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S&P Global expects global trade will grow at a compound rate of 3.3% through to 2028
S&P Global today published the latest edition of its Look Forward research series, focusing on the most important themes that...
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Asia Fuel Oil-HSFO spot discounts hold, Fujairah stockpiles at 7-month low
Spot differentials for high sulphur fuel oil (HSFO) held in discounts as of Wednesday, while residual fuel stockpiles at the...
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BIMCO publishes ship financing forms to ensure uninterrupted use of ships
BIMCO has published two standard Quiet Enjoyment Letters (QELs), the first standard form QELs available to the industry, to offer...
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U.S. energy flows through Panama Canal rose slightly in January
U.S. liquefied petroleum gas (LPG) and ethane exports through the Panama Canal rose in January 2024 with a return to...
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Baltic index rises as Capesize, supramax segments post gains
The Baltic Exchange’s dry bulk sea freight index extended gains for a fourth straight session to hit an over one-month...
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Rotterdam bunkers MOC sees first trade in a year on the uptick in activity.
An uptick in activity in the Platts European bunker Market on Close at the start of 2024 has resulted in...
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Baltic index edges up on gains in smaller vessels
The Baltic Exchange’s dry bulk sea freight index edged up to hit a one-month high on Tuesday, as gains in...
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Asia Distillates-Gasoil premiums under downward pressure as offers dip
Spot premiums for gasoil fell on Tuesday on lower-priced offers, while market backwardation also weakened from the prior day. The...
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Middle East Crude-Murban premium hits month’s high on robust demand
Middle East crude benchmarks Oman and Dubai edged higher on Tuesday, while Murban’s premium touched the highest level this month...
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MOL Magsaysay Maritime Academy in the Philippines Holds 1st Commencement Exercises Ceremony
Mitsui O.S.K. Lines, Ltd. (MOL; President & CEO: Takeshi Hashimoto) announced that MOL Magsaysay Maritime Academy Inc., a merchant marine...
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UK P&I Club announces strong results for 2024 renewals season; reinforcing platform for growth as maritime market demands evolve.
The UK P&I Club has announced the successful completion of the P&I renewal for 2024. The 2024 renewal focus has...
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Asia Fuel Oil-VLSFO cash premium inches up, but bunker demand slows.
Asia’s cash premium for Very Low Sulphur Fuel Oil (VLSFO) edged up on Tuesday, though bunker premiums remained at a...
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NorthStandard posts strong renewal results one year on from the merger
NorthStandard confirms strong renewal results across the board, in its first year of operation. NorthStandard reports a rise in premium...
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Orca AI platform drives significant reduction in CO2 emissions and fuel spending across the 267-strong fleet in 2023
A comprehensive analysis by maritime technology company Orca AI shows that its market-leading automated situational awareness platform achieved significant operational...
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CMA CGM says the ship transited the Red Sea under French naval escort.
French shipping and transport company CMA CGM said on Tuesday that its Jules Verne container ship transited the Red Sea...
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WAF-East VLCC rates hit eight-month high as tonnage supply remains limited
The West African Very Large Crude Carrier market has seen a major spike in rates since the start of February,...
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Interocean Marine Services positions for a strong 2024 with new Leadership and Brand
Interocean Marine Services (Interocean), the specialist provider of support services to the offshore, energy, marine and renewable sectors, has kicked...
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How the extended EU Emissions Trading System will impact maritime transport and ports
From 1 January this year, global shipping is now a part of the European Union’s Emissions Trading System (EU ETS),...
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Yemen’s Houthis say ship attacked in Gulf of Aden may sink
Yemen’s Houthi militants said on Monday they had attacked another cargo vessel in the Gulf of Aden which was at...
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Red Sea disruption to impact deliveries, not output – QatarEnergy CEO
Disruption to shipping in the Red Sea region will impact QatarEnergy’s deliveries of liquefied natural gas (LNG) but not its...
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