A new analysis from the Global Maritime Forum has found that the cost gap between operating ships on zero-emission ammonia and conventional fuel could be closed before 2030 and possibly as early as 2026. Ammonia is increasingly seen as an important solution for decarbonising the shipping sector,...
Asia’s refining margins for fuel oil posted monthly declines in August, Refinitv data showed Thursday. September crack for 380-cst high sulphur fuel oil (HSFO) fell by more than 8% through August, closing at a discount of $7.09 a barrel by 0830 GMT. Meanwhile, the crack for 0.5% very low sulphur...
https://www.hellenicshippingnews.com/asia-fuel-oil-refining-margins-post-monthly-declines/
El “CMA CGM Alexander Von Humboldt” tiene 396 metros de eslora, 53,6 metros de manga y una capacidad de 16.022 TEUs
En tanto, ZIM registró la cifra más débil con una cifra negativa del -11,2%
During the Week 35, the MABUX global bunker indices showed a slight upward movement. The 380 HSFO index saw a nominal increase of 0.48 USD, rising from 563.19 USD/MT the previous week to 563.67 USD/MT. The VLSFO index experienced a more significant rise of 6.77 USD, moving from 661.63 USD/MT to...
https://www.hellenicshippingnews.com/mabux-bunker-prices-expected-to-rise-moderately-next-week/
Long-term ocean freight rates slid once again in August, marking the 12th consecutive month of declines for beleaguered carriers. According to the latest real-time data from the Xeneta Shipping Index (XSI®), contracted rates fell 7.8% in August, meaning prices have now dropped 62.7% since this time...
Oil prices retreated from highs hit earlier on Thursday as data showed rises in production in OPEC+ countries despite a planned production cut of 1 million barrels per day (bpd). Brent crude futures for October, expiring on Thursday, were at $86.69 a barrel at 11:02 a.m. CDT (1602 GMT), up 0.89%,...
https://www.hellenicshippingnews.com/oil-prices-pare-gains-on-opec-production-rises/
Samsung Heavy Industries has received basic certification for a floating CO2 storage unit (FCSU) from DNV, reports Korea Herald.
Certification for a floating CO2 storage unitThe FCSU, jointly developed by Samsung Heavy Industries and MISC, is 330 meters long and 64 meters wide, and has a high-pressure tank capacity that can store 100,000 cubic meters of liquefied CO2 at -50 degrees Celsius or less.
The injection module mounted on the upper part of the hull secures...
https://mfame.guru/samsung-heavy-bags-dnv-approval-for-floating-co2-storage/
Tel Aviv-based maritime technology company Orca AI is set to continue its successful collaboration with NYK Group subsidiary MTI and partners, leveraging its industry-leading automated watchkeeper in the second development stage of the MEGURI2040 project administered by the Nippon Foundation, reports Marine Link.
MEGURI2040 projectMTI, alongside sister entity Japan Marine Science Inc, is spearheading the Designing the Future of Fully Autonomous Ships Plus...
https://mfame.guru/japanese-group-to-trial-autonomous-ship-navigation/