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Asia Fuel Oil: Spot benchmarks little changed in quiet trade

02/09/2025

Spot benchmarks for fuel oil were steady amid thin trading on Monday, with bids and offers fluctuating in a tight

OceanScore Launches Industry’s Most Accurate and Transparent FuelEU Pool-Price Index (OPX)

02/09/2025

OceanScore today announced the launch of the OceanScore Pool-Price Index (OPX), the maritime industry’s most comprehensive benchmark for tracking FuelEU pooling prices. Published monthly, the OPX reflects the average cost of compliance surplus in euro per ton of CO2e, and

The Caravel Group and Celsius Tankers Partner to Co-Own and Operate Green Fleets of the Future

02/09/2025

The Caravel Group (“Caravel”) and Celsius Tankers (“Celsius”) announce the formation of a strategic joint venture to co-own and operate a new fleet of high-specification LNG bunkering vessels. This initiative marks a significant milestone in The Caravel Group's long-standing partnership

The world’s first complete commercial ammonia fueled engine has been accomplished

02/09/2025

Japan Engine Corporation (J-ENG) accomplished the first fully-functional full-scale commercial engine 7UEC50LSJA-HPSCR (50 cm bore, 7 cylinders, with High Press.

WinGD joins MAMII initiative tackling methane from LNG-powered ships

02/09/2025

Engine developer WinGD has joined the Methane Abatement in Maritime Innovation Initiative (MAMII), becoming the first engine developer to become

Closelink and StormGeo integration improves lubricant management

02/09/2025

Closelink GmbH, a maritime technology company specialising in marine lubricant procurement, and StormGeo, a global leader in weather intelligence and

Houthis say they launched missile at Israeli-owned tanker near Saudi Arabia’s Yanbu

01/09/2025

Yemen’s Houthis said on Monday they launched a missile towards the Liberia-flagged Israeli-owned tanker ‘Scarlet Ray’ ship near Saudi Arabia’s

LNG Shipping Rates Soften

01/09/2025

LNG

It has been a softer week in the LNG market, with rates moving lower across both spot and period segments

Shipping: Environmental Regulations Adding to Costs

01/09/2025
A flurry of new regulations has entered into force since the beginning of the decade for shipping, leading to

Tanker freight rates for Russian crude oil rise in August amid EU sanctions, higher exports

01/09/2025

Freight rates for Russian crude shipments from Baltic ports to India have risen in August, driven by fresh European Union

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