News Flash
Europe & Africa Fuel Availability Outlook
Categories: News Flash
Date: Nov 23, 2023
Northwest Europe Prompt supply of HSFO is said to be tight in the ARA bunkering hub, requiring l...
Maersk enters deal for half a million tonnes of green methanol annually.
Categories: News Flash
Date: Nov 23, 2023
Maersk MAERSKb.CO on Wednesday announced it had entered into the shipping industry’s first large-...
Morocco Project Update: Successful Completion of Industrial Demonstration Test
Categories: News Flash
Date: Nov 23, 2023
Quadrise Plc., the supplier of innovative energy solutions for a cleaner planet, provides an update...
Sharing Information within the Group Using Video Communication Site for Employees “K” Line
Categories: News Flash
Date: Nov 23, 2023
Kawasaki Kisen Kaisha, Ltd. (“K” LINE) manages “K” Line, the video communication site for e...
The European Parliament abandoning the “Carbon Correction Factor” is good news for shipping.
Categories: News Flash
Date: Nov 23, 2023
The Parliament has listened to reason and in a vote on CO2-regulation of heavy-duty vehicles decide...
World’s First Methanol-Fuelled Engine Ordered for VLCC Segment
Categories: News Flash
Date: Nov 23, 2023
China Merchants Energy Shipping (CMES), the Shanghai-listed shipping giant and daughter company of ...
Baltic index slips on weaker capesize rates.
Categories: News Flash
Date: Nov 23, 2023
The Baltic Exchange’s main sea freight index extended declines to a third straight session on Wed...
Asia Naphtha/Gasoline-Gasoline dips on thin trade; oil demand outlook seen bearish.
Categories: News Flash
Date: Nov 23, 2023
Asia’s gasoline prices GL92-SIN edged lower on Wednesday as refining margins remained weak while ...
Asia Fuel Oil-VLSFO rally pares while market eyes supply drivers.
Categories: News Flash
Date: Nov 23, 2023
Asia’s spot market for very low sulphur fuel oil (VLSFO) eased on Wednesday, as trade participant...
River Rhine in south Germany re-opened to shipping as water levels fall.
Categories: News Flash
Date: Nov 23, 2023
The river Rhine in south Germany was re-opened to shipping on Tuesday night after being closed afte...
Aries International Maritime Research Institute (AIMRI) wins SKOCH Order of Merit for Industrial Maritime Skill Training
Categories: News Flash
Date: Nov 22, 2023
In a dazzling affair at the Annexe Hall, Constitution Club of India, New Delhi, on the 18th of Nove...
Harbor Lab Hosts 1st Global Agent Summit in Athens
Categories: News Flash
Date: Nov 22, 2023
Harbor Lab, the disbursements account maritime software company, has held its first exclusive Port ...
Ship Recycling Enters “Slow Season” Mode
Categories: News Flash
Date: Nov 22, 2023
The ship recycling market has experienced slow activity as the Diwali festivities took over. In its...
Marfin trial with Logothetis-backed SulNOx yields fuel savings of up to 6.4%
Categories: News Flash
Date: Nov 22, 2023
Marfin Management S.A.M., the Monaco based Dry-Bulk ship manager, has successfully concluded an ini...
Dry Bulk Owner Golden Ocean, Reports Lower Third Quarter Income
Categories: News Flash
Date: Nov 22, 2023
Golden Ocean Group Limited, the world’s largest listed owner of large size dry bulk vessels, toda...
Holding “K” LINE UNIVERSITY 2023
Categories: News Flash
Date: Nov 22, 2023
Kawasaki Kisen Kaisha, Ltd. (“K” LINE) organized “K” LINE UNIVERSITY 2023 (KLU 2023) to dis...
AMSC ASA – Third quarter 2023 results
Categories: News Flash
Date: Nov 22, 2023
AMSC ASA announces results for the third quarter and nine months ending 30 September 2023. HIGHL...
Baltic index extends losses, panamax climbs to over 1-year high.
Categories: News Flash
Date: Nov 22, 2023
The Baltic Exchange’s main sea freight index declined for the second straight session on Tuesday,...
Asia Fuel Oil-VLSFO, HSFO fall ahead of OPEC+ meeting.
Categories: News Flash
Date: Nov 22, 2023
Cargo differentials for both very low sulphur fuel oil (VLSFO) and high sulphur fuel oil (HSFO) dip...
Bullish IEA, OPEC oil demand forecasts at odds with modest gains in Asia’s imports
Categories: News Flash
Date: Nov 20, 2023
The International Energy Agency (IEA) and producer group OPEC are sticking to bullish forecasts for...
NYK Group, Stolt Tankers, and ENEOS Ocean Launch Chemical Ship Pool Business
Categories: News Flash
Date: Nov 20, 2023
The NYK Group, Stolt Tankers B.V., and ENEOS Ocean Corporation launched a chemical ship pool busine...
India ship regulator to take government advice on sanctioned Russian oil vessel
Categories: News Flash
Date: Nov 20, 2023
India’s shipping ministry will follow foreign ministry advice when deciding whether to allow a sh...
Asia spot prices steady amid high stocks, muted demand
Categories: News Flash
Date: Nov 20, 2023
Asian spot liquefied natural gas (LNG) prices were little changed this week, amid high inventory le...
US drillers add oil and gas rigs for the first time in three weeks – Baker Hughes
Categories: News Flash
Date: Nov 20, 2023
U.S. energy firms this week added oil and natural gas rigs for the first time in three weeks, as th...
LNG floating storage starts to offload in Europe as gas storage withdrawals begin
Categories: News Flash
Date: Nov 20, 2023
LNG cargoes floating near the shores of Europe have begun to unload in November, as natural gas sto...
Zhoushan’s balance-Nov term ex-wharf LSFO bunker premiums surge, supplies tighten
Categories: News Flash
Date: Nov 20, 2023
The term contractual ex-wharf 0.5%S marine fuel cargoes for the balance of November’s supply at t...
Rhenus modernises its canal push boats with the latest generation of engines
Categories: News Flash
Date: Nov 20, 2023
The Rhenus Group has made major changes to re-equip two canal pushboats operated by Deutsche Binnen...
Drewry: World Container Index Down 2% Last Week
Categories: News Flash
Date: Nov 20, 2023
Drewry’s World Container Index decreased by 2% to $1,469 per 40ft container this week. Our det...
GMS Week 46 – BRIGHTER DAYS AHEAD?
Categories: News Flash
Date: Nov 20, 2023
As Diwali holiday celebrations concluded earlier in the week, Alang Recyclers seems to slowly be&nb...
Ukraine’s food exports to Asia and Africa fall due to blocked seaports -association
Categories: News Flash
Date: Nov 17, 2023
Ukraine has sharply reduced its exports of farm goods to Asian and African countries so far in 2023...
Vitol hires ship to load Venezuela crude for China after U.S. lifts sanctions – sources
Categories: News Flash
Date: Nov 17, 2023
Vitol, world’s largest independent oil trader, has provisionally chartered a supertanker to load ...
Dalian iron ore falls as China steps in to tame prices
Categories: News Flash
Date: Nov 17, 2023
Dalian iron ore futures fell on Thursday, as Chinese authorities intervened to control soaring pric...