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New Kale Survey Reveals Nearly A Third Of Ports Worldwide “Unprepared” To Adopt IMO’s Maritime Single Window Mandate

18/10/2023

The study involving 200 ports found 30 percent are not ready to meet impending electronic data exchange regulations despite potential savings of USD50 billion

Mumbai, India, Tuesday 17th October 2023: Kale Logistics Solutions (Kale) has today published a readiness survey of

Accelleron Survey: Shipping Reliant On E-Fuels For Climate-Neutral Future

17/10/2023

Renewable energy will be more important to shipping’s climate goals than any other fuel feedstock, according to a survey of 200 maritime decision-makers. The ‘E-Fuels in the Shipping Industry’ survey, conducted by market researcher mo’web and commissioned by Accelleron, identifies

METIS adds EU Emissions Trading Scheme to Total Emissions Management functionality

17/10/2023

METIS Cyberspace Technology has added new functionality to its cloud-based Total Emissions Management solution that allows ship owners and operators to make best use of the EU Emissions Trading Scheme (ETS).

As well as supporting IMO’s Data Collection System metrics for

Tankers: VLCC Market Very Active

16/10/2023

Clean
LR2

LR’s in the MEG have undoubtedly been busy this week. Freight levels have as a result risen consistently throughout the week. TC1 added 8.89 points leaving the index currently at WS149.72 with the Baltic TCE for the run firmly back

Shipping must improve forecasting and not allow ‘uncertainty to delay action’

16/10/2023

Large scale changes identified in report include key ports becoming unusable due to climate change, a surge in the percentage of women in the workforce, and African nations becoming the world’s main suppliers of seafarers.

The maritime industry must improve its

How to prepare for the EU Emissions Trading System and save money

14/10/2023

If you’re a ship owner or operator sailing into, out of or within EU waters, the EU Emissions Trading System (ETS) is something you need to know about now. What is the EU ETS and what will it mean for

TECO 2030 launches the world’s most compact and efficient inherently safe marine fuel cell system

14/10/2023

TECO 2030 is pleased to elaborate on the world’s most power dense marine and heavy-duty fuel cell module, the FCM400. The FCM400 has already an Approval in Principle from DNV and currently undergoes type approval process for maritime and heavy-duty

Downward revision of the number of MR ships, but still longer waiting times in the south

13/10/2023
In the second week of October, the VLCC MEG-China route is trending upward. However, the sustainability of this positive trend remains uncertain due to mounting concerns stemming from geopolitical tensions that are casting a shadow over the energy sector.

Notably,

China restricts refined oil product exports despite oil inventory increase of 0.7 mbpd

13/10/2023

During the first three quarters of 2023, China has continued expanding its crude inventories by an estimated 0.7 million barrels per day (mbpd). These increased inventories could allow China to maintain strong exports of refined products even if crude oil

MABUX: Bunker Prices Expected to Move Higher Next Week

13/10/2023

During Week 41, the MABUX global bunker indices showed a moderate downward trend. The 380 HSFO index declined by 10.57 USD: from 581.69 USD/MT last week to 571.12 USD/MT. The VLSFO index also experienced a loss of 7.75 USD (671.67

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