International Shipping News.

IMO’s Sub-Committee on Human Element, Training and Watchkeeping (HTW) has agreed on draft interim generic guidelines for training seafarers working on ships powered by alternative fuels and new technologies. These draft guidelines will be submitted to the Maritime Safety Committee for approval in June 2025. Meeting in London from 10 to 14 February, the Sub-Committee ... […]

Singapore onshore fuel oil stockpiles fell to their lowest in three weeks, data showed on Thursday. Residue inventories (STKRS-SIN) were at 18.91 million barrels (2.98 million tons) in the week to Feb. 19, down 5.8% from the previous week, Enterprise Singapore data showed. The fall came on the back of lower net imports which totalled ... […]

EU member states have agreed to fresh clampdown measures against Russia’s shadow oil tanker fleet as part of the bloc’s latest sanctions against the country, officials said Feb. 19. “I welcome the agreement on our 16th package of sanctions,” European Commission President Ursula von der Leyen wrote on X. “The EU is clamping down even ... […]

Cargill’s Ocean Transportation business and leading tanker shipping company, Hafnia, have joined forces to launch Seascale Energy, a joint venture, combining Cargill’s existing bunker business Pure Marine Fuels and Hafnia’s Bunker Alliance. By combining the strengths of two global players, Seascale Energy aims to set a new standard for marine fuel procurement by delivering considerable ... […]

Mitsui O.S.K. Lines, Ltd. announced that I it has invested in 13 Mari Ltd. (Representative: Chief Executive Officer Krassimir Fotev, Headquarters: U.S. (Note 1)), a developer of ripple-shaped “Flowsmart” elements (Note 2) that are retrofitted to ships’ hulls, with the goal of developing and providing new solutions for greenhouse gas (GHG) emission reduction. The ripple-shaped ... […]

Kawasaki Kisen Kaisha, Ltd. (“K” LINE) is pleased to announce that it has signed an agreement with Rikkyo Educational Corporation on an endowment type research project (the research project) entitled “Social Implementation of Future Marine Environmentally Harmonious Materials”. For the research project, the “K” LINE Advanced Technology Future Environment Project Laboratory was established within Rikkyo ... […]

A new training programme that aims to promote and sustain crew wellbeing on board has been launched by maritime welfare charity Sailors’ Society. Its revolutionary Sea Mate initiative will see the new role of wellbeing officer created on board ships, with comprehensive training provided by the charity’s global team. With funding from Trinity House, Sea ... […]

Global top 10 marine fuels supplier, Monjasa, announces further expansion across Asia with a new permanent office location in Tokyo, Japan. Monjasa has been a well-established partner to the Asian shipping industry since 2008 with three current offices located in Singapore, Ho Chi Minh City and Shanghai. The decision to establish Monjasa’s 16th international office ... […]

The Baltic Exchange’s dry bulk sea freight index, which measures shipping rates for vessels transporting dry bulk commodities, rose for the sixth straight session to hit a one-month high on Thursday, supported by gains across all vessel segments. The main index, which factors in rates for capesize, panamax and supramax shipping vessels, rose by 37 ... […]

The evolving geopolitical landscape surrounding the Russia-Ukraine war and global energy markets presents critical implications for crude oil supply and trade dynamics. As diplomatic efforts emerge to end the conflict, the oil market is closely monitoring potential changes in supply, demand, and pricing. Impact on Russian Crude Oil Exports Since the European Union’s embargo on ... […]