Seagoing

Clean LR2 LRs in the MEG saw activity levels pick up this week and freight resurged optimistically. The 75Kt MEG/Japan TC1 index gained 19.17 points to end up at WS130.56. [...]

In the context of COP28, the question of national, economy-wide climate action is again in the spotlight. Yet while shipping is clearly a fundamental part of national economies, most national [...]

Capesize The Capesize market faced a challenging week characterised by significant fluctuations. The week began positively with a robust increase in the BCI 5TC, reaching $54,584, driven by active engagement [...]

Renowned maritime legal firms, Thomas Miller Law and Davies Johnson are pleased to announce that they have rebranded as Shearwater Law. The rebrand marks a significant milestone in their combined [...]

At the beginning of the first week of December, the outlook for crude oil freight rates, especially in the VLCC category, isn’t yet stable. In the meantime, there is a [...]

Pictured at the signing at Marintec Shanghai: (front left) Xiaodong Guo, Managing Director of COSCO Heavy Industry Shanghai CO.,Ltd. and (front right) Michael Petersen, Senior Vice President and Head of [...]

Routes-based action plan methodology to accelerate the uptake of clean marine fuels A collaboration between Singapore, Norway and the International Maritime Organization (IMO), NextGEN Connect-Green Voyage2050 Project, identified a key [...]

ME-LGIM main engines bound for J. Lauritzen newbuildings; interest in methanol spreading to all segments Japan’s Tsuneishi Shipbuilding Co., Ltd. has ordered 3 × MAN B&W 7G50ME-C9.6-LGIM (-Liquid Gas Injection [...]

The Sea Cargo Charter (SCC) will significantly revise its reporting ambition, aligning its trajectory with emission reduction goals in response to the International Maritime Organization’s (IMO) revised greenhouse gas (GHG) [...]