Technology. Project was selected by the Ministry of Land, Infrastructure, Transport...