Minimalist News

Maritime

European Energy has commenced e-methanol production at its Power-to-X facility in Kassø, Denmark, marking a significant advancement in green fuel technology. The International Maritime Organization expressed condolences following a missile attack in Odesa that resulted in the deaths of four seafarers, highlighting ongoing security concerns in the maritime sector. High sulphur fuel oil and low sulphur marine gasoil prices have seen a decrease at several major ports, including Singapore and Fujairah, reflecting fluctuations in global fuel markets. Baltic Exchange has expanded its compliance cost calculator to include biofuel blends, signaling a shift towards sustainable fuel options in shipping. Additionally, various initiatives for alternative fuels, including the establishment of bunkering operations for green methanol and ammonia, are being developed worldwide as the industry increasingly turns towards decarbonization efforts.

EUROPE: European Energy’s Kassø Power-to-X plant starts e-methanol production bunkerspot.com 4 hours ago
The European Energy Power-to-X production facility in Kassø, Denmark has today (12 March) begun producing e-methanol.
BUNKER HUB PRICE WATCH: Singapore bunkerspot.com 7 hours ago
High sulphur fuel oil (HSFO) and low sulphur marine gasoil (LSMGO) prices decreased week-on-week at the Port of Singapore, according to Bunker…
GLOBAL: IMO Secretary-General ‘deeply saddened’ by Odesa attack that killed four seafarers bunkerspot.com 8 hours ago
The Secretary-General of the International Maritime Organization (IMO), Arsenio Dominguez, has called on all parties to halt violence against …
GLOBAL: Baltic Exchange adds biofuel blends to its FEUM calculator bunkerspot.com 8 hours ago
Baltic Exchange has introduced a series of green fuel options to its FuelEU Maritime (FEUM) voyage and compliance cost calculator to help ship…
EUROPE: Gibraltar records y-o-y increase in February bunker calls bunkerspot.com 8 hours ago
The 349 vessels that called for bunkers in Gibraltar last month was 26 up on the 323 recorded in February 2024.

Zim forges deal to buy neo-panamax duo from tonnage provider Seaspan tradewindsnews.com 2 hours ago by Ian Lewis
Containers
Carrier purchases ships worth $160m ahead of charters expiring in 2027
Trump tariffs weigh on sluggish panamax bulker spot rates as market pins hopes on Brazil soy exports tradewindsnews.com 3 hours ago by Sandra Boga
Bulkers, Insight
Rates have risen from January lows, but markets still unsettled
Moment of impact: Video footage shows container ship and Stena tanker collide in North Sea tradewindsnews.com 4 hours ago by Andy Pierce
Tankers
Footage from Orca AI shows harsh conditions before fatal accident off UK coast
Hoegh Autoliners takes over leased vessel as size push rolls on tradewindsnews.com 5 hours ago by Matt Coyne
Containers
Oslo car carrier owner splashes $36.5m in buy from financial owners
Zim outlook flags frontloaded profit and weaker year-end tradewindsnews.com 6 hours ago by Ian Lewis
Finance, Containers
Prospect of Red Sea opening factored into earnings guidance of $1.6bn to $2bn

Tariffs, USTR uncertainty cloud Zim’s outlook after banner 2024 joc.com an hour ago
Zim’s decision to keep more capacity available for spot rather than contract business on the trans-Pacific allowed it to capitalize on the exp…
Container shipping facing a mix of challenges both old and new joc.com 6 hours ago
While the 15-month-old Red Sea crisis is ever present, ocean carriers and their customers are also now navigating the vagaries of the trade po…
India-Europe liners abruptly drop rates amid weakening cargo prospects joc.com a day ago
After raising rates in anticipation of higher volumes, several top carriers have now dropped spot booking rates from West India to North Europ…
Proposed US tax on Chinese ship calls could pressure intermodal networks joc.com a day ago
Reshuffling port calls because of a potential Trump administration fee on Chinese-built and -operated ships would place additional strain on t…
Hutchison deal shows thirst of big carriers to control global terminal assets joc.com a day ago
As a top tier of mega carriers has emerged through consolidation and organic growth, so has the need of those carriers to align their dominanc…