Elomatic has partnered with Japanese shipping company NYK Group and NYK's technology arm MTI to create the concept design for a futuristic emission-free pure car and truck carrier (PCTC), – the “NYK SUPER ECO SHIP 2050”. Compared to current vessels,

The shipping company Baleària, an international pioneer in the use of liquified natural gas, has just set its ferry Marie Curie out to sail from the Italian shipyard Cantiere Navale Visentini; whereas construction on its twin Hypatia de Alejandría is

This month, leading marine data intelligence company GreenSteam launched the next generation of their fuelsaving platform GreenSteam Manager (GSM). Using unique machine learning technology and an intuitive new user interface the platform provides accurate and clear fuel-saving advice.

In 2020 fuel

Gothenburg-based shipping company Terntank was the very first operator to take on liquefied gas at a new bunkering facility at the Port of Gothenburg. Not only liquefied natural gas, LNG, but also liquefied biogas, LBG.

“Being able to offer this unique

VLCC
A steady week in the Middle East Gulf saw rates at WS 90 for 270,000mt to China. Going west, 280,000mt to the US Gulf was assessed in the low WS 40s Cape/Cape. West Africa to China basis 260,000mt fixed

Demand drivers and freight rates
Crude oil tanker freight rates made an exceptional comeback in October.

Monthly average earnings for a VLCC in April and May were below USD 4,000 per day; in June and July, they had moved up to

Uncertainty, Transition and Volatility are all words that we are coming to associate with the future of shipping and it was with these words in mind that wind propulsion advocates have come together in Hamburg to start charting a new

A group of companies from the energy and shipping industries have partnered to reduce carbon emissions from the ocean transportation of biomass fuel cargo to the UK’s largest power station through the design of a concept cargo ship equipped with

VLCC
A slower week In the Middle East Gulf saw rates ease four points to WS 90 for 270,000mt to China. Going west, 280,000mt to the US Gulf was assessed three points lower at around WS 40 Cape/Cape. West Africa

The MEPC approved the Programme of follow-up actions of the initial IMO strategy on reduction of GHG emissions from ships up to 2023.

The programme of action is intended to be used as a planning tool in meeting the timelines identified