News Flash
Global retailers, goods facing disruption risks from Red Sea attacks
Categories: News Flash
Date: Dec 27, 2023
Global retailers selling apparel, household staples and white goods face bigger risks from disrupti...
Panama Canal has seen no traffic increase amid attacks in Red Sea
Categories: News Flash
Date: Dec 27, 2023
The Panama Canal Authority said on Thursday it has not seen a notable traffic increase due to thesi...
Hapag-Lloyd announces extra fees as Red Sea attacks hit trade
Categories: News Flash
Date: Dec 27, 2023
Germany’s Hapag-Lloyd joined rivals on Friday in announcing surcharges for cargo it transports to...
Asia Fuel Oil-Spot premiums dip; Kuwait sells HSFO from Al Zour
Categories: News Flash
Date: Dec 27, 2023
Spot fuel oil premiums eased slightly on Friday, while Kuwait’s KPC recently sold high sulphur fu...
US Gulf Coast LNG freight rates sink to multi-month lows
Categories: News Flash
Date: Dec 27, 2023
LNG freight rates out of the US Gulf Coast have fallen to their lowest levels since August as a lac...
Maersk imposes container surcharge due to diversion from Red Sea
Categories: News Flash
Date: Dec 27, 2023
Denmark’s Maersk MAERSKb.CO will impose extra charges on container transport from Asia following ...
Logothetis leads new funding for SulNOx
Categories: News Flash
Date: Dec 27, 2023
Constantine Logothetis has once again led further investment in UK-listed fuel additives group SulN...
Baltic index falls for third week on weaker rates across segments
Categories: News Flash
Date: Dec 27, 2023
The Baltic Exchange’s dry bulk sea freight index edged up on Friday but declined for the third co...
How could Red Sea attacks affect oil and gas shipping?
Categories: News Flash
Date: Dec 26, 2023
Several shipping companies and a few liquefied (LNG) tankers have decided to avoid the world’s ma...
MHSS Seafarer Survey Highlights Connectivity Concerns as Top Priority During Holiday Season
Categories: News Flash
Date: Dec 26, 2023
Seafarers’ fears over connectivity issues over the holiday season have been revealed in a recent ...
Baltic index falls for third week on weaker rates across segments
Categories: News Flash
Date: Dec 26, 2023
The Baltic Exchange’s dry bulk sea freight index edged up on Friday but declined for the third co...
Dalian iron ore extends rally on positive state bank developments
Categories: News Flash
Date: Dec 26, 2023
Dalian iron ore futures rose for the fourth straight session and recorded their best day in two mon...
Maersk imposes container surcharge due to diversion from Red Sea
Categories: News Flash
Date: Dec 26, 2023
Denmark’s Maersk MAERSKb.CO will impose extra charges on container transport from Asia following ...
ClassNK issues approval in principle (AiP) for MOL’s FSRU
Categories: News Flash
Date: Dec 26, 2023
ClassNK has issued an Approval in Principle (AiP) for an Ammonia FSRU (Ammonia Floating Storage and...
Asia LNG prices hit 4-month low despite supply, geopolitical concerns
Categories: News Flash
Date: Dec 26, 2023
Asian spot liquefied natural gas (LNG) prices hit their lowest level in over four months this week ...
Panama Canal has seen no traffic increase amid attacks in Red Sea
Categories: News Flash
Date: Dec 26, 2023
The Panama Canal Authority said on Thursday it has not seen a notable traffic increase due to thesi...
Asia Fuel Oil-Spot premiums dip; Kuwait sells HSFO from Al Zour
Categories: News Flash
Date: Dec 26, 2023
Spot fuel oil premiums eased slightly on Friday, while Kuwait’s KPC recently sold high sulphur fu...
US Gulf Coast LNG freight rates sink to multi-month lows
Categories: News Flash
Date: Dec 26, 2023
LNG freight rates out of the US Gulf Coast have fallen to their lowest levels since August as a lac...
Shipping gears up to meet a 5-10% low carbon fuel target, but will fuels be available?
Categories: News Flash
Date: Dec 22, 2023
The International Maritime Organization’s (IMO) targets for the use of zero or near-zero fuels in...
More ships to avoid the Red Sea as attacks disrupt world trade.
Categories: News Flash
Date: Dec 22, 2023
Germany’s Hapag-Lloyd and Hong Kong’s OOCL said on Thursday they would avoid the Red Sea, the l...
Russia oil price cap coalition toughens shipping rules -US Treasury Dept
Categories: News Flash
Date: Dec 22, 2023
The U.S.-led coalition imposing a price cap on seaborne Russian oil announced changes on Wednesday ...
Baltic index drops for the seventh straight session as capesize rates slip.
Categories: News Flash
Date: Dec 22, 2023
The Baltic Exchange’s dry bulk sea freight index extended declines for a seventh consecutive sess...
Shipping container price surge to reverse due to overcapacity -logistics platform.
Categories: News Flash
Date: Dec 22, 2023
Higher prices for containers used by merchant ships caused by attacks on Red Sea shipping are likel...
ENGINE: Europe & Africa Bunker Fuel Availability Outlook
Categories: News Flash
Date: Dec 22, 2023
Northwest Europe Bunker fuel availability is good in the ARA hub. Lead times of 5-7 days are rec...
Wilhelmsen and MPC Capital acquire Hamburg-based ship manager Zeaborn
Categories: News Flash
Date: Dec 22, 2023
Wilhelmsen Ship Management (“Wilhelmsen”), a provider of third-party ship management services h...
Jan Caers is appointed as an expert Consultant in Marine Incident Investigations
Categories: News Flash
Date: Dec 22, 2023
As a global leader in marine incident, investigation, surveying, and consultancy, we’re proud to ...
China Now Produces More Than Half of All New Tonnage
Categories: News Flash
Date: Dec 22, 2023
This has been yet another good year for China’s shipbuilding sector, which has continued to domin...
Asia Fuel Oil-Cash premiums stable; Singapore stockpiles ease
Categories: News Flash
Date: Dec 22, 2023
Cash premiums for fuel oil were little changed in Asia trade on Thursday, while onshore stocks in S...
Japan container conglomerate ONE halts Red Sea navigation, reroutes to Cape of Good Hope
Categories: News Flash
Date: Dec 21, 2023
Japan’s container conglomerate Ocean Network Express has decided to suspend navigation away from ...
WinGD adds MITSUI E&S Tamano Factory to the Japanese engine-building network.
Categories: News Flash
Date: Dec 21, 2023
Swiss marine power company WinGD has concluded an agreement with Mitsui E&S Diesel United (MESD...
Shipnext and FONASBA partner to raise standards in online shipping.
Categories: News Flash
Date: Dec 21, 2023
Leading online cargo platform Shipnext and The Federation of National Associations of Ship Brokers ...
Maritime disruptions in the Suez Canal and the Red Sea are expected to affect 10% of world trade and will increase general transport fares.
Categories: News Flash
Date: Dec 21, 2023
Attacks on container ships in the Red Sea and Suez Canal have caused major shipping lines worldwide...