News Flash
Iron ore extends gains on China property stimulus hopes
Categories: News Flash
Date: Jul 13, 2023
Iron ore futures strengthened for a second straight session on Wednesday, lifted by hopes of more s...
Union of Greek Shipowners: Historic agreement achieved at the IMO MEPC 80
Categories: News Flash
Date: Jul 13, 2023
The Union of Greek Shipowners welcomes the 2023 IMO Greenhouse Gas (GHG) Strategy on reduction of G...
Ship carrying US crude oil diverts to Spain after 10-day pause
Categories: News Flash
Date: Jul 13, 2023
A tanker carrying U.S. light sweet crude oil to the United Kingdom paused for 10 days in the Atlant...
Canada nears deal to end port strike, labour minister says
Categories: News Flash
Date: Jul 13, 2023
A bargaining agreement will soon be within reach to end a dispute between striking Canadian dock wo...
METALS-China credit data, lower dollar sustain copper prices
Categories: News Flash
Date: Jul 13, 2023
Copper prices were supported by stronger credit data from top consumer China and a lower dollar on ...
Higher rates across vessel segments prop up Baltic dry bulk index
Categories: News Flash
Date: Jul 13, 2023
The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodit...
Crude oil and natural gas proved reserves held by public companies fell slightly in 2022
Categories: News Flash
Date: Jul 12, 2023
International proved crude oil and natural gas reserves held by 187 publicly traded global explorat...
Startup bets on kitesurf for greener shipping
Categories: News Flash
Date: Jul 12, 2023
Inspired by kitesurfing, French firms want to deploy the same wind technology to propel everything ...
Canadian LNG has the potential to meet the growing Asian demand.
Categories: News Flash
Date: Jul 12, 2023
Speaking at the LNG2023 conference in Vancouver, Dulles Wang, Director, of Americas Gas & LNG a...
Louis Dreyfus Company chose ZeroNorth for vessel fleet performance optimization.
Categories: News Flash
Date: Jul 12, 2023
Technology company ZeroNorth has today announced it has been selected by the leading global merchan...
Singapore port authority seeks proposals for fully electric harbor craft.
Categories: News Flash
Date: Jul 12, 2023
Singapore’s Maritime and Port Authority (MPA) has issued an expression of interest (EOI) call...
Russian gasoline exports jump as Asia, Africa replace Europe
Categories: News Flash
Date: Jul 12, 2023
Russia’s gasoline exports rose in January to June despite the introduction of the European Union...
Cheniere shunning Panama Canal for longer LNG routes to Asia
Categories: News Flash
Date: Jul 12, 2023
Top U.S. LNG exporter Cheniere Energy LNG.A is shunning the Panama Canal to transport liquefied nat...
Asia’s benchmark HSFO cash differential surges to highest in over 10 months
Categories: News Flash
Date: Jul 12, 2023
The benchmark Singapore 380 CST high sulfur fuel oil cash differential over the grade’s swap valu...
US retail investors add equities, while hedge funds trim exposure
Categories: News Flash
Date: Jul 12, 2023
Retail investors bought roughly $7 billion of equities last week, showing a near record appetite fo...
Baltic index edges up on panamax, supramax gains
Categories: News Flash
Date: Jul 12, 2023
The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodit...
Smart container fleet to expand 6-fold over the next 5 years.
Categories: News Flash
Date: Jul 11, 2023
The global telematics-enabled container equipment fleet is forecast to grow 6-fold over the next 5 ...
What would net-zero shipping look like?
Categories: News Flash
Date: Jul 11, 2023
At a UN summit, countries have agreed to curb shipping emissions to net zero “by or around 2050...
The 2023 IMO GHG strategy sends an unequivocal signal to investors that ships being ordered today, and many already built, have to be capable of running on zero-emission fuels.
Categories: News Flash
Date: Jul 11, 2023
With a combination of further IMO action, national, regional and industry action, a 1.5-aligned GHG...
Belships and V. announce strategic partnership.
Categories: News Flash
Date: Jul 11, 2023
Belships ASA and V.Group are pleased to announce a strategic partnership related to Belships’ fle...
Why are Russian oil products still being sold in America?
Categories: News Flash
Date: Jul 11, 2023
The United States has done a great deal to help Ukraine fend off Russia’s full-scale invasion and...
Euro zone investor mood tumbles more than expected in July
Categories: News Flash
Date: Jul 11, 2023
Investor morale in the euro zone sank more than expected in July, hitting a low not seen since Euro...
China’s consumer-driven sectors are a ‘sweet spot’ and opportunity for investors, says KKR
Categories: News Flash
Date: Jul 11, 2023
From pet food to liquor and lighting fixtures, global investing firm KKR is putting its money behin...
Weeklong dock strike on Canada’s west coast is starting to pinch small businesses, experts say
Categories: News Flash
Date: Jul 11, 2023
Canadian consumers aren’t yet feeling the impact of the weekold port strike in British Columbia, ...
Asia Naphtha/Gasoline-Naphtha crack extends gains amid drop in Russian supplies
Categories: News Flash
Date: Jul 11, 2023
Asia’s naphtha refining profit extended gains on Monday amid a drop in supply from Russia in rece...
Baltic index gains on uptick in capesize, panamax rates
Categories: News Flash
Date: Jul 11, 2023
The Baltic Exchange’s main sea freight index rose on Monday, helped by rising rates for the large...
Ship queues mount as dockworker strike in Canada drags on.
Categories: News Flash
Date: Jul 10, 2023
Canada’s two largest Pacific ports — Vancouver and Prince Rupert — remained at a standstill F...
The Fourth Round of the Clean Maritime Demonstration Competition (CMDC4) was announced.
Categories: News Flash
Date: Jul 10, 2023
The UK government has today announced a substantial commitment of £34 million in funding to suppo...
Asia-US container rates tick lower; Canada port strike enters 7th day.
Categories: News Flash
Date: Jul 10, 2023
Rates for shipping containers from east Asia and China to the US continue to fall amid soft demand...
World Shipping Council: MEPC 80 climate targets must be followed by robust regulation.
Categories: News Flash
Date: Jul 10, 2023
At MEPC 80, IMO member nations met the shipping industry’s call for action on climate, setting a ...
Euroseas Ltd. Announces Delivery of M/V Terataki, an Eco 2,800 teu Feeder Containership Newbuilding, and Commencement of the Vessel’s Charter
Categories: News Flash
Date: Jul 10, 2023
Euroseas Ltd., an owner and operator of container vessels and provider of seaborne transportation f...
China miners seek coal import curbs to ease a glut
Categories: News Flash
Date: Jul 10, 2023
China’s coal inventories are so bloated and coal prices so depressed that some of the country’s...