News Flash
China’s June Australian coal imports ease but demand remains strong
Categories: News Flash
Date: Jul 21, 2023
China’s coal imports from Australia eased in June from May’s 33-month-high but remained support...
Sinopec’s natural gas output up 7.2% in H1, crude, petrochemical output lags
Categories: News Flash
Date: Jul 21, 2023
Chinese state-owned energy giant Sinopec’s 0386.HK600028.SS natural gas production in the first h...
Baltic index down for 5th day on weaker capesize, panamax demand
Categories: News Flash
Date: Jul 21, 2023
The Baltic Exchange’s main sea freight index tracking rates for ships carrying dry bulk commoditi...
Asia Fuel Oil-VLSFO cash differential at more than two-year lows
Categories: News Flash
Date: Jul 20, 2023
The cash differential for very-low sulphur fuel oil (VLSFO) slipped to more than two-year lows in A...
Carbon Sink LLC, Rose Cay Maritime Forge Strategic Alliance for Advanced Low-Carbon Maritime Fuel Logistics
Categories: News Flash
Date: Jul 20, 2023
Carbon Sink LLC, a pioneering green methanol manufacturer, and Rose Cay Maritime, LLC (RCM), an inn...
Methanol Retrofit Solutions to be Developed for Medium-Speed Marine Engines
Categories: News Flash
Date: Jul 20, 2023
MAN Energy Solutions has announced that it will begin developing retrofit solutions for medium-spee...
India’s Russian oil imports hit new high in June, but growth slows – trade
Categories: News Flash
Date: Jul 20, 2023
India’s imports of Russian oil edged up to an all-time high in June, though growing at the slowes...
Rio Tinto second-quarter iron ore shipments fall 1%
Categories: News Flash
Date: Jul 20, 2023
Rio Tinto reported a 1% drop in second-quarter iron ore shipments on Wednesday as a train derailmen...
Dalian coking coal climbs on China mine suspensions; iron ore dips
Categories: News Flash
Date: Jul 20, 2023
Dalian coking coal futures climbed to their highest in nearly three months on Wednesday as mining s...
Ukraine accuses Russia of deliberately striking Odesa port, grain terminals
Categories: News Flash
Date: Jul 20, 2023
Ukraine accused Russia on Wednesday of intentionally striking grain terminals and infrastructure in...
Moscow on grain deal: We can restart talks if UN meets Russian needs within three months
Categories: News Flash
Date: Jul 20, 2023
Russia said on Wednesday the United Nations had three months to implement the terms of a memorandum...
‘Whipsaw effect’ on demand and investment will result in consolidation and bankruptcies across freight markets, says leading analyst
Categories: News Flash
Date: Jul 20, 2023
Heavy investment at the height of the pandemic has created excess capacity across freight markets a...
Baltic index extends losses as demand for larger vessels wane
Categories: News Flash
Date: Jul 20, 2023
The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodit...
FUTURESHIPS: An Innovative Independent Ship Brokerage Firm Launching in Hong Kong and London to Address the Changing Shipping Industry
Categories: News Flash
Date: Jul 19, 2023
In response to developments in regulatory frameworks, digitization, safety standards, and societal ...
Ship arrested to force the owner to settle unpaid debts.
Categories: News Flash
Date: Jul 19, 2023
The International Transport Intermediaries Club (ITIC) – a mutual insurer that provides professio...
Panama Achieves The General Secretariat Of The International Maritime Organization (IMO)
Categories: News Flash
Date: Jul 19, 2023
Today Panama obtained the necessary votes for the General Secretariat of the International Maritime...
W. Africa Crude-Angola to ship 31 cargoes in Sep; Forcados still suspended.
Categories: News Flash
Date: Jul 19, 2023
Angola is expected to offer 31 cargoes in September, the lowest number planned in five months, acco...
Asia Fuel Oil-VLSFO slides into deeper discount.
Categories: News Flash
Date: Jul 19, 2023
Asia’s cash differential for very-low sulfur fuel oil (VLSFO) slumped into a deeper discount to S...
US shale oil/natgas output set to fall for the first time since Dec. -EIA
Categories: News Flash
Date: Jul 19, 2023
U.S. shale oil and natural gas production will fall in August for the first time since December, th...
India needs to grow at 7.6% a year for 25 years to be a developed nation -cenbank bulletin.
Categories: News Flash
Date: Jul 19, 2023
India will need to grow at a rate of 7.6% annually for the next 25 years to become a developed nati...
Insurers reviewing Black Sea ship cover after Russia suspension – sources.
Categories: News Flash
Date: Jul 19, 2023
Insurers are reviewing whether to freeze cover for any ships willing to sail to Ukraine after Russi...
Morgan Stanley’s profit drops 14% as the deal drought persists.
Categories: News Flash
Date: Jul 19, 2023
Morgan Stanley’s profit beat estimates as growth in its wealth management business offset lower t...
The Baltic index extends its decline on weak demand for larger vessels.
Categories: News Flash
Date: Jul 19, 2023
The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodit...
Samsung Heavy Industries celebrates winning a 3.9 trillion KRW shipbuilding contract
Categories: News Flash
Date: Jul 18, 2023
Samsung Heavy Industries has signed a large-scale eco-friendly shipbuilding contract worth nearly K...
Russia’s seaborne oil product exports rose in June -sources and Reuters calculations
Categories: News Flash
Date: Jul 18, 2023
Russia’s seaborne oil product exports in June rose by 1.2% month on month to 9.824 million metric...
Rain raises Rhine river levels in Germany; north still too shallow
Categories: News Flash
Date: Jul 18, 2023
Water levels on the river Rhine in Germany have risen sharply after heavy rain in southern regions ...
World Fuel Services completes first LNG bunkering in China for Hapag-Lloyd
Categories: News Flash
Date: Jul 18, 2023
World Fuel Services Corporation has completed a milestone LNG bunkering operation for the refueling...
‘ME-GA-opti’ Optimises Combustion Onboard LNG Carrier Newbuilding
Categories: News Flash
Date: Jul 18, 2023
The first LNG carrier in a series currently under construction by Samsung Heavy Industries (SHI) in...
New Unified Container Inspection & Repair Criteria address contaminating pests
Categories: News Flash
Date: Jul 18, 2023
The international supply chain is probably one of the most complex networks man has created, carryi...
RightShip and Port of London Authority partner to support maritime decarbonization
Categories: News Flash
Date: Jul 18, 2023
RightShip, a leading ESG-focused digital maritime platform, has today announced a partnership to co...
Baltic index slips on weaker vessel demand
Categories: News Flash
Date: Jul 18, 2023
The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodit...
Algeria tenders to buy up to 240,000 metric tons corn – traders
Categories: News Flash
Date: Jul 18, 2023
Algerian state agency ONAB has issued an international tender to purchase up to 240,000 metric tons...