Odfjell SE reported its results for the first quarter of 2019. The results reflect an improving chemical tanker spot market and stable underlying results from Odfjell Terminals.

Highlights for the first quarter of 2019:

Chemical tanker spot rates improved compared to previous

Against the backdrop of a United Nations summit to reduce greenhouse gas emissions in the shipping industry, Catholic institutions that are connected to the oceans are announcing their divestment from fossil fuels. These include institutions in Panama, the world’s largest

VLCC
Another difficult week for owners with only limited enquiry. The rate for 270,000mt from the Middle East Gulf to China eased from WS 42 to WS 37. Going west, Exxon were said to have paid WS 18 Cape to

Chevron Marine Lubricants has released the second in a series of new white papers focusing on innovations and developments impacting the fast-changing shipping industry.

This latest white paper, entitled ‘The 2020 Global Sulphur Cap and the role of cylinder oil lubricants'

International shipping can meet its target of at least halving its emissions by 2050, and can unleash trillions of dollars of investment opportunities in sustainable industrial infrastructure – particularly in developing countries – by using clean fuel such as “green”

Windward, a world leader in maritime risk analytics, announced the launch of its new compliance product to help of inadvertently facilitating evasion of UN and U.S. sanctions.

The announcement comes on the day U.S. waivers for importing Iranian oil expire, making

Parker Kittiwake, a leading global manufacturer of condition monitoring technologies, is witnessing an increase in demand for onboard fuel compatibility testing. The trend reflects the urgency in the market as shipowners and operators take a more deliberate and proactive approach

Having chosen Very Low Sulphur Fuel Oil (VLSFO) and Low Sulphur Marine Gas Oil (LSMGO) for complying with IMO 2020, Höegh Autoliners is now preparing its fleet for the change in fuel. In the Bunker department, new bunker patterns are

Ninety percent of all goods traded worldwide are transported by ship. With its 227 vessels, Hapag-Lloyd transports approximately 12 million containers per year. Container shipping thereby makes a significant contribution to a well-functioning global trade network. As one of the

V.Group, the leading global marine and offshore vessel management and support services provider, today urged shipowners and operators to take a proactive approach to 2020 compliance. With the global sulphur cap less than nine months away, V.Group is seeing growing