News Flash

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KPI OceanConnect and Uni-Tankers collaborate on successful biofuel trial

Categories: News Flash

Date: Sep 20, 2023

Uni-Tankers, a leading tanker shipping company, and KPI OceanConnect, a leading global marine energ...

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Asia Fuel Oil-HSFO margin slides to five-month lows

Categories: News Flash

Date: Sep 20, 2023

Asia’s refining margin for 380-cst high sulphur fuel oil (HSFO) slipped to five-month lows on Tue...

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Vopak reaches agreement with Infracapital on the sale of its chemical terminals in Rotterdam

Categories: News Flash

Date: Sep 20, 2023

Vopak announces that it has reached an agreement with Infracapital on the sale of its three chemica...

Iron ore extends decline on higher domestic supply, demand concerns

Categories: News Flash

Date: Sep 20, 2023

Iron ore futures extended declines on Tuesday as mounting domestic supply and persistent demand con...

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CMA CGM and Maersk join forces to accelerate the decarbonization of the shipping industry

Categories: News Flash

Date: Sep 20, 2023

A.P. Moller – Maersk A/S and CMA CGM have decided to join forces on several areas relating to dec...

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Europe’s shipping emissions back to pre-pandemic high

Categories: News Flash

Date: Sep 20, 2023

European shipping emissions reached an all time high last year, new Transport & Environment (T&...

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Danish Shipping: EU needs to invest in green fuels

Categories: News Flash

Date: Sep 20, 2023

Torben Carlsen, CEO of DFDS and chairman of Danish Shipping participates in the European Shipping S...

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Baltic index logs best day in almost two months on capesize demand

Categories: News Flash

Date: Sep 20, 2023

The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk comm...

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Republic of the Marshall Islands to Flag Two First-ever 22,000 Cubic Meters Liquid Carbon Dioxide Carrier Newbuilds

Categories: News Flash

Date: Sep 18, 2023

The Republic of the Marshall Islands (RMI) will flag the first-ever state-of-the-art 22,000 cubic m...

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What the Panama Canal Drought Tells Us About the Fragility of Global Trade

Categories: News Flash

Date: Sep 18, 2023

The Panama Canal, one of the largest waterways in the world, is the main artery of global trade. Lo...

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The importance of sampling liquid cargoes

Categories: News Flash

Date: Sep 18, 2023

Taking proper samples of liquid cargoes is vital to protect shipowners’ interests when allegation...

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Korea’s STX denies rumor that it is backed by Chinese fund

Categories: News Flash

Date: Sep 18, 2023

South Korean general trading company STX Corp. has said its largest shareholder is a local investme...

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ENGINE bunker platform launches ENGINE X to tackle increased bunker complexity

Categories: News Flash

Date: Sep 18, 2023

Five years after launching one of the industry’s leading bunker information and news platforms, ...

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Greek PM pledges state reforms, disaster relief within fiscal limits

Categories: News Flash

Date: Sep 18, 2023

Greece will push ahead with state reforms to boost economic growth and offer relief measures to tho...

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Port of Los Angeles says cargo lost during West Coast talks is returning

Categories: News Flash

Date: Sep 18, 2023

Cargo volume at the Port of Los Angeles jumped from July to August after business lost during the n...

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Asian refiners to embrace Middle Eastern sour crude regardless of price swings

Categories: News Flash

Date: Sep 18, 2023

Asian and Persian Gulf refineries will continue to depend heavily on Middle Eastern crude grades as...

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Dry Bulk Market: Panamaxes Show Strong Growth Momentum

Categories: News Flash

Date: Sep 18, 2023

Capsize The week in the Cape market has shown a mix of activity in both the Pacific and Atlantic...

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Congestion in Panama to support charter market

Categories: News Flash

Date: Sep 18, 2023

Continuing congestion, exacerbated by the impact of El Nino to the end of 2023, will increase voyag...

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Winter LNG demand pops up from China; Japan, South Korea remain quiet

Categories: News Flash

Date: Sep 15, 2023

The Asian LNG market has started to see demand for winter popping up from China as the fourth quart...

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Singapore iron ore hits near 6-mth high on low stocks, pre-holiday restocking

Categories: News Flash

Date: Sep 15, 2023

Iron ore futures rose for a fourth straight session on Thursday, helped by low inventories and pre...

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Intermanager Launches New Ship Management General Principles Of Conduct And Action

Categories: News Flash

Date: Sep 15, 2023

InterManager, the international trade association for third party and in-house ship managers, has t...

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GAC Oman welcomes the world’s first liquefied hydrogen carrier

Categories: News Flash

Date: Sep 15, 2023

In a historic moment for Oman’s clean energy aspirations, the world’s first liquefied hydrogen ...

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OCI Global to double its green methanol capacity in the United States

Categories: News Flash

Date: Sep 15, 2023

OCI Global (Euronext: OCI), the world’s largest producer of green methanol, has announced plans t...

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EU Commission President Names Landmark Methanol Vessel “Laura Mærsk”

Categories: News Flash

Date: Sep 15, 2023

The world’s first methanol-enabled container vessel will carry the name “Laura Mærsk”, the E...

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Asia Fuel Oil-VLSFO steadies; inventories at three-week highs

Categories: News Flash

Date: Sep 15, 2023

Asia’s very low sulphur fuel oil (VLSFO) market steadied on Thursday after recent declines, while...

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Xeneta: Short-term rates from the Far East to USEC positioned for further gains

Categories: News Flash

Date: Sep 15, 2023

Freight forwarders looking for room to negotiate, and optimize their margins, should keep a keen ey...

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Hapag-Lloyd CEO: counter offer for HHLA would not be in our interest

Categories: News Flash

Date: Sep 15, 2023

Hapag-Lloyd CEO Rolf Habben Jansen said on Thursday that it would not be in the container shipper...

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Baltic index scales over 3-1/2-month high on robust demand across all segments

Categories: News Flash

Date: Sep 15, 2023

The Baltic Exchange’s main dry bulk sea freight index rose for the seventh straight session on Th...

BPA and IAPH focus on port sustainability at London International Shipping Week; IAPH joins BPA on the South Bank

Categories: News Flash

Date: Sep 14, 2023

As London is awakened to the buzz of London International Shipping Week (LISW), the voices of UK an...

Iron ore extends gains on pre-holiday restocking expectations

Categories: News Flash

Date: Sep 14, 2023

Iron ore futures climbed for a third consecutive session on Wednesday, buoyed by expectations of pr...

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Ukraine increases farm exports by rail and truck as Black Sea ports blocked – brokers

Categories: News Flash

Date: Sep 14, 2023

Ukraine, which had to find different ways to export its grain since Russia quit the U.N.-brokered B...

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Crowley, SEACOR to Create New, Standalone Company Through Integration of U.S. Jones Act Tank Vessel Fleets

Categories: News Flash

Date: Sep 14, 2023

Global maritime and logistics leaders Crowley and SEACOR Holdings (“SEACOR”), through its subsi...