News Flash
World Maritime Day Message Must Extend Beyond the Boundaries of Shipping, says INTERCARGO
Categories: News Flash
Date: Sep 28, 2023
Never has the theme of this year’s World Maritime Day – ‘New technologies for greener shippin...
Baltic index scales 11-month peak on strong capesize rates
Categories: News Flash
Date: Sep 28, 2023
The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk comm...
Asia Fuel Oil-Market firms with stronger bids, wider time spreads
Categories: News Flash
Date: Sep 28, 2023
Asia’s fuel oil market strengthened on Wednesday with firmer bids for spot cargoes and wider back...
Ship insurance facility set up for Ukraine grain exports says broker Miller
Categories: News Flash
Date: Sep 28, 2023
A new marine insurance facility for Ukrainian grain exports using the country’s sea corridor has ...
US thermal coal exports jump to 5-year highs on Asian demand
Categories: News Flash
Date: Sep 28, 2023
United States thermal coal exports hit their highest levels since 2018 during the first eight month...
QatarEnergy, Korea’s HHI signs $3.9 bln deal for 17 LNG carriers
Categories: News Flash
Date: Sep 28, 2023
QatarEnergy said on Wednesday it had signed a 14.2 billion riyal ($3.90 billion) deal with HD Hyund...
China may boost October fuel exports on robust margins, flight recovery
Categories: News Flash
Date: Sep 28, 2023
China’s oil products exports are set to rise in October as state-owned refiners capitalise on luc...
PPA SA: Strong performance in the first half of 2023, with a significant increase in profitability and turnover
Categories: News Flash
Date: Sep 28, 2023
In the first half of the fiscal year 2023, PPA S.A. reported a continued robust increase in profits...
Vale and Port of Açu sign agreement to develop a Mega Hub for the decarbonization of steelmaking
Categories: News Flash
Date: Sep 28, 2023
Vale informs that it signed an MOU with the Port of Açu to study the development of a Mega Hub at ...
‘Dark’ ships are faking their locations to move oil around the world — and it is likely worth billions of dollars
Categories: News Flash
Date: Sep 27, 2023
Ships are faking their locations to engage in illicit activity — and rising numbers appear to be ...
MV Ballard becomes the first KCC vessel equipped with Silverstream Technologies air lubrication system
Categories: News Flash
Date: Sep 27, 2023
Klaveness Combination Carriers (“KCC”) announces MV Ballard, the youngest vessel in the CABU fl...
Three Japanese Shipping Companies Partner to Establish Global Liquefied Hydrogen Supply Chain
Categories: News Flash
Date: Sep 27, 2023
On September 12 2023, Japan Suiso Energy, Ltd. (JSE)*, and three Japanese shipping companies, Kawas...
Cargo vessel sets off from Ukrainian Black Sea port – source
Categories: News Flash
Date: Sep 27, 2023
A cargo vessel set off from a Ukrainian Black Sea port on Tuesday after loading but remained close ...
Mideast-Asia oil shipping rates rebound, capped by OPEC+ supply cuts.
Categories: News Flash
Date: Sep 27, 2023
The cost of chartering a supertanker to load Middle Eastern crude oil for Asia has rebounded from a...
RightShip introduces PortRISK to transform port and terminal risk management
Categories: News Flash
Date: Sep 27, 2023
Built using RightShip’s unmatched maritime vessel, incident, and company database, PortRISK provi...
Baltic index scales over 9-month high on Capesize surge
Categories: News Flash
Date: Sep 27, 2023
The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk comm...
Inmarsat Maritime Safety Report Highlights Importance Of Data And Collaboration In Tackling Persistent Safety Challenges
Categories: News Flash
Date: Sep 27, 2023
The 2023 edition of The Future of Maritime Safety Report from Inmarsat Maritime, a Viasat business,...
Port Houston loaded exports up 10% year-to-date.
Categories: News Flash
Date: Sep 27, 2023
Loaded export volumes at Port Houston are up 10% year-to-date, maintaining the upward trajectory se...
Iron ore is clouded further by a weak demand outlook.
Categories: News Flash
Date: Sep 27, 2023
Iron ore futures extended declines on Tuesday, as investors booked profits ahead of upcoming holida...
OPEC+ production cuts drive up sour crude oil prices around the world.
Categories: News Flash
Date: Sep 26, 2023
Crude oil production cuts among OPEC+ members are limiting the global supply of medium, sour, and h...
Robust exports and stable domestic demand keep China’s steel production strong in 2023
Categories: News Flash
Date: Sep 26, 2023
Robust steel exports from China have emerged as a major driver supporting steel production at a tim...
Baltic index rises to over 4-month high on stronger capesize rates
Categories: News Flash
Date: Sep 26, 2023
The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk comm...
Middle East Crude-Dubai and Oman firms; EFS retains volatile swing.
Categories: News Flash
Date: Sep 26, 2023
Middle East crude benchmarks Dubai and Oman rose on Monday, with two cargo deliveries of Upper Zaku...
Asia Fuel Oil-Cash premiums steady, market eyes regional tenders
Categories: News Flash
Date: Sep 26, 2023
regional tenders for October. Cash premium for 0.5% VLSFO was pegged at $8.61 a metric ton, whil...
Russia diesel export curbs to exacerbate tight supply in Asia in Q4
Categories: News Flash
Date: Sep 26, 2023
Russia’s move to temporarily ban diesel exports to ease surging domestic fuel prices could see mo...
Drewry: Port Throughput Index Down 2.1% in July
Categories: News Flash
Date: Sep 26, 2023
The Drewry Container Port Throughput Indices are a series of calendar-adjusted volume growth/declin...
Berlin takes a closer look at the sale of MAN gas turbine division to China
Categories: News Flash
Date: Sep 26, 2023
The German government is taking a closer look at the sale of Volkswagen subsidiary MAN Energy Solut...
MOL, PETRONAS, and MISC Set the Stage for the Development of Liquefied CO2 Carriers
Categories: News Flash
Date: Sep 26, 2023
Mitsui O.S.K. Lines, Ltd. yesterday announced that MOL has principally reached an agreement with tw...
Iron ore hits 2-week low on weak demand, possible steel output curbs
Categories: News Flash
Date: Sep 26, 2023
Iron ore futures fell on Monday, as traders were worried about weaker-than-expected steel consumpti...
Sizzling rally in US energy stocks has room to run, bulls say
Categories: News Flash
Date: Sep 25, 2023
Contrarian investors were rewarded for betting on the beaten down U.S.energy sector earlier this ye...
Valenciaport warns of the diversion of traffic to non-EU ports to evade payment for emissions
Categories: News Flash
Date: Sep 25, 2023
Loss of competitiveness, reduction of transhipment business (transfer of cargo from one ship to ano...
Russia still No.1 oil source for India despite fall
Categories: News Flash
Date: Sep 25, 2023
Russia remained the top supplier of crude oil to India in July as it exported crude oil worth $3.37...