News Flash
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 ...
Asia Fuel Oil-Cash differential for 380-cst HSFO eases
Categories: News Flash
Date: Aug 24, 2023
Asia’s cash differential for 380-cst high sulphur fuel oil (HSFO) showed signs of easing on Wedne...
Iraq, Turkey yet to agree on northern oil exports resumption – sources
Categories: News Flash
Date: Aug 24, 2023
Iraq’s oil minister and his Turkish counterpart did not reach an agreement to immediately resume ...
Iron ore extends rally on China demand optimism
Categories: News Flash
Date: Aug 24, 2023
Iron ore futures extended gains on Wednesday, with prices in China surging more than 5%, as optimis...
Ukraine says it has exported 3.83 mln T grain so far in 2023/24
Categories: News Flash
Date: Aug 24, 2023
Ukraine’s grain exports have reached 3.83 million metric tons so far in the 2023/24 July-June sea...
Korea’s Shipbuilding Order Backlog Hits 12-year High in H1
Categories: News Flash
Date: Aug 24, 2023
Shipbuilding exports are taking the lead in Korea’s exports in the first half of the year. During...
Insurers raise premiums for Black Sea tankers as tensions mount – traders
Categories: News Flash
Date: Aug 24, 2023
Insurance companies have notified charterers of ships operating in Russia’s Black Sea ports of an...
Lower capesize, panamax rates weigh on Baltic index
Categories: News Flash
Date: Aug 24, 2023
The Baltic Exchange’s main sea freight index fell for a fourth straight session on Wednesday, pre...
Global container port performance: All regions show y/y decline in call size
Categories: News Flash
Date: Aug 24, 2023
S&P Global Market Intelligence is launching a new quarterly report, titled “Port Performance ...
Sea and the Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping Partner to Power Better Decisions and Enable Sustainable Shipping
Categories: News Flash
Date: Aug 24, 2023
Maritime software provider Sea and Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping (the Ce...
Dardanelles shipping suspended as Turkey battles wildfire
Categories: News Flash
Date: Aug 24, 2023
Firefighters battled a forest fire in northwest Turkey for a second dayon Wednesday, prompting mass...
Bulgaria in talks for early end to Russian crude imports for Lukoil refinery
Categories: News Flash
Date: Aug 23, 2023
The Bulgarian government has discussed the impact and procedures for an early ban on the import of ...
Asia Distillates-Gasoil cracks, premiums pause rally; more spot tenders emerge
Categories: News Flash
Date: Aug 23, 2023
Asia’s gasoil margins and cash premiums both snapped a three-session rally and fell on Tuesday as...
Iron ore climbs on China policy support, demand recovery signals
Categories: News Flash
Date: Aug 23, 2023
Iron ore extended its rally on Tuesday, with the Singapore benchmark hitting its highest in more th...
Gazprom sends first cargo via Northern Sea route from Baltic plant – data
Categories: News Flash
Date: Aug 23, 2023
Russian gas giant Gazprom GAZP.MM shipped a first cargo of liquefied natural gas (LNG) from its pla...
S. Korea’s ship export grows 11.9 pct in H1
Categories: News Flash
Date: Aug 23, 2023
South Korea’s ship export grew in double digits in the first half of this year (H1) due to rising...
India’s July oil imports slip on monsoon lull, lower Russian inflows.
Categories: News Flash
Date: Aug 23, 2023
India’s crude oil imports fell for the second straight month in July in line with lower consumpti...
Drewry: Container Port Throughput Index Up 2.4% in June
Categories: News Flash
Date: Aug 23, 2023
The Drewry Container Port Throughput Indices are a series of calendar adjusted volume growth/declin...
Container lines paid out billions in boom-time profits via dividends
Categories: News Flash
Date: Aug 23, 2023
Shipping is extremely cyclical. Booms like the one experienced by container shipping in 2021-2022 a...
Asia Fuel Oil-HSFO crack holds at 15-month highs
Categories: News Flash
Date: Aug 23, 2023
Asia’s high sulphur fuel oil (HSFO) margin held firm at 15-month highs on Tuesday amid supportive...
Baltic index extends decline as larger vessel rates fall
Categories: News Flash
Date: Aug 23, 2023
The Baltic Exchange’s main sea freight index .BADI fell for a third straight day on Tuesday, weig...
China LNG buyers expand trading after adding more US, Qatari contracts
Categories: News Flash
Date: Aug 22, 2023
China’s liquefied natural (LNG) gas importers are starting up or expanding trading desks in Londo...
Asia Fuel Oil-VLSFO dips on multiple selling interest
Categories: News Flash
Date: Aug 22, 2023
Asia’s very low sulphur fuel oil (VLSFO) softened Monday as more competitive offers emerged at th...
AirWing™ Wind Propulsion System takes significant step forward by working with Bureau Veritas
Categories: News Flash
Date: Aug 22, 2023
Bureau Veritas, a world leader in testing, inspection and certification, is working with GT Green T...
Historic drought, hot seas slow Panama Canal shipping
Categories: News Flash
Date: Aug 22, 2023
Before the Ever Max shipcarrying lava lamps, sofas, Halloween costumes and artificial Christmas tre...
Asia Distillates-Gasoil activity thin, second jet fuel deal emerges in 2 sessions
Categories: News Flash
Date: Aug 22, 2023
Asia’s gasoil markets saw thin activity at the start of the week on limited fundamental changes a...
Avance Gas declared the option of newbuilding contracts for two Medium-Sized LPG/Ammonia Carriers
Categories: News Flash
Date: Aug 22, 2023
Avance Gas Holding Ltd. has declared the option of the two mid-sized LPG/ammonia carriers (MGCs) fr...
Mitsubishi Shipbuilding Begins Demonstration Testing to Support the Market Launch of the MAmmoSS Ammonia Handling System for Ships
Categories: News Flash
Date: Aug 22, 2023
Mitsubishi Shipbuilding Co., Ltd., a part of Mitsubishi Heavy Industries (MHI) Group, is currently ...
Ukraine may use new Black Sea route for grain shipments -producers
Categories: News Flash
Date: Aug 22, 2023
Ukraine is considering using its newly-tested wartime Black Sea export corridor for grain shipments...
Baltic index down as capesize vessel rates fall
Categories: News Flash
Date: Aug 22, 2023
The Baltic Exchange’s main sea freight index fell for a second straight session on Monday, weighe...
Cargill and BAR Technologies’ WindWings sets sail, chartering a new lower-carbon path for the maritime industry
Categories: News Flash
Date: Aug 22, 2023
Cargill and BAR Technologies’ groundbreaking WindWings innovation sets sail on open waters, testi...
EU hits 90% gas storage filling target well ahead of schedule
Categories: News Flash
Date: Aug 21, 2023
The EU reached it 90% gas storage target on Aug. 16, some 11 weeks ahead of the EU-mandated Nov. 1 ...