News Flash
OceanScore calculates €175m potential costs for Greek shipping with FuelEU Maritime
Categories: News Flash
Date: Sep 11, 2024
Greek shipping companies are set to face a total bill of over €175m in penalties incurred under Fu...
Baltic index retreats as capesize rates dip
Categories: News Flash
Date: Sep 11, 2024
The Baltic Exchange's main sea freight index retreated on Tuesday after hitting its highest in nearl...
Greece to spend an additional 3.5 bln euros next year on wages, pensions
Categories: News Flash
Date: Sep 10, 2024
Greece will spend an additional 3.5 billion euros ($3.9 billion) next year on pension and wage hikes...
Oil demand worries and natural gas supply risks
Categories: News Flash
Date: Sep 10, 2024
Demand fears weigh on oil Oil prices saw a fair amount of volatility in August In fact, implied v...
Iron ore snaps six-day losing streak on hopes of China stimulus
Categories: News Flash
Date: Sep 10, 2024
Iron ore futures prices rose on Monday after six days of losses, as hopes of fresh stimulus from top...
Morgan Stanley cuts Brent crude price view as market signals demand softness
Categories: News Flash
Date: Sep 10, 2024
Morgan Stanley on Monday cut its Brent crude oil forecasts for coming quarters and said the global o...
Sanctioned tanker with Arctic LNG 2 cargo moving east along Northern Sea Route, data shows
Categories: News Flash
Date: Sep 10, 2024
A liquefied natural gas tanker sanctioned by the US has been moving east from the Arctic LNG 2 plant...
US LNG export dominance tested as Europe's demand wilts
Categories: News Flash
Date: Sep 10, 2024
The United States has remained the largest exporter of liquefied natural gas (LNG) so far in 2024. b...
Asia Fuel Oil-VLSFO holds strength for Sept dates, softens for October
Categories: News Flash
Date: Sep 10, 2024
Asia's very low sulphur fuel oil (VLSFO) market retained strength for September loading dates on Mon...
Rising Asian thermal coal imports driven by Japan, S.Korea
Categories: News Flash
Date: Sep 10, 2024
Asia's imports of seaborne thermal coal ticked up in August to the highest in eight months, but the ...
Experts in alternative fuels Stream Marine Technical selected to consult and advise on ammonia awareness training
Categories: News Flash
Date: Sep 10, 2024
Ammonia is fast becoming a potential alternative fuel for the future of green shipping but new fuels...
Baltic index hits near two-month peak on higher capesize rates
Categories: News Flash
Date: Sep 10, 2024
The Baltic Exchange's main sea freight index extended gains on Monday to touch its highest in close ...
Asia spot LNG prices down on muted demand, cooler weather
Categories: News Flash
Date: Sep 09, 2024
Asian spot liquefied natural gas (LNG) prices fell this week on signals of weak economic growth in C...
US LNG exports to Latin America and the Caribbean increase slightly in August
Categories: News Flash
Date: Sep 09, 2024
US LNG exports to Latin America and the Caribbean in August rose by only 7% from the previous month,...
Venezuela's oil exports climb to four-year high in August
Categories: News Flash
Date: Sep 09, 2024
Venezuela's August oil exports hit their highest in more than four years, according to shipping data...
India's largest deep-water port: How will Maharashtra's Vadhvan Port revolutionise trade?
Categories: News Flash
Date: Sep 09, 2024
Prime Minister Narendra Modi laid the foundation stone for India's largest deep-water port, Vadhvan ...
International Windship Association releases Small Vessel Wind Propulsion publication
Categories: News Flash
Date: Sep 09, 2024
Although the small windship trade that has been operating for thousands of years has never stopped, ...
A Captain's view: running our new methanol- capable vessels
Categories: News Flash
Date: Sep 09, 2024
After nearly four decades at sea, what made you want to be part of the crew sailing the new vessels?...
FuelEU Explainer: Is the industry ready for 2025?
Categories: News Flash
Date: Sep 09, 2024
The big picture In this final FuelEU newsletter, we look ahead at the expected impact of the regu...
Sovcomflot keeps non-G7 tankers' share in Russia crude exports above 80%
Categories: News Flash
Date: Sep 09, 2024
Russian state carrier Sovcomflot made a strong return to its home turf to transport crude in August,...
Union, USWC ports at impasse as strike deadline looms; container rates keep falling
Categories: News Flash
Date: Sep 09, 2024
A strike by union dock workers at East Coast and US Gulf ports seems more likely after International...
Tankers: VLCC Market Could Bounce Higher Next Week
Categories: News Flash
Date: Sep 09, 2024
Clean LR2 MEG LR2s seem to have found a base, with rates holding on the TC1 (75Kt MEG/Japan) a...
OceanScore pulls crowd with launch of FuelEU Planner amid SMM in countdown to compliance
Categories: News Flash
Date: Sep 06, 2024
OceanScore has launched a new planning, simulation and budgeting tool for optimising compliance with...
Cargo Integrity Group Applauds Recent MSA Circular, Emphasizes Ongoing Commitment to Supply Chain Safety
Categories: News Flash
Date: Sep 06, 2024
The Cargo Integrity Group (CIG) commends the recent circular issued by the China Maritime Safety Adm...
Wärtsilä secures pivotal role in developing Singapore's Next-Generation Vessel Traffic Management System
Categories: News Flash
Date: Sep 06, 2024
Technology group Wärtsilä has been awarded the prototyping tender for the revolutionary Next Gener...
Asia Fuel Oil-Spot VLSFO premium extends uptrend
Categories: News Flash
Date: Sep 06, 2024
Asia's spot premium for very low sulphur fuel oil (VLSFO) continued its rally on Thursday amid a bac...
MABUX: Bunker Prices Expected to Trend Downwards Next Week
Categories: News Flash
Date: Sep 06, 2024
Over the Week 36. the MABUX global bunker indices experienced a consistent downward trend. The 380 H...
Korean Shipbuilders Account for 2% of August Orders While Chinese Shipbuilders 90%
Categories: News Flash
Date: Sep 06, 2024
The Korean shipbuilding industry's order share fell to just 2 percent in August due to selective ord...
Libya oil exports still mostly shut, some ships loading from storage
Categories: News Flash
Date: Sep 06, 2024
Libyan oil exports remained largely halted on Thursday, shipping data showed, but some tankers were ...
Recent Houthi attacks suggest new focus on oil tankers: Yemen-based expert
Categories: News Flash
Date: Sep 06, 2024
The Houthi rebels in Yemen appear to be prioritizing attacks on oil tankers in the Red Sea because t...
DNV updates Emissions Connect to help industry mitigate FuelEU Maritime challenges and risks
Categories: News Flash
Date: Sep 06, 2024
DNV has unveiled an upgrade to its emissions data verification and data management platform, Emis...
Baltic index edges up on higher capezise rates
Categories: News Flash
Date: Sep 06, 2024
The Baltic Exchange's dry bulk sea freight index tracking rates for ships carrying dry bulk commodit...