News Flash
‘Sky’s the limit’ for shipping derivatives
Categories: News Flash
Date: Mar 04, 2024
The sky’s the limit” for the use of derivatives in the shipping industry, according to finance ...
Rotterdam World Gateway container terminal invests in shore-based power
Categories: News Flash
Date: Mar 04, 2024
Rotterdam World Gateway (RWG) container terminal has decided to equip its entire quayside with shor...
US LNG exports fall in February on outage and fewer calendar days
Categories: News Flash
Date: Mar 04, 2024
A month-long closure at Freeport LNG plant in Texas and fewer days in the month pushed February U.S...
Cyprus Shipping 2024 | New Green Incentives Programme
Categories: News Flash
Date: Mar 04, 2024
The Cyprus Shipping Deputy Ministry recently announced a new ‘Green Incentives Programme’, aimi...
Ukraine expands ship war insurance with Marsh & Lloyd’s to iron ore, steel
Categories: News Flash
Date: Mar 04, 2024
Insurance broker Marsh MMC.N and Lloyd’s of London underwriters have expanded a marine war insura...
Only grain ships from Black Sea and for Iran still crossing Red Sea, analysts say
Categories: News Flash
Date: Mar 04, 2024
Grain ships originating from the Black Sea or bound for Iran are about the only ones still sailing ...
UKMTO receives report of attack west of Yemen’s Mokha
Categories: News Flash
Date: Mar 04, 2024
The United Kingdom Maritime Trade Operations (UKMTO) agency said on Saturday that it received a rep...
Yemen's Houthis say they will continue sinking British ships
Categories: News Flash
Date: Mar 04, 2024
Houthi militants have repeatedly launched drones and missiles against international commercial ship...
Ship sunk by Houthis threatens Red Sea environment, Yemeni government says
Categories: News Flash
Date: Mar 04, 2024
The UK-owned Rubymar, attacked by Houthi militants last month, has sunk in the Red Sea, Yemen’s i...
Rubymar cargo ship attacked by Houthis has sunk, Yemeni government says
Categories: News Flash
Date: Mar 04, 2024
The Rubymar cargo ship, attacked last month, has sunk in the southern Red Sea, Yemen’s internatio...
Asia Distillates-Margins hit 2-month low, premiums dip again amid ample supply
Categories: News Flash
Date: Mar 01, 2024
Asia’s middle distillates markets weakened further against a backdrop of ample March supply from ...
NORDEN adds to Capesize portfolio to meet customer demands
Categories: News Flash
Date: Mar 01, 2024
NORDEN acquires four Capesize newbuildings to meet strong demands from customers looking to unlock ...
India’s Russian oil imports rise in February – ship tracking data
Categories: News Flash
Date: Mar 01, 2024
India’s daily crude oil imports from its top supplier Russia are expected to rise in February fro...
Iron ore hemmed in tight range as investors reassess China demand prospects
Categories: News Flash
Date: Mar 01, 2024
Iron ore futures held in a tight range on Thursday as investors reassessed near-term demand prospec...
ZeroNorth partners with Vitol to facilitate EUA purchases, accelerating green shipping
Categories: News Flash
Date: Mar 01, 2024
New functionality will enable customers to request to buy European Union Allowances from Vitol’s ...
Asia Fuel Oil-VSFLO refining crack logs uptrend in February
Categories: News Flash
Date: Mar 01, 2024
Refining margins for very low sulphur fuel oil (VLSFO) posted an increase from early to end Februar...
Barge fuel exports help Russia negotiate tanker shortage
Categories: News Flash
Date: Mar 01, 2024
Russia exported more than 700,000 metric tons of oil products from the Black Sea port of Novorossii...
TotalEnergies Marine Fuels Completes First Digital Bunker Operation with Mitsui O.S.K. Lines in Singapore
Categories: News Flash
Date: Mar 01, 2024
TotalEnergies Marine Fuels has conducted its first digital bunker delivery for Mitsui O.S.K. Lines,...
Nordic American Tanker: Dividend is up and solid prospects going forward
Categories: News Flash
Date: Mar 01, 2024
Highlights: In 2023, the Net Voyage Revenue for Nordic American Tankers Ltd (NAT) totaled $262.2...
Baltic Index Climbs To 10-Week High On Rising Vessel Rates
Categories: News Flash
Date: Mar 01, 2024
The Baltic Exchange’s dry bulk sea freight index extended gains on Thursday to hit an over two mo...
Global LNG demand seen rising in 2024 from China, Europe
Categories: News Flash
Date: Feb 29, 2024
Global liquefied natural gas (LNG) demand will grow in 2024 with top buyer China back in the market...
Lower shipping rates nudges Samudera Shipping to report earnings of US$101.2 million
Categories: News Flash
Date: Feb 29, 2024
Samudera Shipping Line has reported earnings of US$101.2 million, down 68.6% y-o-y for FY2023, on t...
Abandoned at sea, Houthi-damaged ship awaits towing to Saudi Arabia amid oil slick concerns
Categories: News Flash
Date: Feb 29, 2024
A vessel impaired in a mid-February Houthi attack offshore Yemen remains abandoned at sea awaiting ...
Danelec and Franman Strengthen their Partnership Further to Accelerate Maritime Digitalization
Categories: News Flash
Date: Feb 29, 2024
Danelec is extending its longstanding partnership with Franman to also promote its growing digital ...
Red Sea attacks add urgency to alternate Mideast trade route: Indian Government
Categories: News Flash
Date: Feb 29, 2024
The volatile situation in the Red Sea increases the need for an alternate trade corridor to ship go...
Anglo American completes 10-strong chartered fleet of lower emission LNG dual-fuelled vessels
Categories: News Flash
Date: Feb 29, 2024
Anglo American announces delivery of the last of its 10-strong chartered fleet of Capesize+ Liquefi...
Asia Fuel Oil-Cash differentials slip further on tepid marine fuel demand
Categories: News Flash
Date: Feb 29, 2024
Cash differentials for fuel oil extended declines in Asia on Wednesday, weighed by soft marine fuel...
INTERTANKO and Veson Nautical launch modernized Q88 Questionnaire
Categories: News Flash
Date: Feb 29, 2024
INTERTANKO, the International Association of Independent Tanker Owners, and Veson Nautical (Veson),...
Russia diverts LNG supplies for Asia around Africa to avoid Red Sea, LSEG data shows
Categories: News Flash
Date: Feb 29, 2024
Russia is diverting China-bound cargoes of liquefied natural gas (LNG) on a longer route via the Ca...
Baltic index hits near 2-month high on strong vessel rates
Categories: News Flash
Date: Feb 29, 2024
The Baltic Exchange’s dry bulk sea freight index extended gains on Wednesday to hit a nearly two-...
GTT: FY 2023 Results: Revenue and EBITDA in the upper half of the guidance range
Categories: News Flash
Date: Feb 28, 2024
GTT, the technological expert in membrane containment systems used to transport and store liquefied...
US hits Iran with new sanctions targeting commanders, shipping
Categories: News Flash
Date: Feb 28, 2024
The United States targeted Iranian and Houthi commanders and a vessel that shipped more than $100 m...