News Flash
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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 ...
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...
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...
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...
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 ...
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...
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 ...
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...
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...
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...
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...
Australia's Melbourne HSFO stocks limited, LSFO demand steady
Categories: News Flash
Date: Nov 23, 2024
Around the port of Melbourne in Australia, stronger bunker demand for high sulfur fuel oil has tight...
Asia Fuel Oil-VLSFO spot premium slides to three-month low
Categories: News Flash
Date: Nov 23, 2024
Asia’s spot premium for very low sulphur fuel oil (VLSFO) slipped to a three-month low on Friday, ...
Goldman Sachs expects oil prices to average around $80/bbl in 2024
Categories: News Flash
Date: Nov 23, 2024
Goldman Sachs expects Brent prices to average around $80 per barrel this year, despite a 2024 defici...
Baltic index declines as all vessels see falling rates
Categories: News Flash
Date: Nov 23, 2024
The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk c...
Miros Launches PredictifAI – A New Wave and Vessel Motion Prediction Technology
Categories: News Flash
Date: Nov 22, 2024
Miros, an industry leader in real-time ocean insights for maritime and offshore operations, has laun...
Maersk to move operations from major port
Categories: News Flash
Date: Nov 22, 2024
A major container shipping company has announced it will no longer use the Port of Felixstowe for it...
Liquid Wind raises €44 million in Series C financing with Uniper, HYCAP and Samsung Ventures to meet increasing demand for low-carbon eFuels
Categories: News Flash
Date: Nov 22, 2024
Liquid Wind, the leading Swedish eFuel facility developer has raised €44 million in Series C finan...
IMO Gender Equality Award to go to maritime entrepreneur Karin Orsel
Categories: News Flash
Date: Nov 22, 2024
Celebrated maritime entrepreneur is a long-time advocate for diversity and inclusion in the shipping...
Oldendorff Successfully Installs Rotor Sails
Categories: News Flash
Date: Nov 22, 2024
Oldendorff Carriers (Oldendorff) is pleased to announce the successful installation and operational ...
Asia Fuel Oil-Markets steady; Singapore inventories draw lower
Categories: News Flash
Date: Nov 22, 2024
Spot fuel oil markets were broadly stable on Thursday, while weekly inventories at Singapore drew lo...