News Flash
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...
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...