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Marine Fuel Sales in 2024 Break Records at Singapore Hub
Marine fuel sales reached fresh highs at the world's largest bunker hub of Singapore in 2024, official data showed on Wednesday, driven by record container throughput and higher deliveries of alternative marine fuels.Sales totalled 54.92 million metric tons in 2023, data from the Maritime and Port Authority of Singapore (MPA) showed. Total sales surpassed a previous record of 51.82 million tons in 2023.Container throughput climbed to 41.12 million twenty-foot equivalent units (TEUs) in 2024ā¦
Action Needed on Seafarer Criminalization
InterManager is concerned at the increasingly harsh treatment of shipsā crew in some parts of the world and is calling on the IMO and shipping companies to get involved.Secretary General, Captain Kuba Szymanski, said: āThere is a concern within the shipping industry that seafarers are being unfairly detained when authorities find something wrong with their ship, often when drugs are found onboard but also in other circumstances.
VLCC Rates Spike as US Sanctions Bite
Supertanker freight rates jumped after the U.S. expanded sanctions on Russia's oil industry, sending traders rushing to book vessels to ship supply from other countries to China and India, shipbrokers and traders said.Chinese and Indian refiners are seeking alternative fuel supplies as they adapt to severe new U.S. sanctions on Russian producers and tankers designed to curb the world No. 2 oil exporter's revenue due to its war in Ukraine.Many of the newly-targeted vesselsā¦
Egypt seeks four LNG cargoes for Feb-Mar delivery
Egypt has issued a tender seeking four cargoes of liquefied natural gas (LNG) for delivery between February and March, two trading sources told Reuters.The most populous Arab country has returned to being a net importer of natural gas, buying dozens of cargoes this year and abandoning plans to become a supplier to Europe after a steep decline in domestic gas output largely because of declining productionā¦
UN: Shadow Tanker Fleet Risks Rising
The safety risks posed by unregulated oil tankers are rising, and the so-called shadow fleet is a threat to both the maritime environment and seafarers, the headā¦
GTT wins Tank Design Order for 6 LNG Carriers
GTT announces that it has received, in the first quarter of 2025, an order from its partner the Chinese shipyard Hudong-Zhonghua (Group) Co. Ltd. for the tank design of six new very large Liquefied Natural Gas (LNG) carriers.These six LNG carriers will each feature a total capacity of 271,000 m³ and will be fitted with GTTās NO96 Super+ membrane containment system.Deliveries of the vessels are scheduled for the second quarter of 2028ā¦
Spectec: Celebrating 40 Years of Innovation in Maritime
Today marks a momentous occasion for SpecTec as we celebrate 40 incredible years of empowering the maritime industry with cutting-edge solutions. From our humble beginnings in 1985 in Oslo, Norway, to becoming a trusted partner for shipowners and operators worldwide, our journey has been nothing short of extraordinary.This milestone is a testament to the passion and dedication of our people, the unwavering trust of our customers, and the invaluable support of our partners.
StormGeo Partners with BV for 2025 EU MRV Compliance
StormGeo, a provider of maritime technology solutions, announced a partnership with Bureau Veritas Marine & Offshore (Bureau Veritas), a global provider in testing, inspection, and certification, for more efficient reporting and verification of CO2 emission data.By integrating StormGeo's solutions with Bureau Veritas' advanced emission compliance platform, VeriSTAR Green, the collaboration will streamline the emission reporting and verification process for vessels between 400 and 5ā¦
Feurtado named Manager ā Marine Systems at TDI Brooks Int'l
TDI Brooks announced the appointment of Frank Feurtado as Manager ā Marine Systems.With an impressive career spanning over 25 years in the international maritime industry, Frank initially served as a Marine Electronics Technician before climbing the ranks to become a Captain. Since 2000, he has led marine operations across Europe, Asia, and the Americas, significantly contributing to the developmentā¦
DFDS Links Spain and Netherlands Via New Freight Route
Danish shipping company DFDS is launching a weekly freight service connecting Spain and the Netherlands, aimed at serving the needs of industrial customers, freight forwarders and project cargo owners.In connection with the new route, DFDS and Hydro, a global aluminium and energy company, have signed an agreement for weekly shipment of aluminium. Starting from end May, the new route will connect the ports of Vilagarcía and Rotterdamā¦
Marlink Triples Maritime Remote Installations in 2024
