News Flash
Asia Fuel Oil-VLSFO slips after Kuwait’s Al Zour issues fresh tender
Asia’s very low sulphur fuel oil (VLSFO) market softened on Tuesday after Kuwait’s Al Zour refinery issued a fuel oil...
Read More
ThPA S.A. expands its intermodal service to Skopje
ThPA S.A. is launching a new container block-train service between Thessaloniki and the capital of the Republic of North Macedonia,...
Read More
OCI Global completes first European green methanol bunkering in Port of Rotterdam, the Netherlands
OCI Global has successfully bunkered the world’s first ever green methanol-powered container vessel, which is owned by Maersk, in The...
Read More
Higher rates across vessel segments prop up Baltic index
The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, snapped a six-session long streak...
Read More
Asia LNG loses some strike froth, but fundamentals are supportive
Spot prices of liquefied natural gas (LNG) retreated in Asia as the threat of imminent strike action at three Australian...
Read More
Palm ends lower on weaker Malaysian exports, Dalian gains cap losses
Malaysian palm oil futures finished more than 1% lower on Monday following reports of lackluster exports this month, although gains...
Read More
China soybean crush margin turns positive after 2 months, headwind remains
China soybean gross crush margins for October have rebounded from negative to positive territory, with Platts, part of S&P Global...
Read More
Iron ore retreats as market awaits further China support
Iron ore futures retreated on Monday as traders adopted a wait-and-see stance after last week’s rally, spurred by optimism over...
Read More
Ukraine opposes further grain restrictions by neighboring countries -minister
Ukraine strongly opposes the imposition of any restrictions on the import of its grain by neighbouring countries after a European...
Read More
Nordic American Tankers Ltd: The direction of NAT is up
The net income for the first half of 2023 is more than $100 million higher than for the same period...
Read More
Digital port calls to reduce 1000 tons of CO2 emissions annually at the Port of Gothenburg
The Gothenburg Port Authority has started developing an entirely new digital port call solution in collaboration with maritime operators. In...
Read More
Klaveness and Lauritzen demonstrate collaboration as the key to success.
Torvald Klaveness and Lauritzen Bulkers, leading global dry bulk shipping companies, are pleased to announce a collaboration move that sees...
Read More
Kremlin plays down the significance of the second vessel passing via Ukraine’s Black Sea corridor.
The passage of a second ship from Ukraine along a temporary Black Sea corridor has nothing to do with the...
Read More
Second vessel leaves Odesa through temporary Black Sea corridor: Minister
A vessel carrying steel products to Africa has left Ukraine’s Odesa port through a temporary Black Sea corridor, the second...
Read More
Asia Fuel Oil-Cash differentials steady in thin trade
Asia’s high Sulphur fuel oil (HSFO) market held steady after collapsing last week, while very low Sulphur fuel oil (VLSFO)...
Read More
India diesel exports to Singapore set for highs in Aug, drop for Europe -trade
India’s diesel exports to Singapore are set to hit a 19-month high in August and exceed 330,000 metric tons, boosted...
Read More
Asia will continue to dominate global refinery coking capacity additions through 2027, says GlobalData
Asia is set to witness the highest refinery coking capacity additions among all regions during 2023 and 2027, contributing about...
Read More
Prices and higher well productivity drive up U.S. crude oil production forecast
In our August Short-Term Energy Outlook (STEO), we increased our forecast for U.S. crude oil production in the Lower 48...
Read More
Asia Fuel Oil-HSFO crashes as earlier rally fizzles out
Asia’s high sulphur fuel oil (HSFO) weakened sharply on Thursday, a sign that the rally in early August had lost...
Read More
Frontline Sees Spot TCEs for the full third quarter of 2023 to be lower than the TCEs currently contracted
Frontline plc, reported unaudited results for the six months ended June 30, 2023: Highlights Highest second quarter profit since 2008...
Read More