Urgent.News

What's breaking now, across thousands of outlets.

More in Finance & Markets

The cost of almost: what trade at its full potential really means

At any given moment, thousands of vessels are at sea. Each voyage is shaped by a series of decisions: speed, route, fuel, vessel performance, timing and execution.

  • "Cost of almost" refers to unrealized possibilities in shipping operations
  • Improved decision-making and coordination can reduce unnecessary waste
  • Agentic AI should augment human expertise, not replace it

Kumiai Navigation takes delivery of LPG dual-fuel gas carrier

Singapore shipowner Kumiai Navigation’s new gas carrier from Kawasaki Heavy Industries (KHI) could later be converted to run on ammonia.

  • Kumiai Navigation receives 86,700-cbm Aurora Borealis from Kawasaki Heavy Industries.
  • Vessel can transport LPG and ammonia simultaneously in separate cargo tanks.
  • ClassNK approves ammonia fuel design concept for future operation.

LNG Shipping Market Gaining Ground

The LNG market strengthened this week, with increased fixing activity helping to reduce some of the available tonnage in both basins.

  • Atlantic basin tightens in LNG shipping market
  • BLNG1 Australia–Japan route price rises $6,500
  • Time charter rates improve across all periods

More from Monday 2 November →