News Flash

Data governance – the backbone of successful data management

We are now living in a new transformational era driven by big data, cloud services and AI. Even in the...
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Russia’s October seaborne diesel exports fall on ban, maintenance

This content was produced in Russia where the law restricts coverage of Russian military operations in Ukraine -Seaborne diesel and...
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China steel association says EU carbon tax a new trade barrier, calls for more talks

The Carbon Border Adjustment Mechanism (CBAM) proposed by the European Union creates a new trade barrier for Chinese exports, China’s...
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US drillers cut oil and gas rigs to lowest since Feb 2022- Baker Hughes

U.S. energy firms this week cut the number of oil and natural gas rigs operating to their lowest since February...
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Columbia Shipmanagement strengthens presence north of Med with CSM Northern Europe

Columbia Shipmanagement (CSM), member of the Columbia Group, is strengthening its presence in Northern Europe by establishing CSM Northern Europe,...
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Asia spot LNG prices fall amid full inventories, mild weather

Asian spot liquefied natural gas (LNG) prices fell this week but remained at a near nine-month high as geopolitical risks...
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Atlantic iron ore FOB pricing sees wider Vale formula premium in October

Atlantic Basin iron ore contracts with long-term freight formulas, such as those with fixed freight terms used by Brazilian miner...
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Asia Fuel Oil-VLSFO steadies after latest rally, timespreads cool

Asia’s very low sulphur fuel oil (VLSFO) steadied on Thursday following a recent spike, while backwardation timespreads also eased after...
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Weaker vessel demand pushes Baltic index to over 1-month low

The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, fell to a more than...
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NORDEN reports net profit of USD 99 million in Q3 2023 and continues to return cash to shareholders

For Q3 2023, NORDEN reports a profit of USD 99 million (approx. DKK 700 million). For the first nine-months of...
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EU sanctions on Russia’s coal increase U.S. coal exports to Europe

U.S. coal exports increased by 5.7 million short tons (MMst) in the 12 months after EU sanctions on coal from...
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Euro zone factory downturn deepened in October -PMI

Euro zone manufacturing activity took a further step back last month in a broad-based downturn, according to a survey which...
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Chevron in talks on 15-year LNG supply contracts into Europe

Chevron (NYSE:) is negotiating contracts to supply liquefied (LNG) into Europe for up to 15 years as buyers expect the...
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ENGINE: Americas Bunker Fuel Availability Outlook

North AmericaAvailability of VLSFO and LSMGO grades in Houston has been good so far this week. Several suppliers can deliver...
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Maersk Supply Service Selects Inmarsat Fleet Data End-User Api To Enhance Performance Of Battery-Optimised Vessel

Maersk Supply Service has selected Fleet Data IoT platform from Inmarsat Maritime, a Viasat business, to help optimise the performance...
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Asia Distillates-Cracks rise for 3rd session on gains in West despite thin trade

Asia’s middle distillates markets were supported for a third consecutive session by stronger performance in the West, despite thin trading...
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Iron ore extends gains on growing buying appetite

Iron ore extended gains for a second consecutive session on Thursday due to growing appetite for the fundamentally healthy steelmaking...
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ABB and Carnival Corporation sign strategic partnership for Azipod® propulsion services

ABB and Carnival Corporation & plc have signed a long-term partnership agreement to collaborate on continued operational excellence and ship...
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ABS Report Shines Light on Complex Regulatory Landscape in Maritime Industry

ABS shines a light on the maritime industry’s complex regulatory environment in a major new report summarizing the latest global...
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ENGINE: Europe & Africa Bunker Fuel Availability Outlook

Northwest EuropeHSFO availability has shown signs of improvement in Rotterdam. Some sources say that product loading delays and congestion at...
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