News Flash

Post Image
Asia Fuel Oil-Market stable to softer on ample supply outlook

Categories: News Flash

Date: Nov 27, 2024

Asia’s fuel oil market held steady to mildly softer on Tuesday, with ample supplies expected into ...

Post Image
Oceanly warns of increased global emissions if the alternative fuels rush intensifies

Categories: News Flash

Date: Nov 27, 2024

The leading provider of fleet performance solutions, Oceanly, has conveyed a stern warning that the ...

Post Image
EU to discuss adding tankers, Chinese firms to Russia sanctions list

Categories: News Flash

Date: Nov 27, 2024

European Union envoys will discuss a 15th package of sanctions on Wednesday in response to Russia’...

Post Image
TEN Ltd. Is Positive on Tanker Market’s Short Term Prospects

Categories: News Flash

Date: Nov 27, 2024

TEN, Ltd (TEN) reported results (unaudited) for the nine months and third quarter ended September 30...

Post Image
MPC Container Ships: Significant earnings visibility from further increased charter backlog

Categories: News Flash

Date: Nov 27, 2024

Highlights Charter backlog increased to USD 1.2 billion with increased contract coverage for 20...

Post Image
Baltic index snaps six-session losing streak as capesize rates gain

Categories: News Flash

Date: Nov 27, 2024

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

Post Image
MSC Onboards all Vessels on the Source2Sea Digital Marine Platform

Categories: News Flash

Date: Nov 26, 2024

As the first shipping company, MSC cracks complex supply ordering of marine provisions and general m...

Post Image
Auramarine and Quadrise join forces to support maritime decarbonisation

Categories: News Flash

Date: Nov 26, 2024

Auramarine Ltd., the leading fuel supply systems pioneer for the marine and other industries and Qua...

Post Image
Lloyd’s Register completes acquisition of Ocean Technologies Group

Categories: News Flash

Date: Nov 26, 2024

Lloyd’s Register Group (LR), a global provider of maritime professional services and digital solut...

Post Image
Wallenius Wilhelmsen: Introducing BAF2.0: a multi-fuel BAF for a net-zero future

Categories: News Flash

Date: Nov 26, 2024

Wallenius Wilhelmsen is launching a re-engineered bunker adjustment factor, BAF2.0, to prepare for f...

Post Image
Pioneering high-tech, green shipbuilding in India

Categories: News Flash

Date: Nov 26, 2024

India is determined to join the world’s top shipbuilding and shipping nations. Backed by an ambiti...

Post Image
Singapore, Rotterdam ports say no reports as yet of cashew nutshell marine fuel problems

Categories: News Flash

Date: Nov 26, 2024

Port authorities in Singapore and Rotterdam said they have not received reports of vessels experienc...

Post Image
Asia Fuel Oil-VLSFO premium steadies, though market structure softens

Categories: News Flash

Date: Nov 26, 2024

Asia’s spot premium for very low sulphur fuel oil (VLSFO) held steady on Monday, although the mark...

Post Image
Marine Fuel Problems Persist Five Years On From IMO 2020 Sulphur Cap Rules

Categories: News Flash

Date: Nov 26, 2024

As the fifth anniversary of the IMO 2020 Sulphur Cap approaches, fuel compatibility and viscosity pr...

Post Image
China to Mexico West Coast – a case for data-driven freight strategies

Categories: News Flash

Date: Nov 26, 2024

Predicting how and why ocean container shipping rates rise or fall is not an easy task and means shi...

Post Image
Baltic index hits more than two-week low as larger vessel rates dip

Categories: News Flash

Date: Nov 26, 2024

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

Post Image
J.P. Morgan sees Brent oil price averaging $73 a barrel in 2025

Categories: News Flash

Date: Nov 25, 2024

J.P. Morgan sees the price of Brent oil averaging $73 per barrel (/bbl) in 2025 and expects it to cl...

US natgas producers chase driven surge in power demand to weather low prices

Categories: News Flash

Date: Nov 25, 2024

Shale gas producers in the U.S. Permian Basin are sounding out data-center operators building up cap...

Post Image
BHP bets billions on Chile mines to face global copper crunch

Categories: News Flash

Date: Nov 25, 2024

BHP Group expects a global copper deficit of 10 million metric tons a decade from now, a shortfall t...

Post Image
S.Korean firms bet big on US LNG market under new Trump gov’t

Categories: News Flash

Date: Nov 25, 2024

South Korean energy and shipbuilding companies are gearing up for a swift advance into the US liquef...

Post Image
Rep. Barragán Introduces Zero-Emission Vessel Innovation Act

Categories: News Flash

Date: Nov 25, 2024

Congresswoman Nanette Barragán (D-CA) introduced the Zero-Emission Vessel Innovation Act, a bill th...

Post Image
Cashew nutshell marine biofuel causes problems for some ships, says testing agency

Categories: News Flash

Date: Nov 25, 2024

Several ships in Singapore and Rotterdam reported operational problems in recent months after using ...

Post Image
How much does LNG emit before it burns on a ship?

Categories: News Flash

Date: Nov 25, 2024

Oil and gas majors and some shipping companies present liquefied fossil natural gas (LNG) as a clean...

Post Image
Asia-US container rates steady to softer; Panama Canal to allow slot swaps

Categories: News Flash

Date: Nov 25, 2024

The Capesize market experienced a challenging week, marked by a gradual softening across both basins...

Post Image
US October gasoline imports hit post-pandemic low on slump in European shipments

Categories: News Flash

Date: Nov 25, 2024

U.S. waterborne gasoline imports fell in October to their lowest since the COVID-19 pandemic, with E...

Post Image
Healthy Panama Canal flows, growing fleet dampen VLGC rates

Categories: News Flash

Date: Nov 25, 2024

Growing fleet capacity and stable Panama Canal flows have kept Very Large Gas Carrier freight rates ...

Post Image
Iron ore slips on risk-off sentiment, but set for weekly gain

Categories: News Flash

Date: Nov 23, 2024

Iron ore futures fell on Friday amid risk-off sentiment across the financial markets due to the inte...

Post Image
Russia's Dec western port oil loadings may slip by 100,000 bpd, sources say

Categories: News Flash

Date: Nov 23, 2024

Oil loadings from Russia’s western ports in December are expected to slip by some 100,000 barrels ...

Post Image
HMM introduces S.Korea's first LNG-powered vessels

Categories: News Flash

Date: Nov 23, 2024

South Korea’s HMM Co. said on Friday that it will introduce two 7,700 TEU (1 TEU equals one 20-foo...

Post Image
The Hood is set to Revolutionise Connections in the Maritime Sector

Categories: News Flash

Date: Nov 23, 2024

The maritime industry is on the verge of a new era in connectivity with the launch of The Hood, a so...

Post Image
Hong Kong engages partners to fuel maritime green shift

Categories: News Flash

Date: Nov 23, 2024

A unified voice calling for bolder actions to decarbonize the maritime transport and ensure a just t...

Post Image
Redefining Shipping in Geneva: The Journey to 2050

Categories: News Flash

Date: Nov 23, 2024

This week, Geneva became the hub of innovation dialogue at Redefining Shipping by Klaveness. A criti...