News Flash
Baltic index slips as Capesize dip outweighs smaller vessel gains
Categories: News Flash
Date: Aug 31, 2023
The Baltic Exchange’s main sea freight index declined on Wednesday, as lower rates for capesizes ...
The High Cost of Global Economic Fragmentation
Categories: News Flash
Date: Aug 30, 2023
In a shock-prone world, economies must be more resilient—individually and collectively. Cooperati...
Middle East Crude-Oman, Murban fall; US crude attracts Asian buyers
Categories: News Flash
Date: Aug 30, 2023
Middle East crude benchmarks Oman and Murban fell on Tuesday as traders concluded trades for this m...
The Marcura Group acquires ShipServ
Categories: News Flash
Date: Aug 30, 2023
The Marcura Group today announced that it has signed a definitive agreement to acquire ShipServ, a ...
Yemen oil tanker: ‘Pivotal chapter’ concludes but important work remains
Categories: News Flash
Date: Aug 30, 2023
The meticulous effort onboard the rusting FSO Safer spanned months of preparation and nearly 13 wee...
Dalian iron ore falls on thin steel margins, lukewarm downstream demand
Categories: News Flash
Date: Aug 30, 2023
Dalian iron ore futures extended declines on Tuesday, as traders remained cautious onshrinking stee...
Korean shipbuilding stocks rebound on expectations for improved earnings
Categories: News Flash
Date: Aug 30, 2023
South Korean shipbuilding stocks managed to rebound Monday after weeks of decline as investors perc...
Asia Fuel Oil-VLSFO slips after Kuwait’s Al Zour issues fresh tender
Categories: News Flash
Date: Aug 30, 2023
Asia’s very low sulphur fuel oil (VLSFO) market softened on Tuesday after Kuwait’s Al Zour refi...
ThPA S.A. expands its intermodal service to Skopje
Categories: News Flash
Date: Aug 30, 2023
ThPA S.A. is launching a new container block-train service between Thessaloniki and the capital of ...
OCI Global completes first European green methanol bunkering in Port of Rotterdam, the Netherlands
Categories: News Flash
Date: Aug 30, 2023
OCI Global has successfully bunkered the world’s first ever green methanol-powered container vess...
Higher rates across vessel segments prop up Baltic index
Categories: News Flash
Date: Aug 30, 2023
The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodit...
Asia LNG loses some strike froth, but fundamentals are supportive
Categories: News Flash
Date: Aug 29, 2023
Spot prices of liquefied natural gas (LNG) retreated in Asia as the threat of imminent strike actio...
Palm ends lower on weaker Malaysian exports, Dalian gains cap losses
Categories: News Flash
Date: Aug 29, 2023
Malaysian palm oil futures finished more than 1% lower on Monday following reports of lackluster ex...
China soybean crush margin turns positive after 2 months, headwind remains
Categories: News Flash
Date: Aug 29, 2023
China soybean gross crush margins for October have rebounded from negative to positive territory, w...
Iron ore retreats as market awaits further China support
Categories: News Flash
Date: Aug 29, 2023
Iron ore futures retreated on Monday as traders adopted a wait-and-see stance after last week’s r...
Ukraine opposes further grain restrictions by neighboring countries -minister
Categories: News Flash
Date: Aug 29, 2023
Ukraine strongly opposes the imposition of any restrictions on the import of its grain by neighbour...
Nordic American Tankers Ltd: The direction of NAT is up
Categories: News Flash
Date: Aug 29, 2023
The net income for the first half of 2023 is more than $100 million higher than for the same period...
Digital port calls to reduce 1000 tons of CO2 emissions annually at the Port of Gothenburg
Categories: News Flash
Date: Aug 29, 2023
The Gothenburg Port Authority has started developing an entirely new digital port call solution in ...
Klaveness and Lauritzen demonstrate collaboration as the key to success.
Categories: News Flash
Date: Aug 29, 2023
Torvald Klaveness and Lauritzen Bulkers, leading global dry bulk shipping companies, are pleased to...
Kremlin plays down the significance of the second vessel passing via Ukraine’s Black Sea corridor.
Categories: News Flash
Date: Aug 29, 2023
The passage of a second ship from Ukraine along a temporary Black Sea corridor has nothing to do wi...
Second vessel leaves Odesa through temporary Black Sea corridor: Minister
Categories: News Flash
Date: Aug 29, 2023
A vessel carrying steel products to Africa has left Ukraine’s Odesa port through a temporary Blac...
Asia Fuel Oil-Cash differentials steady in thin trade
Categories: News Flash
Date: Aug 29, 2023
Asia’s high Sulphur fuel oil (HSFO) market held steady after collapsing last week, while very low...
India diesel exports to Singapore set for highs in Aug, drop for Europe -trade
Categories: News Flash
Date: Aug 25, 2023
India’s diesel exports to Singapore are set to hit a 19-month high in August and exceed 330,000 m...
Asia will continue to dominate global refinery coking capacity additions through 2027, says GlobalData
Categories: News Flash
Date: Aug 25, 2023
Asia is set to witness the highest refinery coking capacity additions among all regions during 2023...
Prices and higher well productivity drive up U.S. crude oil production forecast
Categories: News Flash
Date: Aug 25, 2023
In our August Short-Term Energy Outlook (STEO), we increased our forecast for U.S. crude oil produc...
Asia Fuel Oil-HSFO crashes as earlier rally fizzles out
Categories: News Flash
Date: Aug 25, 2023
Asia’s high sulphur fuel oil (HSFO) weakened sharply on Thursday, a sign that the rally in early ...
Frontline Sees Spot TCEs for the full third quarter of 2023 to be lower than the TCEs currently contracted
Categories: News Flash
Date: Aug 25, 2023
Frontline plc, reported unaudited results for the six months ended June 30, 2023: Highlights ...
Iron ore retreats after multi-session rally
Categories: News Flash
Date: Aug 25, 2023
Iron ore futures fell on Thursday as traders locked in gains following Singapore prices’ longest ...
Waning vessel demand drags Baltic index lower
Categories: News Flash
Date: Aug 25, 2023
The Baltic Exchange’s main sea freight index recorded its lowest level in more than eight weeks o...
Kongsberg Digital and Shell Marine deepen their collaboration by adding the LubeMonitor application to the marketplace
Categories: News Flash
Date: Aug 25, 2023
Currently used by Shell Marine Lubricants customers, LubeMonitor will become available to shipowner...
California container port volumes diverge amid continued market uncertainty
Categories: News Flash
Date: Aug 25, 2023
Key California ports of Los Angeles/Long Beach and Oakland showed divergent trends as weak market f...
COSCO SHIPPING announces “For For Tune”, a new digital end-to-end supply-chain solution for shipping cargo from Europe to China
Categories: News Flash
Date: Aug 25, 2023
From 26th August, COSCO SHIPPING is starting “For For Tune”, a new digital end-to-end supply ch...