The International Maritime Rescue Federation (IMRF) released its #FutureSAR Report as part of the organisation’s ongoing campaign to raise awareness of the impacts and effects of climate change on global maritime search and rescue (SAR) operations. You can access the full report here. The report marks the completion of the first phase of the IMRF …
In the early hours of March 26, the Singapore-flagged ship Dali, loaded with 5,000 containers, slammed into Baltimore’s Francis Scott Key Bridge, causing the 1.6-mile (2.5-kilometer) bridge to collapse in a matter of seconds. The Dali was departing for Colombo when the disaster struck. Initial fears were confirmed that half a dozen people lost their …
Will Baltimore bridge collapse hit global supply chains? Read More »
With several big shipping companies diverting their routes away from the Red Sea due to current conflicts, the delivery of shipping containers and consumer goods is taking longer than usual. As a result of the ongoing Israel-Hamas war, the Houthi group in Yemen – who is openly backing Hamas – has said it is attacking …
How The Red Sea Disruption Is Affecting Industry Read More »
Magaya, the leading provider of logistics and supply chain automation software, is committing an additional multimillion-dollar investment in 2024 allocated to fortifying its Digital Freight Platform. The added dollars speed the rollout of advanced features across its portfolio of products, including Magaya Supply Chain, Customs Compliance, Rate Management, CRM, and the Magaya Digital Freight Portal. …
Singapore’s onshore fuel oil stockpiles eased to a two-week low on lower imports,data showed on Thursday. Inventories for fuel oil STKRS-SIN were down 2.75% at 21.403 million barrels (3.37 million metric tons) in the week ended March 27, thelatest data from Enterprise Singapore showed. Imports totalled about 954,782 tons, down 24% on-week, with most supply …
Singapore fuel oil stockpiles slip to two-week low Read More »
Wintermar Offshore Marine has announced results for FY2023. Wintermar’s net attributable profit jumped by 501.1%YOY to US$ 6.7 million for FY2023 backed by higher charter rates. Higher utilization and rising charter rates towards the 4th quarter lifted gross margins and led to a strong operational performance in FY2023 with EBITDA up 24.4% to US$21.8million on …
Vitol Bunkers has completed the first delivery of B30 biofuel blend in Singapore, the first time that biofuel above concentration B25 has been delivered. A total of 1,100 MT of VLSFO B30 was delivered on 14 March 2024 to the vessel Grand Hero, a vehicle carrier chartered by Hyundai Glovis. The delivery was carried out …
Vitol completes first delivery of B30 biofuel blend in Singapore Read More »
Brookes Bell, the leading multi-disciplinary technical and scientific consultancy for the marine and energy sectors, has added Captain Hisyam Haron to its team in the Asia-Pacific region as the company’s newest Master Mariner. Captain Haron joins Brookes Bell’s office in Singapore following an extensive 11-year seagoing career, sailing in all ranks up to and including …
Brookes Bell welcomes Captain Hisyam Haron to expanding Asia-Pacific team Read More »
The International Propeller Club mourns the loss of at least six bridge workers as a result of yesterday’s allision of the containership Dali with the Francis Scott Key bridge at the Port of Baltimore. Thankfully, it appears that all twenty-two crew members of the Dali survived, and we are grateful for the first responders – …
The International Propeller Club’s Remarks On The Francis Scott Key Bridge Accident Read More »
Cash differentials for very low sulphur fuel oil (VLSFO) were steady on Thursday amid lacklustre spot activity and scanty bids. Singapore’s cash differentials for very low sulphur fuel oil were little changed at $1.09 per ton to Singapore quotes. Spot 380-cst high sulphur fuel oil differentials FO380-SIN-DIF also held steady on discounts to Singapore quotes …
Asia Fuel Oil-VLSFO, 380-cst HSFO cash differentials little changed Read More »
