Mitsui O.S.K. Lines, Ltd. announced that the LPG (Note 1)dual-fuel LPG/ammonia carrier (VLGC) Aquamarine Progress II (Note 2), ordered by its group company, Aramo Shipping (Singapore) Pte. Ltd. (Note 3) (Head office: Singapore), was delivered on April 26 by Namura Shipbuilding Co., Ltd. (President:...
Like so many industries, the intermodal transportation sector runs on data. Clear, accurate and up-to-date information informs the strategies and business decisions of terminal operators and port authorities. The digital age gives us different methods to gather and track this data, including direct...
https://www.hellenicshippingnews.com/secure-intermodal-data-practices-through-the-spear-approach/
The early days of the energy transition held a comforting promise. Replacing fossil-fuel generation with renewables offered a seemingly straightforward equation: investment directly correlated with carbon reductions. One Euro of investment equalled one unit of carbon displaced. This was our “Carbon...
IACS, the membership organisation for the world’s leading classification societies, has published its 2023 IACS Annual Review, which is now available to download at here. This year’s Annual Review includes a broad range of articles highlighting IACS’ work in 2023, with a strong emphasis on the...
https://www.hellenicshippingnews.com/iacs-publishes-2023-annual-review/
A ship controlled by U.S.-sanctioned Russian shipping giant Sovcomflot (SCF) discharged fuel oil at a western Indian port on Friday, two sources familiar with the matter said, indicating a resumption in the use of SCF vessels to supply Moscow’s key market after a brief halt. The SCF Baltica,...
The Baltic Exchange’s main sea freight index declined on Friday, marking a weekly drop on the back of weaker demand in the larger vessel segments. The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, fell by 22 points, or 1.3%, to 1,721 points, its lowest...
https://www.hellenicshippingnews.com/baltic-index-marks-weekly-dip-on-larger-vessel-weakness/
DACHSER’s air and sea freight division is significantly expanding its services. This involves new fixed LCL connections between the port of Rotterdam and various ports in Asia with fixed departure times. Since the end of 2023, DACHSER has been setting up weekly LCL export connections from Rotterdam...
https://www.hellenicshippingnews.com/new-lcl-services-between-rotterdam-and-asia/
WE Tech Solutions Oy (“WE Tech”) has the honor to deliver energy solution orders consisting of a variable speed shaft generators for eight large container vessels built at Japanese shipyards. The contracts are signed with one of Japan’s largest trading houses, Mitsui & Co., Ltd. The eight vessels,...
Drewry’s World Container Index remains stable at $2,706 per 40ft container this week. Our detailed assessment for Thursday, 25 April 2024 The composite index remains stable at $2,706 per 40ft container this week and has increased by 55% when compared with the same week last year. The latest Drewry...
https://www.hellenicshippingnews.com/drewry-world-container-index-was-stable-last-week/
Asia’s refining crack for 380-cst high sulphur fuel oil firmed to a more than seven-month high on Friday, latest data showed. The Singapore crack spread for May (FO380DUBCKMc1) closed at a discount of $7.73 a barrel, based on LSEG data at 0830 GMT. The uptick emerged as the market eyed fewer...
https://www.hellenicshippingnews.com/hsfo-crack-recovers-to-more-than-seven-month-high/