Monday

31-03-2025 Vol 19

MPA and Wärtsilä Strengthen Collaboration for Accelerating Maritime Decarbonisation Efforts

Wärtsilä, a global leader in smart technologies for marine and energy markets, has announced a renewed partnership with the Maritime…

Ammonia-Powered Tugboat Achieves Groundbreaking Three-Month Voyage, Cutting GHG Emissions by 95%

The world’s first commercial ammonia-fueled vessel, Sakigake, has successfully completed a three-month demonstration voyage. This innovative tugboat, operating in Tokyo…

Forecast for Fuels Availability Across the Americas

The fuel availability outlook in the Americas highlights varying conditions across North America and the Caribbean and Latin America, with…

Gibson Tanker Analysis

The Gibson tanker report titled “Power Shift” highlights a significant slowdown in global oil demand growth for 2024. The growth…

HSFO: Cash Differentials Decline Amidst Reduced Trading Activity

The cash differentials for high sulphur fuel oil (HSFO) in Asia saw a decline as there were no transactions at…

VHBS Week 13 Assessment Index for New ConTex Container Ship Time Charters

The VHBS New ConTex Container Ship Time Charter Assessment Index for Week 13 indicates a steady state in the chartering…

Drewry Reports 4% Decline in World Container Index Last Week

Drewry has reported a 4% decline in the World Container Index, bringing it down to $2,168 per 40-foot container for…

US Port Fees Expected to Impact Two-Thirds of Tanker Fleet Operations

The recently proposed US port fees may significantly impact a vast majority of the tanker fleet, especially those linked to…

Musk Claims $1 Trillion in US Spending Cuts Feasible Without Reducing Essential Services

Elon Musk, the tech billionaire recently appointed by former President Donald Trump as his cost-cutting czar, made headlines during a…

Tanker Weekly Update: Canadian Crude Exports to Europe Rise Amid U.S. Tariffs and Freight Rate Increase

The latest developments in the tanker market indicate a significant rise in Canadian crude oil exports to Europe, influenced by…