News Flash
Asia Fuel Oil-HSFO logs recovery as buying interest resurfaces
Categories: News Flash
Date: Dec 17, 2024
Asia’s high sulphur fuel oil (HSFO) market posted a recovery on Monday after more buying interest ...
Korean shipbuilding faces lowest order rate in eight years
Categories: News Flash
Date: Dec 17, 2024
This year, Korea’s order ratio in the global shipbuilding market is expected to record the lowest ...
Trade Tensions May Affect European and Middle East Seaports
Categories: News Flash
Date: Dec 17, 2024
Growing trade tensions and likely tariff increases by the incoming US administration may have negati...
Stricken oil tankers show risks of Russia’s ageing ‘shadow fleet’
Categories: News Flash
Date: Dec 17, 2024
Russian authorities sought to limit the damage on Monday from oil spilled into the Kerch Strait by t...
Other alternative marine fuels ‘toddlers’ compared to LNG: SEA-LNG chairman
Categories: News Flash
Date: Dec 17, 2024
Other alternative marine fuels can be considered “toddlers” compared to LNG, as the latter offer...
Baltic index rises on gains in capesize vessel segment
Categories: News Flash
Date: Dec 17, 2024
The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk c...
IEA still sees ‘comfortable’ oil market in 2025 despite raising demand forecast
Categories: News Flash
Date: Dec 16, 2024
The International Energy Agency raised its 2025 oil demand forecast by 100,000 b/d on Dec. 12 on exp...
China’s November crude oil imports recover, other commodities stay strong
Categories: News Flash
Date: Dec 16, 2024
It’s turning out to be a good week so far for China’s economy, with the outlook brightening amid...
Dutch seaports and FERM launch nationwide cybersecurity platform
Categories: News Flash
Date: Dec 16, 2024
Digital attacks pose increasing risks to nautical and logistics processes in Dutch seaports. To deal...
S. Korea: iM Securities predicts shipbuilding industry thrives amid exchange rate benefits
Categories: News Flash
Date: Dec 16, 2024
The domestic stock market experienced a correction due to the Dec. 3 martial law incident. The shipb...
President-elect Trump backs union in US Gulf-East Coast ports labor dispute
Categories: News Flash
Date: Dec 16, 2024
In a late-Thursday post on social media, President-elect Donald Trump expressed his support for dock...
Global thermal coal exports and power use to hit new highs in 2024
Categories: News Flash
Date: Dec 16, 2024
Global exports and use of thermal coal will reach all-timehighs in 2024, despite the record roll-out...
International research consortium launches FUMES 2 to further quantify methane emissions from LNG shipping
Categories: News Flash
Date: Dec 16, 2024
The International Council on Clean Transportation (ICCT) announces the launch of FUMES 2 (Fugitive a...
Rising Trade Tensions May Affect Global Chemical Demand Growth
Categories: News Flash
Date: Dec 16, 2024
Rising trade tension risks could exacerbate the global chemical sector’s challenges, including pre...
Shipping giant Maersk expects strong demand and ‘another year of disruption’ for global trade in 2025
Categories: News Flash
Date: Dec 16, 2024
The past year has been a strong one for North American import trade demand, and that should continue...
VLCC Tanker Market Still Under Pressure
Categories: News Flash
Date: Dec 16, 2024
Clean LR2 An early flutter pushed the MEG LR2’s beginning of this week, only to be recorrect...
Iranian oil prices to China hit new multi-year highs as sanctions hit shipping, sources say
Categories: News Flash
Date: Dec 14, 2024
The price of Iranian crude oil sold to China has risen to the highest in years as fresh U.S. sanctio...
Russia’s November seaborne grain exports jumped by 39.5% to 4.8 mln tons
Categories: News Flash
Date: Dec 14, 2024
Russia’s seaborne grain exports rose 39.5% year-on-year in November to 4.8 million metric tons, sh...
Spiken – Second Groundbreaking Lake Vanern Max Delivered To Erik Thun Group
Categories: News Flash
Date: Dec 14, 2024
Erik Thun Group are proud to announce the delivery of our second groundbreaking vessel, the Lake Van...
Russia to increase oil, gas exports to China in 2025 to sustain income: Tsinghua
Categories: News Flash
Date: Dec 14, 2024
Russia is poised to increase its energy exports, primarily oil and gas, to China in 2025 to sustain ...
MPA Launches EOI for Sea-Based LNG Reloading and Supply of E/Bio-Methane as Marine Fuel in Port of Singapore
Categories: News Flash
Date: Dec 14, 2024
The Maritime and Port Authority of Singapore (MPA) has launched an Expression of Interest (EOI) to e...
Asia Fuel Oil-VLSFO margins log weekly declines
Categories: News Flash
Date: Dec 14, 2024
Asia’s refining margins for very low sulphur fuel oil (VLSFO) logged weekly declines as of Friday,...
TEN Ltd. Reports Reduction of Its Fleet’s Average Carbon Intensity By 19.60% Compared To 2008
Categories: News Flash
Date: Dec 14, 2024
TEN Ltd., a leading diversified crude, product and LNG tanker operator, announced that it has publis...
Revised RightShip Inspection Age Trigger: What It Means for Owners, Managers, and Charterers
Categories: News Flash
Date: Dec 14, 2024
What changes has RightShip made regarding vessel inspection age triggers, and why? RightShip has ...
Zero Emission Port Alliance Releases Key Findings: Demand, Design Standards, And Guidelines For Terminal Infrastructure Upgrading The Electricity Grid
Categories: News Flash
Date: Dec 14, 2024
The 12 members of the Zero Emission Port Alliance (ZEPA) mark a year of collaboration with the relea...
Baltic index logs fourth weekly loss on weaker rates across all vessel segments
Categories: News Flash
Date: Dec 14, 2024
The Baltic Exchange’s dry bulk sea freight index, which measures shipping rates for vessels transp...
Petrobras signs $2.8 billion deal for 12 new vessels to supply offshore platforms
Categories: News Flash
Date: Dec 13, 2024
Brazil’s state-run oil company Petrobras said on Thursday it has signed a 16.5 billion real ($2.8 ...
lomarlabs and Mythos AI Join Forces to Innovate Maritime Navigation
Categories: News Flash
Date: Dec 13, 2024
Lomar’s corporate venture lab, lomarlabs, and Mythos AI, a leader in advanced autonomous systems, ...
Saudi crude oil supply to China to rebound in Jan vs Dec, sources say
Categories: News Flash
Date: Dec 13, 2024
Saudi Arabia’s crude oil supply to China is set to rebound to a three-month high in January, trade...
ITS Logistics December Port Rail Ramp Index: US West Coast Ports Experience Significant Import Volumes Amid Fears of January ILA Strike
Categories: News Flash
Date: Dec 13, 2024
ITS Logistics today released the December forecast for the ITS Logistics US Port/Rail Ramp Freight I...
Asia Fuel Oil-Markets broadly stable in thin trade
Categories: News Flash
Date: Dec 13, 2024
Asia’s fuel oil benchmarks were rangebound on Thursday amid a backdrop of largely thin trade, whil...
Singapore port authority seeks proposals on scaling up LNG bunker supply
Categories: News Flash
Date: Dec 13, 2024
The Maritime and Port Authority of Singapore (MPA) has launched an expression of interest (EOI) to g...