Trafigura is agnostic on whether ammonia or methanol will become maritime’s dominant green fuel, however, recent actions suggest the company is being drawn to ammonia
Safe Bulkers, Inc., an international provider of marine drybulk transportation services, announced today its unaudited financial results for the three and nine month periods ended September 30, 2024. The...
“During the first 10 months of 2024, coal shipments to advanced economies fell 6% y/y. Import demand weakened, particularly in Europe, where it fell 22% y/y as countries continued...
A new report published by DNV reveals that the majority (61%) of maritime professionals believe the industry should accept increased cyber risk from digitalization if it enables innovation and...
The share of G7-linked crude tankers in Russia rebounded to a seven-month high in October, supported by recent Russian crude weakness as their operators found trade opportunities without breaching...
Amazon.com and IKEA, in alliance with about three dozen other companies that depend on ocean freight, will invite shipping firms for the first timeto bid on a contract in...
BIMCO has launched a Ship Recycling Alliance to help accelerate safe and environmentally sound recycling of ships. The alliance will co-ordinate the voices of the ship recycling industry and...
A landmark partnership to develop the safety guidelines for ship-to-ship ammonia bunkering has been established through a Memorandum of Understanding (MOU) between KR (Korean Register), HD Korea Shipbuilding &...
Spot premiums for high sulphur fuel oil (HSFO) edged higher on Wednesday amid a stronger backwardated market structure. Intermonth spreads firmed for both 180-cst and 380-cst grades at the...
Northwest Europe Bunker availability is still tight in Rotterdam and the wider ARA hub, a trader said. Lead times for HSFO continue to remain at 7-10 days. VLSFO and...
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