News Flash

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Russia and US to discuss Black Sea shipping

Categories: News Flash

Date: Mar 24, 2025

Russian and U.S. experts will discuss ways to ensure the safety of shipping in the Black Sea at talk...

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Xeneta: Average spot rates from Far East to US now fallen below average long term contract rates

Categories: News Flash

Date: Mar 24, 2025

Average spot rates from Far East to US now fallen below average long term contract rates. Far Eas...

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Tankers: VLCC Seesawed Last Week

Categories: News Flash

Date: Mar 24, 2025

Clean LR2 MEG LR2’s looked to have reached the top for their current freight spike for the mom...

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Iron ore set for weekly loss on caution over China demand prospects

Categories: News Flash

Date: Mar 22, 2025

Iron ore futures drifted lower on Friday and were headed for a weekly loss due to mounting concerns ...

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New shipowners join Bluepool Panamax pool

Categories: News Flash

Date: Mar 22, 2025

Castor Maritime and Sea Tribute Shipmanagement are the latest companies to enter vessels into the Bl...

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Dredging sector crucial for the strategic position of the Netherlands and Belgium: Report Warns Of Increasing Chinese Competition

Categories: News Flash

Date: Mar 22, 2025

The Dutch and Belgian dredging industry is of strategic importance to the economy, water safety, and...

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Wallenius Wilhelmsen releases 2024 annual report, highlighting another record-breaking year

Categories: News Flash

Date: Mar 22, 2025

Delivering all-time high, full-year results for 2024, Wallenius Wilhelmsen’s financial performance...

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HSFO extends fall for seventh straight session

Categories: News Flash

Date: Mar 22, 2025

Asia’s high sulphur fuel oil differentials ended the week in losses as the market expected supplie...

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ITS Logistics March Port Rail Ramp Index: Trucking Capacity-to-Demand Ratio Could Increase Rates for Dray and Rail Capacity

Categories: News Flash

Date: Mar 22, 2025

ITS Logistics yesterday released the March forecast for the ITS Logistics US Port/Rail Ramp Freight ...

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Ascenz Marorka, GTT’s smart shipping arm, expands its real-time fleet performance monitoring service to cover the Americas

Categories: News Flash

Date: Mar 22, 2025

Ascenz Marorka is expanding its Real-Time Fleet Performance Monitoring Service to the Americas time ...

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US slaps Iran-related sanctions on oil tankers, China ‘teapot’ refinery

Categories: News Flash

Date: Mar 22, 2025

The US yesterday issued new sanctions intended to hit Iran’s oil exports, including what the State...

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Proposed US port fees on China-built ships begins choking coal, agriculture exports

Categories: News Flash

Date: Mar 22, 2025

U.S. coal inventories to swell and stoking uncertainty in the embattled agriculture market, as expor...

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Baltic index snaps four-day losing streak on higher rates across vessel segments

Categories: News Flash

Date: Mar 22, 2025

The Baltic Exchange’s dry bulk sea freight index, which monitors rates for vessels moving dry bulk...

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BERG delivers the world’s first GreenForge® shafts to the maritime market

Categories: News Flash

Date: Mar 21, 2025

BERG Propulsion is offering the shipping industry its first opportunity to select propeller shafts m...

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US crude imports from Canada fall to two-year low after tariff developments, EIA data shows

Categories: News Flash

Date: Mar 21, 2025

U.S. crude imports from Canada fell to the lowest in two years as U.S. net crude imports also sank, ...

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BAR Technologies Urges Shipping Industry to Recognise Wind as a Key Fuel in Decarbonisation Debate

Categories: News Flash

Date: Mar 21, 2025

In response to a new study by UMAS and the UCL Energy Institute’s Shipping and Oceans Research Gro...

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China’s fuel oil imports rise as traders rush deliveries amid tax policy changes

Categories: News Flash

Date: Mar 21, 2025

China’s fuel oil imports rose 6.8% in the first two months of 2025 from the same period last year,...

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Joint statement of European Shipowners and Sea Europe on European Maritime Industrial Strategy and Sustainable Transport Investment Plan

Categories: News Flash

Date: Mar 21, 2025

European Shipowners | ECSA and Sea Europe issue today a joint statement calling on the Commission to...

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Port Hedland Iron Ore Exports Down 5% on February

Categories: News Flash

Date: Mar 21, 2025

Pilbara Ports delivered a total monthly throughput of 49.5 million tonnes (Mt) for February 2025. ...

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EU Maritime Decarbonisation Target at Risk Without Effective Pricing Tool

Categories: News Flash

Date: Mar 21, 2025

The World Shipping Council (WSC) yesterday released new research that shows both renewable-capable v...

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OPEC, IEA focus on China oil demand, but crude imports are what matter

Categories: News Flash

Date: Mar 21, 2025

What’s more important for crude oil markets? Forecasts of Chinese oil demand growth by leading age...

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Marine oil sales at key ports fall as global trade uncertainty brews

Categories: News Flash

Date: Mar 21, 2025

Sales of marine fuel at top global refuelling ports are slowing at the start of this year as the shi...

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Baltic Index Falls On Lower Capesize, Panamax Rates

Categories: News Flash

Date: Mar 21, 2025

The Baltic Exchange’s dry bulk sea freight index, which monitors rates for vessels moving dry bulk...

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HSFO softens further as market eyes heavy inflows

Categories: News Flash

Date: Mar 20, 2025

Strength in the Asia high sulphur fuel oil (HSFO) market eased further on Wednesday as the market ey...

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ThPA S.A. hosts the 21st edition of the European Sea Ports Organisation Conference (ESPO Conference)

Categories: News Flash

Date: Mar 20, 2025

ThPA S.A. has the honour to host the leading event organized annually by the European Sea Ports Orga...

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Ship Recycling Remained Sluggish, But Cautious Optimism Could Be the Case Soon

Categories: News Flash

Date: Mar 20, 2025

The ship recycling market has been sluggish over the past week, but sentiment could be shifting opti...

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IMO to develop global strategy for maritime digitalization

Categories: News Flash

Date: Mar 20, 2025

IMO to develop global strategy for maritime digitalization: IMO to develop global strategy for marit...

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APC Announces New Global Technical Services Manager

Categories: News Flash

Date: Mar 20, 2025

Advanced Polymer Coatings (APC), the Ohio, USA-based manufacturer of protective tank coatings for ch...

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Rising packaged rice imports from Asia poses threat to EU rice sector: Italian rice association director

Categories: News Flash

Date: Mar 20, 2025

The influx of rice cultivated, processed, and packaged in Asian countries for direct sale to Europea...

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Russian oil flows to India, China unlikely to dwindle despite Ukraine peace talks

Categories: News Flash

Date: Mar 20, 2025

Russia’s temporary halt on attacks on Ukraine’s energy infrastructure has raised hopes of a peac...

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Sea Robbery Incidents in the Straits of Malacca and Singapore

Categories: News Flash

Date: Mar 20, 2025

The ReCAAP ISC alerts the maritime community on the occurrence of incidents of sea robbery onboard b...

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Tanker owners praise ‘exceptionally brave crew’

Categories: News Flash

Date: Mar 20, 2025

The co-owners of a tanker involved in a collision with a cargo ship in the North Sea have released t...