News Flash
MISC Group Continues Its Growth Agenda, Supporting Energy Security and Transition Initiatives Responsibly and Sustainably
Categories: News Flash
Date: Jan 25, 2024
The MISC Group (The Group) today strengthens its position as a progressive maritime conglomerate wi...
ABB to acquire weather routing business to expand marine software portfolio
Categories: News Flash
Date: Jan 25, 2024
ABB to expand offering to vessel weather routing, analytics, reporting and shore-based support thro...
Asia Fuel Oil-VLSFO rebounds despite latest Al Zour tender
Categories: News Flash
Date: Jan 25, 2024
The cash premium for very low sulphur fuel oil (VLSFO) rebounded in Asia on Wednesday despite a spo...
Eurozone PMIs show very tentative signs of bottoming out
Categories: News Flash
Date: Jan 25, 2024
How you read today’s PMI release for the eurozone reveals whether you’re an optimist or a pessi...
Red Sea shipping stages fragile uptick as US continues to hit Houthi sites
Categories: News Flash
Date: Jan 25, 2024
Tanker and commercial shipping traffic through the Red Sea show signs of a fragile recovery from re...
As more tankers divert from Suez Canal, there’s a ‘sea change’ in way Europe is buying crude
Categories: News Flash
Date: Jan 25, 2024
Energy prices for Europe are expected to increase as more petroleum products and crude tankers are ...
Baltic index rises on higher freight activity, fewer ships
Categories: News Flash
Date: Jan 25, 2024
The Baltic Exchange’s dry bulk sea freight index climbed on Wednesday, as rates across ship segme...
Foreign direct investment in developing economies fell 9% in 2023
Categories: News Flash
Date: Jan 24, 2024
Foreign direct investment (FDI) flows to developing countries fell by 9% to $841 billion in 2023, a...
Russia’s Ust-Luga port continues crude, fuel exports while Novatek terminal shut
Categories: News Flash
Date: Jan 24, 2024
The Baltic Sea port of Ust-Luga was exporting crude oil and fuel on Tuesday apart from at Novatek...
Iron ore climbs to over one-week high as China pledges to stabilise market
Categories: News Flash
Date: Jan 24, 2024
Iron ore futures climbed on Tuesday to their highest level in more than a week, as investor confide...
CMA CGM SCANDOLA, the Group’s first LNG-powered containership to call West African Ports
Categories: News Flash
Date: Jan 24, 2024
The CMA CGM Group, a global player in sea, land, air and logistics solutions, announces the upcomin...
GTMaritime adds Greek office and sales management experience to meet growing demand for services
Categories: News Flash
Date: Jan 24, 2024
Leading provider of secure maritime data communications software, GTMaritime, has responded to grow...
WinGD X-DF advances underpin QatarEnergy phase two success
Categories: News Flash
Date: Jan 24, 2024
Swiss marine power company WinGD is expecting to secure the majority of dual-fuel engine orders for...
Marasco Marine Ltd: Cultivating a Legacy of Risk Prevention in Maritime Ventures
Categories: News Flash
Date: Jan 24, 2024
In the ever-evolving and challenging seas of the maritime industry, Marasco Marine Ltd distinguishe...
Baltic index slips on weaker capesize rates
Categories: News Flash
Date: Jan 24, 2024
The Baltic Exchange’s dry bulk sea freight index slipped on Tuesday and snapped a three-session w...
Asia Fuel Oil-Spot market rangebound; heavy supply arrivals cap recovery
Categories: News Flash
Date: Jan 24, 2024
Spot fuel oil premiums were rangebound in Asia on Tuesday, with heavy supply arrivals capping poten...
Chemfleet adds three ships to Berg energy efficiency upgrade after verifying 10% fuel savings
Categories: News Flash
Date: Jan 24, 2024
Specialized ship manager Chemfleet has confirmed that an in-service Berg Propulsion upgrade to cont...
MAN Cryo Wins Approval for Ammonia Fuel-Supply System
Categories: News Flash
Date: Jan 23, 2024
MAN Cryo has announced that its design for an ammonia fuel-supply system to safely provide ammonia ...
Russia’s February oil exports to be stable from January
Categories: News Flash
Date: Jan 23, 2024
Russia plans to keep February oil exports from its western sea ports little changed from January, b...
Iron ore consolidates as traders ponder demand outlook
Categories: News Flash
Date: Jan 23, 2024
Iron ore futures were in a tight range on Monday, with the Dalian benchmark ticking up and Singapor...
Saudi Arabia’s November crude exports hit 5-month high
Categories: News Flash
Date: Jan 23, 2024
Saudi Arabia’s crude oil exports in November climbed to their highest level in five months and ma...
MOL Establishes ‘MOL Group Safety Vision’- Targeting the world’s highest level of safety
Categories: News Flash
Date: Jan 23, 2024
Mitsui O.S.K. Lines, Ltd. has been committed to pursue the world’s highest level of safety cultur...
Fewer markets are importing Russia’s coal
Categories: News Flash
Date: Jan 23, 2024
Russia’s reliance on four, mainly Asian, countries to import its coal has increased since some co...
Hapag-Lloyd to offer land transit through Saudi Arabia amid Red Sea disruption
Categories: News Flash
Date: Jan 23, 2024
German shipping group Hapag-Lloyd HLAG.DE will continue to route its vessels around the Cape of Goo...
Asia Fuel Oil-VLSFO cargo premium retreats while HSFO steadies
Categories: News Flash
Date: Jan 23, 2024
Asia’s very low sulphur fuel oil (VLSFO) market eased on Monday following a small rally last week...
Crew recruitment is more challenging, Danica crew manager survey reveals
Categories: News Flash
Date: Jan 23, 2024
Recruitment of seafarers is getting harder according to a survey of crew managers conducted by Dani...
Baltic Index Climbs For Third Straight Session On Firm Rates For Larger Vessels
Categories: News Flash
Date: Jan 23, 2024
The Baltic Exchange’s dry bulk sea freight index gained for a third straight session on Monday, b...
Asia spot prices slip below $10/mmBtu despite Red Sea tensions
Categories: News Flash
Date: Jan 22, 2024
Asian spot liquefied natural gas (LNG) prices dipped below $10 per million British thermal units (m...
Red Sea shipping diversions to boost container sector emissions
Categories: News Flash
Date: Jan 22, 2024
The continuing disruption of shipping traffic transiting the Red Sea area looks set to boost vessel...
Greece: Getting ready for a rebound
Categories: News Flash
Date: Jan 22, 2024
Surprisingly soft recent growth numbersAfter a solid second quarter, Greek seasonally adjusted GDP ...
Simplifying ships from shore
Categories: News Flash
Date: Jan 22, 2024
In a climate of increasing complexity, with new regulations, environmental concerns and commercial ...
Global coal exports and power generation hit new highs in 2023
Categories: News Flash
Date: Jan 22, 2024
Worldwide electricity generation from coal hit record highs in 2023, while thermal coal exports sur...