News Updates

GCMD establishes framework to ensure supply chain integrity of biofuels
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GCMD establishes framework to ensure supply chain integrity of biofuels

A consortium of 18 companies from the shipping industry led by the Singapore-based Global Centre for Maritime Decarbonisation (GCMD) is..

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First Carbon-Accounted Tanker Assessments Launched
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First Carbon-Accounted Tanker Assessments Launched

S&P Global Commodity Insights announced it will launch daily Platts price assessments for freight emissions under the European Union’s Emissions..

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Baltic index dips
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Baltic index dips

The Baltic Exchange’s main sea freight index fell nearly two weeks on Tuesday as rates across its vessel segments declined...

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Enhancing human and environmental safety for STS transfers
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Enhancing human and environmental safety for STS transfers

Ship-to-ship transfers of crude, clean and dirty oil products have been taking place for over 50 years, and over 11,500..

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Starting Strong
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Starting Strong

Recession fears abound, yet America’s ports keep racking up historically high numbers. Last month was the country’s best June ever..

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Shallow water hampers shipping on Rhine River
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Shallow water hampers shipping on Rhine River

  Heavy rain is helping stabilise the river Rhine in Germany as it suffers low water levels, but it is..

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Mediterranean shipping hub targets Asia for business expansion
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Mediterranean shipping hub targets Asia for business expansion

Cyprus has already overcome the loss of Russian maritime trade due to European sanctions and the Mediterranean shipping hub is..

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Lowest half-year
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Lowest half-year

Between 1996 and 2021, the lowest half-yearly tanker contracting volume was 3.0m DWT, recorded in the first half of 1999...

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Kinder Morgan quarterly profit climbs 20%
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Kinder Morgan quarterly profit climbs 20%

Kinder Morgan Inc reported a 20.3% rise in quarterly adjusted profit on Wednesday as the U.S pipeline operator received a..

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