News Flash
Baltic index hits one-week high on capesize strength
Categories: News Flash
Date: Feb 06, 2024
The Baltic Exchange’s dry bulk sea freight index rose to a one-week high on Monday, as gains in t...
Biden’s pause on US LNG export approvals: four questions answered
Categories: News Flash
Date: Feb 05, 2024
On January 26th, after weeks of speculation and mounting concerted pressure from environmental acti...
European LNG bunker fuel prices competitive despite winter
Categories: News Flash
Date: Feb 05, 2024
LNG bunker fuel in Rotterdam has been more competitive in comparison with other shipping fuels this...
CMA CGM halts Red Sea transit on security risks
Categories: News Flash
Date: Feb 05, 2024
Shipping group CMA CGM on Friday suspended until further notice all crossings by its vessels of the...
European Businesses Prioritising Supply Chain Innovation And Resilience Amid Geopolitical Uncertainty
Categories: News Flash
Date: Feb 05, 2024
New research from Economist Impact and DP World reveals that European businesses are deploying inno...
Venezuela’s January oil exports fell 25% amid outages at terminal
Categories: News Flash
Date: Feb 05, 2024
Venezuela’s exports of crude and refined products fell by 25% in January to some 624,000 barrels ...
Port of Newcastle: Fluctuating Trade Challenges A Feature For 2023
Categories: News Flash
Date: Feb 05, 2024
Figures released today reveal a shift in weather and demand has had a significant impact on Port of...
Double pay and going dark: How shipping companies are navigating Red Sea attacks
Categories: News Flash
Date: Feb 05, 2024
Concern is growing for the lives of sailors, as the campaign of attacks on shipping in the Red Sea ...
New e-fuels project to make international shipping climate neutral
Categories: News Flash
Date: Feb 05, 2024
Transport and trade on the ocean blue must be made much greener. This is the goal of the new €17 ...
Russian LPG exports to China by rail rose 35% in 2023
Categories: News Flash
Date: Feb 05, 2024
Russia raised exports of liquefied petroleum gas (LPG) to China via railways by 35% to 202,000 metr...
US LNG export pause leaves EU, industry at odds over energy security
Categories: News Flash
Date: Feb 05, 2024
Europe will have enough gas supply for the next 10 years and thereafter despite a move by the U.S. ...
OPEC+ to review oil cut extension in March, ministers leave policy unchanged
Categories: News Flash
Date: Feb 02, 2024
OPEC+ will decide in March whether or not to extend voluntary oil production cuts in place for the ...
Iron ore mixed as investors reassess China demand outlook
Categories: News Flash
Date: Feb 02, 2024
Dalian iron ore futures dipped further on Thursday while prices in Singapore rebounded, as investor...
Russian oil product exports via Tuapse to fall sharply in Feb -traders
Categories: News Flash
Date: Feb 02, 2024
Russian oil product exports from the Black Sea port of Tuapse are set to fall by 59.1% in February ...
CMA CGM to enhance its SAFRAN service connecting North Europe with South America East Coast
Categories: News Flash
Date: Feb 02, 2024
CMA CGM is pleased to announce its customers an improved coverage of North European ports with its ...
TECO 2030 and Umoe Mandal submits fuel cell high-speed vessel design for approval in principle
Categories: News Flash
Date: Feb 02, 2024
TECO 2030 and Umoe Mandal has just delivered the documentation package to the Norwegian Maritime Au...
Shippers hail transformational potential of new Maersk/Hapag-Lloyd ‘Gemini’ partnership promising 90% service reliability
Categories: News Flash
Date: Feb 02, 2024
The container shipping schedule reliability targets promised by Gemini Cooperation, the new Maersk ...
Vitol collaborates with ZeroNorth to digitalise Asian bunker deliveries
Categories: News Flash
Date: Feb 02, 2024
Vitol Bunkers and its logistics arm, V-bunkers are collaborating with ZeroNorth to enhance the effi...
Asia Fuel Oil-HSFO slumps into discount on selling frenzy
Categories: News Flash
Date: Feb 02, 2024
The spot high sulphur fuel oil (HSFO) market for the 380-cst grade sank into a discount on Thursday...
Zero Emission Shipping Fund proposal submitted to UN to deliver on shipping’s net zero targets
Categories: News Flash
Date: Feb 02, 2024
The International Chamber of Shipping (ICS) has submitted a detailed, fit-for-purpose proposal to s...
Baltic index hits two-week low as rates for smaller vessels ease
Categories: News Flash
Date: Feb 02, 2024
The Baltic Exchange’s dry bulk sea freight index fell to a two-week low on Thursday, as weakness ...
Asia Fuel Oil-Month-end activity eases, volatile arbitrage outlook looms
Categories: News Flash
Date: Feb 01, 2024
Spot market activity cooled on the last trading day of January, while a volatile outlook for arbitr...
Russia the driver behind China’s aluminium import boom
Categories: News Flash
Date: Feb 01, 2024
China’s imports of unwrought aluminium more than doubled year-on-year in 2023 and were the second...
ClassNK grants Innovation Endorsement for Products & Solutions to Digital Learning Management System by MarinePALS
Categories: News Flash
Date: Feb 01, 2024
ClassNK has granted its Innovation Endorsement for Products & Solutions*1 to “Digital Learnin...
India rebuilds coal stocks to ensure electric reliability
Categories: News Flash
Date: Feb 01, 2024
India’s electricity supply is much more comfortable at the start of 2024 than in either 2023 or 2...
ZeroNorth acquires Euronav’s FAST platform, accelerating shipping industry’s Journey to Zero Emissions
Categories: News Flash
Date: Feb 01, 2024
Technology company ZeroNorth and shipping company Euronav have today announced that ZeroNorth will ...
Red Sea crisis unlikely to end soon, Hapag-Lloyd CEO says
Categories: News Flash
Date: Feb 01, 2024
Attacks on cargo vessels in the Red Sea by Yemen-based Houthi rebels are unlikely to end soon, forc...
Traders divert Russian oil products around Africa to avoid Red Sea -sources, LSEG
Categories: News Flash
Date: Feb 01, 2024
Traders were diverting cargoes with Russian oil products around Africa to avoid the Red Sea due to ...
Is the Red Sea effect on container shipping being overblown?
Categories: News Flash
Date: Feb 01, 2024
No one disputes that the Red Sea crisis is massively diverting containerized goods around the Cape ...
Baltic index falls in January as rates log worst month in eight
Categories: News Flash
Date: Feb 01, 2024
The Baltic Exchange’s dry bulk sea freight index was mostly flat on Wednesday but headed for a mo...
90POE and Harbor Lab join forces to set a new standard in efficiency and transparency of port operations and disbursement management
Categories: News Flash
Date: Feb 01, 2024
In a landmark joint announcement, 90POE and Harbor Lab are delighted to reveal their strategic inte...
Euro zone economy lags global growth as Germany struggles
Categories: News Flash
Date: Jan 31, 2024
The euro zone’s economy stagnated last year, underperforming the rest of the world as former powe...