News Flash

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Hapag-Lloyd to offer land transit through Saudi Arabia amid Red Sea disruption

Categories: News Flash

Date: Jan 23, 2024

German shipping group Hapag-Lloyd HLAG.DE will continue to route its vessels around the Cape of Goo...

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Asia Fuel Oil-VLSFO cargo premium retreats while HSFO steadies

Categories: News Flash

Date: Jan 23, 2024

Asia’s very low sulphur fuel oil (VLSFO) market eased on Monday following a small rally last week...

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Crew recruitment is more challenging, Danica crew manager survey reveals

Categories: News Flash

Date: Jan 23, 2024

Recruitment of seafarers is getting harder according to a survey of crew managers conducted by Dani...

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Baltic Index Climbs For Third Straight Session On Firm Rates For Larger Vessels

Categories: News Flash

Date: Jan 23, 2024

The Baltic Exchange’s dry bulk sea freight index gained for a third straight session on Monday, b...

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Asia spot prices slip below $10/mmBtu despite Red Sea tensions

Categories: News Flash

Date: Jan 22, 2024

Asian spot liquefied natural gas (LNG) prices dipped below $10 per million British thermal units (m...

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Red Sea shipping diversions to boost container sector emissions

Categories: News Flash

Date: Jan 22, 2024

The continuing disruption of shipping traffic transiting the Red Sea area looks set to boost vessel...

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Greece: Getting ready for a rebound

Categories: News Flash

Date: Jan 22, 2024

Surprisingly soft recent growth numbersAfter a solid second quarter, Greek seasonally adjusted GDP ...

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Simplifying ships from shore

Categories: News Flash

Date: Jan 22, 2024

In a climate of increasing complexity, with new regulations, environmental concerns and commercial ...

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Global coal exports and power generation hit new highs in 2023

Categories: News Flash

Date: Jan 22, 2024

Worldwide electricity generation from coal hit record highs in 2023, while thermal coal exports sur...

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China’s 2023 coal imports from Australia rise, but below pre-ban era

Categories: News Flash

Date: Jan 22, 2024

China’s coal imports from Australia picked up in 2023 after a ban of nearly two years was lifted,...

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Qatar set to sign cheaper long-term LNG deal with India

Categories: News Flash

Date: Jan 22, 2024

Qatar Energy within weeks could sign a long-term deal to provide liquefied natural gas (LNG) to Ind...

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Red Sea war insurance rises with more ships in firing line

Categories: News Flash

Date: Jan 22, 2024

War risk insurance premiums for shipments through the Red Sea are rising after further attacks on m...

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Asian iron ore near-term prices unlikely to rebound on subdued spot demand

Categories: News Flash

Date: Jan 22, 2024

Seaborne iron ore prices after declining significantly from their 19-month high level are unlikely ...

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CMA CGM reroutes more ships to avoid Red Sea attacks

Categories: News Flash

Date: Jan 22, 2024

One of the world’s largest container shipping groups CMA CGM on Friday said it would reroute a we...

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Iron ore drops as China cenbank’s rate move defies expectation

Categories: News Flash

Date: Jan 16, 2024

Iron ore futures prices dropped for a second consecutive session on Monday as top consumer China de...

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EU’s eastern members demand import duties on Ukraine grains

Categories: News Flash

Date: Jan 16, 2024

The European Union’s eastern states are demanding the EU impose import duties on Ukraine grains, ...

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Qatar pauses Red Sea tankers after Western strikes on Houthis

Categories: News Flash

Date: Jan 16, 2024

Qatar’s state energy company, one of the world’s biggest liquefied natural gas exporters, has p...

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Oil consumption and prices revert to trend

Categories: News Flash

Date: Jan 16, 2024

Global consumption of petroleum and other liquids hit a record high last year and is forecast to in...

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Chinese shipyards working all-out to make vehicle-carrying vessels

Categories: News Flash

Date: Jan 16, 2024

Chinese shipyards are busy producing a special type of vessel – known as a ro-ro – to match the...

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Sea launches Carbon Exposure solution for pre-fixture decision-making

Categories: News Flash

Date: Jan 16, 2024

Sea, the intelligent marketplace for fixing freight, is launching a Carbon Exposure solution that w...

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Brave Maritime Corp Takes Delivery Of Gas Newbuilds And Acquires Additional Bulkers

Categories: News Flash

Date: Jan 16, 2024

Brave maritime corp. has taken delivery of four new state of the art 40,000 cbm AMMONIA carries fro...

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Asia Fuel Oil-Cash premiums up slightly; Kuwait offers more HSFO

Categories: News Flash

Date: Jan 16, 2024

Cash premiums for fuel oil inched higher in Asia on Monday, while Kuwait’s KPC offered more high ...

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Russia’s oil freight costs ease despite sanctions, weather, Red Sea attacks -traders

Categories: News Flash

Date: Jan 16, 2024

Russia’s oil shipping costs to Asia from its main Baltic ports eased in early 2024, despite secur...

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Baltic index slides to 4-month low on seasonal lull

Categories: News Flash

Date: Jan 16, 2024

The Baltic Exchange’s dry bulk sea freight index on Monday extended its losing run to a four-mont...

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Cargo contamination can cost you dearly.

Categories: News Flash

Date: Jan 15, 2024

Be aware: Costly liquid cargo contamination can arise when the last cargo onboard is coconut oil, p...

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Plaquemines Port and APM Terminals Unveil Strategic Partnership to Develop a Major Container Terminal

Categories: News Flash

Date: Jan 15, 2024

Plaquemines Port Harbor and Terminal District (Plaquemines Port) proudly announces the execution of...

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MAN Energy Solutions and Karpowership signed a contract for 48 dual-fuel engines

Categories: News Flash

Date: Jan 15, 2024

MAN Energy Solutions and Karpowership have signed a contract for the delivery of a total of 48 dual...

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Daring to question the markets’ rate expectations.

Categories: News Flash

Date: Jan 15, 2024

Call us daredevils. The new year started with the global economy’s same old problems: high geo...

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Asia spot prices fall to a 7-month low as stocks remain plentiful

Categories: News Flash

Date: Jan 15, 2024

Asian spot Liquefied Natural Gas (LNG) prices slid for an eighth consecutive week to hit their lowe...

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Middle East crisis: US and UK can’t allow one of the busiest shipping lanes to become the Wild West

Categories: News Flash

Date: Jan 15, 2024

One of the world’s busiest shipping lanes can’t just become the Wild West that’s the rational...

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Decision time for oil and gas companies in 2024

Categories: News Flash

Date: Jan 15, 2024

The corporate oil and gas sector faces a year of big decisions in 2024. Consolidation will remain i...

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Container rates soar on concerns of prolonged Red Sea disruption

Categories: News Flash

Date: Jan 15, 2024

Container shipping rates for key global routes have soared this week, with U.S. and UK air strikes ...