News Flash
Russia’s oil exports fell in 2024, but revenue rose $3.8 billion, IEA says
Categories: News Flash
Date: Jan 17, 2025
Russia’s crude oil and oil products exports fell 350,000 barrels per day last year, though revenue...
Shandong ports likely to start discharging sanctioned ships amid exemption
Categories: News Flash
Date: Jan 17, 2025
The Longkou port in China’s Shandong province has discharged Russian crude barrels from a sanction...
Shipping risks via Red Sea remain elevated despite Israel-Hamas ceasefire
Categories: News Flash
Date: Jan 17, 2025
Most shipping companies and charterers will continue to route their tankers and cargoes via the long...
MARTECMA: “Strength lies in unity” for the Marine Technical Managers Association
Categories: News Flash
Date: Jan 17, 2025
In the midst of rapid changes in the regulatory framework, a multitude of technical challenges and o...
First-ever Ammonia and Propane Co-loaded Vessel Completes Voyage from US to Europe
Categories: News Flash
Date: Jan 17, 2025
Trafigura, a market leader in the global commodities industry, in collaboration with CF Industries, ...
Artificial Intelligence Is Empowering Shipowners To Tackle New Safety Management Challenges
Categories: News Flash
Date: Jan 17, 2025
The maritime industry is undergoing a digital transformation, and one of the key innovations making ...
Tanker under US sanctions discharges oil at Chinese port, LSEG data shows
Categories: News Flash
Date: Jan 17, 2025
A tanker subject to the new U.S. sanctions is discharging Russian oil at a port operated by Shandong...
Dark Fleet, Decarbonization And Geopolitical Pressures Remain Top Maritime Focus Areas in 2025
Categories: News Flash
Date: Jan 17, 2025
Secretary-General Arsenio Dominguez has highlighted several areas high on the agenda of the Internat...
Baltic index down for third straight session on lower capesize, supramax rates
Categories: News Flash
Date: Jan 17, 2025
The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk c...
Port Hedland Iron Ore Exports Down 4% in December 2024
Categories: News Flash
Date: Jan 16, 2025
Pilbara Ports delivered a total monthly throughput of 66.2 million tonnes (Mt) for December 2024. ...
Marine Fuel Provider Uni-Fuels Holdings Limited Announces Pricing of Its Initial Public Offering
Categories: News Flash
Date: Jan 16, 2025
Uni-Fuels Holdings Limited, a global provider of marine fuel solutions for shipping companies headqu...
Lloyd’s Register OneOcean launches Risk Manager FuelEU
Categories: News Flash
Date: Jan 16, 2025
Risk Manager FuelEU helps users understand their compliance status and manage their FuelEU strategy....
Marine fuel sales at Singapore bunker hub hit record highs in 2024
Categories: News Flash
Date: Jan 16, 2025
Marine fuel sales reached fresh highs at the world’s largest bunker hub of Singapore in 2024, offi...
India-Russia term deal talks for crude oil on hold amid sanctions
Categories: News Flash
Date: Jan 16, 2025
Discussions on a term deal for crude oil purchases from Russia have ground to a halt in the wake of ...
Asia Fuel Oil: Spot premiums extend climb; market eyes volatile HSFO trend
Categories: News Flash
Date: Jan 16, 2025
Spot premiums for fuel oil inched further up on Wednesday, while the market expects volatile trading...
Risks from unregulated tanker fleet rising, UN shipping chief says
Categories: News Flash
Date: Jan 16, 2025
The safety risks posed by unregulated oil tankers are rising, and the so-called shadow fleet is a th...
Russian oil products trapped at sea by US sanctions, LSEG data shows
Categories: News Flash
Date: Jan 16, 2025
Nearly 500,000 metric tons of Russian oil products are trapped on tankers hit by U.S. sanctions, LSE...
East of Suez VLCC rates jump after new US sanctions on Russian oil
Categories: News Flash
Date: Jan 16, 2025
East of Suez VLCC rates jumped as the US crackdown on “shadow fleet” tankers carrying sanctioned...
Baltic index extends decline on lower rates across vessels
Categories: News Flash
Date: Jan 16, 2025
The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk c...
Marlink drives cost savings and maritime digital transformation with remote installations
Categories: News Flash
Date: Jan 15, 2025
Marlink, a leader in managed services for business-critical IT solutions, has reported a more than 3...
StormGeo Partners with Bureau Veritas for 2025 EU MRV Compliance for Vessels Under 5,000 GT, with Integrated Digital Solutions
Categories: News Flash
Date: Jan 15, 2025
StormGeo, a leading provider of maritime technology solutions, is proud to announce its partnership ...
SHIPBID Appoints Han Ning as General Manager of Singapore Office
Categories: News Flash
Date: Jan 15, 2025
SHIPBID, China’s largest ship bidding platform, is pleased to announce the appointment of Han Nin...
HD Hyundai Accelerates Hydrogen Commercialization with Proprietary Technology
Categories: News Flash
Date: Jan 15, 2025
HD Hyundai accelerates hydrogen commercialization by successfully developing liquefied hydrogen (LH...
Empowering the DOC holder: data-driven decisions should define FuelEU compliance strategy, says OceanScore
Categories: News Flash
Date: Jan 15, 2025
Ship managers must navigate tricky commercial terrain to mitigate their financial exposure as DOC ho...
Structural shifts or price moves? China’s bifurcated commodity imports
Categories: News Flash
Date: Jan 15, 2025
China’s imports of major commodities in 2024 presented a mixed bag, with record volumes of iron or...
HSFO premiums strengthen after bids edge higher
Categories: News Flash
Date: Jan 15, 2025
Spot premiums for high sulphur fuel oil (HSFO) extended gains on Tuesday after firmer bids emerged f...
Oil shipping rates surge after US sanctions hit availability
Categories: News Flash
Date: Jan 15, 2025
Supertanker freight rates jumped after the U.S. expanded sanctions on Russia’s oil industry, sendi...
InterManager urges shipping industry to share knowledge as it collates cases of seafarer criminalisation
Categories: News Flash
Date: Jan 15, 2025
InterManager, the international trade association for the ship management sector, is calling on ship...
Baltic index snaps three-session winning streak as rates across segments dip
Categories: News Flash
Date: Jan 15, 2025
The Baltic Exchange’s dry bulk sea freight index, tracking rates for ships carrying dry bulk commo...
Iron ore hits more than one-week high on revived hopes of China stimulus
Categories: News Flash
Date: Jan 14, 2025
Iron ore futures rallied to their highest in more than a week on Monday, as revived hopes of more st...
Bulgarian Shipowners Association joins ECSA membership
Categories: News Flash
Date: Jan 14, 2025
ECSA is proud to welcome the Bulgarian Shipowners Association as a full member as of 1 January 2025....
China’s crude oil imports fall in 2024, first time in two decades outside of COVID
Categories: News Flash
Date: Jan 14, 2025
China’s crude oil imports fell 1.9% in 2024, data showed on Monday, the first annual decline in tw...