News Flash

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China signs US soy export deals, but unclear if sales will follow -Braun

Categories: News Flash

Date: Oct 26, 2023

U.S. soybean exporters have recently seen less action than usual from top customer China, though th...

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Iron ore climbs over 3% on China fiscal stimulus hopes

Categories: News Flash

Date: Oct 25, 2023

Iron ore futures climbed more than 3% on Tuesday as Beijing was seen preparing an additional sovere...

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Euro zone October PMI at near 3-year low, stirring recession worries

Categories: News Flash

Date: Oct 25, 2023

Euro zone business activity took a surprise turn for the worse this month as demand fell in a broad...

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Port of Los Angeles cargo volume increases again in September

Categories: News Flash

Date: Oct 25, 2023

For the second consecutive month, Port of Los Angeles cargo volume increased compared to 2022. The ...

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Asia Distillates-Markets slip despite thin liquidity, Nov spot tenders continue

Categories: News Flash

Date: Oct 25, 2023

Asia’s middle distillates markets softened mostly against a backdrop of thinning spot trading liq...

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Russia strikes deal with Dubai’s DP World to develop Arctic sea route

Categories: News Flash

Date: Oct 25, 2023

Russian nuclear agency Rosatom said on Tuesday it has set up a joint venture with Dubai’s DP Worl...

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Asia Fuel Oil-VLSFO cash premium extends slide for sixth session

Categories: News Flash

Date: Oct 25, 2023

Asia’s cash premium for 0.5% very low sulphur fuel oil (VLSFO) eased for a sixth consecutive sess...

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Vitol targets Asia biofuel growth with specialist bunker barges

Categories: News Flash

Date: Oct 25, 2023

Vitol is strengthening its position in Asia’s expanding biofuel market, with the delivery of spec...

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Integr8 Fuels: Robust Regulation and Licensing Key to Ensuring ARA’s Mass Flow Meter Mandate is a Success

Categories: News Flash

Date: Oct 25, 2023

On 19 October, the Port of Rotterdam and Antwerp-Bruges Port Authority officially confirmed that Ma...

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Cross-UKC Aframax freight rate hits YTD high amid North Sea tonnage crunch

Categories: News Flash

Date: Oct 25, 2023

Aframax dirty tanker freight rates for cross UK-Continent voyages rose sharply on the day Oct. 23, ...

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Baltic index falls for fourth straight day on weaker capesize rates

Categories: News Flash

Date: Oct 25, 2023

The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodit...

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Raízen And Wärtsilä Sign Agreement to Accelerate Fleet Sustainability through Ethanol-Based Solutions

Categories: News Flash

Date: Oct 23, 2023

Decarbonization agreement aims to explore use of ethanol as marine fuel to reduce GHG emissions and...

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EXMAR, ENI And Dry Docks World Dubai Celebrate The Sail Away Of Tango FLNG And Excalibur FSU Vessels To Congo

Categories: News Flash

Date: Oct 23, 2023

In the presence of the Ministry of Hydrocarbons of the Republic of Congo, Bruno Jean Richard Itoua,...

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China’s weekly coastal bulk freight index remains flat

Categories: News Flash

Date: Oct 23, 2023

China’s coastal bulk freight index remained flat in the week ending Oct 20, according to the Shan...

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Transformational Technologies, Sustainability Solutions Lead ABS Japan National Committee Meeting

Categories: News Flash

Date: Oct 23, 2023

Maritime industry leaders came together at the annual ABS Japan National Committee Meeting to discu...

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Baltic index posts seventh straight weekly gain

Categories: News Flash

Date: Oct 23, 2023

The Baltic Exchange’s dry bulk sea freight index, tracking rates for ships carrying dry bulk comm...

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Valencia port’s traffic increases again

Categories: News Flash

Date: Oct 23, 2023

Traffic is growing again at Valenciaport. After six months reflecting downward records, the Statist...

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Why has OPEC increased its long-term oil demand outlook in the WOO 2023?

Categories: News Flash

Date: Oct 23, 2023

This past year has seen the OPEC Secretariat research team take onboard a variety of energy policy ...

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Strongest September On Record At Port Of Long Beach

Categories: News Flash

Date: Oct 23, 2023

The Port of Long Beach achieved its busiest September on record, boosted by consumer demand for hol...

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Global LNG: Asia spot prices rise on stronger northeast Asian demand

Categories: News Flash

Date: Oct 23, 2023

Asian spot liquefied natural gas (LNG) prices rose more than $3 this week to a near nine-month high...

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Inflation, commercial real estate among top financial stability concerns -Fed survey

Categories: News Flash

Date: Oct 23, 2023

The chance for persistent inflation to keep interest rates higher and potential losses in the comme...

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Capesize gains propel the Baltic index to the fourth straight day of gains

Categories: News Flash

Date: Oct 19, 2023

The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodit...

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‘No question’ that the decarbonization of shipping will contribute to inflation, says industry CEO.

Categories: News Flash

Date: Oct 19, 2023

The cost of decarbonizing the shipping industry will have a knock-on effect on consumers, according...

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Ships with Ukrainian crew at Russian ports risk disruption

Categories: News Flash

Date: Oct 19, 2023

The Russian Federation’s recent implementation of temporary entry restrictions for Ukrainian citi...

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Asia Fuel Oil-Cash premiums steady, market backwardation widens

Categories: News Flash

Date: Oct 19, 2023

Cash premiums for fuel oil were steady in Asia on Wednesday, though market backwardation widened fr...

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China Sept coal output hits six-month high on rising power demand

Categories: News Flash

Date: Oct 19, 2023

China’s September coal output rose 0.4% from August to the highest level since March, official da...

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Volatility expected in metals markets as they adapt to accelerated energy transition pressures

Categories: News Flash

Date: Oct 19, 2023

The current metals super-cycle that is a major component of the global energy transition could stal...

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Shipping needs to take rapid action to achieve 5% zero-emission fuel target by 2030, new report finds

Categories: News Flash

Date: Oct 19, 2023

A new report from UMAS, Getting to Zero Coalition, and Race to Zero finds that while it is possible...

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OPEC plans no immediate action after Iran urges Israel oil embargo, sources say

Categories: News Flash

Date: Oct 19, 2023

OPEC is not planning to hold an extraordinary meeting or take any immediate action after Iran’s f...

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Rates Spark: Economic resilience pushes rates higher

Categories: News Flash

Date: Oct 19, 2023

How the situation in the Middle East will evolve is still very uncertain, but high-level diplomatic...

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Global Trade Activity Falls at Steepest Rate in Eighteen Months

Categories: News Flash

Date: Oct 19, 2023

New data from Tradeshift shows transaction volumes across global supply chains dropped at their fas...

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The Antitrust Immunity for Carrier Agreements Remains Beneficial For the Global Supply Chain

Categories: News Flash

Date: Oct 18, 2023

ASA has submitted to the European Commission in October 2022, in collaboration with ICS and WSC, th...