Asia’s spot market for Very Low Sulphur Fuel Oil (VLSFO) dipped on Tuesday after a flurry of spot trades emerged. Trafigura bought six VLSFO cargoes on the spot market window on Tuesday, based on industry sources. Singapore’s VLSFO cash premium pegged at $3.65 a...

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Iron ore futures extended falls on Tuesday to their lowest levels in nearly seven weeks, as signs of weakening in both near-term demand and mid-to-long term uptake prospects in top consumer China and lingering high portside inventories weighed. The most-traded...

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MAN Energy Solutions has signed a Memorandum of Understanding (MoU) with Eastern Pacific Shipping (EPS) at Posidonia 2024 International Shipping Exhibition in Piraeus, Greece, on the development of crew training for the handling of ammonia as fuel on vessels. Signed...

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The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commodities, edged higher on Tuesday as the capesize vessel segment gained. The overall index, which factors in rates for capesize, panamax and supramax shipping vessels,...

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At Posidonia 2024, ABS signed a memorandum of understanding (MOU) with HD Korea Shipbuilding & Offshore Engineering Co., Ltd. (HD KSOE); HD Hyundai Heavy Industries, Co., Ltd. (HHI); and the Liberian International Ship & Corporate Registry (LISCR) to...

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