News Flash
Iron ore drifts higher, but China property woes limit upside
Categories: News Flash
Date: Sep 21, 2023
Iron ore futures edged higher on Wednesday after trading in a tight range, as signs of economic sta...
China’s fuel oil imports ease for second straight month in August
Categories: News Flash
Date: Sep 21, 2023
China’s fuel oil imports retreated for a second consecutive month in August, data from the Genera...
Asia Fuel Oil-HSFO extends slide; China imports ease
Categories: News Flash
Date: Sep 21, 2023
Asia’s high sulphur fuel oil (HSFO) market extended declines on Wednesday, while latest customs d...
Baltic index rises for 11th straight session on strong vessel rates
Categories: News Flash
Date: Sep 21, 2023
The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk comm...
Russian energy ministry to take “measures” against grey exports of fuel – Ifx
Categories: News Flash
Date: Sep 21, 2023
Russian energy ministry said on Wednesday it would take “radical” measures to stop the “grey ...
Bureau Veritas Invests in Software Innovator OrbitMI to Propel Performance in the Maritime Industry
Categories: News Flash
Date: Sep 21, 2023
Bureau Veritas, a world leader in testing, inspection, and certification services, and OrbitMI, the...
Japan’s exports extend declines as China slowdown bites
Categories: News Flash
Date: Sep 21, 2023
Japan’s exports fell in August for a second straight month, weighed by declines in China’s dema...
Economic growth target within reach, say intl experts
Categories: News Flash
Date: Sep 21, 2023
Green shoots indicating a pick up in economic momentum in August have increased the confidence of i...
Latsco has contracted three 64,000 DWT ultramax bulkers in Oshima Shipbuilding, Japan
Categories: News Flash
Date: Sep 21, 2023
After the Group’s first move in dry cargo in 2016 when it acquired four second hand supramaxes, n...
WTI price surge curbs US oil flows to Europe, Asia
Categories: News Flash
Date: Sep 20, 2023
A sudden surge in U.S. West Texas Intermediate crude prices that pulled Brent higher has shut off a...
MISC & Νissen Κaiun enter into a new partnership agreement
Categories: News Flash
Date: Sep 20, 2023
MISC Berhad (MISC) has entered into a new partnership agreement with Japanese ship owner, Nissen Ka...
KPI OceanConnect and Uni-Tankers collaborate on successful biofuel trial
Categories: News Flash
Date: Sep 20, 2023
Uni-Tankers, a leading tanker shipping company, and KPI OceanConnect, a leading global marine energ...
Asia Fuel Oil-HSFO margin slides to five-month lows
Categories: News Flash
Date: Sep 20, 2023
Asia’s refining margin for 380-cst high sulphur fuel oil (HSFO) slipped to five-month lows on Tue...
Vopak reaches agreement with Infracapital on the sale of its chemical terminals in Rotterdam
Categories: News Flash
Date: Sep 20, 2023
Vopak announces that it has reached an agreement with Infracapital on the sale of its three chemica...
Iron ore extends decline on higher domestic supply, demand concerns
Categories: News Flash
Date: Sep 20, 2023
Iron ore futures extended declines on Tuesday as mounting domestic supply and persistent demand con...
CMA CGM and Maersk join forces to accelerate the decarbonization of the shipping industry
Categories: News Flash
Date: Sep 20, 2023
A.P. Moller – Maersk A/S and CMA CGM have decided to join forces on several areas relating to dec...
Europe’s shipping emissions back to pre-pandemic high
Categories: News Flash
Date: Sep 20, 2023
European shipping emissions reached an all time high last year, new Transport & Environment (T&...
Danish Shipping: EU needs to invest in green fuels
Categories: News Flash
Date: Sep 20, 2023
Torben Carlsen, CEO of DFDS and chairman of Danish Shipping participates in the European Shipping S...
Baltic index logs best day in almost two months on capesize demand
Categories: News Flash
Date: Sep 20, 2023
The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk comm...
Republic of the Marshall Islands to Flag Two First-ever 22,000 Cubic Meters Liquid Carbon Dioxide Carrier Newbuilds
Categories: News Flash
Date: Sep 18, 2023
The Republic of the Marshall Islands (RMI) will flag the first-ever state-of-the-art 22,000 cubic m...
What the Panama Canal Drought Tells Us About the Fragility of Global Trade
Categories: News Flash
Date: Sep 18, 2023
The Panama Canal, one of the largest waterways in the world, is the main artery of global trade. Lo...
The importance of sampling liquid cargoes
Categories: News Flash
Date: Sep 18, 2023
Taking proper samples of liquid cargoes is vital to protect shipowners’ interests when allegation...
Korea’s STX denies rumor that it is backed by Chinese fund
Categories: News Flash
Date: Sep 18, 2023
South Korean general trading company STX Corp. has said its largest shareholder is a local investme...
ENGINE bunker platform launches ENGINE X to tackle increased bunker complexity
Categories: News Flash
Date: Sep 18, 2023
Five years after launching one of the industry’s leading bunker information and news platforms, ...
Greek PM pledges state reforms, disaster relief within fiscal limits
Categories: News Flash
Date: Sep 18, 2023
Greece will push ahead with state reforms to boost economic growth and offer relief measures to tho...
Port of Los Angeles says cargo lost during West Coast talks is returning
Categories: News Flash
Date: Sep 18, 2023
Cargo volume at the Port of Los Angeles jumped from July to August after business lost during the n...
Asian refiners to embrace Middle Eastern sour crude regardless of price swings
Categories: News Flash
Date: Sep 18, 2023
Asian and Persian Gulf refineries will continue to depend heavily on Middle Eastern crude grades as...
Dry Bulk Market: Panamaxes Show Strong Growth Momentum
Categories: News Flash
Date: Sep 18, 2023
Capsize The week in the Cape market has shown a mix of activity in both the Pacific and Atlantic...
Congestion in Panama to support charter market
Categories: News Flash
Date: Sep 18, 2023
Continuing congestion, exacerbated by the impact of El Nino to the end of 2023, will increase voyag...
Winter LNG demand pops up from China; Japan, South Korea remain quiet
Categories: News Flash
Date: Sep 15, 2023
The Asian LNG market has started to see demand for winter popping up from China as the fourth quart...
Singapore iron ore hits near 6-mth high on low stocks, pre-holiday restocking
Categories: News Flash
Date: Sep 15, 2023
Iron ore futures rose for a fourth straight session on Thursday, helped by low inventories and pre...
Intermanager Launches New Ship Management General Principles Of Conduct And Action
Categories: News Flash
Date: Sep 15, 2023
InterManager, the international trade association for third party and in-house ship managers, has t...