News Flash
WTO lowers 2023 trade growth forecast amid global manufacturing slowdown
Categories: News Flash
Date: Oct 06, 2023
Projections for growth in global merchandise trade in 2023 have been scaled back by WTO economists ...
Russia surpasses UAE as India’s top naphtha supplier amid discounts
Categories: News Flash
Date: Oct 06, 2023
Russia has overtaken the United Arab Emirates (UAE) to become India’s top naphtha supplier, data ...
Asia Distillates-Markets weighed on by closed arb, limited regional cues
Categories: News Flash
Date: Oct 06, 2023
Asia’s middle distillates market remained weighed on by a closed east-west arbitrage window, for ...
Lloyd’s Register unifies its digital offering with OneOceanLR
Categories: News Flash
Date: Oct 06, 2023
Lloyd’s Register has merged its existing digital platforms under its new OneOceanLR brand, which ...
Asia Fuel Oil-HSFO cash discount deepens, while VLSFO rally cools
Categories: News Flash
Date: Oct 06, 2023
Asia’s spot high sulphur fuel oil (HSFO) market slipped into a steeper discount on Thursday, whil...
Institutional investors advised by J.P. Morgan order dual-fuel methanol IMO II Mr newbuilds with Totalenergies
Categories: News Flash
Date: Oct 06, 2023
J.P. Morgan Global Alternative’s Global Transportation Group (“JPMGTG”) (is pleased to announ...
Greece proposes using Aegean Sea ports for transporting Ukrainian grain
Categories: News Flash
Date: Oct 06, 2023
Greece proposes to use its ports in the Aegean Sea as a corridor for the export of Ukrainian grain,...
Baltic index scales 11-month peak on robust capesize demand
Categories: News Flash
Date: Oct 06, 2023
The Baltic Exchange’s main sea freight index rose to an 11-month high on Thursday as demand for c...
TotalEnergies Marine Fuels completes first LNG bunker operations for new dual-fuelled vessels owned by the Angelicoussis Group
Categories: News Flash
Date: Oct 05, 2023
TotalEnergies Marine Fuels has recently completed its first liquefied natural gas (LNG) bunkering o...
Cargill faces Brazil criminal probe over Amazon port project
Categories: News Flash
Date: Oct 05, 2023
Brazilian federal prosecutors are investigating transactions involving grains trader Cargill and a ...
Saudi Arabia, Russia to continue 1.3 mil b/d supply cuts to end 2023
Categories: News Flash
Date: Oct 05, 2023
Saudi Arabia and Russia have confirmed plans to continue combined 1.3 million b/d supply cuts until...
Global copper market to see 27,000 metric ton deficit in 2023, says ICSG
Categories: News Flash
Date: Oct 05, 2023
The global copper market is expected to see a deficit of 27,000 metric tons this year and a surplus...
India Cenbank seen holding rates steady Friday but striking hawkish tone
Categories: News Flash
Date: Oct 05, 2023
India’s monetary policy committee is widely expected to keep key rates on hold when it announces ...
Asia Fuel Oil-VLSFO cargo holds firm though bunker premiums lag
Categories: News Flash
Date: Oct 05, 2023
Spot cargo premiums for Asia’s very low sulphur fuel oil market largely held to their recent stre...
Maersk-Backed C2X and the Egyptian Government sign Framework Agreement for the next steps towards large scale green methanol production in Egypt
Categories: News Flash
Date: Oct 05, 2023
In the presence of the Egyptian Prime Minister, C2X today signed a comprehensive Framework Agreemen...
Maersk Tankers ventures into LR1 segment
Categories: News Flash
Date: Oct 05, 2023
Maersk Tankers has launched its first ever pool in the Long-Range 1 (LR1) tanker segment, with Sanm...
Beyond Scarcity: How the Panama Canal Manages the Fresh Water Challenge
Categories: News Flash
Date: Oct 05, 2023
The year 2023 has been particularly dry, according to Panama Canal statistics, primarily due to the...
Baltic index ticks down as panamax losses outweigh capseize gains
Categories: News Flash
Date: Oct 05, 2023
The Baltic Exchange’s main sea freight index edged down on Wednesday, as panamax rates hit a thre...
Asia Fuel Oil-VLSFO firms on tighter supply expectations
Categories: News Flash
Date: Oct 04, 2023
Asia’s very low sulphur fuel oil (VLSFO) market extended gains on Tuesday amid a tighter supply o...
Shipbuilder Damen sues Dutch government over Russia sanctions
Categories: News Flash
Date: Oct 04, 2023
Dutch shipbuilder Damen Shipyards has sued the Dutch government over damages it says it has suffere...
ILWU Dockworkers Union’s Sway at West Coast Ports Is Tested in Bankruptcy
Categories: News Flash
Date: Oct 04, 2023
The West Coast dockworkers union’s bankruptcy filing puts a dent in the armor of one of the count...
Approval in Principle for Methanol Superstorage solution on existing ships
Categories: News Flash
Date: Oct 04, 2023
A new and space-efficient retrofit methanol storage solution from SRC Group has received Approval i...
US LNG exports slump in September as plant outages pare output
Categories: News Flash
Date: Oct 04, 2023
U.S. exports of liquefied natural gas (LNG) fell modestly in September from August as scattered out...
WFW enhances Athens maritime offering with new partner and team hire
Categories: News Flash
Date: Oct 04, 2023
Watson Farley & Williams (“WFW”) is pleased to announce that maritime expert and asset fina...
Venezuela’s September oil exports hit second highest this year
Categories: News Flash
Date: Oct 04, 2023
Venezuela’s oil exports in September topped 800,000 barrels per day (bpd), the second-highest mon...
‘Evenly balanced’ risks mean lower commodity prices, but robust volumes
Categories: News Flash
Date: Oct 04, 2023
The heat is coming out of global commodity prices and the risks to the outlook are “evenly balanc...
India’s crude oil imports from Saudi Arabia drop 36% in September
Categories: News Flash
Date: Oct 04, 2023
India saw a significant drop in crude oil imports from Saudi Arabia in September, with a notable de...
Baltic index hits over 11-month peak on Capesize strength
Categories: News Flash
Date: Oct 04, 2023
The Baltic Exchange’s main dry bulk sea freight index .BADI rose to its highest in over 11-month ...
Platts launches East China LNG bunker assessment
Categories: News Flash
Date: Oct 03, 2023
Platts, part of S&P Global Commodity Insights, has launched a daily LNG bunker fuel price asses...
Shipping must become green but also remain safe
Categories: News Flash
Date: Oct 03, 2023
Danish Shipping has been working in recent weeks to establish guidelines for the new green fuels at...
Mitsubishi Shipbuilding Delivers LNG Fuel Gas Supply System (FGSS) for LNG-fueled Car Carriers Built by Shin Kurushima Dockyard Co., Ltd.
Categories: News Flash
Date: Oct 03, 2023
Mitsubishi Shipbuilding Co., Ltd., a Mitsubishi Heavy Industries (MHI) Group company based in Yokoh...
U.S. petroleum product exports set new record in the first half of 2023
Categories: News Flash
Date: Oct 03, 2023
U.S. petroleum product exports totaled nearly 6.0 million barrels per day (b/d) in the first half o...