International Shipping News.

The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, fell on Wednesday, pressured by weak rates across the panamax and supramax vessel segments. The index, which factors in rates for capesize, panamax and supramax shipping vessels, dipped 11 points to 1,616 points. The capesize index rose 2 ... […]

In today’s volatile shipping market, particularly amid unpredictable global conditions and geopolitical events, Forward Freight Agreements (FFAs) play a crucial role in stabilising and managing risk. FFAs allow shipping industry participants to hedge against freight rate fluctuations, providing financial security and predictability in an increasingly uncertain environment. Freight derivatives have become a go-to solution for ... […]

The new guidance on ballast water (BW) record-keeping and reporting, adopted in Circular BWM.2/Circ.80, aims to assist ship crews by clarifying the record-keeping and reporting process under the BWM Convention. The circular includes guidance on completing the BWRB, including: Updated example ballast water reporting form (Appendix II) Example form for voluntary tank-by-tank logging of BW ... […]

As mental healthcare for seafarers becomes an industry priority, the important role that effective communication plays in supporting seafarers’ mental health, performance, and retention cannot be overstated, says VIKAND. The leading global healthcare solutions to the maritime sector, highlights that part of this is properly delivered, constructive feedback, which is essential not only for professional ... […]

Spot premiums for high sulphur fuel oil (HSFO) dipped on Wednesday amid a backdrop of heavy supply arrivals, while the market structure weakened at the prompt trading months. Singapore cash premium for 380-cst HSFO was pegged at $12.75 a metric ton, reflecting a narrower backwardation for the December-January contract. Meanwhile, the market for very low ... […]

Northwestern Europe HSFO and VLSFO availability remains tight in Rotterdam and across the wider ARA hub, a trader told ENGINE. Lead times remain unchanged for both grades with 7-10 days recommended for HSFO and 5-7 days for VLSFO. Despite the tightness, VLSFO supply in the ARA hub has improved slightly compared to the last week, ... […]

Hempel proudly announces that it is joining RightShip’s Zero Harm Innovation Partners Program, aligning with its core commitments to a sustainable future, operational excellence, and decarbonisation within the marine industry. RightShip is committed to setting a global benchmark in the maritime sector, with the ultimate goal of achieving zero-harm, and this commitment is a perfect ... […]

Wind propulsion leader Norsepower and esteemed shipping company IINO Kaiun Kaisha, Ltd. (IINO LINES) have completed the installation of two Norsepower Rotor Sails™️ (NPRS) on the Oceanus Aurora, a Very Large Gas Carrier (VLGC) chartered by Borealis, a leading provider of advanced and sustainable polyolefins solutions. In Europe, Borealis is also an innovative leader in ... […]

NautilusLog, a leading maritime technology company based in Hamburg, proudly announces the release of ISO 4891: Ships and Marine Technology – Interoperability of Smart Applications for Ships, an innovative international standard that will transform the interoperability of smart applications onboard vessels. The standard was developed in collaboration with the German national organization for standardization (DIN) ... […]

The offshore wind industry is experiencing unprecedented growth, with wind farms expanding into deeper waters and further from shore. To meet the rising demand for efficient maintenance and operations, Service Operation Vessels (SOVs) play a critical role in enabling wind farm operators to transport technicians and equipment to turbines, even in challenging sea conditions. It ... […]