News Flash
Global LNG market: Analysing trends and future prospects
Categories: News Flash
Date: Nov 05, 2024
Martin Cartwright is the Global Business Director for the gas carrier segment (LNG, LPG, ammonia, hy...
Iron ore gains as markets await key China meeting
Categories: News Flash
Date: Nov 05, 2024
Iron ore futures swung to gains from losses on the first working day of the week as the market keenl...
TORM plc capital increase in connection with delivery of one 2015-built MR vessel
Categories: News Flash
Date: Nov 05, 2024
With reference to Company Announcement no. 30 dated 15 July 2024 where TORM plc (“TORM”) announc...
Chinese ports container volume rises 7.7 % from January to September of 2024，Ningbo Containerized Freight Index decrease significantly in October 2024
Categories: News Flash
Date: Nov 05, 2024
From January to September of 2024, the container throughput of Chinese ports was 248.5 million TEU, ...
India: Crude imports fall amid refinery shutdowns and West Asia tension
Categories: News Flash
Date: Nov 05, 2024
India’s crude oil imports in October declined to a 13-month low amid maintenance-related shutdowns...
Asia Fuel Oil-Supply and demand fundamentals diverge, some Dec spot offers emerge
Categories: News Flash
Date: Nov 05, 2024
Asia’s fuel oil markets were mixed on Monday as supply and demand fundamentals diverged, while ver...
Russia’s October seaborne diesel exports hit 13-mth low, LSEG data shows
Categories: News Flash
Date: Nov 05, 2024
Russia’s October seaborne diesel and gasoil exports fell to their lowest level since September 202...
WAF VLCC market remains in the doldrums despite onset of fourth quarter
Categories: News Flash
Date: Nov 05, 2024
Rates for Very Large Crude Carrier voyages loading in West Africa have so far failed to mount a sust...
Baltic index edges lower as rates of some vessel segments fall
Categories: News Flash
Date: Nov 05, 2024
The Baltic Exchange’s dry bulk sea freight index fell on Monday, pressured by falling rates across...
The Surprising Resilience of Globalization: An Examination of Claims of Economic Fragmentation
Categories: News Flash
Date: Nov 04, 2024
Globalization continues—the widespread predictions of its death were wildly premature. But this...
Asian spot LNG steady on warmer than average temperature forecasts
Categories: News Flash
Date: Nov 04, 2024
Asian spot liquefied natural gas (LNG) prices held steady this week as forecasts of warmer-than-aver...
US oil and gas rig count unchanged this week, Baker Hughes says
Categories: News Flash
Date: Nov 04, 2024
U.S. energy firms kept the number of oil and natural gas rigs operating unchanged for a second week ...
Iraq reduces oil exports to 3.3 mln barrels per day
Categories: News Flash
Date: Nov 04, 2024
Iraq’s Oil Ministry said Friday that the country has reduced its oil production and cut its crude ...
Vancouver Port Employer Could Shut Out Foremen, Bulk Grain Will Not Be Hit
Categories: News Flash
Date: Nov 04, 2024
Port of Vancouver foremen will be locked out on Monday unless they scrap a proposed strike, employer...
Ericsson, China Mobile and Zhangjiagang Port 5G-powered smart port success
Categories: News Flash
Date: Nov 04, 2024
Several use case applications have been implemented across the 5G network at different periods since...
Wallenius Wilhelmsen announces another strong quarter
Categories: News Flash
Date: Nov 04, 2024
“We are proud to announce the second strongest quarter on record with adjusted EBITDA of USD 503m,...
China iron ore imports head for record even as steel output slips
Categories: News Flash
Date: Nov 04, 2024
China is on track to import record volumes of iron ore in October, increasing the divergence between...
Unsure about CII compliance? Here’s how energy saving technologies can help
Categories: News Flash
Date: Nov 04, 2024
Energy saving technologies can lower your fuel bill and reduce vessel emissions. But which ones are ...
Asia-USWC container rates edge higher on late-season holiday demand
Categories: News Flash
Date: Nov 04, 2024
Shipping container rates from east Asia and China to the US West Coast rose this week, reversing a t...
Russia’s Oct pipeline gas exports to Europe up 2.5% y/y, calculations show
Categories: News Flash
Date: Nov 02, 2024
Russian energy giant Gazprom’s GAZP.MM average daily natural gas supplies to Europe in October edg...
Russia’s Jan-Oct LNG exports up 6%, data shows
Categories: News Flash
Date: Nov 02, 2024
Russia’s January to October exports of liquefied natural gas (LNG) increased by 6% from a year ear...
Samsung Heavy Industries Secures $390 Mil. Contract for Four Suezmax Tankers
Categories: News Flash
Date: Nov 02, 2024
Samsung Heavy Industries Co. announced on Nov. 1 that it has secured a significant contract to suppl...
Charting a new course with CirclesOfLife: circular and zero-emission shipbuilding
Categories: News Flash
Date: Nov 02, 2024
As a member of CirclesOfLife, the NGO Shipbreaking Platform is pleased to share the consortium’s l...
Americas Fuel Availability Outlook
Categories: News Flash
Date: Nov 02, 2024
In Houston, bunker fuel availability is tight until next week, as many suppliers are fully booked. B...
Make clean fuels available: European Shipowners and Transport & Environment call to prioritise energy transition of shipping under Clean Industrial Deal
Categories: News Flash
Date: Nov 02, 2024
In a joint statement released today, European Shipowners and European green transport group Transpor...
US LNG exports to rise at smallest pace since 2016
Categories: News Flash
Date: Nov 02, 2024
U.S. liquefied natural gas exports this year will rise about 2%, analysts estimate, the smallest ann...
Asia Fuel Oil-Upbeat spot activity; markets cautious on Dec fundamentals
Categories: News Flash
Date: Nov 02, 2024
Asia’s fuel oil markets continued to see a flurry of spot activity in the trading window on Friday...
Maersk sees no Suez Canal return until ‘well into 2025’ due to Red Sea threat
Categories: News Flash
Date: Nov 02, 2024
A.P. Moller-Maersk expects strong demand for shipping goods around the world to continue in the comi...
Baltic Index Logs Fifth Weekly Loss On Weaker Rates Across All Vessel Segments
Categories: News Flash
Date: Nov 02, 2024
The Baltic Exchange’s dry bulk sea freight index fell on Friday and posted its fifth straight week...
Panama Canal seeks LNG comeback after 65% decline in traffic
Categories: News Flash
Date: Oct 31, 2024
The Panama Canal aims to regain vessel traffic carrying U.S. liquefied natural gas to Asia as demand...
Baltic index falls as capesize rates decline
Categories: News Flash
Date: Oct 31, 2024
The Baltic Exchange’s main sea freight index tracking rates for ships carrying dry bulk commoditie...
Maersk to buy bio-methanol shipping fuel from China's LONGi
Categories: News Flash
Date: Oct 31, 2024
Danish shipping group A.P. Moller-Maersk (MAERSKb.CO), opens new tab said on Wednesday it has sign...