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IMO MEPC 83: GHG Requirements Approved, Taking Effect From 2028

15/04/2025

The 83rd session of the IMO’s Marine Environment Protection Committee (MEPC 83) approved new requirements on greenhouse gas (GHG) fuel

Singapore March marine fuel sales recover after February plunge

15/04/2025

Marine fuel sales in Singapore, the world’s largest bunker hub, improved in March after hitting a 20-month low in February,

LNG shipping stocks: Week of returns

15/04/2025

In a week marked by significant political developments in the U.S., market sentiment responded with surprising optimism, pushing indices higher.

Vessel Engine Damage: Prevention or Cure, It’s Your choice?

15/04/2025

Statistically, data indicates that a vessel will suffer between one and two incidences of main engine damage over the course of its operational lifetime. The average damage costs have been estimated at around $650,000 per incident, with even more damaging

Outcome of IMO’s MEPC 83: The Zero-Emission (R)evolution starts Now

15/04/2025

Last week, the final negotiations took place in London within the International Maritime Organisation (IMO) on measures to limit emissions

HSFO logs mild gains, while VLSFO softens

15/04/2025

Asia’s high sulphur fuel oil (HSFO) market strengthened slightly on Monday, while very low sulphur fuel oil (VLSFO) eased on

Lloyd’s Register, Seatransport and Deployable Energy developing nuclear power for ships

15/04/2025

Queensland’s ship design group Seatransport and Houston-based Deployable Energy are collaborating with Lloyd's Register (LR) to develop nuclear power generation

Svitzer signs global EcoTow agreement with Wallenius Wilhelmsen to drive decarbonisation

15/04/2025

Svitzer has signed a global EcoTow agreement with the Wallenius Wilhelmsen group. The agreement marks a major step in Svitzer's

Fortescue and CMB.TECH sign agreement for ammonia-powered ore carrier

15/04/2025

CMB.TECH NV has signed an agreement with Fortescue to charter a new ammonia-powered vessel. This emphasises the commitment of both

Historic Agreement in IMO on Global Climate Regulation of Shipping – the Work for Climate-Neutral Shipping will Continue

14/04/2025

A majority of IMO member states have voted in favor of an agreement to regulate international shipping. The regulation aims

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