News Flash
Asia Fuel Oil-VLSFO premiums retreat, HSFO stable
Categories: News Flash
Date: Oct 18, 2023
Spot cargo premiums for Asia’s very low sulphur fuel oil fell on Tuesday, while high sulphur fuel...
Baltic index hits over 14-month high on capesize gains
Categories: News Flash
Date: Oct 18, 2023
The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodit...
GenPro Blue Day brings together expert speakers for sustainability panel
Categories: News Flash
Date: Oct 18, 2023
Following close on the heels of Cyprus Maritime Week, maritime and commercial procurement company G...
Russian oil freight rates jump as US boosts scrutiny of price cap compliance
Categories: News Flash
Date: Oct 18, 2023
Oil freight rates from Russia’s Baltic ports to India are up some 50% since last week as more shi...
Russian seaborne diesel exports fell by 20% from October 1-15 m/m
Categories: News Flash
Date: Oct 18, 2023
Russia’s seaborne diesel and gasoil exports fell by 20% to about 1.1 million metric tons in the f...
Ample supply weighs on Asian naphtha at the start of H1 Dec delivery cycle
Categories: News Flash
Date: Oct 18, 2023
The strength in Asian naphtha took a sharp dip at the start of the trading cycle for H1 December de...
Saudi Arabia can lift oil production within weeks – Aramco CEO
Categories: News Flash
Date: Oct 18, 2023
Saudi Aramco 2223.SE can ramp up oil production within weeks as global consumption is set to rise t...
US oil output from top shale regions set to fall in November -EIA
Categories: News Flash
Date: Oct 18, 2023
U.S. oil output from top shale-producing regions is set to fall for a third month in a row in Novem...
CLEAN TANKER QUARTERLY: Americas MR freight heads into firm Q4 amid strong volatility
Categories: News Flash
Date: Oct 17, 2023
Persistent transit limitations at the Panama Canal and an easing of the Russian diesel export ban, ...
Baltic index rises on capesize strength
Categories: News Flash
Date: Oct 17, 2023
The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodit...
WinGD to power EXMAR LPG’s first ammonia-fuelled vessels
Categories: News Flash
Date: Oct 17, 2023
Swiss marine power company WinGD will deliver ammonia-fuelled X-DF-A engines for a series of two 46...
War in Israel: The new geopolitical flashpoint for ocean shipping
Categories: News Flash
Date: Oct 17, 2023
Wars and pandemics — geopolitical and global health crises causing widespread suffering and death...
INTERCARGO highlights new membership high in Annual Review
Categories: News Flash
Date: Oct 17, 2023
As the International Association of Dry Cargo Shipowners (INTERCARGO) publishes its Annual Review t...
Asia Fuel Oil-Refining cracks dip; Singapore bunker sales steady in September
Categories: News Flash
Date: Oct 17, 2023
Asia’s fuel oil refining cracks fell on Monday even though crude oil prices edged lower as the ma...
Saudi Arabia’s crude exports drop to 28-month low in August
Categories: News Flash
Date: Oct 17, 2023
Saudi Arabia’s crude oil exports in August hit their lowest level in 28 months as they fell for a...
Columbia Group launches Female Cadet Mentoring Programme to help recruit and retain more women in maritime
Categories: News Flash
Date: Oct 17, 2023
As part of its bid to attract more women into the maritime sector, Columbia Group has launched a me...
Sea partners with Spot Ship to automate vessel availability and enable data-driven decision-making when fixing freight
Categories: News Flash
Date: Oct 17, 2023
Sea, the intelligent marketplace for fixing freight, has announced a strategic partnership with Spo...
Asia Distillates-Cracks back at a two-week high, Chinese November sellers prevalent
Categories: News Flash
Date: Oct 17, 2023
Asia’s 10-ppm sulphur gasoil margins kicked off the week at an almost two-week high, tracking gai...
Asia spot LNG prices rise as geopolitical tensions fuel supply woes
Categories: News Flash
Date: Oct 16, 2023
Asian spot liquefied natural gas (LNG) prices climbed $1 this week despite muted demand, tracking E...
Russia fuel exports jump in Sept despite OPEC deal, sanctions – IEA report
Categories: News Flash
Date: Oct 16, 2023
Russian crude oil and product exports rose in September by as much as 460,000 barrels per day, the ...
Brazil shipping agents warn clients drought disrupting corn shipping on barges
Categories: News Flash
Date: Oct 16, 2023
A severe drought is disrupting barge traffic on the Tapajos river in the Amazon rainforest, shippin...
China’s steel production falls in late Sep but markets remain wary of actual levels
Categories: News Flash
Date: Oct 16, 2023
China’s daily pig iron and crude steel output for Sept. 21-30 decreased 4.3% and 3.1% from Sept. ...
Greek port project helps boost career prospects
Categories: News Flash
Date: Oct 16, 2023
When Patritsia Zigou first heard the news about the Chinese company’s takeover of the Greek Pirae...
Tankers: Business as Usual?
Categories: News Flash
Date: Oct 16, 2023
After the latest events in Israel and Gaza, the tanker market has been largely unaffected. However,...
Shipping must improve forecasting and not allow ‘uncertainty to delay action
Categories: News Flash
Date: Oct 16, 2023
Large scale changes identified in report include key ports becoming unusable due to climate change,...
Dry Bulk Market: Capesizes Keep Going Strong
Categories: News Flash
Date: Oct 16, 2023
CapesizesClosing at $27,591 the Capesize TC average maintained similar levels week-on-week, however...
BIMCO adopts new CII clause for Voyage Charter Parties
Categories: News Flash
Date: Oct 16, 2023
The shipping industry is facing an increase in new regulations from the International Maritime Orga...
Special shipping containers provide some hope for container manufacturers
Categories: News Flash
Date: Oct 16, 2023
After the surge in output of 2021, the past 18 months have proved particularly challenging for Chin...
Shipping Must Look Beyond the Engine, The Real Challenge is an Industry Transformed, Cautions ABS Chairman and CEO
Categories: News Flash
Date: Oct 13, 2023
Shipping must look beyond its current focus on engine technology and address the widespread disrupt...
Maersk signs deal with Starlink for its Ocean fleet
Categories: News Flash
Date: Oct 13, 2023
A.P. Moller–Maersks, the global leader of integrated container logistics, is embarking on a colla...
India’s Sept diesel flows to Europe reach all-time peak, Oct volumes slowing
Categories: News Flash
Date: Oct 13, 2023
India’s September-loading diesel exports to Europe hit an unprecedented high as traders cashed in...
Overseas Shipholding Group Purchases Vessel from BP
Categories: News Flash
Date: Oct 13, 2023
Overseas Shipholding Group, Inc. (“OSG”) announced today an agreement with BP Oil Shipping Comp...