Since the early 2010s, sales of pure electric and hybrid vessels have grown steadily, mainly driven by the need to reduce local pollution of NOx, SOx and particulate matter in a handful of emission control areas (ECA) that are local

UniSea, a leading provider of software tools for operational support and HSEQ to the offshore industry, has agreed to take part ownership of Yxney, an energy efficiency specialist with an impressive record of wins in it two-year history.

“Yxney is experiencing

We are pleased to inform that ScanOcean AB has been selected as reseller for Neste’s 0.1% marine fuel products on the East Coast of Sweden. Focusing on supply from the Neste terminal in Södertälje, servicing nearby ports from Gävle in

IBIA welcomes a decision by the IMO’s Maritime Safety Committee to add a new item to its agenda to address concerns about fuel safety, separating the subject from discussions around the implementation of the new 0.50% sulphur limit under MARPOL

VLCC
Middle East Gulf rates shed 11 points to WS 85/86 for 270,000mt to China, with South Korea fixed at WS 84. Going west, 280,000mt to the US Gulf went at WS 38, but is now assessed at WS 36.5/37

International regulations limiting sulfur in fuels for ocean-going vessels, set to take effect in January 2020, have implications for vessel operators, refiners, and global oil markets. Stakeholders will respond to these regulations in different ways, increasing uncertainty for crude oil

Intercontinental Exchange, Inc. (NYSE:ICE), a leading operator of global exchanges and clearing houses and provider of data and listings services, announced plans to launch new Marine Fuel 0.5% futures contracts in advance of the implementation of the 0.5% sulphur cap

The use of Liquid Natural Gas (hereinafter referred to as LNG) as a safe and eco-friendly fuel for maritime transportation was the subject of the Half Day Awareness event, which took place at the Conference Centre of the University of

Silverstream Technologies, the leading air lubrication manufacturer for the shipping industry, has welcomed a changing mindset from ship owners and operators that is stimulating an increase in the uptake of proven clean technologies, and, in particular, enthusiasm for air lubrication

VLCC
Rates in the Middle East Gulf softened around 2.5 points to WS 97/97.5 for 270,000mt to China, with a run to Japan fixed at WS 96. Going west, 280,000mt to the US Gulf remains steady at WS 43/43.5, basis