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The Marine Fuels Alliance Announces a Partnership with Windward to Help the Bunkering Industry Overcome Compliance Chall

01/12/2022

The Marine Fuels Alliance (MFA), a network of independent bunker suppliers, announces a partnership with Windward, the leading Maritime AI™ company, to overcome the evolving challenges of compliance, screening and environmental risk. As part of the partnership, Windward will provide

ENGINE: East of Suez Bunker Fuel Availability Outlook

01/12/2022

Singapore

Singapore has been witnessing robust VLSFO demand lately, which has contributed to tighten availability of the grade in the port, with lead times now stretching to almost two weeks ahead. Recommended lead times for HSFO are shorter at 7-9 days,

Tankers: Longer hauls to support continued strength

30/11/2022

Highlights

  • A rebound in the dirty tanker trade has led the Baltic Exchange Dirty Index (BDTI) to increase by 64% since our last report from mid-September. The clean tanker trade has seen the Baltic Exchange Clean Index (BCTI) increase by 21%.
  • The

Europe’s LNG import capacity set to expand by one-third by end of 2024

30/11/2022

Liquefied natural gas (LNG) import capacity in the European Union (EU) and the United Kingdom (UK) will expand by 34%, or 6.8 billion cubic feet per day (Bcf/d), by 2024 compared with 2021, according to the International Group of Liquefied

Ammonia-Fuel Ready LNG-Fueled Vessel Proceeds to Actual Design Viable, functional, and safe concept design completed

29/11/2022

Nippon Yusen Kabushiki Kaisha (NYK), MTI Co., Ltd. (MTI), and Elomatic Oy (Elomatic) have completed the concept design phase of a new capesize bulk carrier and a very large crude oil tanker (VLCC) in a project that aims to build

Wärtsilä partners with cleantech start-up Hycamite to jointly develop technology for onboard production of hydrogen from

29/11/2022

The technology group Wärtsilä has entered into a joint development agreement with Hycamite TCD Technologies, a privately-owned Finnish company specialising in the development of a pioneering technology for producing clean hydrogen and solid carbon from methane. The two companies will

Tankers: VLCCs Down, but Product Tankers Up This Week

28/11/2022

Clean

The market has generally seen improvements all round this week. This was reflected in the BCTI climbing 277 points to 1738.

The Middle East Gulf has seen a surge in activity on all sectors. TC1 has shot up 95 points to

How the shipping industry is betting on ammonia as part of a cleaner energy mix

28/11/2022

It’s versatile and abundant and you can store and transport it. Ammonia is seen by many as a future source of clean energy for the maritime industry. But for ammonia-fuelled shipping to become a reality, more work needs to be

How the Jones Act exacerbates the US Diesel shortage

28/11/2022

Senator Wesley Jones, who represented Washington state in the US Congress for 33 years until his death in 1932, was a stalwart advocate of his constituents’ interests and a strong proponent of Prohibition. But his name lives on principally because

GAC Greece plays key role in nation’s first LNG ship-to-ship transfer

26/11/2022

The first-ever ship-to-ship (STS) transfer of liquefied natural gas (LNG) in Greek territorial waters has been successfully completed with the support of GAC Greece’s shipping and project logistics teams.

Approximately 140,000 m³ of LNG was transferred from Hoegh Norway’s tanker Arctic

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