News Flash
High sulphur fuel premiums extend declines
Categories: News Flash
Date: Feb 05, 2025
Spot premiums for Asia’s high sulphur fuel oil (HSFO) market extended declines on Tuesday as softe...
Europe soaked up nearly all US LNG exports last month, data show
Categories: News Flash
Date: Feb 05, 2025
U.S. exports of liquefied natural gas (LNG) to Europe jumped in January as cold weather drove up dem...
Trump’s China import tariffs on top of massive ocean freight rate increases due to conflict in Red Sea are perfect storm for US shippers, analysts warn
Categories: News Flash
Date: Feb 05, 2025
A delay in tariffs on Mexico imports does little to ease the pain for US shippers still facing a 10%...
Baltic index extends gain as panamax, supramax rates firm
Categories: News Flash
Date: Feb 05, 2025
The Baltic Exchange’s dry bulk sea freight index, which measures shipping rates for vessels transp...
CORE POWER and Glosten Team to Bring Floating Nuclear Power Plant to US Ports
Categories: News Flash
Date: Feb 04, 2025
CORE POWER (US) Inc has enlisted naval architecture and marine engineering firm Glosten to help thei...
Singapore to become key hub for Europe-Asia cargo under Maersk, Hapag-Lloyd alliance
Categories: News Flash
Date: Feb 04, 2025
The Republic will serve as a key hub in a new ocean network formed under an alliance between two maj...
Inland firm builds innovative green cargo ship sail
Categories: News Flash
Date: Feb 04, 2025
A manufacturing firm in landlocked Leicestershire is making waves in the shipping industry with a ne...
China navigates US tariff challenges, seeks cheap Canadian, Mexican crudes
Categories: News Flash
Date: Feb 04, 2025
China’s petroleum industry expects Beijing to be cautious about imposing countermeasures on energy...
Keeping crews connected is vital for their wellbeing, says The Hood
Categories: News Flash
Date: Feb 04, 2025
Providing access to social media and digital platforms to help seafarers stay connected with the out...
Platform publishes list of ships dismantled worldwide in 2024
Categories: News Flash
Date: Feb 04, 2025
The NGO Shipbreaking Platform publishes its 2024 annual list of ships dismantled worldwide. The data...
Fleet of abandoned ships is growing, leaving more sailors stuck at sea
Categories: News Flash
Date: Feb 04, 2025
More ships than ever are being abandoned around the world by their owners, according to the United N...
HSFO retreats in volatile market activity
Categories: News Flash
Date: Feb 04, 2025
Asia’s high sulphur fuel oil (HSFO) market pared back on Monday after rallying higher amid recent ...
VPS: How to engineer and manage green shipping fuels?
Categories: News Flash
Date: Feb 04, 2025
Effective management strategies and insights for evolving fuel use. Back in 2020, the IMO 2020 re...
IMO, cargo owners more crucial for green bunkers than financiers: Poseidon chair
Categories: News Flash
Date: Feb 04, 2025
Cargo owners and the International Maritime Organization could determine the pace of decarbonization...
Germany builds up LNG import terminals
Categories: News Flash
Date: Feb 03, 2025
Germany is expanding its natural gas import options to replace Russian supply, a drive intensified b...
World’s Largest Sail Cargo Ship Neoliner Origin hits the water in Turkey
Categories: News Flash
Date: Feb 03, 2025
the Neoliner Origin – the world’s largest cargo ship to be powered primarily by sails – left i...
Tank-based reporting: simplifying biofuel tracking and compliance
Categories: News Flash
Date: Feb 03, 2025
Managing fuel storage and segregation is a delicate dance on tanker vessels. The typical fuel grades...
Ocean container freight rates to fall further in February following Middle East ceasefire as carriers take action to slow market decline
Categories: News Flash
Date: Feb 03, 2025
Middle East ceasefire and Lunar New Year will see ocean container freight rates fall further in Febr...
Suez Canal Authority urges return of shipping companies as Houthis halt attacks
Categories: News Flash
Date: Feb 03, 2025
The Suez Canal Authority has urged shipping companies to resume using the key Egyptian waterway conn...
Asia-US container rates edge lower on LNY slowdown, roll out of new alliances
Categories: News Flash
Date: Feb 03, 2025
Rates for shipping containers from east Asia and China to the US ticked slightly lower this week, wh...
India: Budget unveils mega shipbuilding plan, eyes larger private investment
Categories: News Flash
Date: Feb 03, 2025
The government unveiled a mega plan on Saturday to develop India into a shipbuilding hub, along the ...
With Panama Canal-U.S. tensions rising, ‘all options on the table,’ warns Trump’s top maritime official
Categories: News Flash
Date: Feb 03, 2025
President Donald Trump’s newly appointed head of the Federal Maritime Commission Louis Sola says t...
E2open Ocean Shipping Index Shows Geopolitical Tensions, Labor Shortages and Port Congestion Driving Significant Increases in Global Transit Times
Categories: News Flash
Date: Feb 03, 2025
E2open Parent Holdings, Inc., the connected supply chain SaaS platform with the largest multi-enterp...
Dorian LPG Ltd. Retains Positive Market Outlook as New Export Capacity is Coming Online
Categories: News Flash
Date: Feb 03, 2025
Dorian LPG Ltd., a leading owner and operator of modern very large gas carriers (“VLGCs”), today...
Shipowners Encouraged To Shield Against Accidents By Better Learning From Human Factors
Categories: News Flash
Date: Feb 01, 2025
The University of Strathclyde is encouraging ship operators, safety professionals and accident inves...
Traders offer March-delivery Russian oil to India at narrower discounts, sources say
Categories: News Flash
Date: Feb 01, 2025
Traders have resumed offers of Russian crude cargoes to Indian refiners at narrower discounts after ...
ITS Logistics January Supply Chain Report: Recession Risks Heighten for US Economy as Consumer Confidence Decreases for Second Consecutive Month
Categories: News Flash
Date: Feb 01, 2025
ITS Logistics released the January ITS Supply Chain Report, revealing the U.S. economy was relativel...
Panama’s president says there will be no negotiation about ownership of canal
Categories: News Flash
Date: Feb 01, 2025
Panama President José Raúl Mulino said Thursday there will be no negotiation with the United State...
Mitsui O.S.K. Lines: Seasonality to Keep Capesize Dry Bulk Rates Down During the First Quarter
Categories: News Flash
Date: Feb 01, 2025
The following is a summary of business conditions including revenue and ordinary profit/loss per bus...
Maritime shipping bunkered slightly less fuel in Rotterdam in 2024, but demand for LNG rose by 52 percent
Categories: News Flash
Date: Feb 01, 2025
Last year, maritime shipping bunkered 9.8 million tonnes of fuel in Rotterdam, a moderate decrease f...
Asia Fuel Oil: Hi-5 Crunches To Narrowest In More Than Five Years
Categories: News Flash
Date: Feb 01, 2025
Asia’s hi-5 fuel oil spread crunched to its narrowest in over five years, based on LSEG data, as t...
Shipowners consider preparing ships for future decarbonizing retrofits: MPC Capital
Categories: News Flash
Date: Feb 01, 2025
With uncertain commercial environments for alternative bunker fuels amid tightening environment regu...