News Flash
Port of Los Angeles says cargo lost during West Coast talks is returning
Categories: News Flash
Date: Sep 18, 2023
Cargo volume at the Port of Los Angeles jumped from July to August after business lost during the n...
Asian refiners to embrace Middle Eastern sour crude regardless of price swings
Categories: News Flash
Date: Sep 18, 2023
Asian and Persian Gulf refineries will continue to depend heavily on Middle Eastern crude grades as...
Dry Bulk Market: Panamaxes Show Strong Growth Momentum
Categories: News Flash
Date: Sep 18, 2023
Capsize The week in the Cape market has shown a mix of activity in both the Pacific and Atlantic...
Congestion in Panama to support charter market
Categories: News Flash
Date: Sep 18, 2023
Continuing congestion, exacerbated by the impact of El Nino to the end of 2023, will increase voyag...
Winter LNG demand pops up from China; Japan, South Korea remain quiet
Categories: News Flash
Date: Sep 15, 2023
The Asian LNG market has started to see demand for winter popping up from China as the fourth quart...
Singapore iron ore hits near 6-mth high on low stocks, pre-holiday restocking
Categories: News Flash
Date: Sep 15, 2023
Iron ore futures rose for a fourth straight session on Thursday, helped by low inventories and pre-...
Intermanager Launches New Ship Management General Principles Of Conduct And Action
Categories: News Flash
Date: Sep 15, 2023
InterManager, the international trade association for third party and in-house ship managers, has t...
GAC Oman welcomes the world’s first liquefied hydrogen carrier
Categories: News Flash
Date: Sep 15, 2023
In a historic moment for Oman’s clean energy aspirations, the world’s first liquefied hydrogen ...
OCI Global to double its green methanol capacity in the United States
Categories: News Flash
Date: Sep 15, 2023
OCI Global (Euronext: OCI), the world’s largest producer of green methanol, has announced plans t...
EU Commission President Names Landmark Methanol Vessel “Laura Mærsk”
Categories: News Flash
Date: Sep 15, 2023
The world’s first methanol-enabled container vessel will carry the name “Laura Mærsk”, the E...
Asia Fuel Oil-VLSFO steadies; inventories at three-week highs
Categories: News Flash
Date: Sep 15, 2023
Asia’s very low sulphur fuel oil (VLSFO) market steadied on Thursday after recent declines, while...
Xeneta: Short-term rates from the Far East to USEC positioned for further gains
Categories: News Flash
Date: Sep 15, 2023
Freight forwarders looking for room to negotiate, and optimize their margins, should keep a keen ey...
Hapag-Lloyd CEO: counter offer for HHLA would not be in our interest
Categories: News Flash
Date: Sep 15, 2023
Hapag-Lloyd CEO Rolf Habben Jansen said on Thursday that it would not be in the container shipper...
Baltic index scales over 3-1/2-month high on robust demand across all segments
Categories: News Flash
Date: Sep 15, 2023
The Baltic Exchange’s main dry bulk sea freight index rose for the seventh straight session on Th...
BPA and IAPH focus on port sustainability at London International Shipping Week; IAPH joins BPA on the South Bank
Categories: News Flash
Date: Sep 14, 2023
As London is awakened to the buzz of London International Shipping Week (LISW), the voices of UK an...
Iron ore extends gains on pre-holiday restocking expectations
Categories: News Flash
Date: Sep 14, 2023
Iron ore futures climbed for a third consecutive session on Wednesday, buoyed by expectations of pr...
Ukraine increases farm exports by rail and truck as Black Sea ports blocked – brokers
Categories: News Flash
Date: Sep 14, 2023
Ukraine, which had to find different ways to export its grain since Russia quit the U.N.-brokered B...
Crowley, SEACOR to Create New, Standalone Company Through Integration of U.S. Jones Act Tank Vessel Fleets
Categories: News Flash
Date: Sep 14, 2023
Global maritime and logistics leaders Crowley and SEACOR Holdings (“SEACOR”), through its subsi...
Asia Fuel Oil-Premiums fall further as offers weigh on market
Categories: News Flash
Date: Sep 14, 2023
Fuel oil cash premiums dropped further in Asia on Wednesday as more competitive offers emerged for ...
Middle East diesel exports to Europe rebound heading into winter demand
Categories: News Flash
Date: Sep 14, 2023
Middle East diesel exports to Europe are climbing again after hitting an eight-month low in July as...
MSC offers to buy a stake in Hamburg port operator.
Categories: News Flash
Date: Sep 14, 2023
MSC, the world’s biggest container shipping company, is offering to buy almost half of the main o...
Back-to-School Temporary Rush Boosts Container Traffic, but Challenges Loom Ahead
Categories: News Flash
Date: Sep 14, 2023
China to U.S. trade route has been seeing a recent surge in Container Leasing Charges per Route as ...
RightShip launches updated GHG 2.0 Rating with the revamped methodology to drive maritime decarbonization.
Categories: News Flash
Date: Sep 14, 2023
RightShip, the leading provider of maritime data and transparency, announces the launch of its enha...
Baltic index hits over 3-month high on firm rates for larger vessels
Categories: News Flash
Date: Sep 14, 2023
The Baltic Exchange’s main dry bulk sea freight index. BADI hit its highest point in more than th...
Baltic index extends gain as Panamax rates hit a four-month peak.
Categories: News Flash
Date: Sep 13, 2023
The Baltic Exchange’s main dry bulk sea freight index extended gains to a fifth straight session ...
Methanol’s status as the top future marine fuel is in doubt due to cost, availability
Categories: News Flash
Date: Sep 13, 2023
Methanol might not become the most prevalent type of marine fuel despite its recent popularity, wit...
Asia Fuel Oil-Spot premiums steady; market eyes October tenders
Categories: News Flash
Date: Sep 13, 2023
Spot premiums for fuel oil were little changed in Asia on Tuesday, with the market eyeing tenders f...
New intelligence shows Russia’s targeting of a cargo ship.
Categories: News Flash
Date: Sep 13, 2023
Intelligence shows that the Russian military targeted a cargo ship in the Black Sea with multiple m...
MOL Chemical Tankers to Acquire Fairfield Chemical Carriers
Categories: News Flash
Date: Sep 13, 2023
Mitsui O.S.K. Lines, Ltd. yesterday announced that its fully-owned group company MOL Chemical Tanke...
South Korea’s Top 3 Shipbuilders Resolve Strike Risk
Categories: News Flash
Date: Sep 13, 2023
HD Hyundai Heavy Industries, Hanwha Ocean (formerly Daewoo Shipbuilding & Marine Engineering), ...
Airseas announces major investment in R&D centre to accelerate the development of wind technology for shipping
Categories: News Flash
Date: Sep 13, 2023
Airseas, a pioneer in wind propulsion technology for the maritime sector, has announced a major inv...
Brazil, Paraguay clash with Argentina over grains waterway tolls
Categories: News Flash
Date: Sep 13, 2023
Brazil, Paraguay, Bolivia, and Uruguay have urged Argentina to stop applying tolls for ships and ba...