News Flash
Iron ore rises on expectations of Chinese pre-holiday restocking
Iron ore futures rose on Monday, aided by expectations of restocking by steelmakers in top consumer China, although high portside...
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Shanghai Port sees annual container throughput exceed 50 million TEUs
Shanghai Port became the first in the world to see the annual container throughput exceed 50 million 20-foot equivalent units...
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China launches hydrogen-powered container ship, capable of sailing 380 kilometers
China has launched its first hydrogen-powered container ship, capable of carrying 64 standard containers, in Jiaxing, East China’s Zhejiang Province,...
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S. Korean shipbuilders to retain edge in high-value vessels despite order slump
South Korea’s share of global new ship orders is expected to fall below 20% this year, the lowest since the...
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Somali piracy 2.0 – the BBC meets the new robbers of the high seas
Two Somali fishermen wearing big scarves over their heads to hide their faces glance around furtively as they walk into...
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Australia raises 2024-25 met coal export forecast by 1.2% on favorable weather
Australia has raised its projected metallurgical coal exports for the fiscal year 2024-25 (July-June) by 1.2% to 163 million mt,...
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Spot premiums inch up but margins rangebound
Spot premiums for fuel oil inched higher in Asia on Monday, supported by stronger bids, though refining margins were rangebound...
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PSC focus on NOx technical files and machinery components
International requirements on greenhouse gas (GHG) emissions are currently high in focus of Port State Control (PSC). The EIAPP certification...
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Middle East share of India’s Nov oil imports at 9-mth high; Russia down
India’s November crude imports showed Middle Eastern oil at a 9-month high while Russia accounted for its smallest share in...
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Trump says US could retake Panama Canal as he rails against ‘rip-off’ shipping fees
US President-elect Donald Trump has suggested that his new administration could try to regain control of the Panama Canal that...
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For Indian oil products exporters, Europe offers an opportunity like no other
Europe is increasingly turning out to be the brightest market for Indian oil products exporters that have capitalized on the...
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ACD urges union, US Gulf, East Coast ports to delay deadline for contract agreement
With the 15 January target date for a new master agreement between union dock workers and US Gulf and East...
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U.S. crude exports to Europe expected to fall in Jan as shipping economics weaken
U.S. crude oil exports to northwest Europe are likely to slip early next year after hitting a record high in...
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Asia’s shipbuilding renaissance: Record orders and rising prices
In recent decades, Asia has emerged as the epicentre of the shipbuilding industry, thanks to its strategic location and the...
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FuelEU Maritime Series: Compliance and Adjustment Mechanisms
In the fourth instalment of our six-part series uncovering the FuelEU Maritime Regulation, we examine the steps required to achieve...
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Turbulent seas ahead: The future of container shipping for 2025 and beyond
As we approach 2025, the global container and shipping industry is at a challenging crossroads. Geopolitical changes, new environmental requirements...
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Asia-US container rates surge as volumes pulled forward ahead of strike, tariffs
Rates for shipping containers from east Asia and China to the US surged this week as importers pulled volumes forward...
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Russia remains China’s top crude oil supplier in November as Saudi overtakes Malaysia
Russia held its position as the top seller of crude oil to China in November while Saudi Arabia overtook Malaysia...
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Sanctioning Entities Engaged in Transporting Iranian Oil and Violations of Human Rights
The United States is taking action to stem the flow of revenue that the Iranian regime uses to support terrorism...
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Asian spot LNG prices at 10-week low on weak demand, mild weather
Asian spot liquefied natural gas (LNG) prices fell this week to its lowest level in 10 weeks amid mild weather...
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