News Flash
India diesel exports to Singapore set for highs in Aug, drop for Europe -trade
Categories: News Flash
Date: Aug 25, 2023
India’s diesel exports to Singapore are set to hit a 19-month high in August and exceed 330,000 m...
Asia will continue to dominate global refinery coking capacity additions through 2027, says GlobalData
Categories: News Flash
Date: Aug 25, 2023
Asia is set to witness the highest refinery coking capacity additions among all regions during 2023...
Prices and higher well productivity drive up U.S. crude oil production forecast
Categories: News Flash
Date: Aug 25, 2023
In our August Short-Term Energy Outlook (STEO), we increased our forecast for U.S. crude oil produc...
Asia Fuel Oil-HSFO crashes as earlier rally fizzles out
Categories: News Flash
Date: Aug 25, 2023
Asia’s high sulphur fuel oil (HSFO) weakened sharply on Thursday, a sign that the rally in early ...
Frontline Sees Spot TCEs for the full third quarter of 2023 to be lower than the TCEs currently contracted
Categories: News Flash
Date: Aug 25, 2023
Frontline plc, reported unaudited results for the six months ended June 30, 2023: Highlights ...
Iron ore retreats after multi-session rally
Categories: News Flash
Date: Aug 25, 2023
Iron ore futures fell on Thursday as traders locked in gains following Singapore prices’ longest ...
Waning vessel demand drags Baltic index lower
Categories: News Flash
Date: Aug 25, 2023
The Baltic Exchange’s main sea freight index recorded its lowest level in more than eight weeks o...
Kongsberg Digital and Shell Marine deepen their collaboration by adding the LubeMonitor application to the marketplace
Categories: News Flash
Date: Aug 25, 2023
Currently used by Shell Marine Lubricants customers, LubeMonitor will become available to shipowner...
California container port volumes diverge amid continued market uncertainty
Categories: News Flash
Date: Aug 25, 2023
Key California ports of Los Angeles/Long Beach and Oakland showed divergent trends as weak market f...
COSCO SHIPPING announces “For For Tune”, a new digital end-to-end supply-chain solution for shipping cargo from Europe to China
Categories: News Flash
Date: Aug 25, 2023
From 26th August, COSCO SHIPPING is starting “For For Tune”, a new digital end-to-end supply ch...
Iron ore retreats after multi-session rally
Categories: News Flash
Date: Aug 25, 2023
Iron ore futures fell on Thursday as traders locked in gains following Singapore prices’ longest ...
Asia Fuel Oil-Cash differential for 380-cst HSFO eases
Categories: News Flash
Date: Aug 24, 2023
Asia’s cash differential for 380-cst high sulphur fuel oil (HSFO) showed signs of easing on Wedne...
Iraq, Turkey yet to agree on northern oil exports resumption – sources
Categories: News Flash
Date: Aug 24, 2023
Iraq’s oil minister and his Turkish counterpart did not reach an agreement to immediately resume ...
Iron ore extends rally on China demand optimism
Categories: News Flash
Date: Aug 24, 2023
Iron ore futures extended gains on Wednesday, with prices in China surging more than 5%, as optimis...
Ukraine says it has exported 3.83 mln T grain so far in 2023/24
Categories: News Flash
Date: Aug 24, 2023
Ukraine’s grain exports have reached 3.83 million metric tons so far in the 2023/24 July-June sea...
Korea’s Shipbuilding Order Backlog Hits 12-year High in H1
Categories: News Flash
Date: Aug 24, 2023
Shipbuilding exports are taking the lead in Korea’s exports in the first half of the year. During...
Insurers raise premiums for Black Sea tankers as tensions mount – traders
Categories: News Flash
Date: Aug 24, 2023
Insurance companies have notified charterers of ships operating in Russia’s Black Sea ports of an...
Lower capesize, panamax rates weigh on Baltic index
Categories: News Flash
Date: Aug 24, 2023
The Baltic Exchange’s main sea freight index fell for a fourth straight session on Wednesday, pre...
Global container port performance: All regions show y/y decline in call size
Categories: News Flash
Date: Aug 24, 2023
S&P Global Market Intelligence is launching a new quarterly report, titled “Port Performance ...
Sea and the Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping Partner to Power Better Decisions and Enable Sustainable Shipping
Categories: News Flash
Date: Aug 24, 2023
Maritime software provider Sea and Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping (the Ce...
Dardanelles shipping suspended as Turkey battles wildfire
Categories: News Flash
Date: Aug 24, 2023
Firefighters battled a forest fire in northwest Turkey for a second dayon Wednesday, prompting mass...
Bulgaria in talks for early end to Russian crude imports for Lukoil refinery
Categories: News Flash
Date: Aug 23, 2023
The Bulgarian government has discussed the impact and procedures for an early ban on the import of ...
Asia Distillates-Gasoil cracks, premiums pause rally; more spot tenders emerge
Categories: News Flash
Date: Aug 23, 2023
Asia’s gasoil margins and cash premiums both snapped a three-session rally and fell on Tuesday as...
Iron ore climbs on China policy support, demand recovery signals
Categories: News Flash
Date: Aug 23, 2023
Iron ore extended its rally on Tuesday, with the Singapore benchmark hitting its highest in more th...
Gazprom sends first cargo via Northern Sea route from Baltic plant – data
Categories: News Flash
Date: Aug 23, 2023
Russian gas giant Gazprom GAZP.MM shipped a first cargo of liquefied natural gas (LNG) from its pla...
S. Korea’s ship export grows 11.9 pct in H1
Categories: News Flash
Date: Aug 23, 2023
South Korea’s ship export grew in double digits in the first half of this year (H1) due to rising...
India’s July oil imports slip on monsoon lull, lower Russian inflows.
Categories: News Flash
Date: Aug 23, 2023
India’s crude oil imports fell for the second straight month in July in line with lower consumpti...
Drewry: Container Port Throughput Index Up 2.4% in June
Categories: News Flash
Date: Aug 23, 2023
The Drewry Container Port Throughput Indices are a series of calendar adjusted volume growth/declin...
Container lines paid out billions in boom-time profits via dividends
Categories: News Flash
Date: Aug 23, 2023
Shipping is extremely cyclical. Booms like the one experienced by container shipping in 2021-2022 a...
Asia Fuel Oil-HSFO crack holds at 15-month highs
Categories: News Flash
Date: Aug 23, 2023
Asia’s high sulphur fuel oil (HSFO) margin held firm at 15-month highs on Tuesday amid supportive...
Baltic index extends decline as larger vessel rates fall
Categories: News Flash
Date: Aug 23, 2023
The Baltic Exchange’s main sea freight index .BADI fell for a third straight day on Tuesday, weig...
China LNG buyers expand trading after adding more US, Qatari contracts
Categories: News Flash
Date: Aug 22, 2023
China’s liquefied natural (LNG) gas importers are starting up or expanding trading desks in Londo...