News Flash
OPEC+ may have played its final card with voluntary crude cuts
Categories: News Flash
Date: Dec 04, 2023
The additional crude output cuts by OPEC+ should do two things, and neither of them is likely to pl...
China likely to increase LSFO imports for Dec bunker supply
Categories: News Flash
Date: Dec 04, 2023
With China’s tighter-than-usual supply of low-sulfur fuel oil expected to extend into December an...
Dark’ tanker oil transfers rise further with suspected sanctioned trades
Categories: News Flash
Date: Dec 04, 2023
Shadowy oil transfers at sea with tankers switching off their transponders to hide their location c...
Public Vote Launched To Name New Vessels
Categories: News Flash
Date: Dec 01, 2023
Caledonian Maritime Assets Limited (CMAL) has launched a public vote to help choose the names for t...
Oldendorff: Newcastlemax Biofuel Trial
Categories: News Flash
Date: Dec 01, 2023
Vale, working in partnership with Oldendorff Carriers, have just commenced their first biofuel voya...
How coatings can provide predictable support as shipping looks to solve its future fuels conundrum
Categories: News Flash
Date: Dec 01, 2023
Industry debate on future fuels continues to evolve, from the visionary to the practical. There are...
Ominous signs on the Xeneta XSI® point to a brutal 2024 for ocean freight carriers
Categories: News Flash
Date: Dec 01, 2023
The warning signs were already there, but the latest data from Oslo’s Xeneta suggests 2024 could ...
Baltic dry bulk index doubles in November on robust vessel demand
Categories: News Flash
Date: Dec 01, 2023
The Baltic Exchange’s dry bulk sea freight index gained for the sixth consecutive session on Thur...
Asia Fuel Oil-HSFO flips to premium; market eyes Black Sea storm.
Categories: News Flash
Date: Dec 01, 2023
The cash differential for 380-cst high sulphur fuel oil flipped from a discount to a premium on Thu...
Introducing RadiantFleet’s All-New Chat Functionality!
Categories: News Flash
Date: Dec 01, 2023
At RadiantFleet, we are committed to continuous innovation, and we are thrilled to unveil our lates...
Frontline Reports Third Quarter Profit of $107.7 Million
Categories: News Flash
Date: Dec 01, 2023
Frontline plc, yesterday reported unaudited results for the nine months ended September 30, 2023: ...
COP28 Analysis Shows Swiftest Way Forward for 2050
Categories: News Flash
Date: Dec 01, 2023
MAN Energy Solutions has released a new paper to coincide with the holding of COP28, the 2023 Unite...
Tototheo broadens horizons into Land Enterprise Market for Fixed and Mobility connectivity solutions
Categories: News Flash
Date: Dec 01, 2023
Tototheo Maritime, a leading provider of innovative communication and maritime technology services,...
OPEC+ talks continue, no meeting delay currently expected
Categories: News Flash
Date: Nov 30, 2023
OPEC+ is continuing to hold talks on 2024 oil policy, with no delay to a meeting scheduled for Thur...
Russia wheat crop seen staying high in 2024 at 90 mln tons- Agritel
Categories: News Flash
Date: Nov 30, 2023
Russian wheat production could reach 90 million tons in 2024 in a third straight bumper harvest fol...
Dalian iron ore extends decline on ongoing government monitoring effects
Categories: News Flash
Date: Nov 30, 2023
Dalian iron ore futures on Wednesday extended declines for a fifth session, with market dynamics re...
Russia says bad weather still disrupting Black Sea oil exports
Categories: News Flash
Date: Nov 30, 2023
Russia’s transport ministry said on Wednesday that weather conditions in the Black Sea remained u...
NorthStandard to provide first ever Strike & Delay cover for adverse weather
Categories: News Flash
Date: Nov 30, 2023
NorthStandard’s Strike & Delay class has introduced Weather Cover into its suite of risks, pr...
WinGD debuts Variable Compression Ratio technology on NYK Line newbuilds
Categories: News Flash
Date: Nov 30, 2023
Swiss marine power company WinGD will realise the first commercial installments of its new variable...
Nordic American Tankers: The direction is up in a strong market
Categories: News Flash
Date: Nov 30, 2023
For decades, the experience is that uncertain times create demand for our ships. We see that there ...
LR to class first newbuild project for mid-size low pressure ammonia-ready LCO2 Carriers ordered by Capital Gas Ship Management at Hyundai Mipo Dockyard
Categories: News Flash
Date: Nov 30, 2023
Capital Gas Ship Management (Capital), Hyundai Mipo Dockyard (HD HMD), and Lloyd’s Register (LR) ...
Asia Fuel Oil-VLSFO premium at two-month low; HSFO discount narrows
Categories: News Flash
Date: Nov 30, 2023
Asia’s cash premium for 0.5% very low sulphur fuel oil (VLSFO) slipped to a two-month low on Wedn...
Baltic index surges to 18-month high on robust vessel demand
Categories: News Flash
Date: Nov 30, 2023
The Baltic Exchange’s dry bulk sea freight index gained for the fifth consecutive session to hit ...
Asia jet fuel prices hit highest in 5 years versus gasoil on strong demand
Categories: News Flash
Date: Nov 29, 2023
Jet fuel prices in Asia rose to their highest against gasoil in five years on Tuesday, buoyed by st...
Middle East Crude-Oman, Dubai extend losses in thin trades, OPEC+ meeting in focus
Categories: News Flash
Date: Nov 29, 2023
Middle Eastern benchmarks Oman and Murban extended losses on Tuesday as spot trades winded down tow...
EU agreement on waste shipments puts compliance in sight for non-OECD recycling yards, says Sea Sentinels
Categories: News Flash
Date: Nov 29, 2023
A newly-minted EU agreement on waste shipments is set to remove a legal roadblock to make it possib...
What OPEC+ oil output cuts are already in place and what could change
Categories: News Flash
Date: Nov 29, 2023
Saudi Arabia, Russia and other members of OPEC are scheduled to meet online on Thursday and could ...
Genco Shipping & Trading Limited Advances Fleet Renewal Strategy
Categories: News Flash
Date: Nov 29, 2023
Genco Shipping & Trading Limited, the largest U.S. headquartered drybulk shipowner focused on t...
NEDO Demonstration Project: Demonstration Test Ship for Liquefied CO2 Transportation Delivered
Categories: News Flash
Date: Nov 29, 2023
The christening and handover ceremony for a liquefied CO2 transportation demonstration test ship wa...
Asia Fuel Oil-HSFO rebounds as market eyes China demand recovery
Categories: News Flash
Date: Nov 29, 2023
Asia’s high sulphur fuel oil (HSFO) market firmed on Tuesday amid market expectations of China re...
Australia Pacific LNG deliveries disrupted due to tanker outage
Categories: News Flash
Date: Nov 29, 2023
Shipments of liquefied natural gas (LNG) from Australia Pacific LNG have come to a halt after a loa...
Annual review from international maritime charity highlights challenges faced by seafarers in 2022-23
Categories: News Flash
Date: Nov 29, 2023
The International Seafarers’ Welfare and Assistance Network (ISWAN) reports that demand for its s...