Trescientos profesionales del sector logístico portuario y cuarenta ponentes han participado en segunda edición del Congreso Internacional Puerto Sostenible, organizado por la Autoridad Portuaria de Bilbao con la colaboración de la Cámara de Comercio de Bilbao y el Gobierno Vasco, y el patrocinio principal de Petronor. Durante dos días, el Puerto de Bilbao ha sido …
Bilbao, epicentro de la sostenibilidad portuaria Read More »
The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, rose supported by strong rates across all vessel segments on Friday, and registered its first weekly gain in five. The index, which factors in rates for capesize, panamax and supramax shipping vessels, gained 22 points to 815 points, …
Baltic index logs first weekly gain in five weeks Read More »
The crude oil freight market remains highly volatile, with recent spikes in VLCC rates on the MEG-China route. While tonne-day demand growth has yet to show signs of recovery, market sentiment appears to be firming, driven by uncertainty surrounding oil price fluctuations and China’s crude oil demand. Additionally, the impending implementation of U.S. tariffs on …
Tanker – Weekly Market Monitor: Oil Flows Canada Read More »
The chairpersons of the world’s biggest shipping industry organisations gathered on 6 February in Athens to discuss topics including greenhouse gas (GHG) reduction and the impact of geopolitics on shipping. By far the most important topic on the agenda was how the industry, and the international community, can help limit and put an end to …
Shipping organisations increasingly concerned about seafarer safety Read More »
The FuelEU Maritime regulation is set to reshape the shipping industry, imposing stringent targets for reducing greenhouse gas (GHG) emissions from vessels operating within the EU and EEA. This regulatory landscape presents both challenges and opportunities for shipping operators. A white paper from DNV considered the complexities of FuelEU Maritime compliance, analysing the various strategies …
LNG freight rates in the Atlantic and Pacific basins have continued to fall as tri-fuel diesel-electric charters have lost their edge, with a charterer saying they have “no advantage” over two-strokes. Platts, part of S&P Global Commodity Insights, assessed the LNG Atlantic carrier day rate at $1,500/d Feb. 6, a 62.5% decrease from the previous …
Louis Dreyfus Armateurs’s subsidiary LD Tide has been selected to supply a Crew Transfer Vessel (CTV) for the operation and maintenance services of the Eoliennes en Mer des Îles d’Yeu et de Noirmoutier offshore wind farm (EMYN). The new vessel is scheduled to start operations mid-2025. Following an international call for tenders, Siemens Gamesa has …
Singapore’s high-sulphur fuel oil (HSFO) margin flipped from a discount to premium on Friday, extending gains from the previous day after the U.S. imposed more sanctions on Iran. Singapore’s March 380-cst HSFO/Brent crack (FO380BRTCKMc1) closed at a premium of 53 cents a barrel on Friday, holding onto more than five-year highs, LSEG data showed. The …
HSFO cracks trade into premiums for first time in over five years Read More »
Oil executives called for a return to navigation through the Red Sea en route to the Suez Canal following a halt in attacks by Iran-backed Houthi rebels, but said firms were cautiously monitoring shipping conditions and competitors. A Liberian-flagged oil tanker that was attacked last year sailed through the Red Sea this week, the Suez …
Oil executives call for cautious return to Red Sea navigation Read More »
Local offshore and marine (O&M) companies are well-positioned to ride continued demand for their services in 2025, with activity in the offshore oil and gas industry expected to increase, experts said. This is despite the possibility of oil prices softening in the longer term, should US President Donald Trump make good on his vow to …
Vessel shortage to buoy offshore & marine companies, but analysts warn of upcoming risks Read More »
