News Flash
Asia Distillates-Activity ticks up; one refiner selling prompt cargoes
Categories: News Flash
Date: Jul 05, 2024
Asia’s middle distillates markets saw an uptick in paper and physical discussions as ICE gasoil fu...
IMO Secretary-General to join industry leaders at Global Maritime Forum Annual Summit in Tokyo
Categories: News Flash
Date: Jul 05, 2024
International Maritime Organization (IMO) Secretary-General Arsenio Dominguez will attend this year...
Russian June gasoline exports by rail jump after ban waived, Afghanistan sales surge
Categories: News Flash
Date: Jul 05, 2024
Russian gasoline exports by rail jumped by more than 70% in June from May to 423,101 metric tons aft...
US crude exports to Europe hit a two-year low in June
Categories: News Flash
Date: Jul 05, 2024
U.S. crude shipments bound for Europe fell to a two-year low in June as European buyers bought cheap...
NAPA and Union Marine Management Services enter agreement on Voyage Optimization and CII simulator deployment
Categories: News Flash
Date: Jul 05, 2024
New partnership on digital integration will help reduce emissions and support compliance for an init...
Korea plans $1.4bn investment for smart shipbuilding projects
Categories: News Flash
Date: Jul 04, 2024
The Republic of Korea’s industry ministry said Tuesday it plans to pursue investment projects wort...
Technology Innovators RINA and ROTOBOOST join SEA-LNG
Categories: News Flash
Date: Jul 04, 2024
RINA, a world-leading inspection, certification and consulting engineering multinational and ROTOBOO...
Russian LNG exports up in H1 but set to fall due to maintenance
Categories: News Flash
Date: Jul 04, 2024
Russia’s Liquefied Natural Gas (LNG) exports rose 2.7% in the first half of the year to 16.79 mill...
Vitol invests in future of LNG bunkering by securing three LNG Bunkering Vessels
Categories: News Flash
Date: Jul 04, 2024
Vitol has secured three LNG Bunkering Vessels (“LNGBV”) through its shipping company, Vitol Inte...
Asia Fuel Oil-HSFO range-bound; more July tenders underway
Categories: News Flash
Date: Jul 04, 2024
Asia’s High Sulphur Fuel Oil benchmarks were range-bound on Wednesday, while more tenders were und...
FUJAIRAH DATA: Oil product stocks drop to nine-month low
Categories: News Flash
Date: Jul 04, 2024
Stockpiles of oil products at the UAE’s Port of Fujairah dropped to a nine-month low as of July 1,...
Tanker market in unfamiliar equilibrium as demand levels stay ‘higher for longer’
Categories: News Flash
Date: Jul 04, 2024
Large scale route diversions as a consequence of the Red Sea/Suez Canal crisis have seen deadweight ...
WAF-UKC Suezmax rate dips below w100 for first time since May 15
Categories: News Flash
Date: Jul 04, 2024
The freight rate for the key West Africa-UK/Continent Suezmax run, exclusive of EU Emissions Trading...
Baltic index snaps 5-day winning streak on lower vessels rates
Categories: News Flash
Date: Jul 04, 2024
The Baltic Exchange’s main sea freight index, which tracks rates for ships ferrying dry bulk commo...
Folk Maritime signs deal with Bahri Ship Management to strengthen its fleet capabilities
Categories: News Flash
Date: Jul 04, 2024
Folk Maritime Services Company, a PIF company and one of the region’s leading feeder and short-sea...
Oil bulls advance cautiously as stocks expected to fall
Categories: News Flash
Date: Jul 03, 2024
Investors purchased petroleum for the third week running as bearishness triggered by the OPEC+ meeti...
Wärtsilä ammonia fuel supply and cargo handling systems selected for two more EXMAR vessels at Hyundai Mipo Dockyards
Categories: News Flash
Date: Jul 03, 2024
Wärtsilä Gas Solutions (WGS), part of technology group Wärtsilä, will deliver the fuel supply an...
Shipping firm HMM deploys new carbon capture system on vessels
Categories: News Flash
Date: Jul 03, 2024
HMM, Korea’s largest container shipper, deployed new proprietary technology in the voyage of 2,200...
Baltic index rises for fifth straight day on strong capesize demand
Categories: News Flash
Date: Jul 03, 2024
The Baltic Exchange’s main sea freight index, which tracks rates for ships ferrying dry bulk commo...
US crude, products stockpiles seen down last week
Categories: News Flash
Date: Jul 03, 2024
U.S. crude oil and product stockpiles were expected to have fallen last week; a preliminary Reuters ...
Consort Bunkers, ClassNK, Yanmar, and Taiko accelerate towards Alternative Fuel Bunkering with new MOU
Categories: News Flash
Date: Jul 03, 2024
Consort Bunkers Pte. Ltd., ClassNK, Yanmar Asia (Singapore) Corporation Pte Ltd, and Taiko Asia Paci...
Container shipping rates to Europe firm up
Categories: News Flash
Date: Jul 03, 2024
The cost of shipping cargo containers from India to Europe has firmed up after major carriers raised...
Strategic Partnership Announcement Between GMCG and ARCHE
Categories: News Flash
Date: Jul 03, 2024
GMCG, a Global Leader In Engineering And Consultancy, and Arche Energy, a prominent player in Austra...
Rising US Imports Drive Increased Activity in the US Container Trading Market, Container xChange Survey Reveals
Categories: News Flash
Date: Jul 03, 2024
A recent survey conducted by Container xChange, on its platform, revealed that the container (shippi...
Innovative onboard research to improve crew health and wellbeing through social interaction
Categories: News Flash
Date: Jul 03, 2024
Crews on vessels from the shipping, cruise, and superyacht industries will take part in innovative o...
Iron ore at almost 2-week high on better China data, stimulus hopes
Categories: News Flash
Date: Jul 02, 2024
Iron ore futures prices rose on Monday to their highest levels in nearly two weeks, helped by better...
Trans Mountain oil pipeline just shy of target for first-month loadings
Categories: News Flash
Date: Jul 02, 2024
About 20 ships loaded crude oil on Canada’s West Coast in the first full month of operation on the...
Turkey resumed oil imports from Iran in March after 4 years: data shows
Categories: News Flash
Date: Jul 02, 2024
Figures by the European Union’s statistics agency, Eurostat, show that Turkey resumed importing oi...
Cydome Announces Productized Support for IACS Unified Requirements E26 Regulation
Categories: News Flash
Date: Jul 02, 2024
Cydome, a maritime cybersecurity solutions leader, today announced the general availability of its p...
Gard acquires global Marine and Energy portfolio
Categories: News Flash
Date: Jul 02, 2024
Gard today announced its acquisition of Codan’s global Marine and Energy (M&E) portfolio. With...
Kongsberg Maritime Introduces First Underwater Mountable Thruster with Permanent Magnet Motor, Boosting Responsiveness and Efficiency
Categories: News Flash
Date: Jul 02, 2024
Kongsberg Maritime has introduced a new size of underwater mountable azimuth thruster with a 3.7 met...
ICS Publications announces the launch of the Global Health Emergency Guide, First Edition
Categories: News Flash
Date: Jul 02, 2024
International Chamber of Shipping (ICS) Publications is proud to announce the launch of the ‘Globa...