News Flash

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Russia considers fuel export quotas to tackle high prices

Categories: News Flash

Date: Oct 02, 2023

Russia may introduce quotas on overseas fuel exports if a complete export ban imposed last week fai...

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Mississippi River near historic lows, grain exports at risk

Categories: News Flash

Date: Oct 02, 2023

A key stretch of the lower Mississippi River dropped this week to within inches of its lowest-ever ...

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SAIL to get coking coal from Russia

Categories: News Flash

Date: Oct 02, 2023

State-owned Steel Authority of India Ltd (SAIL), the largest steel producer in the country, is ensu...

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India imports of Russian, and Iraqi oil rebound in September

Categories: News Flash

Date: Oct 02, 2023

India’s oil imports from Russia rebounded in September after hitting a seven-month low in August ...

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Five new cargo vessels heading for Ukrainian Black Sea ports -MarineTraffic

Categories: News Flash

Date: Oct 02, 2023

Five new ships are on their way to Ukrainian seaports using a new corridor opened to resume predomi...

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Russia’s fuel export ban will not be lifted soon – TASS cites minister

Categories: News Flash

Date: Sep 29, 2023

Russian Energy Minister Nikolai Shulginov said on Thursday that the ban on fuel exports will not be...

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WinGD wins first approval in principle for ammonia two-stroke engine

Categories: News Flash

Date: Sep 29, 2023

Lloyd’s Register approval in principle will support shipowner confidence in vessel designs using ...

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Baltic index snaps 4-day winning streak as capesize rates slip

Categories: News Flash

Date: Sep 29, 2023

The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodit...

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Beijing says no extra quotas for clean oil product exports, crude imports: quota holders

Categories: News Flash

Date: Sep 29, 2023

The Chinese government will not issue new quotas for clean oil product exports and additional allow...

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China, Germany resume high-level financial talks

Categories: News Flash

Date: Sep 29, 2023

China and Germany will co-host a third financial dialogue in Germany on Oct. 1, the Chinese foreign...

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Asia Fuel Oil-Timespreads widen further, inventories slide

Categories: News Flash

Date: Sep 29, 2023

Asia’s fuel oil market continued to firm on Thursday amid stronger backwardation timespreads, whi...

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Airbus and LDA to install new fuel-saving sails for maritime operations

Categories: News Flash

Date: Sep 29, 2023

Louis Dreyfus Armateurs will equip one of the vessels it uses to transport aircraft subassemblies f...

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Greece names Thessaloniki port operator preferred bidder for Volos port

Categories: News Flash

Date: Sep 29, 2023

Greece’s privatisation agency has named the operator of Thessaloniki port as the preferred bidder...

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Seapath and Pilot LNG Joint Venture to Develop First Dedicated LNG Bunkering Facility in U.S. Gulf Coast

Categories: News Flash

Date: Sep 29, 2023

Seapath, a maritime subsidiary of Libra Group, and Pilot LNG, LLC (Pilot), a Houston-based clean en...

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World Maritime Day 2023 highlights marine environment protection

Categories: News Flash

Date: Sep 29, 2023

This year sees the 50th anniversary of the adoption of the International Convention for the Prevent...

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World Maritime Day Message Must Extend Beyond the Boundaries of Shipping, says INTERCARGO

Categories: News Flash

Date: Sep 28, 2023

Never has the theme of this year’s World Maritime Day – ‘New technologies for greener shippin...

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Baltic index scales 11-month peak on strong capesize rates

Categories: News Flash

Date: Sep 28, 2023

The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk comm...

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Asia Fuel Oil-Market firms with stronger bids, wider time spreads

Categories: News Flash

Date: Sep 28, 2023

Asia’s fuel oil market strengthened on Wednesday with firmer bids for spot cargoes and wider back...

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Ship insurance facility set up for Ukraine grain exports says broker Miller

Categories: News Flash

Date: Sep 28, 2023

A new marine insurance facility for Ukrainian grain exports using the country’s sea corridor has ...

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US thermal coal exports jump to 5-year highs on Asian demand

Categories: News Flash

Date: Sep 28, 2023

United States thermal coal exports hit their highest levels since 2018 during the first eight month...

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QatarEnergy, Korea’s HHI signs $3.9 bln deal for 17 LNG carriers

Categories: News Flash

Date: Sep 28, 2023

QatarEnergy said on Wednesday it had signed a 14.2 billion riyal ($3.90 billion) deal with HD Hyund...

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China may boost October fuel exports on robust margins, flight recovery

Categories: News Flash

Date: Sep 28, 2023

China’s oil products exports are set to rise in October as state-owned refiners capitalise on luc...

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PPA SA: Strong performance in the first half of 2023, with a significant increase in profitability and turnover

Categories: News Flash

Date: Sep 28, 2023

In the first half of the fiscal year 2023, PPA S.A. reported a continued robust increase in profits...

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Vale and Port of Açu sign agreement to develop a Mega Hub for the decarbonization of steelmaking

Categories: News Flash

Date: Sep 28, 2023

Vale informs that it signed an MOU with the Port of Açu to study the development of a Mega Hub at ...

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‘Dark’ ships are faking their locations to move oil around the world — and it is likely worth billions of dollars

Categories: News Flash

Date: Sep 27, 2023

Ships are faking their locations to engage in illicit activity — and rising numbers appear to be ...

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MV Ballard becomes the first KCC vessel equipped with Silverstream Technologies air lubrication system

Categories: News Flash

Date: Sep 27, 2023

Klaveness Combination Carriers (“KCC”) announces MV Ballard, the youngest vessel in the CABU fl...

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Three Japanese Shipping Companies Partner to Establish Global Liquefied Hydrogen Supply Chain

Categories: News Flash

Date: Sep 27, 2023

On September 12 2023, Japan Suiso Energy, Ltd. (JSE)*, and three Japanese shipping companies, Kawas...

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Cargo vessel sets off from Ukrainian Black Sea port – source

Categories: News Flash

Date: Sep 27, 2023

A cargo vessel set off from a Ukrainian Black Sea port on Tuesday after loading but remained close ...

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Mideast-Asia oil shipping rates rebound, capped by OPEC+ supply cuts.

Categories: News Flash

Date: Sep 27, 2023

The cost of chartering a supertanker to load Middle Eastern crude oil for Asia has rebounded from a...

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RightShip introduces PortRISK to transform port and terminal risk management

Categories: News Flash

Date: Sep 27, 2023

Built using RightShip’s unmatched maritime vessel, incident, and company database, PortRISK provi...

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Baltic index scales over 9-month high on Capesize surge

Categories: News Flash

Date: Sep 27, 2023

The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk comm...

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Inmarsat Maritime Safety Report Highlights Importance Of Data And Collaboration In Tackling Persistent Safety Challenges

Categories: News Flash

Date: Sep 27, 2023

The 2023 edition of The Future of Maritime Safety Report from Inmarsat Maritime, a Viasat business,...