News Flash
Container xChange Update on Impact of Severe Flooding and Typhoon Threat in China
Categories: News Flash
Date: Aug 03, 2023
Container xChange is closely monitoring the severe flooding caused by torrential rains and the remn...
Seanergy Maritime Holdings Corp. Expects to Benefit From “The Best Dry Bulk Market Fundamentals of the Past Three Decades”
Categories: News Flash
Date: Aug 03, 2023
Seanergy Maritime Holdings Corp., announced yesterday its financial results for the second quarter ...
Asia Fuel Oil-cst cash differential hits 16-month high
Categories: News Flash
Date: Aug 03, 2023
Asia’s cash differential for 380-cst high sulphur fuel oil (HSFO) spiked to a 16-month high on We...
Iraq exports over 106 mln barrels of crude oil in July
Categories: News Flash
Date: Aug 03, 2023
Iraq exported about 106.75 million barrels of crude oil in July, generating 8.29 billion U.S. dolla...
Russia could be ready for Black Sea grain deal talks, but no evidence yet -US
Categories: News Flash
Date: Aug 03, 2023
The United States has been told that Russia is prepared to return to talks on a deal that had allow...
Oil exports from Russia’s Baltic ports set to decline 11% for Aug 1-10 – traders
Categories: News Flash
Date: Aug 03, 2023
Oil exports from Russia’s Baltic ports, Primorsk and Ust-Luga, were set at 1.6 million tonnes for...
HD Hyundai Cements No. 1 Position in Marine Engine Market
Categories: News Flash
Date: Aug 03, 2023
HD Hyundai, which has an unrivaled presence in the world marine engine market, has further strength...
Phillips 66 joins rival refiners with sharp quarterly profit drop
Categories: News Flash
Date: Aug 03, 2023
Phillips 66 (NYSE:PSX) reported a sharp fall in second-quarter profit on Wednesday, the latest U.S....
Baltic index snaps 5-day winning streak as capesize rates slip
Categories: News Flash
Date: Aug 03, 2023
The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodit...
Diana Shipping Inc. Reports Second Quarter Net Income of $10.4 Million
Categories: News Flash
Date: Aug 02, 2023
Diana Shipping Inc., a global shipping company specializing in the ownership and bareboat charter-i...
Greek July factory activity expands as output, new orders grow -PMI
Categories: News Flash
Date: Aug 02, 2023
Greek factory activity expanded in July for the sixth month in a row, as output and new orders grew...
China pledges financing support for small firms amid weak economic recovery
Categories: News Flash
Date: Aug 02, 2023
Chinese ministries, regulators and the central bank on Tuesday pledged more financing support to sm...
U.S. crude, products supplied rise in May to highest since August 2019 -EIA
Categories: News Flash
Date: Aug 02, 2023
U.S. product supplied of crude and petroleum products, a proxy for demand, rose to 20.78 million ba...
Iron ore end mixed on China’s stimulus hopes, oversupply concerns
Categories: News Flash
Date: Aug 02, 2023
Dalian iron ore futures edged up slightly on Tuesday, while Singapore iron ore futures fell with th...
Ocean Yield Announces Investment in four product tankers with inaugural sustainability-linked lease
Categories: News Flash
Date: Aug 02, 2023
Ocean Yield AS is pleased to announce that it has agreed to purchase four LR1 product tankers, to b...
Hanwha Ocean wins $259.9 mln LNG tanker contract from Asian client
Categories: News Flash
Date: Aug 02, 2023
South Korean major shipbuilder Hanwha Ocean, formerly known as Daewoo Shipbuilding & Marine Eng...
Russia says thwarts Ukrainian attacks on navy and civilian ships in Black Sea
Categories: News Flash
Date: Aug 02, 2023
Russia’s defence ministry said on Tuesday it had thwarted attacks by Ukrainiansea drones onits na...
Asia Fuel Oil-HSFO jumps on strong bids, but headwinds loom
Categories: News Flash
Date: Aug 02, 2023
Asia’s cash differential for high sulphur fuel oil (HSFO) jumped sharply on Tuesday as strong bid...
Baltic index climbs to over 1-month high on demand for larger vessels
Categories: News Flash
Date: Aug 02, 2023
The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodit...
Signing Contracts for US$49.3M, PIS (Pertamina) Now Sails across 26 International Routes
Categories: News Flash
Date: Aug 01, 2023
PT Pertamina International Shipping (PIS), through its branch office in Dubai, PIS Middle East (PIS...
Carrier reliance on leased container fleet to support higher per diems and cash returns
Categories: News Flash
Date: Aug 01, 2023
Drewry expects the global pool of container equipment to contract by 2% in 2023 as trade growth rem...
Tankers: Crude Flows Constantly Shifting
Categories: News Flash
Date: Aug 01, 2023
seaborne crude oil flows keep on changing, with China having recently emerged as major buyer of US ...
Drewry: Port Equity Index Down 0.9%, Despite Stock Market Boom
Categories: News Flash
Date: Aug 01, 2023
The ongoing rally in the broader S&P is fuelled by the bullish bets placed on the technology st...
Asia Fuel Oil-HSFO margins close at more than one-year highs
Categories: News Flash
Date: Aug 01, 2023
Refining margins for high sulphur fuel oil (HSFO) closed the final trading day of the month at more...
Iron ore inches higher on fresh China support
Categories: News Flash
Date: Aug 01, 2023
Iron ore futures edged up on Monday after Chinese authorities announced measures to increase consum...
Canada’s dock workers, employers reach tentative labour deal
Categories: News Flash
Date: Aug 01, 2023
West coast dock workers in Canada and their employers’ association reached a settlement agreement...
Ukraine and Croatia agree on use of Croatian ports for grain exports
Categories: News Flash
Date: Aug 01, 2023
Ukraine and Croatia have agreed on the possibility of using Croatian ports on the Danube and the Ad...
Rhine river levels in Germany close to normal after rain
Categories: News Flash
Date: Aug 01, 2023
Repeated rainfall has raised water levels on the river Rhine in Germany, with much of it back or cl...
Baltic index rises, logs second straight monthly gain
Categories: News Flash
Date: Aug 01, 2023
The Baltic Exchange’s main sea freight index gained on Monday, posting its second straight monthl...
Longshoremen’s union can sue shipping association over port jobs -4th Circ
Categories: News Flash
Date: Jul 31, 2023
A union representing longshoremen was within its rights to sue an association of shipping companies...
OCI Global and X-Press Feeders sign green methanol offtake agreement, decarbonizing a key link in the global shipping chain
Categories: News Flash
Date: Jul 31, 2023
OCI Global (Euronext: OCI) and X-Press Feeders have announced that OCI Hyfuels will supply XPress F...
Platts Forties Sulfur de-escalator at 3-year low on firm sour crude, fuel oil
Categories: News Flash
Date: Jul 31, 2023
Platts Forties sulfur de-escalator was assessed July 25 at its lowest value since June 2022, as rec...