News Flash
Shipowners and managers must look at solutions to help them comply with upcoming FuelEU Maritime rules, says Columbia Group
Categories: News Flash
Date: Jul 17, 2024
Solutions must be in place to help ship owners with navigating the complex challenges of complying w...
Pakistan's Largest Refiner to Export Around 50,000 Mt Of Fuel Oil Amid Weak Domestic Demand
Categories: News Flash
Date: Jul 16, 2024
Pakistan's government has allowed the country's biggest refiner, Pak Arab Refinery, to export around...
CSP Abu Dhabi Terminal Surpasses Throughput Of 5 mln TEUs
Categories: News Flash
Date: Jul 16, 2024
The cumulative throughput at the CSP Abu Dhabi Terminal surpassed 5 million TEUs (twenty-foot equiva...
Asia Fuel Oil-HSFO Softens, More Residual Fuel Tenders Underway
Categories: News Flash
Date: Jul 16, 2024
Benchmarks for High Sulphur Fuel Oil (HSFO) eased on Monday, while more residual fuel tenders were u...
China Takes Lead In Shipping Russian Crude Amid New High For Non-G7 Share
Categories: News Flash
Date: Jul 16, 2024
More than 80% of Russian crude exports were transported by tankers operating outside of the G7's pri...
Baltic Index Declines as Capesize Rates Fall
Categories: News Flash
Date: Jul 16, 2024
The Baltic Exchange's main sea freight index, which tracks rates for ships ferrying dry bulk commodi...
Adani Plans to Build Port in Vietnam
Categories: News Flash
Date: Jul 16, 2024
Adani Ports and Special Economic Zone Ltd. has secured an “in-principle approval from the Vietname...
HD Korea Shipbuilding Wins US$2.67 Billion Order to Build 12 Container Carriers
Categories: News Flash
Date: Jul 16, 2024
According to Yonhap, HD Korea Shipbuilding & Offshore Engineering Co., a major South Korean ship...
Maersk Introduces SH3 Ocean Service Between China and Bangladesh
Categories: News Flash
Date: Jul 16, 2024
A.P. Moller-Maersk (Maersk) launched a new ocean shipping service between China and Bangladesh to me...
Singapore's Bunker Sales Rise 8.5% In The First Half Of 2024
Categories: News Flash
Date: Jul 16, 2024
Sales of marine bunker fuel at Singapore climbed 8.5% in the first half of 2024, official data showe...
Seaspan Shipyards welcomes the formation of the “ICE Pact”
Categories: News Flash
Date: Jul 16, 2024
Seaspan Shipyards welcomes the formation of the Icebreaker Collaboration Effort (ICE Pact), the tril...
Brazil's Manaus port applies low water surcharge anticipating drought season
Categories: News Flash
Date: Jul 15, 2024
Companies operating at Brazil's inland Manaus port, located on the Rio Negro in Amazonas state, have...
First Senegalese crude cargoes bound for Dutch, German refineries: sources
Categories: News Flash
Date: Jul 15, 2024
Senegal's first ever crude cargoes will supply refineries in the Netherlands and Germany, according ...
Indian refiners likely saved at least $10 bn due to discounted Russian oil
Categories: News Flash
Date: Jul 15, 2024
Indian refiners may have been able to save at least $10.5 billion by purchasing Russian oil at disco...
Will the alternative steel making process suppress Capesize charter rates in the long term?
Categories: News Flash
Date: Jul 15, 2024
Even though the steel making process tries to move away from the blast furnace-based route (that dep...
Signing of the Oslo Declaration: 5 policy questions related to CCUS
Categories: News Flash
Date: Jul 15, 2024
Port of Antwerp-Bruges, Fluxys and key players from the chemical industry signed the Oslo Declaratio...
Integrating Navtor’s bunkers on board data with lubricant procurement
Categories: News Flash
Date: Jul 15, 2024
Closelink GmbH, the leader in marine lubricant procurement, is excited to announce an integration wi...
India plans ship building JV between state-run refiners and Shipping Corporation of India
Categories: News Flash
Date: Jul 15, 2024
New Delhi: the Union ministry of shipping has proposed a joint venture between state-run Shipping Co...
Port State Control - 2024 Concentrated Inspection Campaign on Crew Wages and Seafarer Employment Agreements
Categories: News Flash
Date: Jul 15, 2024
The meeting reviewed the results of various inspection campaigns and planned future ones. Con...
Asian spot LNG prices remain above $12 for eighth week running
Categories: News Flash
Date: Jul 15, 2024
Asian spot Liquefied Natural Gas (LNG) prices fell slightly this week, tracking European gas prices,...
French Tonnage Tax Regime: a prime target in the midst of legislative elections
Categories: News Flash
Date: Jul 15, 2024
Following the recent dissolution of the French National Assembly, the country is preparing for early...
Oil Tanker Seized By Iran In 2023 Bound For Oman Port, Shows Tracking Data
Categories: News Flash
Date: Jul 13, 2024
On Thursday, ship tracking data showed the vessel moving to international waters, with its destinati...
China's June Coal Imports Rise As Heat Boosts Electricity Demand
Categories: News Flash
Date: Jul 13, 2024
Customs data showed on Friday that China's coal imports in June rose 12% year-on-year, as heatwaves ...
Nine Ports Compete for The ESPO Award 2024, Rewarding Circular Economy Projects in Europe’s Ports
Categories: News Flash
Date: Jul 13, 2024
The ESPO secretariat received nine submissions for the 16th edition of the ESPO Award. In accorda...
Adani Ports Aims To Complete Phase One Of Long-Delayed Port By Year-End
Categories: News Flash
Date: Jul 13, 2024
Adani Ports expects to complete the first of four phases of a key transshipment container port in so...
Russia's May Seaborne Oil Product Exports Up 10.4% M/M, Calculations Show
Categories: News Flash
Date: Jul 13, 2024
Russia's seaborne oil product exports in May rose to 9.595 million metric tons, up 10.4% month on mo...
Bangladeshi Banking Sector Called to Action On Ship Recycling
Categories: News Flash
Date: Jul 13, 2024
Bangladesh’s banking and finance sector is being invited to step up support for the country’s sh...
China June Crude Oil Imports Fall 11% On Year, H1 Imports Down 2.3%
Categories: News Flash
Date: Jul 13, 2024
China's crude oil imports in June were down 11% from a high base a year earlier, official customs da...
World Maritime Day Theme 2025: Our Ocean - Our Obligation - Our Opportunity
Categories: News Flash
Date: Jul 13, 2024
Protecting the ocean is central to the 2025 world maritime theme. Our Ocean - Our Obligation - Ou...
Asia Fuel Oil-VLSFO Margin Logs Weekly Drop Amid Ample Prompt Supply
Categories: News Flash
Date: Jul 13, 2024
Refining margins for Very Low Sulphur Fuel Oil (VLSFO) posted a weekly decline as of Friday, accordi...
Baltic Index Logs Weekly Gain On Higher Vessel Rates
Categories: News Flash
Date: Jul 13, 2024
The Baltic Exchange's main sea freight index, which tracks rates for ships ferrying dry bulk commodi...
Extreme weather halts container traffic at Cape of Good Hope
Categories: News Flash
Date: Jul 12, 2024
Severe weather conditions near the Cape of Good Hope have halted container traffic this week, accord...