News Flash
China’s 2023 coal imports from Australia rise, but below pre-ban era
Categories: News Flash
Date: Jan 22, 2024
China’s coal imports from Australia picked up in 2023 after a ban of nearly two years was lifted,...
Qatar set to sign cheaper long-term LNG deal with India
Categories: News Flash
Date: Jan 22, 2024
Qatar Energy within weeks could sign a long-term deal to provide liquefied natural gas (LNG) to Ind...
Red Sea war insurance rises with more ships in firing line
Categories: News Flash
Date: Jan 22, 2024
War risk insurance premiums for shipments through the Red Sea are rising after further attacks on m...
Asian iron ore near-term prices unlikely to rebound on subdued spot demand
Categories: News Flash
Date: Jan 22, 2024
Seaborne iron ore prices after declining significantly from their 19-month high level are unlikely ...
CMA CGM reroutes more ships to avoid Red Sea attacks
Categories: News Flash
Date: Jan 22, 2024
One of the world’s largest container shipping groups CMA CGM on Friday said it would reroute a we...
Iron ore drops as China cenbank’s rate move defies expectation
Categories: News Flash
Date: Jan 16, 2024
Iron ore futures prices dropped for a second consecutive session on Monday as top consumer China de...
EU’s eastern members demand import duties on Ukraine grains
Categories: News Flash
Date: Jan 16, 2024
The European Union’s eastern states are demanding the EU impose import duties on Ukraine grains, ...
Qatar pauses Red Sea tankers after Western strikes on Houthis
Categories: News Flash
Date: Jan 16, 2024
Qatar’s state energy company, one of the world’s biggest liquefied natural gas exporters, has p...
Oil consumption and prices revert to trend
Categories: News Flash
Date: Jan 16, 2024
Global consumption of petroleum and other liquids hit a record high last year and is forecast to in...
Chinese shipyards working all-out to make vehicle-carrying vessels
Categories: News Flash
Date: Jan 16, 2024
Chinese shipyards are busy producing a special type of vessel – known as a ro-ro – to match the...
Sea launches Carbon Exposure solution for pre-fixture decision-making
Categories: News Flash
Date: Jan 16, 2024
Sea, the intelligent marketplace for fixing freight, is launching a Carbon Exposure solution that w...
Brave Maritime Corp Takes Delivery Of Gas Newbuilds And Acquires Additional Bulkers
Categories: News Flash
Date: Jan 16, 2024
Brave maritime corp. has taken delivery of four new state of the art 40,000 cbm AMMONIA carries fro...
Asia Fuel Oil-Cash premiums up slightly; Kuwait offers more HSFO
Categories: News Flash
Date: Jan 16, 2024
Cash premiums for fuel oil inched higher in Asia on Monday, while Kuwait’s KPC offered more high ...
Russia’s oil freight costs ease despite sanctions, weather, Red Sea attacks -traders
Categories: News Flash
Date: Jan 16, 2024
Russia’s oil shipping costs to Asia from its main Baltic ports eased in early 2024, despite secur...
Baltic index slides to 4-month low on seasonal lull
Categories: News Flash
Date: Jan 16, 2024
The Baltic Exchange’s dry bulk sea freight index on Monday extended its losing run to a four-mont...
Cargo contamination can cost you dearly.
Categories: News Flash
Date: Jan 15, 2024
Be aware: Costly liquid cargo contamination can arise when the last cargo onboard is coconut oil, p...
Plaquemines Port and APM Terminals Unveil Strategic Partnership to Develop a Major Container Terminal
Categories: News Flash
Date: Jan 15, 2024
Plaquemines Port Harbor and Terminal District (Plaquemines Port) proudly announces the execution of...
MAN Energy Solutions and Karpowership signed a contract for 48 dual-fuel engines
Categories: News Flash
Date: Jan 15, 2024
MAN Energy Solutions and Karpowership have signed a contract for the delivery of a total of 48 dual...
Daring to question the markets’ rate expectations.
Categories: News Flash
Date: Jan 15, 2024
Call us daredevils. The new year started with the global economy’s same old problems: high geo...
Asia spot prices fall to a 7-month low as stocks remain plentiful
Categories: News Flash
Date: Jan 15, 2024
Asian spot Liquefied Natural Gas (LNG) prices slid for an eighth consecutive week to hit their lowe...
Middle East crisis: US and UK can’t allow one of the busiest shipping lanes to become the Wild West
Categories: News Flash
Date: Jan 15, 2024
One of the world’s busiest shipping lanes can’t just become the Wild West that’s the rational...
Decision time for oil and gas companies in 2024
Categories: News Flash
Date: Jan 15, 2024
The corporate oil and gas sector faces a year of big decisions in 2024. Consolidation will remain i...
Container rates soar on concerns of prolonged Red Sea disruption
Categories: News Flash
Date: Jan 15, 2024
Container shipping rates for key global routes have soared this week, with U.S. and UK air strikes ...
Top bunker hub Singapore marine fuel sales hit a record high in 2023
Categories: News Flash
Date: Jan 15, 2024
Marine fuel sales at world’s leading bunkering hub in Singapore hit a record high last year, offi...
What an ‘India Club’ means for the country’s shipping industry
Categories: News Flash
Date: Jan 15, 2024
India plans to set up its own protection and indemnity (P&l) entity—the India Club—for prov...
Maersk to use rail to bypass Panama Canal amid drought
Categories: News Flash
Date: Jan 12, 2024
A.P. Moller-Maersk will use trains to avoid the drought-hit Panama Canal for some of its vessels, t...
Global shipping rates set to jump as carriers avoid the Red Sea amid Houthi attacks
Categories: News Flash
Date: Jan 12, 2024
The global supply chain is feeling the fallout from Iran-backed Houthi rebels attacking vessels in ...
Commander of AFU Navy: Talks underway, incl. on attracting NATO ships to ensure safety of civilian shipping to Ukrainian ports
Categories: News Flash
Date: Jan 12, 2024
Negotiations are underway, including on attracting NATO ships to ensure the safety of civilian ship...
Baltic index falls for fourth straight day on weaker rates
Categories: News Flash
Date: Jan 12, 2024
The Baltic Exchange’s dry bulk sea freight index slumped on Thursday for the fourth straight sess...
IMF says the global economy to stay ‘resilient’ in 2024 but grow too slowly.
Categories: News Flash
Date: Jan 12, 2024
Global economic growth will remain “resilient” this year after a stronger-than-expected 2023, t...
Iron ore rebounds on renewed hopes of China stimulus
Categories: News Flash
Date: Jan 12, 2024
Iron ore futures prices recouped losses on Thursday, after falling for five straight sessions, help...
MABUX: Global bunker Prices Expected to Stabilize Next Week
Categories: News Flash
Date: Jan 12, 2024
The Global bunker market continued its recovery in 2023 with a moderate correction downwards follow...