News Flash
Baltic index climbs to more than 2-month high on firm vessel rates
The Baltic Exchange’s dry bulk sea freight hit a more than two-month high on Monday, on robust demand across all...
Read More
War insurers shrug off Rubymar sinking in Red Sea, rates stable
The cost of war risk insurance through the Red Sea remained stable on Monday despite the sinking of the Rubymar...
Read More
Geopolitics and supply chain dynamics will dictate oil and gas outlook in 2024, says GlobalData
The oil and gas industry has witnessed a considerable upheaval in its supply chains amid the protracted Russia-Ukraine conflict and...
Read More
Dalian iron ore falls on slow demand recovery, doubts on long-term China outlook
Dalian iron ore futures prices extended their decline on Monday, dragged down by slow near-term demand recovery and growing doubts...
Read More
CMA CGM Partners with Nike for Sustainable Shipping
We are thrilled to announce a collaboration with Nike to reduce the carbon footprint of their maritime transport. This initiative...
Read More
‘Sky’s the limit’ for shipping derivatives
The sky’s the limit” for the use of derivatives in the shipping industry, according to finance expert and academic Professor...
Read More
Rotterdam World Gateway container terminal invests in shore-based power
Rotterdam World Gateway (RWG) container terminal has decided to equip its entire quayside with shore-based power for all vessels. The...
Read More
US LNG exports fall in February on outage and fewer calendar days
A month-long closure at Freeport LNG plant in Texas and fewer days in the month pushed February U.S. liquefied natural...
Read More
Cyprus Shipping 2024 | New Green Incentives Programme
The Cyprus Shipping Deputy Ministry recently announced a new ‘Green Incentives Programme’, aiming to reward vessels which effectively reduce their...
Read More
Ukraine expands ship war insurance with Marsh & Lloyd’s to iron ore, steel
Insurance broker Marsh MMC.N and Lloyd’s of London underwriters have expanded a marine war insurance programme backed by Ukraine from...
Read More
Only grain ships from Black Sea and for Iran still crossing Red Sea, analysts say
Grain ships originating from the Black Sea or bound for Iran are about the only ones still sailing through the...
Read More
UKMTO receives report of attack west of Yemen’s Mokha
The United Kingdom Maritime Trade Operations (UKMTO) agency said on Saturday that it received a report an attack 15 nautical...
Read More
Yemen’s Houthis say they will continue sinking British ships
Houthi militants have repeatedly launched drones and missiles against international commercial shipping since mid-November. Yemen's Iran-backed Houthis vowed on Sunday...
Read More
Ship sunk by Houthis threatens Red Sea environment, Yemeni government says
The UK-owned Rubymar, attacked by Houthi militants last month, has sunk in the Red Sea, Yemen’s internationally recognised government said...
Read More
Rubymar cargo ship attacked by Houthis has sunk, Yemeni government says
The Rubymar cargo ship, attacked last month, has sunk in the southern Red Sea, Yemen’s internationally recognised government said in...
Read More
Asia Distillates-Margins hit 2-month low, premiums dip again amid ample supply
Asia’s middle distillates markets weakened further against a backdrop of ample March supply from northeast Asian suppliers, cautious expectations on...
Read More
NORDEN adds to Capesize portfolio to meet customer demands
NORDEN acquires four Capesize newbuildings to meet strong demands from customers looking to unlock economies of scale by sizing up...
Read More
India’s Russian oil imports rise in February – ship tracking data
India’s daily crude oil imports from its top supplier Russia are expected to rise in February from the previous month,...
Read More
Iron ore hemmed in tight range as investors reassess China demand prospects
Iron ore futures held in a tight range on Thursday as investors reassessed near-term demand prospects in top consumer China...
Read More
ZeroNorth partners with Vitol to facilitate EUA purchases, accelerating green shipping
New functionality will enable customers to request to buy European Union Allowances from Vitol’s Carbon Desk Copenhagen, Denmark, 29 February...
Read More