Xmar: 100,000 Metric Tons of Bunker Fuel Traded

Xmar, the fast-growing digital bunker trading platform, has facilitated the trade of over 100,000 metric tons of bunker fuel through more than 200 deals in less than six months since launching.Operating with

Value Maritime Installs Filter and Carbon Capture System on MOL Vessel

Value Maritime (VM) has successfully installed its Exhaust Gas Cleaning System (EGCS) and Carbon Capture unit aboard Nexus Victoria, an LR1 product tanker owned by Mitsui O.S.K. Lines, Ltd. (MOL).VM’s 15MW next-generation

Vard Picks Brunvoll to Supply 30 Thrusters for SOV Newbuilds

Maritime system supplier Brunvoll has signed a contract with Vard to deliver a comprehensive package of propulsion and maneuvering thrusters for five Walk-2-Work (W2W) Service Operation Vessels (SOVs).Brunvoll’s delivery for each vessel

ClassNK Names New Leadership Team

Japan-based classification society ClassNK has named Hayato Suga as its new president and CEO, and Fumihiko Higashi as its executive vice president.Effective March 21, 2025, Suga will move from his current senior

U.S. Wants Black Sea Ceasefire

A U.S. delegation will seek progress toward a Black Sea ceasefire and a broader cessation of violence in the war in Ukraine when it meets for talks with Russian officials on Monday,

Recycling Market Abuzz Over Sanctioned VLCCs

This week’s news was abuzz surrounding the two OFAC sanctioned VLCCs that recently arrived OPL Chattogram and are now stuck after undoubtedly risky transactions that have resulted in several failed onward resales,

Celebrities Condemn Brittany Ferries’ Live Export Decision

Actors Dame Joanna Lumley and Pauline McLynn have joined forces with over 110 other high-profile individuals, experts and animal welfare NGOs to condemn a decision by Brittany Ferries to resume transporting livestock

Tidewater Orders Four Inland Barges

Tidewater Transportation and Terminals has finalized a contract with Gunderson Marine and Iron, a Portland, Oregon-based shipyard, for the construction of four new liquid refined product barges.The barges will measure 272 feet

Survey Vessel Runs Aground off Italy

The geophysical survey vessel Fugro Mercator ran aground off the north coast of Elba, Italy, on March 22.The Italian coastguard arrived on site swiftly to provide support and monitor the situation. All