News Flash
Dalian iron ore extends decline on ongoing government monitoring effects
Categories: News Flash
Date: Nov 30, 2023
Dalian iron ore futures on Wednesday extended declines for a fifth session, with market dynamics re...
Russia says bad weather still disrupting Black Sea oil exports
Categories: News Flash
Date: Nov 30, 2023
Russia’s transport ministry said on Wednesday that weather conditions in the Black Sea remained u...
NorthStandard to provide first ever Strike & Delay cover for adverse weather
Categories: News Flash
Date: Nov 30, 2023
NorthStandard’s Strike & Delay class has introduced Weather Cover into its suite of risks, pr...
WinGD debuts Variable Compression Ratio technology on NYK Line newbuilds
Categories: News Flash
Date: Nov 30, 2023
Swiss marine power company WinGD will realise the first commercial installments of its new variable...
Nordic American Tankers: The direction is up in a strong market
Categories: News Flash
Date: Nov 30, 2023
For decades, the experience is that uncertain times create demand for our ships. We see that there ...
LR to class first newbuild project for mid-size low pressure ammonia-ready LCO2 Carriers ordered by Capital Gas Ship Management at Hyundai Mipo Dockyard
Categories: News Flash
Date: Nov 30, 2023
Capital Gas Ship Management (Capital), Hyundai Mipo Dockyard (HD HMD), and Lloyd’s Register (LR) ...
Asia Fuel Oil-VLSFO premium at two-month low; HSFO discount narrows
Categories: News Flash
Date: Nov 30, 2023
Asia’s cash premium for 0.5% very low sulphur fuel oil (VLSFO) slipped to a two-month low on Wedn...
Baltic index surges to 18-month high on robust vessel demand
Categories: News Flash
Date: Nov 30, 2023
The Baltic Exchange’s dry bulk sea freight index gained for the fifth consecutive session to hit ...
Asia jet fuel prices hit highest in 5 years versus gasoil on strong demand
Categories: News Flash
Date: Nov 29, 2023
Jet fuel prices in Asia rose to their highest against gasoil in five years on Tuesday, buoyed by st...
Middle East Crude-Oman, Dubai extend losses in thin trades, OPEC+ meeting in focus
Categories: News Flash
Date: Nov 29, 2023
Middle Eastern benchmarks Oman and Murban extended losses on Tuesday as spot trades winded down tow...
EU agreement on waste shipments puts compliance in sight for non-OECD recycling yards, says Sea Sentinels
Categories: News Flash
Date: Nov 29, 2023
A newly-minted EU agreement on waste shipments is set to remove a legal roadblock to make it possib...
What OPEC+ oil output cuts are already in place and what could change
Categories: News Flash
Date: Nov 29, 2023
Saudi Arabia, Russia and other members of OPEC are scheduled to meet online on Thursday and could m...
Genco Shipping & Trading Limited Advances Fleet Renewal Strategy
Categories: News Flash
Date: Nov 29, 2023
Genco Shipping & Trading Limited, the largest U.S. headquartered drybulk shipowner focused on t...
NEDO Demonstration Project: Demonstration Test Ship for Liquefied CO2 Transportation Delivered
Categories: News Flash
Date: Nov 29, 2023
The christening and handover ceremony for a liquefied CO2 transportation demonstration test ship wa...
Asia Fuel Oil-HSFO rebounds as market eyes China demand recovery
Categories: News Flash
Date: Nov 29, 2023
Asia’s high sulphur fuel oil (HSFO) market firmed on Tuesday amid market expectations of China re...
Australia Pacific LNG deliveries disrupted due to tanker outage
Categories: News Flash
Date: Nov 29, 2023
Shipments of liquefied natural gas (LNG) from Australia Pacific LNG have come to a halt after a loa...
Annual review from international maritime charity highlights challenges faced by seafarers in 2022-23
Categories: News Flash
Date: Nov 29, 2023
The International Seafarers’ Welfare and Assistance Network (ISWAN) reports that demand for its s...
Baltic index extends rally on higher capesize rates
Categories: News Flash
Date: Nov 29, 2023
The Baltic Exchange’s dry bulk sea freight index rose on Tuesday for the fourth consecutive sessi...
Korean shipbuilders seek overseas yards for surging orders
Categories: News Flash
Date: Nov 28, 2023
South Korean shipbuilders are seeking overseas production bases through mergers and acquisitions to...
Asia Fuel Oil-VLSFO softens; China issues more fuel oil import quotas
Categories: News Flash
Date: Nov 28, 2023
Asia’s very low sulphur fuel oil (VLSFO) market weakened further on Monday, while China has issue...
Dual-Fuel Methanol MAN 175D Announced: Newbuild and retrofit variants planned for 2026
Categories: News Flash
Date: Nov 28, 2023
MAN Energy Solutions has announced that a dual-fuel version of its MAN 175D high-speed engine, capa...
Russia’s Black Sea oil exports from Novorossiisk delayed
Categories: News Flash
Date: Nov 28, 2023
Russia’s oil and products exports from the Novorossiisk Black Sea terminal have been severely res...
China says boosts iron ore concentrate capacity to secure supplies
Categories: News Flash
Date: Nov 28, 2023
China has added 50 million metric tons of iron ore concentrate capacity from 2022, state media quot...
Dachser Streamlines Ocean Shipment Booking with Integration Between Hapag-Lloyd Spot Rates and Descartes Rate Management Solution
Categories: News Flash
Date: Nov 28, 2023
Descartes Systems Group, the global leader in uniting logistics-intensive businesses in commerce, a...
Singapore iron ore eases after China intensifies intervention
Categories: News Flash
Date: Nov 28, 2023
Singapore iron ore futures retreated on Monday as caution mounted after the world’s top consumer ...
China’s central bank pledges to support domestic demand
Categories: News Flash
Date: Nov 28, 2023
China’s central bank on Monday said it would fend off systemic risks to the economy and use force...
IEC Telecom introduces OptiShield advanced cybersecurity solution for vessels
Categories: News Flash
Date: Nov 28, 2023
In an era of heightened cyber awareness by vessels, leading international satellite service operato...
Baltic index scales 1 and 1/2-year peak on robust demand for bigger ships
Categories: News Flash
Date: Nov 28, 2023
The Baltic Exchange’s dry bulk sea freight index rose on Monday for the third consecutive session...
Dry Bulk Market: Capesizes Record Third Weekly Gain
Categories: News Flash
Date: Nov 27, 2023
Capesize For the first half of the week, the market faced subdued activity, particularly in the ...
Q3’23 Carbon emission carrier ranking | US West Coast to Far East
Categories: News Flash
Date: Nov 27, 2023
We are back with the latest edition of the Xeneta and Marine Benchmark Carbon Emission Index (CEI),...
What to expect in 2024 – 5 trends in freight forwarding
Categories: News Flash
Date: Nov 27, 2023
The world of freight forwarding is constantly evolving, driven by global economic shifts, technolog...
Israeli-linked chemical tanker seized in Gulf of Aden -US official, vessel company.
Categories: News Flash
Date: Nov 27, 2023
Unidentified armed individuals have seized a tanker carrying a cargo of phosphoric acid in the Gulf...