News Flash
Dalian coking coal climbs on China mine suspensions; iron ore dips
Categories: News Flash
Date: Jul 20, 2023
Dalian coking coal futures climbed to their highest in nearly three months on Wednesday as mining s...
Ukraine accuses Russia of deliberately striking Odesa port, grain terminals
Categories: News Flash
Date: Jul 20, 2023
Ukraine accused Russia on Wednesday of intentionally striking grain terminals and infrastructure in...
Moscow on grain deal: We can restart talks if UN meets Russian needs within three months
Categories: News Flash
Date: Jul 20, 2023
Russia said on Wednesday the United Nations had three months to implement the terms of a memorandum...
‘Whipsaw effect’ on demand and investment will result in consolidation and bankruptcies across freight markets, says leading analyst
Categories: News Flash
Date: Jul 20, 2023
Heavy investment at the height of the pandemic has created excess capacity across freight markets a...
Baltic index extends losses as demand for larger vessels wane
Categories: News Flash
Date: Jul 20, 2023
The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodit...
FUTURESHIPS: An Innovative Independent Ship Brokerage Firm Launching in Hong Kong and London to Address the Changing Shipping Industry
Categories: News Flash
Date: Jul 19, 2023
In response to developments in regulatory frameworks, digitization, safety standards, and societal ...
Ship arrested to force the owner to settle unpaid debts.
Categories: News Flash
Date: Jul 19, 2023
The International Transport Intermediaries Club (ITIC) – a mutual insurer that provides professio...
Panama Achieves The General Secretariat Of The International Maritime Organization (IMO)
Categories: News Flash
Date: Jul 19, 2023
Today Panama obtained the necessary votes for the General Secretariat of the International Maritime...
W. Africa Crude-Angola to ship 31 cargoes in Sep; Forcados still suspended.
Categories: News Flash
Date: Jul 19, 2023
Angola is expected to offer 31 cargoes in September, the lowest number planned in five months, acco...
Asia Fuel Oil-VLSFO slides into deeper discount.
Categories: News Flash
Date: Jul 19, 2023
Asia’s cash differential for very-low sulfur fuel oil (VLSFO) slumped into a deeper discount to S...
US shale oil/natgas output set to fall for the first time since Dec. -EIA
Categories: News Flash
Date: Jul 19, 2023
U.S. shale oil and natural gas production will fall in August for the first time since December, th...
India needs to grow at 7.6% a year for 25 years to be a developed nation -cenbank bulletin.
Categories: News Flash
Date: Jul 19, 2023
India will need to grow at a rate of 7.6% annually for the next 25 years to become a developed nati...
Insurers reviewing Black Sea ship cover after Russia suspension – sources.
Categories: News Flash
Date: Jul 19, 2023
Insurers are reviewing whether to freeze cover for any ships willing to sail to Ukraine after Russi...
Morgan Stanley’s profit drops 14% as the deal drought persists.
Categories: News Flash
Date: Jul 19, 2023
Morgan Stanley’s profit beat estimates as growth in its wealth management business offset lower t...
The Baltic index extends its decline on weak demand for larger vessels.
Categories: News Flash
Date: Jul 19, 2023
The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodit...
Samsung Heavy Industries celebrates winning a 3.9 trillion KRW shipbuilding contract
Categories: News Flash
Date: Jul 18, 2023
Samsung Heavy Industries has signed a large-scale eco-friendly shipbuilding contract worth nearly K...
Russia’s seaborne oil product exports rose in June -sources and Reuters calculations
Categories: News Flash
Date: Jul 18, 2023
Russia’s seaborne oil product exports in June rose by 1.2% month on month to 9.824 million metric...
Rain raises Rhine river levels in Germany; north still too shallow
Categories: News Flash
Date: Jul 18, 2023
Water levels on the river Rhine in Germany have risen sharply after heavy rain in southern regions ...
World Fuel Services completes first LNG bunkering in China for Hapag-Lloyd
Categories: News Flash
Date: Jul 18, 2023
World Fuel Services Corporation has completed a milestone LNG bunkering operation for the refueling...
‘ME-GA-opti’ Optimises Combustion Onboard LNG Carrier Newbuilding
Categories: News Flash
Date: Jul 18, 2023
The first LNG carrier in a series currently under construction by Samsung Heavy Industries (SHI) in...
New Unified Container Inspection & Repair Criteria address contaminating pests
Categories: News Flash
Date: Jul 18, 2023
The international supply chain is probably one of the most complex networks man has created, carryi...
RightShip and Port of London Authority partner to support maritime decarbonization
Categories: News Flash
Date: Jul 18, 2023
RightShip, a leading ESG-focused digital maritime platform, has today announced a partnership to co...
Baltic index slips on weaker vessel demand
Categories: News Flash
Date: Jul 18, 2023
The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodit...
Algeria tenders to buy up to 240,000 metric tons corn – traders
Categories: News Flash
Date: Jul 18, 2023
Algerian state agency ONAB has issued an international tender to purchase up to 240,000 metric tons...
China’s iron ore imports to rise in 2023 for first time in 3 years -analysts
Categories: News Flash
Date: Jul 18, 2023
China’s iron ore imports are set to rise in 2023 for the first time in three years, say analysts,...
Last ship leaves Ukraine port ahead of Black Sea grain deal deadline
Categories: News Flash
Date: Jul 17, 2023
The last ship to travel under a U.N.-brokered deal that allows the safe Black Sea export of Ukraini...
Reed Smith: Approved Ammonia-Fueled Containership – Benefits and Risks
Categories: News Flash
Date: Jul 17, 2023
Following the news in Offshore Energy that Korea Maritime Consultants has secured approval in princ...
US natgas prices hold near a 3-week low on a rise in output, and low LNG feed gas.
Categories: News Flash
Date: Jul 17, 2023
U.S. natural gas futures held near a three-week low on Friday on forecasts for less hot weather in ...
OPEC+ monitoring committee to meet Aug 3 to review oil output cuts: delegates.
Categories: News Flash
Date: Jul 17, 2023
The OPEC+ alliance’s key monitoring committee will convene virtually on Aug. 3 to assess the impa...
China wheat output falls 0.9% after rain damage ahead of harvest.
Categories: News Flash
Date: Jul 17, 2023
China’s summer wheat output fell 0.9% this year, official data showed on Saturday, the first decl...
Saudi Ports post a 6.79% growth in June container volumes.
Categories: News Flash
Date: Jul 17, 2023
The Saudi Ports Authority (Mawani) has recorded a 6.79% year-on-year uptick in container numbers ac...
GLOBAL LNG-Asia spot LNG prices slip on muted demand, high EU stocks.
Categories: News Flash
Date: Jul 17, 2023
Asian spot liquefied natural gas (LNG) prices fell this week, as muted demand in Northeast Asia and...