News Flash
Asia Fuel Oil-Premiums fall further as offers weigh on market
Categories: News Flash
Date: Sep 14, 2023
Fuel oil cash premiums dropped further in Asia on Wednesday as more competitive offers emerged for ...
Middle East diesel exports to Europe rebound heading into winter demand
Categories: News Flash
Date: Sep 14, 2023
Middle East diesel exports to Europe are climbing again after hitting an eight-month low in July as...
MSC offers to buy a stake in Hamburg port operator.
Categories: News Flash
Date: Sep 14, 2023
MSC, the world’s biggest container shipping company, is offering to buy almost half of the main o...
Back-to-School Temporary Rush Boosts Container Traffic, but Challenges Loom Ahead
Categories: News Flash
Date: Sep 14, 2023
China to U.S. trade route has been seeing a recent surge in Container Leasing Charges per Route as ...
RightShip launches updated GHG 2.0 Rating with the revamped methodology to drive maritime decarbonization.
Categories: News Flash
Date: Sep 14, 2023
RightShip, the leading provider of maritime data and transparency, announces the launch of its enha...
Baltic index hits over 3-month high on firm rates for larger vessels
Categories: News Flash
Date: Sep 14, 2023
The Baltic Exchange’s main dry bulk sea freight index. BADI hit its highest point in more than th...
Baltic index extends gain as Panamax rates hit a four-month peak.
Categories: News Flash
Date: Sep 13, 2023
The Baltic Exchange’s main dry bulk sea freight index extended gains to a fifth straight session ...
Methanol’s status as the top future marine fuel is in doubt due to cost, availability
Categories: News Flash
Date: Sep 13, 2023
Methanol might not become the most prevalent type of marine fuel despite its recent popularity, wit...
Asia Fuel Oil-Spot premiums steady; market eyes October tenders
Categories: News Flash
Date: Sep 13, 2023
Spot premiums for fuel oil were little changed in Asia on Tuesday, with the market eyeing tenders f...
New intelligence shows Russia’s targeting of a cargo ship.
Categories: News Flash
Date: Sep 13, 2023
Intelligence shows that the Russian military targeted a cargo ship in the Black Sea with multiple m...
MOL Chemical Tankers to Acquire Fairfield Chemical Carriers
Categories: News Flash
Date: Sep 13, 2023
Mitsui O.S.K. Lines, Ltd. yesterday announced that its fully-owned group company MOL Chemical Tanke...
South Korea’s Top 3 Shipbuilders Resolve Strike Risk
Categories: News Flash
Date: Sep 13, 2023
HD Hyundai Heavy Industries, Hanwha Ocean (formerly Daewoo Shipbuilding & Marine Engineering), ...
Airseas announces major investment in R&D centre to accelerate the development of wind technology for shipping
Categories: News Flash
Date: Sep 13, 2023
Airseas, a pioneer in wind propulsion technology for the maritime sector, has announced a major inv...
Brazil, Paraguay clash with Argentina over grains waterway tolls
Categories: News Flash
Date: Sep 13, 2023
Brazil, Paraguay, Bolivia, and Uruguay have urged Argentina to stop applying tolls for ships and ba...
China’s Unipec issues buy-tender for up to 25 LNG cargoes from Oct 2023-Dec 2024
Categories: News Flash
Date: Sep 13, 2023
Unipec, a trading arm of Chinese national oil company Sinopec, has issued a tender to buy up to 25 ...
Shipping must improve forecasting and not allow ‘uncertainty to delay action
Categories: News Flash
Date: Sep 13, 2023
The maritime industry must improve its forecasting to prepare for a range of possible futures, acco...
Marine Biofuel supplied to the Capesize Bulker at Hong Kong
Categories: News Flash
Date: Sep 11, 2023
Kawasaki Kisen Kaisha, Ltd. (“K” LINE) is pleased to announce that marine biofuel was supplied ...
Greece, China boost cooperation on shipping finance
Categories: News Flash
Date: Sep 11, 2023
Cooperation between Greece and China on shipping finance is set to receive a boost, after a confere...
Global container freight still stalled
Categories: News Flash
Date: Sep 11, 2023
Global industrial production and containerised freight flows remained in the doldrums at the start ...
Shipping could face shortage of carbon-neutral fuel by 2030, DNV says
Categories: News Flash
Date: Sep 11, 2023
An expected shortfall in the availability of carbon-neutral fuel means the shipping industry should...
US, India, Saudi, EU unveil rail, ports deal on G20 sidelines
Categories: News Flash
Date: Sep 11, 2023
Global leaders announced a multinational rail and ports deal linking the Middle East and South Asia...
LNG suppliers pin hopes on China for long-term demand
Categories: News Flash
Date: Sep 11, 2023
Suppliers of liquefied natural gas (LNG) are betting on China to drive demand for the super-chilled...
Top global ports may be unusable by 2050 without more climate action – report
Categories: News Flash
Date: Sep 11, 2023
Some of the world’s largest ports may be unusable by 2050 as rising sea levels hit operations, an...
Russian Urals STS shipments slump 85% from their Q1 peak: Vortexa
Categories: News Flash
Date: Sep 11, 2023
Ship-to-ship transfers of Russia’s Urals crude oil grade in August were about 85% lower than thei...
Romania upgrades Black Sea port infrastructure to bring in more Ukrainian grain
Categories: News Flash
Date: Sep 11, 2023
Romania’s government will approve on Friday a plan to upgrade road infrastructure in the Black Se...
Russia ships first oil cargo to Brazil as it seeks to diversify buyers
Categories: News Flash
Date: Sep 11, 2023
Russia is shipping its first crude oil cargo to Brazil, as it seeks to diversify its list of buyers...
South Korea’s FLC bought about 57,000 metric tons feed wheat – traders
Categories: News Flash
Date: Sep 08, 2023
South Korea’s Feed Leaders Committee (FLC) has purchased around 57,000 tonnes of animal feed whea...
China’s trade slump narrows as stabilisation signs emerge
Categories: News Flash
Date: Sep 08, 2023
China’s exports and imports extended declines in August as the twin pressures of sagging overseas...
Greek PM postpones keynote speech after deadly storm
Categories: News Flash
Date: Sep 08, 2023
Greek Prime Minister Kyriakos Mitsotakis has postponed an annual economic speech scheduled for this...
Policymakers see darker days ahead in China as growth sputters
Categories: News Flash
Date: Sep 08, 2023
Policymakers expect persistently slower growth in China, perhaps even more sluggish than current co...
Iron ore retreats on China demand worries
Categories: News Flash
Date: Sep 08, 2023
Iron ore futures fell on Thursday following gains earlier this week, as weak China trade data overs...
Saudi Arabia raises October Arab light crude price to Asia
Categories: News Flash
Date: Sep 08, 2023
Saudi Arabia raised its October official selling price (OSP) for its Arab light crude to Asia by 10...