News Flash
ECB raises key rate to historic high, keeps options open
Categories: News Flash
Date: Jul 28, 2023
The European Central Bank raised its deposit rate to a historic high on Thursday and kept its optio...
Australia’s Fortescue Metals sees higher annual iron ore shipments
Categories: News Flash
Date: Jul 28, 2023
Fortescue Metals Group on Thursday forecast higher iron ore shipments for fiscal 2024, encouraged b...
Patrick Terminals to boost sustainable container handling with ten Kalmar hybrid straddle carriers
Categories: News Flash
Date: Jul 28, 2023
Kalmar, part of Cargotec, will supply a total of ten new Kalmar Hybrid Straddle Carriers to Patrick...
China loads 750,000 tons of sugar in Brazil, year’s largest import volume
Categories: News Flash
Date: Jul 28, 2023
Chinese buyers are currently loading dozens of vessels with around 750,000 metric tons of sugar at ...
Russia’s FSB: traces of explosives found on second Russia-bound grain ship
Categories: News Flash
Date: Jul 28, 2023
Russia’s Federal Security Service (FSB) said on Thursday it had found traces of explosives on boa...
WFW advises First Citizens Bank on US$123m Greek shipping loan portfolio acquisition
Categories: News Flash
Date: Jul 28, 2023
Watson Farley & Williams (“WFW”) advised First Citizens Bank (“FCB”), on its acquisitio...
Asia Fuel Oil-VLSFO cash premium rises for a second straight day
Categories: News Flash
Date: Jul 28, 2023
Asia’s cash differential for very-low sulphur fuel oil (VLSFO) extended gains on Thursday after f...
Emissions insights could cut EU-mandated carbon costs of shipping by 50%
Categories: News Flash
Date: Jul 28, 2023
LSEG (London Stock Exchange Group) and Siglar Carbon, a maritime emissions analytics company, have ...
Baltic index hits two-week high on firm capesize, panamax demand
Categories: News Flash
Date: Jul 28, 2023
The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodit...
Panama And Peru Strengthen Relations In The Maritime Field
Categories: News Flash
Date: Jul 27, 2023
The Panama Maritime Authority (AMP) and the National Maritime Authority of Peru signed an Inter-ins...
Three Companies to Expand Container Terminal in Kobe – Signs MoU with Kobe-Osaka International Port and ‘K’ Line
Categories: News Flash
Date: Jul 27, 2023
Mitsui O.S.K. Lines, Ltd. yesterady announced the signing of a memorandum of understanding (MoU) fo...
LNG-fueled Tugboat Sakigake Conducts Final LNG Bunkering
Categories: News Flash
Date: Jul 27, 2023
On July 25, the LNG-fueled tugboat Sakigake, operated in Tokyo Bay by the NYK Group’s Shin-Nippon...
Dutch crews battle major blaze on cargo ship
Categories: News Flash
Date: Jul 27, 2023
A fire on a cargo ship resulted in the loss of one crew member’s life and left several others inj...
Newbuildings: Tankers and Bulkers the Main Targets
Categories: News Flash
Date: Jul 27, 2023
ship owners have kept ordering newbuildings, with bulkers and tankers the main targets. In its late...
Drought-hit Panama Canal restricts daily crossings in water-saving move
Categories: News Flash
Date: Jul 27, 2023
The Panama Canal will extend restrictions on ships’ maximum depth, it said on Tuesday, and it has...
Rain raises Rhine river levels in Germany; north still too shallow
Categories: News Flash
Date: Jul 27, 2023
Heavy rain has raised water levels on the Rhine in Germany, but the river is stilltoo shallow in ce...
Iranian oil remains stuck off US coast as shippers fear repercussions
Categories: News Flash
Date: Jul 27, 2023
A cargo of sanctioned Iranian crude oil that was confiscated by the U.S. has sat off the Texas coas...
Rated Chinese Corporates’ Credit Fundamentals Improve; Leverage Stable
Categories: News Flash
Date: Jul 27, 2023
Credit fundamentals for most Chinese corporate sectors in Fitch’s rated portfolio have improved a...
Baltic index logs best day in nearly 5 months on capesize strength
Categories: News Flash
Date: Jul 27, 2023
The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodit...
China’s Support Signal for Private Companies May Influence Credit Profiles
Categories: News Flash
Date: Jul 26, 2023
A commitment to support the private sector’s growth, issued jointly by China’s State Council an...
Middle East Crude-Benchmarks climb as traders speed up spot purchases
Categories: News Flash
Date: Jul 26, 2023
Middle East crude benchmarks rose on Tuesday as traders accelerated clearing spot cargoes toward th...
Japan still seen missing target to balance primary budget by March 2026
Categories: News Flash
Date: Jul 26, 2023
Japan’s government on Tuesday left its own projections unchanged for achieving a primary budget s...
Smart Maritime Network and ClassNK launch Standardised Data Innovation Challenge for start-ups and entrepreneurs
Categories: News Flash
Date: Jul 26, 2023
Smart Maritime Network, a leading platform for digital transformation in the maritime industry, is ...
Asia Fuel Oil-VLSFO downtrend pauses, while HSFO eases slightly
Categories: News Flash
Date: Jul 26, 2023
Asia’s spot fuel oil market has started to stabilise in recent sessions, with very-low sulphur fu...
FuelEU maritime initiative: Council adopts new law to decarbonise the maritime sector
Categories: News Flash
Date: Jul 26, 2023
More renewable and low-carbon fuels will reduce the carbon footprint of the maritime sector in the ...
Baltic index drops to lowest in over seven weeks
Categories: News Flash
Date: Jul 26, 2023
The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodit...
Iron ore futures rally on China stimulus pledge
Categories: News Flash
Date: Jul 26, 2023
Iron ore futures rose on Tuesday, as China’s pledge to provide more support for its flagging econ...
India’s mineral production up 6.4% in May
Categories: News Flash
Date: Jul 26, 2023
Domestic mineral production grew 6.4% year-on year in May, the mines ministry said on Tuesday. ...
Russia-Africa summit to discuss Moscow’s grain and fertiliser exports – RIA
Categories: News Flash
Date: Jul 26, 2023
Russia and nations taking part in this week’s Russia-Africa summit will discuss Moscow’s grain ...
Middle East Crude-Murban rises as gasoil, naphtha refining margins improve.
Categories: News Flash
Date: Jul 25, 2023
Middle East crude benchmarks were mixed on Monday, with Dubai declining amid the further narrowed B...
Voluntary Seafarers’ Charter Is A Step Forward But Must Be Made Mandatory.
Categories: News Flash
Date: Jul 25, 2023
Nautilus International, the UK’s largest maritime union, has called the government’s Seafarers...
SGX iron ore tracks real estate lower; muted China stimulus-response.
Categories: News Flash
Date: Jul 25, 2023
Dalian iron ore futures ended relatively unchanged on Monday, as property sector concerns erased ea...