Singapore marine fuel sales fell to their lowest in 20 months in February, official data showed on Friday. Volumes at the world’s top bunker hub totalled 4.15 million metric tons, down 7.1% month on month and sliding 8.1% year on year, data from Maritime and Port Authority of Singapore (MPA) showed. Weak demand has weighed …
Singapore marine fuel sales slip to lowest in 20 months Read More »
Strength in the high sulphur fuel oil (HSFO) market pared marginally by the end of the trading week, with backwardation narrowing from recent highs. The balance-month backwardation for Singapore 380-cst HSFO remained steep above $20 a metric ton, though easing from the previous session. Cash premium was adjusted lower at $21.50 a metric ton on …
Ocean Yield AS is pleased to announce that it has agreed to acquire two 2016-built Suezmax tankers with 8-year bareboat charters to Nordic American Tankers Ltd. (“NAT”), with purchase obligations at the end of the charter periods. The vessels are expected to be delivered to Ocean Yield during the second quarter. NAT is a leading …
Ocean Yield AS: Investment in two Suezmax tankers with long term charters Read More »
On February 25, 2025, the Department of Energy (DOE) issued an Order Granting Request for Rehearing and Clarification and Modifying Order (Order 5233-A) (the Modified Order) clarifying that DOE will no longer consider ship-to-ship transfers of liquified natural gas (LNG) used as a fuel for marine vessels an “export” for the purposes of Section 3 …
DOE order removes certain restrictions on LNG bunkering Read More »
Axpo has concluded a first delivery of liquified natural gas (LNG) to MSC, the world leader in global shipping and logistics, in the port of Málaga. It is the first operation carried out via Axpo’s chartered small-scale LNG vessel in Spain. There is growing demand for LNG as a cleaner and more cost-effective alternative to …
NYK has been recognized for a ninth consecutive year as an outstanding organization in the large enterprise category in the Certified KENKO Investment for Health Outstanding Organizations Recognition Program, a cooperative initiative established by Japan’s Ministry of Economy, Trade and Industry (METI) and conducted by Nippon Kenko Kaigi (Japan Health Council).* The program recognizes companies’ …
Kongsberg Maritime has signed a significant contract for the design of two multipurpose subsea vessels. The UT7623 SEV (Sustainable Energy Vessel) vessels will be methanol-ready and feature battery hybrid technology. These vessels are the first references for Kongsberg Maritime’s latest subsea construction vessel designs and will feature a fully integrated package of technology including rim-drive …
Uncertainty about the scale and nature of the IMO’s proposed carbon levy is holding back investment in shipping. That was the message from Christopher J. Wiernicki, ABS Chairman and CEO, during an appearance at the CERAWeek energy conference. “A carbon levy is a wild card. It will all depend on how it is implemented and …
The 19th Governing Council Meeting of the ReCAAP Information Sharing Centre (the Centre) was held from 11 to 14 March 2025 in Singapore, hosted by the Singapore Government. The meeting was attended by the Governors/Governors’ Representatives of the 21 ReCAAP Contracting Parties (Refer to Annex A). The twoday Close Session meeting was conducted from 12-13 …
The 19th Governing Council Meeting of the ReCAAP Information Sharing Centre (ISC) Read More »
Ubicación: València (España) Tipo de Contrato: Fijo Discontinuo Sector: Logística, transporte y comercio Vacantes: 1 Disciplina: Operaciones Modalidad de trabajo: Presencial Inscríbete a Conductor/a de cabeza tractora | Talent Clue La entrada Conductor/a de cabeza tractora – Valencia se publicó primero en Actualidad Marítima y Portuaria.
