News Flash
US probe finds China unfairly dominates shipbuilding, paving way for penalties, sources say
Categories: News Flash
Date: Jan 14, 2025
U.S. President Joe Biden’s administration has concluded that China uses unfair policies and practi...
Asia Fuel Oil: Benchmarks log gains while market eyes latest sanctions
Categories: News Flash
Date: Jan 14, 2025
Asia fuel oil benchmarks posted gains on Monday as sentiment turned cautious, with the market eyeing...
Israeli billionaire Idam Ofer backs UK-listed fueltech SulNOx
Categories: News Flash
Date: Jan 14, 2025
Israeli billionaire philanthropist Idan Ofer has emerged as the latest big name backer of UK listed ...
INTERCARGO Quality Panel Expansion Enhances Sector Collaboration to Drive Maritime Excellence
Categories: News Flash
Date: Jan 14, 2025
The International Association of Dry Cargo Shipowners (INTERCARGO) announced today a strategic devel...
China 2024 iron ore imports hit record on resilient demand, steel exports
Categories: News Flash
Date: Jan 14, 2025
China’s iron ore imports in 2024 rose for a second year to a record high, up 4.9% from the prior y...
Atlantic Supramax market exhibits mixed trends despite strong fundamentals
Categories: News Flash
Date: Jan 14, 2025
The Atlantic Supramax dry bulk market saw volatility persist with overall positive cargo demand sign...
Baltic Index Sails To Over One-Month High On Strong Capesize Demand
Categories: News Flash
Date: Jan 14, 2025
The Baltic Exchange’s main sea freight index, which tracks rates for ships ferrying dry bulk commo...
Global trade contraction accelerates at the end of 2024 amid falling goods export orders
Categories: News Flash
Date: Jan 13, 2025
The worldwide Purchasing Managers’ Index (PMI) surveys compiled by S&P Global Market Intellige...
LME scrap, rebar volumes rise on week as market activity resumes
Categories: News Flash
Date: Jan 13, 2025
Volumes traded for both scrap and rebar futures on the London Metal Exchange saw an uptick week over...
Potential Impacts of the Trump Administration on Marine Terminal Operators
Categories: News Flash
Date: Jan 13, 2025
As we move into 2025 and the Trump Administration prepares to take control of the government, marine...
China’s role highlighted in green transition of shipping
Categories: News Flash
Date: Jan 13, 2025
The global shipping industry still faces significant challenges in decarbonization, where China can ...
South Korean shipbuilders set sights on high-value contracts in 2025
Categories: News Flash
Date: Jan 13, 2025
South Korea’s shipbuilders, bolstered by extensive orderbooks, are set to prioritize high-value-ad...
LNG shipping capacity to decline by 2027, pushing up freight rates
Categories: News Flash
Date: Jan 13, 2025
The liquefied natural gas (LNG) shipping market is set to tighten capacity by the end of 2027, as ag...
Americas crude export growth supported by Brazil and Guyana
Categories: News Flash
Date: Jan 13, 2025
Americas crude exports started to stagnate during the second half of 2024 with the US, the largest e...
Asia-US container rates still rising as tariff threat replaces strike concerns
Categories: News Flash
Date: Jan 13, 2025
The tentative agreement between US Gulf and East Coast ports and dockworkers has taken some of the p...
Dry Bulk: Atlantic Panamax market plummets as tonne-mile demand falls short
Categories: News Flash
Date: Jan 13, 2025
The Atlantic Panamax markets entered the fourth quarter with a cautious outlook due to the ongoing l...
Greece Examines Impact of US Blacklisting of Piraeus Port Owner COSCO
Categories: News Flash
Date: Jan 13, 2025
Greece’s biggest port Piraeus is operating normally following a U.S. blacklisting this week of its...
Five themes shaping the energy world in 2025
Categories: News Flash
Date: Jan 11, 2025
What opportunities, challenges and risks does the world of energy and natural resources face in 2025...
Venezuelan inauguration seen as possible turning point for US oil sanctions policy
Categories: News Flash
Date: Jan 11, 2025
The Venezuelan people are bracing for chaos as both the incumbent President Nicolás Maduro and Pres...
Asia Refining: Gasoline crack hits seven-week low, posts weekly loss as inventories climb
Categories: News Flash
Date: Jan 11, 2025
Asia’s gasoline refining margins dropped to their lowest in seven weeks on Friday, falling for the...
Mediterranean LNG imports drop in 2024 on strong renewables, subdued LNG pull
Categories: News Flash
Date: Jan 11, 2025
Imports of LNG into the West and East Mediterranean regions saw a sharp year-over-year drop in 2024,...
Castor Marine becomes part of the Navarino Group
Categories: News Flash
Date: Jan 11, 2025
Castor Marine is excited to announce that Navarino has acquired 100% of the shares of Castor Marine ...
FuelEU Maritime – Exemptions
Categories: News Flash
Date: Jan 11, 2025
The FuelEU Maritime regulation, enforced January 1, 2025, aims to reduce greenhouse gas (GHG) emissi...
One in three seafarers still being forced to pay illegal recruitment fees, survey finds
Categories: News Flash
Date: Jan 11, 2025
A third of seafarers have said that they have paid a fee to get a job, with many reporting that they...
Hi-5 spread widens versus last week as HSFO softens
Categories: News Flash
Date: Jan 11, 2025
Asia’s hi-5 fuel oil spread widened by over 2% week-on-week, reflecting a softer market for high s...
Global growth to remain subdued in 2025 amid uncertainty, UN report warns
Categories: News Flash
Date: Jan 11, 2025
The World Economic Situation and Prospects (WESP) 2025 report shows that despite withstanding a seri...
Baltic index rises for second day on gains in capesize vessel segment
Categories: News Flash
Date: Jan 11, 2025
The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk c...
AtoB@C Shipping and Yara International extend cooperation until 2033
Categories: News Flash
Date: Jan 10, 2025
AtoB@C Shipping and Yara International, the world’s leading crop nutrition company and a provider ...
Second US port strike averted as union, employers reach deal
Categories: News Flash
Date: Jan 10, 2025
The union representing 45,000 dock workers on the U.S. East and Gulf Coasts and their employers on W...
SHI picks TMC Compressors for 15 LNG carriers
Categories: News Flash
Date: Jan 10, 2025
Samsung Heavy Industries (SHI) has contracted TMC Compressors (TMC) to deliver a complete marine com...
Panama tells Trump canal sovereignty is 'non-negotiable'
Categories: News Flash
Date: Jan 10, 2025
Panama reiterated on Tuesday that the sovereignty of its eponymous ship canal was not up for discuss...
NAPA partners with Ahti Pool for FuelEU Maritime compliance
Categories: News Flash
Date: Jan 10, 2025
NAPA, a leading provider of maritime software and data services, has today signed a Memorandum of Un...