News Flash

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Iron ore falls as China property market woes outweigh stimulus cheer

Categories: News Flash

Date: Jan 31, 2024

Iron ore futures dropped on Tuesday as concerns over the indebted property sector in top consumer C...

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Baseblue and Bunker One Collaborate on GHG-Reduction Initiative with Wagenborg Shipping

Categories: News Flash

Date: Jan 31, 2024

Baseblue, a maritime energy solutions provider, has joined forces with Bunker One to spearhead the ...

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India on track to export record-low diesel to Europe in Jan as Red Sea risks weigh

Categories: News Flash

Date: Jan 31, 2024

India’s exports of low-sulphur diesel to Europe are poised to hit a fresh two-year low in January...

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Clean energy growth gives ammonia and methanol export trades the green light

Categories: News Flash

Date: Jan 31, 2024

The role of alternative fuels in powering the low-carbon economy will dramatically increase volumes...

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Asia Fuel Oil-Cargo premium uptrend pares on amply-supplied market

Categories: News Flash

Date: Jan 31, 2024

Asia’s cargo premium for very low sulphur fuel oil (VLSFO) eased on Tuesday amid a backdrop of am...

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Seanergy Maritime Achieves Key Partnership with European Union Funding and Major Industry Stakeholders Under SAFeCRAFT to Revolutionize Maritime Propulsion for Existing Vessels

Categories: News Flash

Date: Jan 31, 2024

Seanergy Maritime Holdings Corp., through its wholly-owned subsidiary Seanergy Shipmanagement Corp....

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Baltic index slips on weaker rates across segments

Categories: News Flash

Date: Jan 31, 2024

The Baltic Exchange’s dry bulk sea freight index fell on Tuesday, logging its biggest decline in ...

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Air freight rates rise amid Red Sea crisis and in run-up to Asia’s Lunar New Year

Categories: News Flash

Date: Jan 31, 2024

Global air freight rates have climbed for the first time in seven weeks ahead of Asia’s lunar new...

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ABB and Norwegian Cruise Line Holdings expand long-term partnership

Categories: News Flash

Date: Jan 30, 2024

ABB and Norwegian Cruise Line Holdings (NCLH) have signed a long-term partnership agreement to acce...

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Trafigura assesses Red Sea risks after tanker attacked by Houthis

Categories: News Flash

Date: Jan 30, 2024

Commodities trader Trafigura said on Saturday it was assessing the security risks of further Red Se...

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Comprehensively Providing the Japan Coast Guard with Marine Data Collected by Vessels in the Seas around Japan via IoS-OP

Categories: News Flash

Date: Jan 30, 2024

Kawasaki Kisen Kaisha, Ltd. (“K” LINE) is pleased to announce that its commencement provision o...

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HD Hyundai Names World’s First Methanol-Powered Container Ship

Categories: News Flash

Date: Jan 30, 2024

HD Hyundai announced on Jan. 28 that it held a naming ceremony for a 16,200 TEU methanol-powered su...

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Ocean Technologies Group Launches Tender Boat Operator Training Course

Categories: News Flash

Date: Jan 30, 2024

Ocean Technologies Group (OTG), the leading global provider of Human Capital Management solutions f...

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Pacific International Lines First Shipping Line To Complete Full Integration With SGTraDex In Collaboration With KPI OceanConnect

Categories: News Flash

Date: Jan 30, 2024

Pacific International Lines (PIL) has successfully completed full integration with the Singapore Tr...

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Shipping is sizing up energy transition opportunities

Categories: News Flash

Date: Jan 30, 2024

industry is closely evaluating ordering, fuel and technology options now that there is greater clar...

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Dalian iron ore climbs to 3-week high on China demand hope

Categories: News Flash

Date: Jan 30, 2024

Iron ore prices in China hit a three-week high on Monday on hopes of improving demand amid policy s...

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Asia Fuel Oil-VLSFO markets gain on firm bunkering demand hopes

Categories: News Flash

Date: Jan 30, 2024

Asia’s very low sulphur fuel oil (VLSFO) market inched higher on Monday on the back of growing de...

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Baltic index slips as bigger vessel rates fall

Categories: News Flash

Date: Jan 30, 2024

The Baltic Exchange’s dry bulk sea freight index fell on Monday, logging its worst session in two...

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Korean Shipbuilders Sweep Orders for VLACs

Categories: News Flash

Date: Jan 29, 2024

Korean shipbuilders have won all the orders for very large ammonia carriers (VLACs) ordered this ye...

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Stitching together a new era of streamlined supply chains

Categories: News Flash

Date: Jan 29, 2024

The background A renowned American fashion giant found itself tangled in a knotty supply chain c...

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Israel’s Ashdod port sees strategic risk from China during Gaza war

Categories: News Flash

Date: Jan 29, 2024

Israel’s government-run port of Ashdod has complained that a rival Chinese-run terminal at the no...

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US LPG, LNG freights diminish despite Red Sea attacks

Categories: News Flash

Date: Jan 29, 2024

LPG and LNG freight rates to Europe remain depressed on slim demand and full storages, with the imp...

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Navig8 takes delivery of the first of six Eco-friendly newbuild MR IMO 2 vessels

Categories: News Flash

Date: Jan 29, 2024

The Navig8 Excel will utilise a range of technologies that improve operational efficiency, lessen f...

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Trafigura assesses Red Sea risks after tanker attacked by Houthis

Categories: News Flash

Date: Jan 29, 2024

Commodities trader Trafigura said on Saturday it was assessing the security risks of further Red Se...

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Clean LR2 freight at almost four-year highs as Red Sea conflict squeezes supply

Categories: News Flash

Date: Jan 29, 2024

Clean tankers’ freight rate for Europe-bound voyages Jan. 25 hit its highest level in almost four...

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Red Sea, Black Sea and Panama Canal: UNCTAD raises alarm on global trade disruptions

Categories: News Flash

Date: Jan 29, 2024

The UN’s trade and development body, UNCTAD, has raised profound concerns over escalating disrupt...

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Shipping transits through Suez Canal plunge 42% amid Houthi attacks

Categories: News Flash

Date: Jan 29, 2024

Weekly shipping transits through the Suez Canal, a vital trade link between Europe and Asia, plunge...

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Sanctions squeezing Sibur’s supply of tankers for Ust-Luga LPG, sources say

Categories: News Flash

Date: Jan 29, 2024

Russia’s largest petrochemical company and exporter of liquefied petroleum gas (LPG) Sibur is red...

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U.S. monthly dry natural gas production set a new record in December 2023

Categories: News Flash

Date: Jan 25, 2024

U.S. dry natural gas production in the Lower 48 states reached an all-time monthly high of 105.5 bi...

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Iron ore extends gain as China pledges lift sentiment

Categories: News Flash

Date: Jan 25, 2024

Iron ore futures climbed for the second consecutive session on Wednesday, aided by improved risk se...

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Russia’s place as top crude supplier to India under pressure for first time since October 2022

Categories: News Flash

Date: Jan 25, 2024

An increase in Iraqi crude volumes this month means that Russian crude may be eclipsed as India’s...

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MISC Group Continues Its Growth Agenda, Supporting Energy Security and Transition Initiatives Responsibly and Sustainably

Categories: News Flash

Date: Jan 25, 2024

The MISC Group (The Group) today strengthens its position as a progressive maritime conglomerate wi...