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Freight Rates Decline Across Dry Bulk Segments Amid Soft Pacific Demand
Capesize rates dropped sharply due to reduced iron ore volumes from West Australia and softening Atlantic demand.
Panamax market saw weak activity across...
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NWSA TEU Volumes Rise 3.5% YTD
VLGC rates remain near a 16-month high, driven by Indian port congestion and Panama Canal delays.
European ports are witnessing notable growth, with...
Singapore Solidifies Global Lead with FueLNG’s 500th Ship-to-Ship LNG Bunkering Operation
FueLNG, a leading provider of LNG bunkering solutions, has successfully completed its 500th ship-to-ship (STS) LNG bunkering operation. This achievement, which occurred in Singapore...
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Safety Enhanced on World’s First Hydrogen Carrier, Following A Malfunction
The cause of the incident on the Suiso Frontier on Jan. 25 last year has been fixed, the Australian Transportation Safety Board said in...
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Wärtsilä To Design Antarctic Eco-Vessel
Wärtsilä is selected to design a multi-purpose transport vessel that will operate in Antarctic waters.
The ship was equipped with a number of integrated propulsion...
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COVID’s Silent Spread, A Special Report
In early February, 57 people arrived at a Nebraska military base, among the first Americans evacuated from Wuhan, China, the epicenter of the new...
Americas Aframax, Panamax Rates Surge on Tropical Storm
Freight rates for Aframax and Panamax vessels in the Americas climbed Worldscale 22.5 and w12.5 Tuesday as delays in the US Gulf Coast amid...
Trade War Cuts U.S. Liquefied Natural Gas Exports to China
As trade war escalates between the United States and China, no LNG vessels that left the United States in March and April have...
[Watch] Installing Storm Mooring System To an LNG FSU
The Republic of Malta, located in the Mediterranean Sea, has traditionally been reliant on diesel and heavy fuel oil for its power generation; these...
ICE Warns That The TTF Gas Market May Not Be Viable
According to a memo given to member states and obtained by the Financial Times on December 15, commodity exchange operator ICE warned of a...
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China’s First Ever National Level Hydrogen Industry Development Plan
China has been making inroads into hydrogen for several years.
It is through various sectors such as equipment manufacturing and fuel cell vehicles.
...
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