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Panama Canal Maintains Full Draft Through Dry Season
Jul 10, 2025 ... a relatively wet winter, or rainy season, for the remainder of the year in preparation for the next dry season in early 2026." A severe drought in 2023 had forced the ACP to reduce daily transit ...
BUNKER PRICES: G20-VLSFO Index Jumps to Two-Week High
Jul 10, 2025 ... VLSFO prices rising to the highest level in almost two weeks. Ship & Bunker's G20-VLSFO Index of prices across 20 leading bunkering ports jumped by $4/mt to $559.50/mt on Wednesday, ...
Houthi Strikes Lead to Second Ship Sinking in Red Sea This Week
Jul 10, 2025 ... struck by rockets earlier this week, resulting in a loss of propulsion. Reuters reported that six of the vessel's 25 crew members have been rescued. Four crew members have died, while 15 remain ...
Oil Extends Gains Again As Demand Signals Too Strong To Ignore
Jul 9, 2025 ... and strong gasoline demand in the U.S. Brent settled up 4 cents to $70.19 per barrel, and West Texas Intermediate settled up 5 cents to $68.38 per barrel. The Energy Information Administration ...
Trafigura Joins Forces with ZeroNorth to Boost Fleet Efficiency
Jul 9, 2025 ... agreement will see Trafigura join ZeroNorth's network of strategic partners, offering industry expertise to help guide future product development. "We're proud to partner with Trafigura – one ...
VIEWPOINT: Long Non-Compete Clauses Unfairly Victimise Older Employees
Jul 9, 2025 ... about traders here), career routes do get more limited. Though illegal, age discrimination does exist in this industry, overtly or subtly, and this makes finding jobs harder for those of us who ...
Everllence Secures First Dual-Fuel Methanol Engine Order for Superyacht
Jul 9, 2025 ... features very high methanol-combustion efficiency, low emissions and super-high reliability, Dr Alexander Knafl, head of R&D four stroke at Everllence, said. "We are furthermore proud to be ...
IMO Chief Urges Dialogue as Red Sea Attacks Reignite After Lull
Jul 9, 2025 ... on ships following several months of calm. Addressing the IMO Council in London, Dominguez expressed concern over recent assaults on the Magic Seas and Eternity C, which occurred on 6 -7 ...
Anemoi Opens Rotor Sails Factory in China
Jul 9, 2025 ... of the Yangtze River, the site offers direct access to port infrastructure to support import and export logistics, the firm said in a statement on Tuesday. The facility has an annual production ...
Indian State Sues MSC for $1.1 Billion Over Bunker Spill Caused by Sunken Ship
Jul 9, 2025 ... The Kerala state government has secured a court-ordered arrest of another MSC vessel, MSC Akiteta II, currently held at Vizhinjam Port. ...
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Dutch Firm Longship Takes Delivery of Fourth Diesel-Electric Ship

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The 8,500 dwt ship has been built by Turkey's Atlas Shipyard.

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Grimaldi Names First Ammonia-Ready Pure Car and Truck Carrier

Grimaldi Names First Ammonia-Ready Pure Car and Truck Carrier

The vessel was named in China and has a capacity of 9,000 car equivalent units.

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EU Plans Stronger Safeguards for Biofuel Certification After China Imports Probe

EU Plans Stronger Safeguards for Biofuel Certification After China Imports Probe

The European Commission is planning reforms to improve biofuel certification and traceability after a probe into Chinese imports revealed weaknesses, though no fraud was confirmed.

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    The company reported earnings before tax of $9 million in the year to April 30,down from $20 million in the same period a year earlier, while volumes held steady at about 12 million mt/year.
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