News Flash

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China, Greece Vow To Further Deepen Mutually Beneficial Cooperation

Categories: News Flash

Date: Aug 04, 2022

China and Greece on Wednesday pledged to further deepen mutually beneficial cooperation and jointly...

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MOL Starts Joint Study On Ship Fuel With National Institute For Environmental Studies

Categories: News Flash

Date: Aug 04, 2022

Mitsui O.S.K. Lines, Ltd. announced the launch of a joint study on ship fuel with Japan’s Nationa...

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Dorian LPG Ltd. Rides Positive Chartering Environment

Categories: News Flash

Date: Aug 04, 2022

Dorian LPG Ltd., a leading owner and operator of modern very large gas carriers (“VLGCs”), toda...

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Several Refining Projects Are Scheduled In Asia And the Middle East

Categories: News Flash

Date: Aug 03, 2022

In Asia and the Middle East, at least nine refinery projects are beginning operations or are schedu...

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Commodity Super Cycle Theory Will Struggle To Pass Ultimate Economic Test

Categories: News Flash

Date: Aug 03, 2022

The commodity market boom is over. Energy, metals and agriculture prices have all tumbled from thei...

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Iron Ore Creeps Higher As China Steel Margins Recover

Categories: News Flash

Date: Aug 03, 2022

Dalian and Singapore iron ore futures rose in a volatile session on Tuesday, as traders focused on ...

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AD Ports Group And Hutchison Ports Ink MoU To Form Strategic Partnership

Categories: News Flash

Date: Aug 03, 2022

AD Ports Group, the leading facilitator of trade, logistics, and industry in Abu Dhabi, today annou...

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PetroChina Yunnan To Receive First Crude Cargo Loaded From China; Huang Wei Pipeline Reverses Flow

Categories: News Flash

Date: Aug 03, 2022

PetroChina’s Yunnan Petrochemical is set to receive an 850,000-barrel cargo of Iraq’s Basrah Li...

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AET Unveils Another DPST, Eagle Crato, For Long-Term Charter To Petrobras

Categories: News Flash

Date: Aug 03, 2022

AET, a leading owner and operator of maritime transportation assets and specialised services, named...

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NYK Participates In Marine Biofuel Data Collection And Analysis Project Aiming To Establish Transparency In Biofuel Supply Chain

Categories: News Flash

Date: Aug 03, 2022

NYK and Astomos Energy Corporation have participated in a marine biofuel demonstration project laun...

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Shipping Arrangements Into Ukraine Still Not Ready, Lloyd’s Official Says

Categories: News Flash

Date: Aug 03, 2022

Key arrangements including procedures for ships still need to be worked out before empty vessels ca...

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Chinese Shipyard New Building Orders Drop 41% In H1

Categories: News Flash

Date: Aug 03, 2022

China’s shipbuilding output and newly received order volume both declined in the first half of 20...

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Lower Price, Currency Flexibility Drive More Russian Thermal Coal To India

Categories: News Flash

Date: Aug 03, 2022

With India leveraging discounted Russian coal and banks adapting to facilitate trade in currencies ...

Iron Ore Edges Up On China Infrastructure, Property Support Hopes

Categories: News Flash

Date: Aug 02, 2022

Iron ore prices edged higher on Monday, extending last week’s solid gains and spurred by hopes o...

“K” LINE Group Signed Multiple Consecutive Voyage Contracts With JSW Steel Ltd.

Categories: News Flash

Date: Aug 02, 2022

Kawasaki Kisen Kaisha, Ltd. (“K” LINE) and “K” Line (India) Shipping Private Ltd., (KLISP)...

Reygar And Cedar Marine Collaborate To Deliver Carbon Reduction For Fleet Operators

Categories: News Flash

Date: Aug 02, 2022

Maritime remote monitoring business, Reygar, and carbon reduction and sustainability specialist, Ce...

Ukraine Sends Out First Ship Since Invasion From Odessa Port Under Deal: Minister

Categories: News Flash

Date: Aug 02, 2022

Ukraine has sent out a ship from the Odessa port Aug. 1 — the first in five months since the Rus...

Seafarer Satisfaction On The Rise, Shows Latest Seafarers Happiness Index

Categories: News Flash

Date: Aug 02, 2022

The latest Seafarers Happiness Index report, published today by The Mission to Seafarers, reveals t...

Inventories, Uneven Demand, High Prices May Cap China’s H2 Crude Oil Imports

Categories: News Flash

Date: Aug 02, 2022

China’s crude oil imports in H2 will feel the pressure from bulging domestic inventories, an unc...

Ocean Spot Rates Whipsaw On Key Trade Routes As Consumer Demand Slows Into Peak Shipping Season

Categories: News Flash

Date: Aug 02, 2022

A decline that shippers were seeing in ocean spot rates and in premium surcharges across many trad...

Wah Kwong, QIYAO And Bureau Veritas Launch Feasibility Study On Carbon Capture And Storage On Ships

Categories: News Flash

Date: Aug 02, 2022

Bureau Veritas (BV), a world leader in testing, inspection and certification, Wah Kwong, one of Hon...

A Full Stop To Russian Gas Could Plunge Europe Into A Full-Blown Recession

Categories: News Flash

Date: Aug 01, 2022

Europe has already cut down on gasOverall gas demand in Europe has come down substantially this y...

China Lifts Exports As West Runs Short Of Lead And Zinc

Categories: News Flash

Date: Aug 01, 2022

China’s historical lead and zinc trading patterns were upended in the first half of this year as...

PetroChina Explores South Asia Market, Supplies First Gasoil Cargo To Pakistan

Categories: News Flash

Date: Aug 01, 2022

PetroChina International delivered its first gasoil cargo to Pakistan recently, signaling the comp...

Nippon Paint Marine Introduces New Pspc-Compliant Universal Primer For Newbuilds

Categories: News Flash

Date: Aug 01, 2022

Global coatings pioneer Nippon Paint Marine has added a new anti-corrosive universal primer to its...

China In Risky Bet To Test Its Power In Iron Ore Markets

Categories: News Flash

Date: Aug 01, 2022

Iron ore prices are swinging between optimism and pessimism over the economic outlook in top impo...

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India Seen Overtaking China As Biggest Importer Of Seaborne Russian Crude

Categories: News Flash

Date: Aug 01, 2022

India, fuelled by its appetite for discounted Ural grades, is understood to have overtaken China a...

KDB May Break Up DSME In Next Attempt To Privatize The Shipbuilder

Categories: News Flash

Date: Aug 01, 2022

State lender Korea Development Bank (KDB) has outsourced a scheme to privatize deficit-ridden Daew...

Peak Shipping Season Ahead Of The Holidays Is About To Begin For A Volatile Supply Chain

Categories: News Flash

Date: Aug 01, 2022

A decline that shippers were seeing in ocean spot rates and in premium surcharges across many trad...

BRI Projects At Port Of Gwadar Sea And Piraeus Create New Momentum For Regional Development And Connectivity Under A Shared Future

Categories: News Flash

Date: Aug 01, 2022

In 2013, Chinese President Xi Jinping put forward the “Belt and Road Initiative” (BRI), aim...

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Seafarer Shortage Stands In Way Of Ukraine Grain Corridor

Categories: News Flash

Date: Aug 01, 2022

Finding enough seafarers willing to sail ships stuck inside Ukraine’s ports is set to pose a majo...

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Record Container Ship Traffic Jam As Backlog Continues To Build

Categories: News Flash

Date: Aug 01, 2022

If you only look at Los Angeles and Long Beach — the largest container import gateway in America ...