News Flash
Gazprom sends first cargo via Northern Sea route from Baltic plant – data
Categories: News Flash
Date: Aug 23, 2023
Russian gas giant Gazprom GAZP.MM shipped a first cargo of liquefied natural gas (LNG) from its pla...
S. Korea’s ship export grows 11.9 pct in H1
Categories: News Flash
Date: Aug 23, 2023
South Korea’s ship export grew in double digits in the first half of this year (H1) due to rising...
India’s July oil imports slip on monsoon lull, lower Russian inflows.
Categories: News Flash
Date: Aug 23, 2023
India’s crude oil imports fell for the second straight month in July in line with lower consumpti...
Drewry: Container Port Throughput Index Up 2.4% in June
Categories: News Flash
Date: Aug 23, 2023
The Drewry Container Port Throughput Indices are a series of calendar adjusted volume growth/declin...
Container lines paid out billions in boom-time profits via dividends
Categories: News Flash
Date: Aug 23, 2023
Shipping is extremely cyclical. Booms like the one experienced by container shipping in 2021-2022 a...
Asia Fuel Oil-HSFO crack holds at 15-month highs
Categories: News Flash
Date: Aug 23, 2023
Asia’s high sulphur fuel oil (HSFO) margin held firm at 15-month highs on Tuesday amid supportive...
Baltic index extends decline as larger vessel rates fall
Categories: News Flash
Date: Aug 23, 2023
The Baltic Exchange’s main sea freight index .BADI fell for a third straight day on Tuesday, weig...
China LNG buyers expand trading after adding more US, Qatari contracts
Categories: News Flash
Date: Aug 22, 2023
China’s liquefied natural (LNG) gas importers are starting up or expanding trading desks in Londo...
Asia Fuel Oil-VLSFO dips on multiple selling interest
Categories: News Flash
Date: Aug 22, 2023
Asia’s very low sulphur fuel oil (VLSFO) softened Monday as more competitive offers emerged at th...
AirWing™ Wind Propulsion System takes significant step forward by working with Bureau Veritas
Categories: News Flash
Date: Aug 22, 2023
Bureau Veritas, a world leader in testing, inspection and certification, is working with GT Green T...
Historic drought, hot seas slow Panama Canal shipping
Categories: News Flash
Date: Aug 22, 2023
Before the Ever Max shipcarrying lava lamps, sofas, Halloween costumes and artificial Christmas tre...
Asia Distillates-Gasoil activity thin, second jet fuel deal emerges in 2 sessions
Categories: News Flash
Date: Aug 22, 2023
Asia’s gasoil markets saw thin activity at the start of the week on limited fundamental changes a...
Avance Gas declared the option of newbuilding contracts for two Medium-Sized LPG/Ammonia Carriers
Categories: News Flash
Date: Aug 22, 2023
Avance Gas Holding Ltd. has declared the option of the two mid-sized LPG/ammonia carriers (MGCs) fr...
Mitsubishi Shipbuilding Begins Demonstration Testing to Support the Market Launch of the MAmmoSS Ammonia Handling System for Ships
Categories: News Flash
Date: Aug 22, 2023
Mitsubishi Shipbuilding Co., Ltd., a part of Mitsubishi Heavy Industries (MHI) Group, is currently ...
Ukraine may use new Black Sea route for grain shipments -producers
Categories: News Flash
Date: Aug 22, 2023
Ukraine is considering using its newly-tested wartime Black Sea export corridor for grain shipments...
Baltic index down as capesize vessel rates fall
Categories: News Flash
Date: Aug 22, 2023
The Baltic Exchange’s main sea freight index fell for a second straight session on Monday, weighe...
Cargill and BAR Technologies’ WindWings sets sail, chartering a new lower-carbon path for the maritime industry
Categories: News Flash
Date: Aug 22, 2023
Cargill and BAR Technologies’ groundbreaking WindWings innovation sets sail on open waters, testi...
EU hits 90% gas storage filling target well ahead of schedule
Categories: News Flash
Date: Aug 21, 2023
The EU reached it 90% gas storage target on Aug. 16, some 11 weeks ahead of the EU-mandated Nov. 1 ...
Global LNG: Asian spot prices rise to 5-month high on Australian strikes risk
Categories: News Flash
Date: Aug 21, 2023
Asian spot liquefied natural gas (LNG) prices rose this week to the highest level in five months, a...
Asia Fuel Oil-HSFO and VLSFO markets steady on week
Categories: News Flash
Date: Aug 21, 2023
Cash differentials in Asia’s fuel oil markets were stable in thin trading this week, with HSFO pr...
Indian Govt aims to raise capacity of ports four-fold to 10K MTPA by 2047: Sonowal
Categories: News Flash
Date: Aug 21, 2023
The government has set itself a target of raising the country’s port capacity to more than 10,000...
China’s export container shipping price index down in July
Categories: News Flash
Date: Aug 21, 2023
China’s export container shipping price index dropped in July, data from the Shanghai Shipping Ex...
Shanghai launches containerized freight index futures, aiming to help firms hedge against fluctuation risks
Categories: News Flash
Date: Aug 21, 2023
Shanghai International Energy Exchange (INE) on Thursday said the Containerized Freight Index (Euro...
Globus Maritime Limited Announces Amendment to Term Loan Facility and Signs Agreements to Sell Two Vessels
Categories: News Flash
Date: Aug 21, 2023
Globus Maritime Limited announced that it has entered into, amended and restated a term loan facili...
Suez Canal plans to transport ports to regional centers for fueling ships
Categories: News Flash
Date: Aug 21, 2023
Day after day, the economic zone of the Suez Canal acquires a new dimension in achieving the added ...
Russia remains China’s top crude supplier in July despite narrower discounts
Categories: News Flash
Date: Aug 21, 2023
Russia remained China’s largest crude supplier in July, Chinese government data showed on Sunday,...
China’s July Australian coal imports hit 3-yr peak on healthy margins
Categories: News Flash
Date: Aug 21, 2023
China’s imports of Australian coal rose in July even as total coal arrivals declined, with Austra...
Baltic index scales near three-month peak on demand for smaller vessels
Categories: News Flash
Date: Aug 18, 2023
The Baltic Exchange’s main sea freight index .BADI rose to its highest level in nearly three mont...
ABB : and Samsung Engineering to collaborate on gas analyzers for Saudi Arabia’s energy industries
Categories: News Flash
Date: Aug 18, 2023
ABB has signed a framework agreement with Samsung Engineering in Saudi Arabia to collaborate in eng...
Best practices and safety considerations for nickel ore shipments
Categories: News Flash
Date: Aug 18, 2023
General The period from April to November marks the traditional typhoon season in the waters of ...
Svitzer designing world’s first methanol hybrid fuel cell tug
Categories: News Flash
Date: Aug 18, 2023
Svitzer, a leading global towage provider and part of A.P. Moller-Maersk, is today launching the se...
Clarkson : Changes to Chemical & Gasoline blending component trade flows in H2 2023
Categories: News Flash
Date: Aug 18, 2023
Amid the ongoing weakness seen across the global petrochemical sector, the comparative recovery of ...