News Flash

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Ocean Technologies Group Launches Comprehensive E-Learning Courses to Support SIGTTO LNG Competency Guidelines

Categories: News Flash

Date: Jul 21, 2023

Ocean Technologies Group (OTG), the leading global provider of Human Capital Management solutions f...

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Jamaica and Canada sign reciprocal recognition agreement to benefit seafarer training and employment

Categories: News Flash

Date: Jul 21, 2023

Jamaica and Canada have signed a Reciprocal Recognition Agreement to enable seafarers from the two ...

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China’s alumina prices rebound to a one-month high on Yunnan demand.

Categories: News Flash

Date: Jul 21, 2023

Chinese alumina prices rose to their highest in more than a month on supply tightness amid improvin...

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BHP posts record full-year iron ore output, flags rising costs.

Categories: News Flash

Date: Jul 21, 2023

BHP Group on Thursday reported its highest-ever annual iron ore production, helped by the continued...

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No technical recession in euro zone as Eurostat revises up Q1 GDP

Categories: News Flash

Date: Jul 21, 2023

Euro zone gross domestic product was flat in the first three months of this year against the previo...

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Iron ore rebounds on optimism about China property sector aid

Categories: News Flash

Date: Jul 21, 2023

Iron ore futures recovered on Thursday amid market talks of more China property sector support, alt...

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World First with ABS Class Green Methanol Powered Container Vessel’s Maiden Voyage

Categories: News Flash

Date: Jul 21, 2023

The first containership ever to sail on green methanol, a Maersk feeder vessel built to ABS Class, ...

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China’s June Australian coal imports ease but demand remains strong

Categories: News Flash

Date: Jul 21, 2023

China’s coal imports from Australia eased in June from May’s 33-month-high but remained support...

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Sinopec’s natural gas output up 7.2% in H1, crude, petrochemical output lags

Categories: News Flash

Date: Jul 21, 2023

Chinese state-owned energy giant Sinopec’s 0386.HK600028.SS natural gas production in the first ...

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Baltic index down for 5th day on weaker capesize, panamax demand

Categories: News Flash

Date: Jul 21, 2023

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

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Asia Fuel Oil-VLSFO cash differential at more than two-year lows

Categories: News Flash

Date: Jul 20, 2023

The cash differential for very-low sulphur fuel oil (VLSFO) slipped to more than two-year lows in A...

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Carbon Sink LLC, Rose Cay Maritime Forge Strategic Alliance for Advanced Low-Carbon Maritime Fuel Logistics

Categories: News Flash

Date: Jul 20, 2023

Carbon Sink LLC, a pioneering green methanol manufacturer, and Rose Cay Maritime, LLC (RCM), an inn...

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Methanol Retrofit Solutions to be Developed for Medium-Speed Marine Engines

Categories: News Flash

Date: Jul 20, 2023

MAN Energy Solutions has announced that it will begin developing retrofit solutions for medium-spee...

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India’s Russian oil imports hit new high in June, but growth slows – trade

Categories: News Flash

Date: Jul 20, 2023

India’s imports of Russian oil edged up to an all-time high in June, though growing at the slowes...

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Rio Tinto second-quarter iron ore shipments fall 1%

Categories: News Flash

Date: Jul 20, 2023

Rio Tinto reported a 1% drop in second-quarter iron ore shipments on Wednesday as a train derailmen...

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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...

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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...

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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...

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‘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...

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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...

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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 ...

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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...

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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...

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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...

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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...

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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, t...

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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...

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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...

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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...

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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...

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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...

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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...