News

The Dawn of Methanol Fuel: A Peek into Singapore’s First Bunkering Operation

Energy, News /

An Epoch-Making Marine Fuel Survey VPS, an established testing firm, recently conducted the first quantity survey on a methanol bunkering operation in Singapore. AP Moller-Maersk alongside Hong Lam Marine appointed the firm for the important and historic exercise. This event, held on July 27, pioneers the bunkering of Maersk’s new environmentally-friendly methanol-fuelled feeder vessel in […]

The Dawn of Methanol Fuel: A Peek into Singapore’s First Bunkering Operation Read More »

Shedding Light on the Heartbreaking Scene of Barbaric Dehorning

News, Policy /

Shocking Discovery Stirs Outrage As the day’s tasks concluded at the feedlot and the National Council of Societies for the Prevention of Cruelty to Animals (NSPCA) inspectors had retreated, an unnerving discovery screamed for attention. Awakening to a horrific sight, these dedicated advocates were aghast in finding several rams in dire distress, a few still

Shedding Light on the Heartbreaking Scene of Barbaric Dehorning Read More »

Smooth Sailing Ahead: CMA CGM Foresees Positive Turnaround in Container Freight Demand

Economy, News /

The French shipping giant, CMA CGM, heralds an optimistic future for container freight demand starting next year. However, the company anticipates steady profits for the rest of this year, pinned down by a fragile economy and a downward trend in freight rates from all-time highs. These predictions were made public on Friday, painting a hopeful

Smooth Sailing Ahead: CMA CGM Foresees Positive Turnaround in Container Freight Demand Read More »

Hidden Powerhouses of Oil: The Rise of Unknown Trading Firms in Russian Oil Export

Logistics, News /

In a surprise move in May, a Liberia-flagged oil tanker, dancing on Russia’s Ust-Luga port waters, loomed large with 100,000 tonnes of Urals crude oil. The oil was not for the heavyweight oil companies but on behalf of an obscure Hong Kong-based trading company – Guron Trading. But why and how? The unfolding story of

Hidden Powerhouses of Oil: The Rise of Unknown Trading Firms in Russian Oil Export Read More »

Embracing Green Maritime: Japan’s Tugboat Scheduled for Ammonia Conversion

News, Technology /

Honing in on the bid to create a greener future, NYK of Japan gears up for an incredible transformation. The maritime behemoth’s tugboat, Sakigake, has recently filled its tanks with Liquified Natural Gas (LNG) for the last time, signaling an innovative change on the horizon. A Groundbreaking Decision Sealed with the Last LNG Bunkering Ever

Embracing Green Maritime: Japan’s Tugboat Scheduled for Ammonia Conversion Read More »

An Ocean of Green: Bio-LNG Bunker Fuel Makes Waves in Seaports Worldwide

Energy, News /

The New Wave: Bio-LNG in 70 Ports What once seemed a distant reality is now far closer to home – or more accurately, the dock. Bio-LNG, a sustainable alternative to traditional ship fuel, has made its debut in nearly 70 ports around the globe. This transition towards cleaner energy sources has been disclosed by the

An Ocean of Green: Bio-LNG Bunker Fuel Makes Waves in Seaports Worldwide Read More »

Unveiling the Future of China’s Economic Resurgence: A Glimpse into Investment and Economic Growth Policies

Economy, News /

China’s Roadmap for Economic Stabilization In the face of the recent surges in real estate stock prices seen across Hong Kong and Shanghai, dry bulk owners anticipating significant stimulus from the latest Politburo conference in Beijing might feel underwhelmed by the scope of proposed economic actions. China’s governing cadre made obligations on Monday to heighten

Unveiling the Future of China’s Economic Resurgence: A Glimpse into Investment and Economic Growth Policies Read More »

Shift in Tides: Euroseas’ New Charter Agreements for Container Ships Rena P and Emmanuel P

Logistics, News /

Setting the Sail: Tactical Termination and Rechartering Greek shipping giant, Euroseas, has made a strategic move by terminating the prevailing charter agreements for the Rena P and Emmanuel P container ships. To maintain the course, the company quickly drew up new charter agreements for these vessels. The 2007-built Rena P, a 4,250 teu ship, was

Shift in Tides: Euroseas’ New Charter Agreements for Container Ships Rena P and Emmanuel P Read More »

A Milestone Achievement: The EU’s Landmark Decisions for Climate-Neutral Shipping

News, Policy /

In a victory for environmental advocates, two years of fervent negotiations have culminated in the European Union (EU) finalizing its rules for climate-neutral shipping through the FuelEU Maritime initiative. This political accord mandates the integration of the shipping industry into the EU’s emissions trading system by 2024 and the application of FuelEU Maritime by 2025.

A Milestone Achievement: The EU’s Landmark Decisions for Climate-Neutral Shipping Read More »

Bunker Fuel Market Heats Up: A Week’s Record High Prices at Ports Worldwide

Economy, News /

Weekly Highs of Bunker Fuel Prices In a significant turn of events, most ports worldwide witnessed a hike in bunker fuel prices last Friday. The global average price of Very Low Sulphur Fuel Oil (VLSFO) reached a peak unseen since the previous week. This surge in prices reflected the robust health of the bunker fuel

Bunker Fuel Market Heats Up: A Week’s Record High Prices at Ports Worldwide Read More »

Scroll to Top