Voyager, the operations and demurrage management platform for bulk commodity shipping, is urging shipping companies to take a proactive stance and adopt a number of Best Practices in order to reduce the costs and risks of demurrage. A dramatic surge in port congestion and associated supply chain disruptions have led to longer waiting times and …
Navneet Kapoor, CTIO, has written this opinion piece describing the amazing challenge of digital transformations – and why many companies struggle with it. This op-ed was recently published in the national Danish newspaper, Dagbladet Borsen. In recent decades, technology and digitization have changed our society. It has changed how we communicate with each other and …
The amazing challenge of digital transformations Read More »
Roger Moore joins as Technical Adviser – Remote Systems, ROV & Offshore Survey. Romina Nicolaides joins as Communications and Marketing Specialist. Two new additions to IMCA’s Secretariat will further enhance the team. Roger Moore has joined as a Technical Adviser for Remote Systems and Remote Operated Vehicles (ROV) and Offshore Survey. Roger has been working …
IMCA welcomes two new members to the Secretariat. Read More »
The Baltic Exchange’s main sea freight index .BADI edged up on Monday as rates for the panamax segment, ferrying coal and grain cargoes, hit a more than three-month high that also helped offset a dip in the larger capesize vessel segment. * The overall index, which factors in rates for capesize, panamax and supramax shipping …
Gains in panamax vessel rates take Baltic sea freight index higher Read More »
ClassNK has issued an Approval in Principle (AiP) for an ammonia fuel supply system for oil tanker and container ship developed by Samsung Heavy Industries (SHI). Ammonia is expected to be used as a ship fuel for decarbonization since it does not emit CO2 when combusted. Meanwhile, adequate safety measures are imperative as it has …
Asia’s very low sulphur fuel oil market strengthened on Monday as a firmer trade emerged, while high sulphur fuel oil was little changed. The 0.5% VLSFO cash differential MFO05-SIN-DIF climbed to a premium of $6 a metric ton, while the crack spread LFO05SGDUBCMc1 rose to a premium of $11.03 a barrel. Meanwhile, spot bids for …
Asia Fuel Oil-VLSFO rebounds on firmer trade; HSFO stable Read More »
RWE has appointed ocean services provider DeepOcean as preferred supplier of subsea installation services in connection with the Nordseecluster A offshore wind development off the German coast. The Nordseecluster combines four wind farm sites in the eastern part of the German North Sea into a 1.6 GW project, consisting of a minimum of 104 wind …
Oman LNG has signed a binding term-sheet agreement with German Securing Energy for Europe (SEFE) to supply 0.4 million metric tons per annum (mtpa) of LNG starting from 2026. Archive; Courtesy of Oman LNG According to a report from the Omani state news agency, the agreement, based on a 4-year contract, aims to enhance the …
Oman LNG strikes 4-year supply deal with Germany’s SEFE Read More »
The successful completion of the oil transfer operation from the FSO Safer marks a significant milestone in averting a potential environmental and humanitarian catastrophe in the Red Sea. However, the mission is far from over, as the next crucial steps involve making a decision that would ensure the safe and responsible dismantling of the supertanker. …
With the oil transfer completed, the final destination of FSO Safer remains unknown Read More »
Suiso Frontier, the world’s first liquefied hydrogen carrier built by Kawasaki Heavy Industries (KHI), is scheduled to arrive at the Sultan Qaboos Port in Muscat, Oman, today (14 August). Suiso Frontier; Image by KHI According to local media reports, the ship departed Abu Dhabi and is heading to Muscat for its first visit to the …
World’s first liquefied H2 carrier Suiso Frontier to visit Oman Read More »
