News Flash
Asia Fuel Oil-Spot premiums dip; Kuwait sells HSFO from Al Zour
Categories: News Flash
Date: Dec 26, 2023
Spot fuel oil premiums eased slightly on Friday, while Kuwait’s KPC recently sold high sulphur fu...
US Gulf Coast LNG freight rates sink to multi-month lows
Categories: News Flash
Date: Dec 26, 2023
LNG freight rates out of the US Gulf Coast have fallen to their lowest levels since August as a lac...
Shipping gears up to meet a 5-10% low carbon fuel target, but will fuels be available?
Categories: News Flash
Date: Dec 22, 2023
The International Maritime Organization’s (IMO) targets for the use of zero or near-zero fuels in...
More ships to avoid the Red Sea as attacks disrupt world trade.
Categories: News Flash
Date: Dec 22, 2023
Germany’s Hapag-Lloyd and Hong Kong’s OOCL said on Thursday they would avoid the Red Sea, the l...
Russia oil price cap coalition toughens shipping rules -US Treasury Dept
Categories: News Flash
Date: Dec 22, 2023
The U.S.-led coalition imposing a price cap on seaborne Russian oil announced changes on Wednesday ...
Baltic index drops for the seventh straight session as capesize rates slip.
Categories: News Flash
Date: Dec 22, 2023
The Baltic Exchange’s dry bulk sea freight index extended declines for a seventh consecutive sess...
Shipping container price surge to reverse due to overcapacity -logistics platform.
Categories: News Flash
Date: Dec 22, 2023
Higher prices for containers used by merchant ships caused by attacks on Red Sea shipping are like...
ENGINE: Europe & Africa Bunker Fuel Availability Outlook
Categories: News Flash
Date: Dec 22, 2023
Northwest Europe Bunker fuel availability is good in the ARA hub. Lead times of 5-7 days are rec...
Wilhelmsen and MPC Capital acquire Hamburg-based ship manager Zeaborn
Categories: News Flash
Date: Dec 22, 2023
Wilhelmsen Ship Management (“Wilhelmsen”), a provider of third-party ship management services h...
Jan Caers is appointed as an expert Consultant in Marine Incident Investigations
Categories: News Flash
Date: Dec 22, 2023
As a global leader in marine incident, investigation, surveying, and consultancy, we’re proud to ...
China Now Produces More Than Half of All New Tonnage
Categories: News Flash
Date: Dec 22, 2023
This has been yet another good year for China’s shipbuilding sector, which has continued to domin...
Asia Fuel Oil-Cash premiums stable; Singapore stockpiles ease
Categories: News Flash
Date: Dec 22, 2023
Cash premiums for fuel oil were little changed in Asia trade on Thursday, while onshore stocks in S...
Japan container conglomerate ONE halts Red Sea navigation, reroutes to Cape of Good Hope
Categories: News Flash
Date: Dec 21, 2023
Japan’s container conglomerate Ocean Network Express has decided to suspend navigation away from ...
WinGD adds MITSUI E&S Tamano Factory to the Japanese engine-building network.
Categories: News Flash
Date: Dec 21, 2023
Swiss marine power company WinGD has concluded an agreement with Mitsui E&S Diesel United (MESD...
Shipnext and FONASBA partner to raise standards in online shipping.
Categories: News Flash
Date: Dec 21, 2023
Leading online cargo platform Shipnext and The Federation of National Associations of Ship Brokers...
Maritime disruptions in the Suez Canal and the Red Sea are expected to affect 10% of world trade and will increase general transport fares.
Categories: News Flash
Date: Dec 21, 2023
Attacks on container ships in the Red Sea and Suez Canal have caused major shipping lines worldwide...
China’s first domestically built cruise ship sets sail with a suite of Wärtsilä solutions.
Categories: News Flash
Date: Dec 21, 2023
Wärtsilä ANCS, part of technology group Wärtsilä, has delivered to the Adora Magic City, China...
ABS Signs Milestone MOU with Indian Innovators to Drive Global Hub for Green Shipbuilding
Categories: News Flash
Date: Dec 21, 2023
ABS joined Garden Reach Shipbuilders and Engineers (GRSE) Ltd., Seatech Solutions International (Se...
Baltic index falls for a sixth straight session on softer capesize rates.
Categories: News Flash
Date: Dec 21, 2023
The Baltic Exchange’s dry bulk sea freight index dropped on Wednesday for the sixth straight sess...
Ctg vessel owners launch new shipping cell.
Categories: News Flash
Date: Dec 21, 2023
The Inland Vessel Owners Association of Chittagong yesterday launched a new shipping cell to transp...
Greece advises vessels to avoid Yemeni waters after Red Sea attacks
Categories: News Flash
Date: Dec 21, 2023
Greece has advised commercial vessels sailing in the Red Sea and the Gulf of Aden to avoid Yemeni w...
Asia Fuel Oil-Spot market fluctuates in single-digit premiums
Categories: News Flash
Date: Dec 21, 2023
Asia’s spot market for key fuel oil grades held rangebound in single-digit premiums on Wednesday,...
New training course for freight industry newcomers
Categories: News Flash
Date: Dec 20, 2023
January 2024 will see the British International Freight Association (BIFA) add a new training cours...
Baltic index sinks on low cargo demand, risks persist in Red Sea
Categories: News Flash
Date: Dec 20, 2023
The Baltic Exchange’s dry bulk sea freight index dropped on Tuesday for the fifth straight sessio...
Vitol completes inaugural biofuel delivery in the UAE
Categories: News Flash
Date: Dec 20, 2023
Vitol has successfully completed its first biofuel deliveries in Fujairah, demonstrating its ongoin...
IMO: SG statement on attacks against international shipping in Red Sea area
Categories: News Flash
Date: Dec 20, 2023
The IMO Secretary-General Kitack Lim has issued a further statement on attacks against internationa...
Aurora Expeditions And Eyesea To Measure Pollution In The World’s Most Remote Location
Categories: News Flash
Date: Dec 20, 2023
Aurora Expeditions, a leading expedition cruise company renowned for its voyages to the world’s m...
TORM plc capital increase in connection with delivery of one 2016-built MR vessel
Categories: News Flash
Date: Dec 20, 2023
With reference to Company Announcement no. 23 dated 09 November 2023 regarding TORM plc Q3 2023 res...
WSC thanks coalition for action to protect seafarers and trade in the Red Sea region
Categories: News Flash
Date: Dec 20, 2023
The World Shipping Council today expressed its thanks to the member nations of the Operation Prospe...
Crowley Vessels and Crews Recognized for Environmental Achievement
Categories: News Flash
Date: Dec 20, 2023
The Chamber of Shipping of America (CSA) recognized 85 Crowley vessels and their crews for a cumula...
SGS releases details of Advanced Cargo Information services for African imports and exports
Categories: News Flash
Date: Dec 20, 2023
SGS, the world’s leading testing, inspection and certification company, is pleased to announce de...
Asia Fuel Oil-Cash premiums, refining cracks edge higher.
Categories: News Flash
Date: Dec 20, 2023
Asia price benchmarks for both very low sulphur fuel oil (VLSFO) and high sulphur fuel oil (HSFO) f...