News Flash

MerlinGroup takes another step in making their fleet environmentally friendly by retrofitting dry cargo vessel Sayonara with Stage V engines

Arkel-based inland shipping company MerlinGroup is starting a conversion project for the Sayonara. The vessel, one of nine in its...
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Shipowners move bunkering operations offshore to avoid congestion at Panama Canal – Monjasa

The restriction has caused a ripple effect on the canal’s bunkering logistics, global bunker supplier Monjasa says. The Panama Canal,...
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Seaspan and AES sign MoU to collaborate on LNG Bunkering Business Development

In the framework of the 3rd International LNG Global Forum, held in Cartagena, Colombia, Seaspan has signed a Memorandum of...
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Asian wheat millers seen boosting imports on higher price expectations

Asian flour millers are likely to step up purchases as global wheat supplies are forecast to tighten in the months...
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Korea Shipbuilders Lose Orders to China in September Following August

Korea’s shipbuilding industry lost ground to its rival, the Chinese shipbuilding industry, in September. According to Clarkson Research, a U.K.-based...
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China is swing factor in diesel’s global squeeze

Vladimir Putin is flexing his diesel muscles, but Xi Jinping’s look bigger. The Russian president’s recent decision to ban diesel...
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MOL becomes new strategic shareholder in Odfjell Oceanwind

Following a recent private placement, Mitsui O.S.K. Lines, Ltd. (MOL) has become a shareholder in Odfjell Oceanwind, thus becoming an...
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WTO lowers 2023 trade growth forecast amid global manufacturing slowdown

Projections for growth in global merchandise trade in 2023 have been scaled back by WTO economists amid a continued slump...
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Russia surpasses UAE as India’s top naphtha supplier amid discounts

Russia has overtaken the United Arab Emirates (UAE) to become India’s top naphtha supplier, data shows, as New Delhi takes...
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Asia Distillates-Markets weighed on by closed arb, limited regional cues

Asia’s middle distillates market remained weighed on by a closed east-west arbitrage window, for gasoil specifically, weakening ICE gasoil futures...
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Lloyd’s Register unifies its digital offering with OneOceanLR

Lloyd’s Register has merged its existing digital platforms under its new OneOceanLR brand, which has been launched following several recent...
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Asia Fuel Oil-HSFO cash discount deepens, while VLSFO rally cools

Asia’s spot high sulphur fuel oil (HSFO) market slipped into a steeper discount on Thursday, while the very low sulphur...
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Institutional investors advised by J.P. Morgan order dual-fuel methanol IMO II Mr newbuilds with Totalenergies

J.P. Morgan Global Alternative’s Global Transportation Group (“JPMGTG”) (is pleased to announce that institutional investors advised by JPMGTG have concluded...
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Greece proposes using Aegean Sea ports for transporting Ukrainian grain

Greece proposes to use its ports in the Aegean Sea as a corridor for the export of Ukrainian grain, writes...
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Baltic index scales 11-month peak on robust capesize demand

The Baltic Exchange’s main sea freight index rose to an 11-month high on Thursday as demand for capesize vessels remained...
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TotalEnergies Marine Fuels completes first LNG bunker operations for new dual-fuelled vessels owned by the Angelicoussis Group

TotalEnergies Marine Fuels has recently completed its first liquefied natural gas (LNG) bunkering operations for two new, dual-fuelled vessels owned...
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Cargill faces Brazil criminal probe over Amazon port project

Brazilian federal prosecutors are investigating transactions involving grains trader Cargill and a Brazilian partner after they found “irregularities” in the...
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Saudi Arabia, Russia to continue 1.3 mil b/d supply cuts to end 2023

Saudi Arabia and Russia have confirmed plans to continue combined 1.3 million b/d supply cuts until the end of 2023...
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Global copper market to see 27,000 metric ton deficit in 2023, says ICSG

The global copper market is expected to see a deficit of 27,000 metric tons this year and a surplus of...
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India Cenbank seen holding rates steady Friday but striking hawkish tone

India’s monetary policy committee is widely expected to keep key rates on hold when it announces its decision on Friday...
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