News Flash
Asia Fuel Oil-VLSFO cash premium extends slide for sixth session
Categories: News Flash
Date: Oct 25, 2023
Asia’s cash premium for 0.5% very low sulphur fuel oil (VLSFO) eased for a sixth consecutive sess...
Vitol targets Asia biofuel growth with specialist bunker barges
Categories: News Flash
Date: Oct 25, 2023
Vitol is strengthening its position in Asia’s expanding biofuel market, with the delivery of spec...
Integr8 Fuels: Robust Regulation and Licensing Key to Ensuring ARA’s Mass Flow Meter Mandate is a Success
Categories: News Flash
Date: Oct 25, 2023
On 19 October, the Port of Rotterdam and Antwerp-Bruges Port Authority officially confirmed that Ma...
Cross-UKC Aframax freight rate hits YTD high amid North Sea tonnage crunch
Categories: News Flash
Date: Oct 25, 2023
Aframax dirty tanker freight rates for cross UK-Continent voyages rose sharply on the day Oct. 23, ...
Baltic index falls for fourth straight day on weaker capesize rates
Categories: News Flash
Date: Oct 25, 2023
The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodit...
Raízen And Wärtsilä Sign Agreement to Accelerate Fleet Sustainability through Ethanol-Based Solutions
Categories: News Flash
Date: Oct 23, 2023
Decarbonization agreement aims to explore use of ethanol as marine fuel to reduce GHG emissions and...
EXMAR, ENI And Dry Docks World Dubai Celebrate The Sail Away Of Tango FLNG And Excalibur FSU Vessels To Congo
Categories: News Flash
Date: Oct 23, 2023
In the presence of the Ministry of Hydrocarbons of the Republic of Congo, Bruno Jean Richard Itoua,...
China’s weekly coastal bulk freight index remains flat
Categories: News Flash
Date: Oct 23, 2023
China’s coastal bulk freight index remained flat in the week ending Oct 20, according to the Shan...
Transformational Technologies, Sustainability Solutions Lead ABS Japan National Committee Meeting
Categories: News Flash
Date: Oct 23, 2023
Maritime industry leaders came together at the annual ABS Japan National Committee Meeting to discu...
Baltic index posts seventh straight weekly gain
Categories: News Flash
Date: Oct 23, 2023
The Baltic Exchange’s dry bulk sea freight index, tracking rates for ships carrying dry bulk comm...
Valencia port’s traffic increases again
Categories: News Flash
Date: Oct 23, 2023
Traffic is growing again at Valenciaport. After six months reflecting downward records, the Statist...
Why has OPEC increased its long-term oil demand outlook in the WOO 2023?
Categories: News Flash
Date: Oct 23, 2023
This past year has seen the OPEC Secretariat research team take onboard a variety of energy policy ...
Strongest September On Record At Port Of Long Beach
Categories: News Flash
Date: Oct 23, 2023
The Port of Long Beach achieved its busiest September on record, boosted by consumer demand for hol...
Global LNG: Asia spot prices rise on stronger northeast Asian demand
Categories: News Flash
Date: Oct 23, 2023
Asian spot liquefied natural gas (LNG) prices rose more than $3 this week to a near nine-month high...
Inflation, commercial real estate among top financial stability concerns -Fed survey
Categories: News Flash
Date: Oct 23, 2023
The chance for persistent inflation to keep interest rates higher and potential losses in the comme...
Capesize gains propel the Baltic index to the fourth straight day of gains
Categories: News Flash
Date: Oct 19, 2023
The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodit...
‘No question’ that the decarbonization of shipping will contribute to inflation, says industry CEO.
Categories: News Flash
Date: Oct 19, 2023
The cost of decarbonizing the shipping industry will have a knock-on effect on consumers, according...
Ships with Ukrainian crew at Russian ports risk disruption
Categories: News Flash
Date: Oct 19, 2023
The Russian Federation’s recent implementation of temporary entry restrictions for Ukrainian citi...
Asia Fuel Oil-Cash premiums steady, market backwardation widens
Categories: News Flash
Date: Oct 19, 2023
Cash premiums for fuel oil were steady in Asia on Wednesday, though market backwardation widened fr...
China Sept coal output hits six-month high on rising power demand
Categories: News Flash
Date: Oct 19, 2023
China’s September coal output rose 0.4% from August to the highest level since March, official da...
Volatility expected in metals markets as they adapt to accelerated energy transition pressures
Categories: News Flash
Date: Oct 19, 2023
The current metals super-cycle that is a major component of the global energy transition could stal...
Shipping needs to take rapid action to achieve 5% zero-emission fuel target by 2030, new report finds
Categories: News Flash
Date: Oct 19, 2023
A new report from UMAS, Getting to Zero Coalition, and Race to Zero finds that while it is possible...
OPEC plans no immediate action after Iran urges Israel oil embargo, sources say
Categories: News Flash
Date: Oct 19, 2023
OPEC is not planning to hold an extraordinary meeting or take any immediate action after Iran’s f...
Rates Spark: Economic resilience pushes rates higher
Categories: News Flash
Date: Oct 19, 2023
How the situation in the Middle East will evolve is still very uncertain, but high-level diplomatic...
Global Trade Activity Falls at Steepest Rate in Eighteen Months
Categories: News Flash
Date: Oct 19, 2023
New data from Tradeshift shows transaction volumes across global supply chains dropped at their fas...
The Antitrust Immunity for Carrier Agreements Remains Beneficial For the Global Supply Chain
Categories: News Flash
Date: Oct 18, 2023
ASA has submitted to the European Commission in October 2022, in collaboration with ICS and WSC, th...
Asia Fuel Oil-VLSFO premiums retreat, HSFO stable
Categories: News Flash
Date: Oct 18, 2023
Spot cargo premiums for Asia’s very low sulphur fuel oil fell on Tuesday, while high sulphur fuel...
Baltic index hits over 14-month high on capesize gains
Categories: News Flash
Date: Oct 18, 2023
The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodit...
GenPro Blue Day brings together expert speakers for sustainability panel
Categories: News Flash
Date: Oct 18, 2023
Following close on the heels of Cyprus Maritime Week, maritime and commercial procurement company G...
Russian oil freight rates jump as US boosts scrutiny of price cap compliance
Categories: News Flash
Date: Oct 18, 2023
Oil freight rates from Russia’s Baltic ports to India are up some 50% since last week as more shi...
Russian seaborne diesel exports fell by 20% from October 1-15 m/m
Categories: News Flash
Date: Oct 18, 2023
Russia’s seaborne diesel and gasoil exports fell by 20% to about 1.1 million metric tons in the f...
Ample supply weighs on Asian naphtha at the start of H1 Dec delivery cycle
Categories: News Flash
Date: Oct 18, 2023
The strength in Asian naphtha took a sharp dip at the start of the trading cycle for H1 December de...