News Flash
China’s iron ore imports to rise in 2023 for first time in 3 years -analysts
Categories: News Flash
Date: Jul 18, 2023
China’s iron ore imports are set to rise in 2023 for the first time in three years, say analysts,...
Last ship leaves Ukraine port ahead of Black Sea grain deal deadline
Categories: News Flash
Date: Jul 17, 2023
The last ship to travel under a U.N.-brokered deal that allows the safe Black Sea export of Ukraini...
Reed Smith: Approved Ammonia-Fueled Containership – Benefits and Risks
Categories: News Flash
Date: Jul 17, 2023
Following the news in Offshore Energy that Korea Maritime Consultants has secured approval in princ...
US natgas prices hold near a 3-week low on a rise in output, and low LNG feed gas.
Categories: News Flash
Date: Jul 17, 2023
U.S. natural gas futures held near a three-week low on Friday on forecasts for less hot weather in ...
OPEC+ monitoring committee to meet Aug 3 to review oil output cuts: delegates.
Categories: News Flash
Date: Jul 17, 2023
The OPEC+ alliance’s key monitoring committee will convene virtually on Aug. 3 to assess the impa...
China wheat output falls 0.9% after rain damage ahead of harvest.
Categories: News Flash
Date: Jul 17, 2023
China’s summer wheat output fell 0.9% this year, official data showed on Saturday, the first decl...
Saudi Ports post a 6.79% growth in June container volumes.
Categories: News Flash
Date: Jul 17, 2023
The Saudi Ports Authority (Mawani) has recorded a 6.79% year-on-year uptick in container numbers ac...
GLOBAL LNG-Asia spot LNG prices slip on muted demand, high EU stocks.
Categories: News Flash
Date: Jul 17, 2023
Asian spot liquefied natural gas (LNG) prices fell this week, as muted demand in Northeast Asia and...
Investments in LNG are ‘ever more necessary’ as imports rise – importer group.
Categories: News Flash
Date: Jul 17, 2023
Global LNG imports rose last year as Europe’s scramble to replace Russian pipeline gas pushed its...
China’s GDI plays an essential role in global economic development, says an expert.
Categories: News Flash
Date: Jul 17, 2023
China’s proposed Global Development Initiative (GDI), which reflects all of China’s experiences...
Weak Global Economy, High Inflation, and Rising Fragmentation Demand Strong G20 Action
Categories: News Flash
Date: Jul 17, 2023
When the G20 finance ministers and central bank governors meet in Gandhinagar next week, the world ...
Secondhand LNG carrier prices hit a record high; prospects rosy.
Categories: News Flash
Date: Jul 14, 2023
Due to stricter environmental restrictions and rising demand from European nations looking to repla...
ECB policymakers are open to further rate hikes past July.
Categories: News Flash
Date: Jul 14, 2023
According to an account released on Thursday, ECB policymakers acknowledged at their most recent me...
Eurozone industrial production confirms no strong GDP bounce back for 2Q.
Categories: News Flash
Date: Jul 14, 2023
After declining in March, industrial production increased by 0.2% in May, marking the second consec...
UN reaches out to Russia with proposals to extend Black Sea grain deal beyond July 17
Categories: News Flash
Date: Jul 14, 2023
To extend the Black Sea grain deal past July 17, UN Secretary-General Antonio Guterres contacted Ru...
Europe’s shipping emissions up to three years high – Transport & Environment
Categories: News Flash
Date: Jul 14, 2023
According to research by New Transport & Environment (T&E), last year saw a 3% increase in ...
Baltic index up for the fifth day on firm demand across vessels
Categories: News Flash
Date: Jul 14, 2023
The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodit...
China’s June crude imports soar 45.3% on the previous year.
Categories: News Flash
Date: Jul 14, 2023
According to customs data released on Thursday, China's imports of crude oil increased 45.3% year o...
Retail spot rates from China to North Europe closely mirror the anemic market.
Categories: News Flash
Date: Jul 14, 2023
Since peaking in Q1 2022, Europe's economy has been performing poorly, and the continent's outlook ...
Iron ore rallies for a third day on strong China trade data, credit growth.
Categories: News Flash
Date: Jul 14, 2023
Despite a bleak economic outlook and geopolitical concerns, iron ore futures rose for a third strai...
Port of Los Angeles June cargo volume strongest in a year.
Categories: News Flash
Date: Jul 14, 2023
In June, the Port of Los Angeles transported 833,035 Twenty-Foot Equivalent Units (TEUs), which was...
China’s export slide to steepen in June, imports seen down
Categories: News Flash
Date: Jul 13, 2023
China’s export slump is expected to have accelerated in June, as sluggish overseas economies stru...
Global public debt hits record $92 trillion – UN report
Categories: News Flash
Date: Jul 13, 2023
Global public debt surged to a record $92 trillion in 2022 as governments borrowed to counter crise...
US natgas output, demand to hit record highs in 2023
Categories: News Flash
Date: Jul 13, 2023
U.S. natural gas production and demand will rise to record highs in 2023, the U.S. Energy Informati...
In the Most Turbulent Year of Gas Markets History, LNG demonstrated essential value as a flexible, reliable, available energy resource for a secure energy transition
Categories: News Flash
Date: Jul 13, 2023
The International Gas Union (IGU) is releasing its 14th annual World LNG Report, the world’s most...
Iron ore extends gains on China property stimulus hopes
Categories: News Flash
Date: Jul 13, 2023
Iron ore futures strengthened for a second straight session on Wednesday, lifted by hopes of more s...
Union of Greek Shipowners: Historic agreement achieved at the IMO MEPC 80
Categories: News Flash
Date: Jul 13, 2023
The Union of Greek Shipowners welcomes the 2023 IMO Greenhouse Gas (GHG) Strategy on reduction of G...
Ship carrying US crude oil diverts to Spain after 10-day pause
Categories: News Flash
Date: Jul 13, 2023
A tanker carrying U.S. light sweet crude oil to the United Kingdom paused for 10 days in the Atlant...
Canada nears deal to end port strike, labour minister says
Categories: News Flash
Date: Jul 13, 2023
A bargaining agreement will soon be within reach to end a dispute between striking Canadian dock wo...
METALS-China credit data, lower dollar sustain copper prices
Categories: News Flash
Date: Jul 13, 2023
Copper prices were supported by stronger credit data from top consumer China and a lower dollar on ...
Higher rates across vessel segments prop up Baltic dry bulk index
Categories: News Flash
Date: Jul 13, 2023
The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodit...
Crude oil and natural gas proved reserves held by public companies fell slightly in 2022
Categories: News Flash
Date: Jul 12, 2023
International proved crude oil and natural gas reserves held by 187 publicly traded global explorat...