News Flash
Baltic index extends losses for 8th session on weaker vessel rates.
Categories: News Flash
Date: Oct 31, 2023
The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodit...
RightShip and Porto de Santos sign a partnership to deploy groundbreaking new risk management solution for ports and terminals.
Categories: News Flash
Date: Oct 31, 2023
PortRisk is a comprehensive risk management solution that transforms how ports and terminals naviga...
Havila Shipping ASA: Sale of vessels
Categories: News Flash
Date: Oct 31, 2023
Havila Shipping ASA has, following demands from lenders, and in accordance with the current restruc...
Demand For Tankers Will Remain Strong, Even After the Peak Oil Scenario Materializes
Categories: News Flash
Date: Oct 30, 2023
The tanker market will keep on… shipping fossil fuels for a long time, despite the looming peak o...
‘Investments, partnerships needed’ to reduce carbon in shipping.
Categories: News Flash
Date: Oct 30, 2023
Industry leaders have been told achieving environmental targets in ocean freight shipping requires ...
Drewry: Tanker Equities on the Rise.
Categories: News Flash
Date: Oct 30, 2023
The Drewry Crude Tanker Equity Index has been largely on an uptrend since early July. The index jum...
AEGIR-Marine kicks off groundbreaking proof-of-concept project with the Maritime Remanufacturing Network
Categories: News Flash
Date: Oct 30, 2023
The Maritime Remanufacturing Network (MRN) is proud to announce that it has begun its first project...
China ports container volume rises 5.2% from January to September 2023，Ningbo Containerized Freight Index decrease in October 2023
Categories: News Flash
Date: Oct 30, 2023
From January to September of 2023, the cargo volume of Chinese ports was 12540.2 million tons, a ye...
Ocean Yield ASA: Investment in Suezmax tanker with long-term charter
Categories: News Flash
Date: Oct 30, 2023
Ocean Yield AS is pleased to announce that it has agreed to acquire a 2016-built Suezmax tanker wit...
CMA CGM to adapt the setup of its EURAF 1 service connecting North Europe with West Africa
Categories: News Flash
Date: Oct 30, 2023
We would like to inform our customers that due to persistent congestion in Dakar Terminal and to pr...
Zelenskiy says Black Sea corridor to continue functioning despite threats.
Categories: News Flash
Date: Oct 30, 2023
The alternative Black Sea export corridor will continue to function despite all threats, Ukraine Pr...
Baltic index snaps seven-week winning streak as vessel rates dip
Categories: News Flash
Date: Oct 30, 2023
The Baltic Exchange’s dry bulk sea freight index, tracking rates for ships carrying dry bulk comm...
Dry Bulk Market: Capesizes on correction mode
Categories: News Flash
Date: Oct 30, 2023
Capesize The week in the capesize market concluded with a continued trend of declining rates. In...
Shore power needs and CO2 emissions reductions of ships in European Union ports: Meeting the ambitions of the FuelEU Maritime and AFIR
Categories: News Flash
Date: Oct 27, 2023
This study explores the role of shore power in decarbonizing maritime transportation in the Europea...
Iron ore subdued as China winter demand in focus
Categories: News Flash
Date: Oct 27, 2023
Dalian and Singapore iron ore futures were subdued on Thursday amid worries that Chinese demand for...
Canada to see more LNG projects as Asia buyers will target its certified gas
Categories: News Flash
Date: Oct 27, 2023
Start of the Shell-backed 14 million mt/year LNG Canada project in 2025 will provide the impetus fo...
US economic growth accelerates in third quarter
Categories: News Flash
Date: Oct 27, 2023
The U.S. economy grew at its fastest pace in nearly two years in the third quarter as higher wages ...
Fortescue’s quarterly iron ore shipments fall 3% on maintenance
Categories: News Flash
Date: Oct 27, 2023
Australian miner Fortescue on Thursday reported a 3% drop in its quarterly iron ore shipments becau...
Airseas validates automated dynamic flight with projected initial 16% fuel and emissions reductions
Categories: News Flash
Date: Oct 27, 2023
Airseas, a provider of wind propulsion systems for the maritime sector, has announced that its late...
Asia Fuel Oil-VLSFO slips further while inventories rise
Categories: News Flash
Date: Oct 27, 2023
The cash premium for 0.5% very low sulphur fuel oil (VLSFO) edged lower for an eighth consecutive t...
Baltic index falls to 1-month low after rates slip across vessel segments
Categories: News Flash
Date: Oct 27, 2023
The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodit...
Capacity management in ocean freight shipping will be key in coming years, and index-based pricing could offer a solution
Categories: News Flash
Date: Oct 27, 2023
The Xeneta Summit has heard the ocean freight shipping industry will find new ways of working toget...
Container ships reach highest average age on record of 14.2 years
Categories: News Flash
Date: Oct 27, 2023
Container ships have reached their highest average age yet at 14.2 years, the highest average age o...
Bunker Holding and NeoGreen Hydrogen Corp. sign MoU for green ammonia and synthetic fuels
Categories: News Flash
Date: Oct 26, 2023
Bunker Holding and NeoGreen Hydrogen Corp. announce the signing of a Memorandum of Understanding to...
Weak euro zone lending adds to recession fears
Categories: News Flash
Date: Oct 26, 2023
Bank lending across the euro zone came to a near standstill last month, European Central Bank data ...
Asia Fuel Oil-HSFO in discount as bearish factors weigh
Categories: News Flash
Date: Oct 26, 2023
Asia’s spot high sulphur fuel oil (HSFO) market has sunken back into a discount this week as bear...
IEA has not started emergency oil stock discussions amid Middle East tensions: official
Categories: News Flash
Date: Oct 26, 2023
The International Energy Agency has not started any discussions on oil stock releases but member co...
ABS Sets Sight on Ambitious Project to Class 3D-Printed Propeller
Categories: News Flash
Date: Oct 26, 2023
ABS is joining Mencast Marine (MMPL), the Singapore University of Technology and Design (SUTD), and...
Iron ore rally continues as China boosts stimulus
Categories: News Flash
Date: Oct 26, 2023
Dalian iron ore futures hit five-week highs on Wednesday and the Singapore benchmark rose for a thi...
Asia Distillates-Margins slip 7%, premiums at 3-mth low on persistent futures weakness
Categories: News Flash
Date: Oct 26, 2023
Asia’s middle distillates markets slipped for a second straight session as weakness in the gasoil...
Baltic index extends decline on capesize weakness
Categories: News Flash
Date: Oct 26, 2023
The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodit...
US crude, gasoline stockpiles rise as refiners run less oil -EIA
Categories: News Flash
Date: Oct 26, 2023
U.S. crude oil stockpiles jumped last week as refinery utilization dropped, whilegasoline inventori...