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Where tradition and innovation meet: Oldendorff chooses Norsepower Rotor Sails™ to slash its fuel consumption and emissi

06/11/2024

Three Norsepower Rotor Sails™ (NPRS) have been successfully installed and commissioned onboard the 100,449dwt Post Panamax bulk carrier Chinook Oldendorff (ex. Dietrich Oldendorff). In a joint operation coordinated between Norsepower engineers and CSSC Chengxi Shipyard in China, the vessel was

ENGINE: East of Suez Bunker Fuel Availability Outlook

06/11/2024

Singapore and Malaysia

In Singapore, VLSFO availability has improved amid “quiet” demand, reducing lead times from around 11 days last week to 4-7 days now.

HSFO supply has also improved, with lead times now at 5-11 days, down from the previous week’s

IMO updates fuel oil sampling guidelines

05/11/2024

Safety of ships relating to the use of fuel oil

The minimum 60 degrees Celsius (°C) flashpoint limit in SOLAS Regulation II-2/4.2.1.1 is not new, but the regulations designed to prevent the supply of oil fuel in breach of this limit

Chinese ports container volume rises 7.7 % from January to September of 2024,Ningbo Containerized Freight Index decrease

05/11/2024

From January to September of 2024, the container throughput of Chinese ports was 248.5 million TEU, a year-on-year increase of 7.7%. In September, the container throughput of Shanghai Port was 3.91 million TEU, a year-on-year increase of 8.0%; the container throughput of

Tankers: VLCC Market Lower Last Week

04/11/2024

Clean
LR2
MEG LR2’s have been subject to bearish sentiment over the last week with tonnage plentiful. Freight levels have dwindled as result, TC1 75kt MEG/Japan has taken a 12.5-point tumble to WS105 and TC20 90kt MEG/UK-Continent shed another $200,000

Unsure about CII compliance? Here’s how energy saving technologies can help

04/11/2024

Energy saving technologies can lower your fuel bill and reduce vessel emissions. But which ones are best for CII compliance?
The International Maritime Organization’s Carbon Intensity Indicator (CII) regulations have set ambitious targets for reducing carbon intensity in the shipping

Make clean fuels available: European Shipowners and Transport & Environment call to prioritise energy transition of ship

02/11/2024

In a joint statement released today, European Shipowners and European green transport group Transport & Environment (T&E) call upon EU leaders to prioritise clean fuel production as part of the upcoming Clean Industrial Deal.

The Draghi Report estimates that €40 billion

Americas Fuel Availability Outlook

02/11/2024

North America

In Houston, bunker fuel availability is tight until next week, as many suppliers are fully booked. Both VLSFO and LSMGO are in high demand, and lead times have now extended beyond the usual window. Buyers are advised to plan

MABUX: Bunker Prices to Reverse Downward Trend Next Week and Head Higher

01/11/2024

In Week 44, the MABUX global bunker indices exhibited a general decline. The 380 HSFO index fell by USD 10.90: from USD 539.39/MT last week to USD 528.49/MT. The VLSFO index decreased by USD 18.90 (USD 596.21/MT versus USD 615.11/MT

European Space Agency launches the DECARDIS project with Awake.AI, ABB and Wallenius Marine to optimize ship-port operat

01/11/2024

By optimizing arrival times, vessels can avoid the “hurry-and-wait” pattern, reducing both fuel use and environmental impact

The European Space Agency (ESA) has initiated a new flagship project, Decarbonization through the Digitalization in Shipping (DECARDIS), together with optimization platform company Awake.AI,

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