News Flash
Asian LNG buyers seek flexible contracts to backstop supply security
Categories: News Flash
Date: Sep 13, 2024
Asian LNG importers are increasingly using flexibility in LNG contracts to manage supply security su...
DNV and Brinav signs MOU further broadening their autonomy collaboration
Categories: News Flash
Date: Sep 13, 2024
Classification society DNV and Navigation Brilliance (Brinav), have signed a memorandum of understan...
China’s crude oil imports rebound, but it’s prices, not consumption
Categories: News Flash
Date: Sep 13, 2024
China’s crude oil imports staged a rebound in August, rising to the highest in a year, but the inc...
Trump tariff threats will trigger import ‘rush,’ say trade experts, and consumers pay the price
Categories: News Flash
Date: Sep 13, 2024
Trade analysts are warning that new tariffs threatened by former President Donald Trump, which he do...
Asia Fuel Oil-VLSFO eases while HSFO retains support
Categories: News Flash
Date: Sep 13, 2024
Asia’s very low Sulphur fuel oil (VLSFO) showed signs of further easing on Thursday as backwardati...
Baltic index falls as capesize rates decline
Categories: News Flash
Date: Sep 13, 2024
The Baltic Exchange’s main sea freight index tracking rates for ships carrying dry bulk commoditie...
European shipowners and fuel producers join forces and launch Clean Maritime Fuels Platform
Categories: News Flash
Date: Sep 13, 2024
Access to clean maritime fuels is a top priority for the decarbonisation of the shipping sector. The...
Risky salvage of Sounion tanker to restart in Red Sea this week, sources say
Categories: News Flash
Date: Sep 13, 2024
Experts will this week resume a risky operation to salvage the Sounion tanker which was attacked by ...
Bearish oil price view looms over LNG trading and contracting activity
Categories: News Flash
Date: Sep 12, 2024
US elections watched closely for impact on foreign policy A bearish oil price view for 2025 is li...
Vale bumps up 2024 iron ore production forecast, shares rise
Categories: News Flash
Date: Sep 12, 2024
Brazilian miner Vale on Wednesday bumped up its forecast for iron ore output this year after a stron...
Oceanic Partners with VIKAND to Provide Mental Health Training to Officers
Categories: News Flash
Date: Sep 12, 2024
Global marine services provider Oceanic, through its SeaMedzą Medical Solutions, will offer VIKAND'...
Weathernews and Lauritzen Bulkers sign new 3-year contract for enhanced maritime solutions
Categories: News Flash
Date: Sep 12, 2024
Weathernews, a global leader in weather intelligence and maritime solutions, is pleased to announce ...
ABB permanent magnet shaft generator technology to power 15 LNG carriers for Qatar Energy
Categories: News Flash
Date: Sep 12, 2024
ABB has won an order from Samsung Heavy Industries Co. Ltd. (SHI) to equip 15 liquified natural gas ...
LNG buyers flag US supply risks after export pause
Categories: News Flash
Date: Sep 12, 2024
Major buyers of liquefied natural gas (LNG) flagged risks of purchasing cargoes from the United Stat...
UK cracks down on illicit 'shadow fleet' transporting Russian oil globally
Categories: News Flash
Date: Sep 12, 2024
The UK has today (11 September) sanctioned to vessels operating as part of Putin's 'shadow fleet, in...
Asia Fuel Oil-HSFO spot premium hits over a year's high; KPC offers HSFO for October
Categories: News Flash
Date: Sep 12, 2024
Spot premium for 360-cst high sulphur fuel oil (HSFO) was at more than a year's high as of Wednesday...
All eyes on APPEC as crude tanker freight rates soften further
Categories: News Flash
Date: Sep 12, 2024
As APPEC kicks off there have been various reports and thought pieces expressing a doubtful tomorrow...
Baltic index gains as larger vessel rates rise
Categories: News Flash
Date: Sep 12, 2024
The Baltic Exchange's main sea freight index racking rates for ships carrying dry bulk commodities r...
Anemoi awarded DNV Type Approval for 5x35m Rotor Sail design
Categories: News Flash
Date: Sep 11, 2024
Wind-assisted propulsion systems developer Anemoi Marine Technologies has secured a Type Approval De...
Maritime leaders' confidence on the rise amidst increased geopolitical risk
Categories: News Flash
Date: Sep 11, 2024
Data from the ICS Barometer Report 2023-2024 – launched today – has demonstrated the positive im...
Asia Distillates-Jet fuel market bustling as traders' prompt purchases continue
Categories: News Flash
Date: Sep 11, 2024
Asia's middle distillates markets saw some upbeat market activity on the jet fuel front, though gaso...
Opsealog report advocates for data standardisation to accelerate the value delivered by maritime digitalisation
Categories: News Flash
Date: Sep 11, 2024
Opsealog, a provider of data integration and analysis services for the maritime and offshore industr...
Maersk and Hapag-Lloyd announce two ocean network options with equal industry-leading schedule reliability
Categories: News Flash
Date: Sep 11, 2024
In February 2025, Maersk A/S (Maersk), an entity under A.P. Moller – Maersk, and Hapag-Lloyd AG (H...
September Import Cargo to Remain Elevated Ahead of Possible Port Strike
Categories: News Flash
Date: Sep 11, 2024
The nation's major container ports are expected to see another busy month in September ahead of a po...
Secretary-General Stresses Safe Navigation for Seafarers Anchoring Crucial Shipping Industry ‘Must Not Be Compromised’, Marking World Maritime Day
Categories: News Flash
Date: Sep 11, 2024
Following is UN Secretary-General António Guterres’ message for World Maritime Day, observed on 2...
Emissions and fuel use slashed in SulNOx generator trial
Categories: News Flash
Date: Sep 11, 2024
SulNOx, the greentech innovation company helping industry reduce emissions, lower fuel costs and mee...
OceanScore calculates €175m potential costs for Greek shipping with FuelEU Maritime
Categories: News Flash
Date: Sep 11, 2024
Greek shipping companies are set to face a total bill of over €175m in penalties incurred under Fu...
Baltic index retreats as capesize rates dip
Categories: News Flash
Date: Sep 11, 2024
The Baltic Exchange's main sea freight index retreated on Tuesday after hitting its highest in nearl...
Greece to spend an additional 3.5 bln euros next year on wages, pensions
Categories: News Flash
Date: Sep 10, 2024
Greece will spend an additional 3.5 billion euros ($3.9 billion) next year on pension and wage hikes...
Oil demand worries and natural gas supply risks
Categories: News Flash
Date: Sep 10, 2024
Demand fears weigh on oil Oil prices saw a fair amount of volatility in August In fact, implied v...
Iron ore snaps six-day losing streak on hopes of China stimulus
Categories: News Flash
Date: Sep 10, 2024
Iron ore futures prices rose on Monday after six days of losses, as hopes of fresh stimulus from top...
Morgan Stanley cuts Brent crude price view as market signals demand softness
Categories: News Flash
Date: Sep 10, 2024
Morgan Stanley on Monday cut its Brent crude oil forecasts for coming quarters and said the global o...