News Flash
EU sanctions on Russia’s coal increase U.S. coal exports to Europe
Categories: News Flash
Date: Nov 03, 2023
U.S. coal exports increased by 5.7 million short tons (MMst) in the 12 months after EU sanctions on...
Euro zone factory downturn deepened in October -PMI
Categories: News Flash
Date: Nov 03, 2023
Euro zone manufacturing activity took a further step back last month in a broad-based downturn, acc...
Chevron in talks on 15-year LNG supply contracts into Europe
Categories: News Flash
Date: Nov 03, 2023
Chevron (NYSE:) is negotiating contracts to supply liquefied (LNG) into Europe for up to 15 years a...
ENGINE: Americas Bunker Fuel Availability Outlook
Categories: News Flash
Date: Nov 03, 2023
North AmericaAvailability of VLSFO and LSMGO grades in Houston has been good so far this week. Seve...
Maersk Supply Service Selects Inmarsat Fleet Data End-User Api To Enhance Performance Of Battery-Optimised Vessel
Categories: News Flash
Date: Nov 03, 2023
Maersk Supply Service has selected Fleet Data IoT platform from Inmarsat Maritime, a Viasat busines...
Asia Distillates-Cracks rise for 3rd session on gains in West despite thin trade
Categories: News Flash
Date: Nov 03, 2023
Asia’s middle distillates markets were supported for a third consecutive session by stronger perf...
Iron ore extends gains on growing buying appetite
Categories: News Flash
Date: Nov 03, 2023
Iron ore extended gains for a second consecutive session on Thursday due to growing appetite for th...
ABB and Carnival Corporation sign strategic partnership for Azipod® propulsion services
Categories: News Flash
Date: Nov 02, 2023
ABB and Carnival Corporation & plc have signed a long-term partnership agreement to collaborate...
ABS Report Shines Light on Complex Regulatory Landscape in Maritime Industry
Categories: News Flash
Date: Nov 02, 2023
ABS shines a light on the maritime industry’s complex regulatory environment in a major new repor...
ENGINE: Europe & Africa Bunker Fuel Availability Outlook
Categories: News Flash
Date: Nov 02, 2023
Northwest EuropeHSFO availability has shown signs of improvement in Rotterdam. Some sources say tha...
Ukraine says Russian warplanes drop explosives on Black Sea shipping lanes
Categories: News Flash
Date: Nov 02, 2023
Ukraine said on Wednesday Russian warplanes had dropped “explosive objects” into the likely pat...
South Korea Successfully Achieves Simultaneous LNG Bunkering Operations on Bulk Carriers
Categories: News Flash
Date: Nov 02, 2023
For the first time in Korea, on 28 October, simultaneous operations (SIMOPs) of ship-to-ship LNG bu...
WAF VLCC market continues to firm on rising oil demand
Categories: News Flash
Date: Nov 02, 2023
Dirty freight rates for Very Large Crude Carrier voyages loading in West Africa have firmed substan...
Asia Fuel Oil-VLSFO premium spikes on tight supply outlook
Categories: News Flash
Date: Nov 02, 2023
Cash premiums for very low sulphur fuel oil (VLSFO) extended gains in Asia on the first trading day...
Black Sea dry bulk exports up 13% y/y as Russian wheat exports rise
Categories: News Flash
Date: Nov 02, 2023
Between January and October, dry bulk exports out of the Black Sea increased by 13% y/y, driven by ...
MOL and Pyxis sign Collaboration Agreement for development and market expansion of electric vessels in Singapore and Japan
Categories: News Flash
Date: Nov 02, 2023
Mitsui O.S.K. Lines, Ltd. (MOL) and Pyxis Maritime Pte Ltd. (Pyxis) have signed a Memorandum of Und...
Baltic index falls for 10th straight session on lower vessel demand
Categories: News Flash
Date: Nov 02, 2023
The Baltic Exchange’s main sea freight index .BADI, tracking rates for ships carrying dry bulk co...
Singapore iron ore eases slightly amid caution on China data
Categories: News Flash
Date: Nov 01, 2023
Singapore iron ore edged down on Tuesday, as caution dominated among traders after the latest Chine...
Asia Fuel Oil-VLSFO margin hits four-month high; more tenders underway
Categories: News Flash
Date: Nov 01, 2023
Asia’s fuel oil benchmarks climbed on Tuesday with refining margin scaling a four-month high, whi...
ITIC warns ship managers of the dangers of management mistakes.
Categories: News Flash
Date: Nov 01, 2023
International Transport Intermediaries Club (ITIC) – a mutual insurer that provides professional ...
Drought at the Panama Canal delays energy shipments, increasing shipping costs.
Categories: News Flash
Date: Nov 01, 2023
A drought is limiting ship traffic through the Panama Canal. The resulting delays caused shipping r...
ENGINE: East of Suez Bunker Fuel Availability Outlook
Categories: News Flash
Date: Nov 01, 2023
SingaporeSingapore has witnessed “below average” bunker demand so far this week, a source says....
MISC Partners with Pengerang LNG (Two) Sdn. Bhd. for LNG Floating Storage Unit Project
Categories: News Flash
Date: Nov 01, 2023
MISC Berhad (MISC) has entered into a binding Heads of Agreement (HOA) with Pengerang LNG (Two) Sdn...
The Nautical Institute Singapore Conference 2023 wraps up with exceptional attendance and inspiring insights for the maritime industry.
Categories: News Flash
Date: Nov 01, 2023
The Nautical Institute Singapore Conference 2023 has concluded with the attendance of close to 180 ...
Falling vessel rates push Baltic main index lower.
Categories: News Flash
Date: Nov 01, 2023
The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodit...
CEMS forges strategic partnerships at Global Maritime India Summit 2023 to boost skill development and innovation.
Categories: News Flash
Date: Oct 31, 2023
The Centre of Excellence in Maritime and Shipbuilding (CEMS), a dynamic skill development knowledge...
WAF Suezmax market surges to YTD high amid rising inquiry, insufficient tonnage list
Categories: News Flash
Date: Oct 31, 2023
Suezmax dirty tanker freight rates for West Africa to UK-Continent voyages rose sharply on the day ...
Anemoi signs deal with Hudong-Zhonghua Shipbuilding Group to develop Rotor Sail designs for LNG carriers.
Categories: News Flash
Date: Oct 31, 2023
Anemoi Marine Technologies has entered into a Joint Design Cooperation Agreement with Hudong-Zhongh...
INTERCARGO meets in Athens and celebrates record membership.
Categories: News Flash
Date: Oct 31, 2023
Members of INTERCARGO met in Athens last week for the Association’s Annual General Meeting, Execu...
Asia Fuel Oil-VLSFO premium edges up as bids firm for Nov second-half
Categories: News Flash
Date: Oct 31, 2023
Asia’s cash premium for very low sulphur fuel oil (VLSFO) rose on Monday after bids for spot carg...
Höegh Autoliners ASA – Sale of Höegh Bangkok and purchase of Höegh Jacksonville
Categories: News Flash
Date: Oct 31, 2023
Höegh Autoliners ASA, has reached an agreement for the sale of the vessel Höegh Bangkok (IMO 9318...
Wallem Group makes strides in decarbonization.
Categories: News Flash
Date: Oct 31, 2023
Wallem Group, a leading global maritime partner, is proud to have welcomed two dual fuel vessels, A...