Digital solutions company Marlink has reported a more than 350% increase in remote service installations in 2024 compared to 2023, driving the digital transformation of maritime industry.More than 900 remote installations were completed by the end of 2024, compared to just above 200 in 2023, according to Marlink.Marlinkās data show that customer installations increased during the year while integrationsā¦
Bibby Marine Inks Shipbuilding Contract for eCSOV with Spanish Shipyard
Bibby Marine has signed a new shipbuilding contract with Spanish shipyard Armon to build its electric Commissioning Service Operation Vessel (eCSOV) for offshore wind industry.The eCSOV will feature a battery system complemented by dual-fuel methanol engines offering alternative green operating solutions.With the capability to operate solely on battery power for a typical full day of operations, theā¦
James Fishers Orders Four LNG Dual-Fuel Tankers
James Fisher and Sons has ordered four new LNG dual-fuel tankers from China Merchants Jinling Shipyard (Yangzhou) Dingheng as part of its āfleet of the futureā business strategy.The new tankers, which will carry oil products and IMO Class II chemicals, will have LNG dual-fuel propulsion capability, expected to help to reduce operational CO2 emissions and associated environmental impact over the longā¦
NYK Launches Japanās Offshore Wind Ship Management Firm
NYK and Akita Eisen KK have established a joint company Japan Offshore Support (JOS) to provide ship maintenance and management services for offshore wind power projects, as well as training and employment for seafarersBy actively recruiting local talent, JOS will contribute to the development of offshore wind power projects and the revitalization of the local community in Akita Prefecture.JOS willā¦
US: China Unfairly Dominates Shipbuilding
U.S. President Joe Biden's administration has concluded that China uses unfair policies and practices to dominate the global maritime, logistics and shipbuilding sectors, three sources familiar with the results of a months-long trade investigation told Reuters.U.S. Trade Representative (USTR) Katherine Tai launched the probe in April 2024 at the request of the United Steelworkers and four other U.S. unions under Section 301 of the Trade Act of 1974, which allows the U.S.
China Mulls Impact of EU Regulations
On January 10, a group of over 240 shipping executives attended seminar in Shanghai on "Contributing to the China Solution to Cross the Carbon Threshold."The aim was to further build consensus on industry development needed to respond to the challenges brought by the new EU shipping carbon tax fuel regulations.Zhang Yong, deputy general manager of COSCO Shipping Group, shared four suggestions: firstā¦
Bulgarian Shipowners Association Joins ECSA
The European Community Shipownersā Associations (ECSA) has welcomed the Bulgarian Shipowners Association as a full member as of January 1, 2025.The Bulgarian Shipowners Association (BSA) becomes the 22nd member of ECSA.āWe are proud to welcome the Bulgarian Shipowners Association as a new member of ECSA. The new association extends the geographical scope covered by our membership, brings additional expertise and knowledgeā¦
Trump's Likely First Energy Policy Moves
President-elect Donald Trump has promised to maximize U.S. oil and natural gas production - already at record highs - in part by clearing away what he deems as unnecessary regulation and bureaucracy.Here are some of the energy-related executive orders Trump could announce during his first days in office, as he seeks to follow through on that promise.CLIMATE WITHDRAWALTrump could order the U.S. to withdraw from the 2015 Paris Agreementā¦
Port of New Orleans wins $1 Million EPA Grant
The Port of New Orleans (Port NOLA) announced that it has been awarded $1,000,000 from the Environmental Protection Agency (EPA) for its Louisiana International Terminal (LIT) Sustainability Management Plan (SMP)."This funding is a crucial investment in Louisianaās future, supporting sustainable infrastructure and creating meaningful opportunities for our communities. The Louisiana International Terminalā¦
Dozens of tankers drop hook as US sanctions bite
At least 65 oil tankers have dropped anchor at multiple locations, including off the coasts of China and Russia, since the United States announced a new sanctions package on Jan. 10, ship tracking data showed on Monday.Five of those tankers were stationary off Chinese ports and a further seven dropped anchor off Singapore, with others halting near Russia in the Baltic Sea and the Far East, according to Reuters' analysis based on MarineTraffic and LSEG ship tracking data.The U.S.
Baltic Workboats Delivers New Launch for the Laurentian Pilotage Authority
Video: CMA CGM's New 20,600 TEU Containership
Cyber Security to the Fore as New Coast Guard Rules Loom
SAFE Boats Debuts 41-ft. Offshore Interceptor in New Orleans
Sterling PBES Launches a New Maritime Cartridge Battery Solution
Brunswick Introduces New RHIB
MJP Debuts New WaterJet
IMO 2020: New Rules Demand New Solutions
LR - Fit for 55: Managing compliance and optimising operations
New BAE Jacksonville Shiplift is on Track to Start Ops in ā25
