News Flash
ITIC suggests EU ETS will cost the shipping industry billions.
International Transport Intermediaries Club (ITIC) has forecasted that the cost of the European Union’s (EU’s) new Emissions Trading Scheme (ETS)...
Read More
Clarksons: Car Carrier Market At Record Highs
Car Carrier Trade & Transport 2023, the comprehensive annual review and outlook for the car carrier shipping market, has today...
Read More
MISC’s LNG segment outlook to remain positive in 2H24, says RHB Research
MISC Bhd’s liquefied natural gas (LNG) outlook remains positive, and the company believes that clients are willing to offer decent...
Read More
Safety is a Catalyst for Decarbonization Innovation, ABS Chairman and CEO Tells COP28
“Safety is not merely a box to check but a dynamic force shaping the trajectory of our industry. It acts...
Read More
Wärtsilä to extend existing biogas plant to produce 45 tons of bio LNG per day.
Technology group Wärtsilä will supply, install, commission and start-up the biogas upgrading and liquefaction units for a Swedish bioLNG plant....
Read More
Asia Fuel Oil-HSFO cash differential fluctuates in volatile trade.
Asia’s cash differential for 380-cst high sulphur fuel oil (HSFO) has been teetering between discounts and premiums in recent sessions...
Read More
Baltic index snaps 4-day losing streak on firm capesize rates.
The Baltic Exchange’s dry bulk sea freight index, tracking rates for ships carrying dry bulk commodities, rose on Monday as...
Read More
Keppel partners AM Green to explore biogenic carbon-based sustainable fuels opportunities in Asia and the Middle East
Keppel Corporation Limited (Keppel), through its Infrastructure Division, and AM Green, which is wholly owned and controlled by the founders...
Read More
China’s economy has a ‘steep hill to climb’ despite positive export surprise, HSBC says
The Chinese economy still has a “steep hill to climb” despite a surprise pickup in exports and is unlikely to...
Read More
US drillers add oil and gas rigs for fourth week in a row – Baker Hughes
U.S. energy firms this week added oil and natural gas rigs for a fourth week in a row for the...
Read More
US wage growth, once an inflation risk, may now be the prop a soft landing needs
Federal Reserve officials will look at new wage data due out Friday to confirm what many have come to suspect:...
Read More
Asia spot LNG prices fall on continued muted demand
Asian spot liquefied natural gas (LNG) prices slightly fell this week on continued lack of interest for spot supply from...
Read More
Comfortable European gas market
European storage at record levelsThe European gas market couldn’t have entered the 2023/24 heating season in better shape. The heating...
Read More
APM Terminals and DP World launch Zero Emission Port Alliance at COP28
APM Terminals and DP World today announce the formation of the Zero Emission Port Alliance (ZEPA), an industry-wide strategic coalition...
Read More
India turns to coal as hydro generation falls
India produced a record amount of electricity from coal in October to make up for a shortfall in hydro generation...
Read More
Singapore’s PIL and DP World to decarbonize shipping with biofuel shipments
Singapore shipping company Pacific International Lines (PIL) and Dubai-based port operator DP World agreed to jointly develop green solutions to...
Read More
China Shipping Turns Green: Chinese shipbuilders adopt green tech for orders
The International Maritime Organization has set a goal for net-zero emissions in the shipping industry by 2050. China, being a...
Read More
Shipping seeks safe waters in era of deadly geopolitics
As tankers, car-carriers and other merchant vessels pass through the Malacca Strait, unlit fishing boats criss-cross the shipping lanes at...
Read More
Baltic index extends losses on lower vessel demand
The Baltic Exchange’s dry bulk sea freight index, tracking rates for ships carrying dry bulk commodities, fell for a third...
Read More
Hayfin to acquire up to $1bn of shipping assets through Maritime Yield strategy, building on longstanding sector track record
Hayfin Capital Management (“Hayfin”), a leading alternative credit platform, today announces that it has completed a fundraising process for its...
Read More