Europe Fuel Oil Battles IMO Headwind

Refiners launch new units in Russia, as the Russian fuel oil output declines. Europe's largest supply region — fell by 6.8pc, from 47.4...

LSMGO Demand Rises in Singapore

As shipowners gear up for the switch to cleaner fuels, LSMGO gets its demand Overall bunker demand was slower owing to a year...

Samskip Leads the Way for Norway’s Next-Gen of Sustainable Shortsea Shipping

In a major development, Europe's largest multimodal operator Samskip has been named the lead partner in ‘Seashuttle’, a project seeking to bring emissions-free, autonomous...

More Consolidation Ahead in Ship Management

There will be more consolidation in the ship management sector as company founders decide on their future and mid-sized managers come under pressure, says...

Challenges Brewing in Liner Carrier Industry

As the IMO 2020 deadline is closing in, the financial results of the third quarter 2018 shows that the benefits of carriers’ earnings would...

Weekly Tanker Report

The 51st weekly assessment report for the tanker market has been released by the Baltic Exchange. VLCC Middle East Gulf rates shed 3/3.5 points to WS 83/83.5...

Bulk Report – Week 51

Capesize Panic set in in the East as the holiday season approaches, with owners chasing rates lower. Rates on the key West Australia/China route collapsed...

Early Warning On Global 2020 Sulphur Cap Compliance

On 21st Dec 2018, Tokyo MOU issued a press release stating that, the Maritime Authorities of the Tokyo and the Paris Memoranda of Understanding...

TradeLens – A Tale of One Big Dream for Supply Chain

Maersk and IBM join hands to realize blockchain dream fro TradeLens Key players and major carriers keen on developing their personal blockchain solution ...

MOL Conducts Assessment on Advanced Navigation Systems

On December 21, the Mitsui O.S.K. Lines announced that MOL, MOL Techno-Trade, National Maritime Research Institute, and Tokyo University of Marine Science and Technology...