News Flash
Baltic index snaps 4-day losing streak on firm capesize rates.
Categories: News Flash
Date: Dec 12, 2023
The Baltic Exchange’s dry bulk sea freight index, tracking rates for ships carrying dry bulk comm...
Keppel partners AM Green to explore biogenic carbon-based sustainable fuels opportunities in Asia and the Middle East
Categories: News Flash
Date: Dec 12, 2023
Keppel Corporation Limited (Keppel), through its Infrastructure Division, and AM Green, which is wh...
China’s economy has a ‘steep hill to climb’ despite positive export surprise, HSBC says
Categories: News Flash
Date: Dec 11, 2023
The Chinese economy still has a “steep hill to climb” despite a surprise pickup in exports and ...
US drillers add oil and gas rigs for fourth week in a row – Baker Hughes
Categories: News Flash
Date: Dec 11, 2023
U.S. energy firms this week added oil and natural gas rigs for a fourth week in a row for the first...
US wage growth, once an inflation risk, may now be the prop a soft landing needs
Categories: News Flash
Date: Dec 11, 2023
Federal Reserve officials will look at new wage data due out Friday to confirm what many have come ...
Asia spot LNG prices fall on continued muted demand
Categories: News Flash
Date: Dec 11, 2023
Asian spot liquefied natural gas (LNG) prices slightly fell this week on continued lack of interest...
Comfortable European gas market
Categories: News Flash
Date: Dec 11, 2023
European storage at record levelsThe European gas market couldn’t have entered the 2023/24 heatin...
APM Terminals and DP World launch Zero Emission Port Alliance at COP28
Categories: News Flash
Date: Dec 11, 2023
APM Terminals and DP World today announce the formation of the Zero Emission Port Alliance (ZEPA), ...
India turns to coal as hydro generation falls
Categories: News Flash
Date: Dec 11, 2023
India produced a record amount of electricity from coal in October to make up for a shortfall in hy...
Singapore’s PIL and DP World to decarbonize shipping with biofuel shipments
Categories: News Flash
Date: Dec 11, 2023
Singapore shipping company Pacific International Lines (PIL) and Dubai-based port operator DP World...
China Shipping Turns Green: Chinese shipbuilders adopt green tech for orders
Categories: News Flash
Date: Dec 11, 2023
The International Maritime Organization has set a goal for net-zero emissions in the shipping indus...
Shipping seeks safe waters in era of deadly geopolitics
Categories: News Flash
Date: Dec 11, 2023
As tankers, car-carriers and other merchant vessels pass through the Malacca Strait, unlit fishing ...
Baltic index extends losses on lower vessel demand
Categories: News Flash
Date: Dec 08, 2023
The Baltic Exchange’s dry bulk sea freight index, tracking rates for ships carrying dry bulk comm...
Hayfin to acquire up to $1bn of shipping assets through Maritime Yield strategy, building on longstanding sector track record
Categories: News Flash
Date: Dec 08, 2023
Hayfin Capital Management (“Hayfin”), a leading alternative credit platform, today announces th...
China’s Nov iron ore imports stay at elevated level on improving margins
Categories: News Flash
Date: Dec 08, 2023
China’s iron ore imports in November climbed 3.4% from October, customs data showed on Thursday, ...
LNG freight rates from US Gulf Coast to NWE, Asia weaken as demand lags
Categories: News Flash
Date: Dec 08, 2023
Freight rates to ship LNG from the US Gulf Coast region to both Northwest Europe and Asia have cool...
Asia Fuel Oil-VLSFO cash premium hits 10-week low, timespreads narrow
Categories: News Flash
Date: Dec 08, 2023
Asia’s cash premium 0.5% very low sulphur fuel oil (VLSFO) fell to a 10-week low on Thursday, whi...
UN ship agency adopts tougher resolution to tackle illicit ‘shadow’ fleet
Categories: News Flash
Date: Dec 08, 2023
The United Nations’ shipping agency on Wednesday adopted a resolution targeting illicit shipping ...
Maersk to deploy first large methanol-enabled vessel on Asia – Europe trade lane
Categories: News Flash
Date: Dec 08, 2023
A.P. Moller – Maersk (Maersk) is about to launch the first of its 18 large methanol-enabled vesse...
New Green Shipping Challenge Announcements at COP28: Leading the Global Energy Transition
Categories: News Flash
Date: Dec 08, 2023
Greenhouse gas emissions from the shipping sector are significant and rising. On their current traj...
Lloyd’s Register unifies its digital offering with LR OneOcean
Categories: News Flash
Date: Dec 08, 2023
Lloyd’s Register has merged its existing digital platforms under its new OneOceanLR brand, which ...
Asia Distillates-Markets record further term negotiations, more spot activity to emerge
Categories: News Flash
Date: Dec 08, 2023
Asia’s middle distillates markets recorded more term negotiations as some buyers sought first-hal...
Weaker vessel rates push Baltic index lower
Categories: News Flash
Date: Dec 07, 2023
The Baltic Exchange’s dry bulk sea freight index, tracking rates for ships carrying dry bulk comm...
Methanol Engine Secures Bulker Orders
Categories: News Flash
Date: Dec 07, 2023
Japan’s Tsuneishi Shipbuilding Co., Ltd. has ordered 3 × MAN B&W 7G50ME-C9.6-LGIM (-Liquid G...
DNV awards AiP for world’s largest car carrier design by China Merchants
Categories: News Flash
Date: Dec 07, 2023
At the Marintec China trade fair, DNV awarded an Approval in Principle (AiP) certificate to China M...
Oil CEO says blaming the energy industry for the climate crisis ‘like blaming farmers for obesity’
Categories: News Flash
Date: Dec 07, 2023
The chief executive of UAE-based energy firm Crescent Petroleum on Tuesday claimed that blaming the...
Kalmar expands its global delivery capability with startup of electric reachstacker and Essential forklift truck production at Shanghai facility
Categories: News Flash
Date: Dec 07, 2023
Kalmar, part of Cargotec, is to begin production of its electric reachstacker and Essential forklif...
BSM is ready to go for EU ETS
Categories: News Flash
Date: Dec 07, 2023
There are only a few days to go until EU’s Emission Trading System (EU ETS) kicks in for the ship...
OceanScore sees surge of new clients for EU ETS management solution driven by industry action for compliance
Categories: News Flash
Date: Dec 07, 2023
OceanScore is seeing rapid uptake of its recently launched EU ETS management solution with over 50 ...
IAPH publishes whitepaper on the Environmental Ship Index, outlining new features, enhancements & testimonials
Categories: News Flash
Date: Dec 07, 2023
IAPH publishes special whitepaper on the Environmental Ship Index (ESI), citing testimonials from w...
Asia Fuel Oil-VLSFO stable in thin trade; bunker premiums ease
Categories: News Flash
Date: Dec 07, 2023
Asia’s 0.5% very low sulphur fuel oil (VLSFO) market was little changed amid thin trade on Wednes...
Shipping industry remains in choppy waters
Categories: News Flash
Date: Dec 07, 2023
The local shipping industry is still struggling to recover from the heavy hammering of the pandemic...