News Flash

China’s export container shipping price index down in July

China’s export container shipping price index dropped in July, data from the Shanghai Shipping Exchange shows. The average China Containerized...
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Shanghai launches containerized freight index futures, aiming to help firms hedge against fluctuation risks

Shanghai International Energy Exchange (INE) on Thursday said the Containerized Freight Index (Europe Service) Futures Contracts (EC futures contracts) will...
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Globus Maritime Limited Announces Amendment to Term Loan Facility and Signs Agreements to Sell Two Vessels

Globus Maritime Limited announced that it has entered into, amended and restated a term loan facility with First Citizens Bank...
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Suez Canal plans to transport ports to regional centers for fueling ships

Day after day, the economic zone of the Suez Canal acquires a new dimension in achieving the added value of...
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Russia remains China’s top crude supplier in July despite narrower discounts

Russia remained China’s largest crude supplier in July, Chinese government data showed on Sunday, even as Russian shipments fall from...
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China’s July Australian coal imports hit 3-yr peak on healthy margins

China’s imports of Australian coal rose in July even as total coal arrivals declined, with Australia’s high-quality fuel remaining cheaper...
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Baltic index scales near three-month peak on demand for smaller vessels

The Baltic Exchange’s main sea freight index .BADI rose to its highest level in nearly three months on Thursday, propelled...
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ABB : and Samsung Engineering to collaborate on gas analyzers for Saudi Arabia’s energy industries

ABB has signed a framework agreement with Samsung Engineering in Saudi Arabia to collaborate in engineering and procurement activities in...
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Best practices and safety considerations for nickel ore shipments

General The period from April to November marks the traditional typhoon season in the waters of the Philippines and China,...
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Svitzer designing world’s first methanol hybrid fuel cell tug

Svitzer, a leading global towage provider and part of A.P. Moller-Maersk, is today launching the second phase of its project...
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Clarkson : Changes to Chemical & Gasoline blending component trade flows in H2 2023

Amid the ongoing weakness seen across the global petrochemical sector, the comparative recovery of gasoline and transport fuel demand this...
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Tufton’s Kamsarmax Bulker Installed With Anemoi Rotor Sails Expected To Save 10% of Fuel & Emissions Annually

Installation of Rotor Sails on TR Lady, an 82,000 dwt Kamsarmax bulk carrier, was completed in Chengxi Shipyard, China, in...
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Odfjell first to install suction sails on deep- sea chemical tanker

In partnership with bound4blue, a pioneering developer of wind-assisted propulsion technology, Odfjell will install the innovative eSAIL® system on a...
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Dubai’s DP World posts 10% fall in H1 profit, flags uncertain trade outlook

Dubai’s state-owned ports giant DP World said on Thursday its first-half profit fell nearly 10% from a year earlier, even...
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German government to examine finances of private LNG operator

The German government will examine the finances of Deutsche ReGas, the operator of a planned liquefied natural gas (LNG) terminal...
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Asia Fuel Oil-HSFO markets gain, VLSFO cash premium stable

Cash differentials in Asia’s high sulphur fuel oil (HSFO) market gained and very low sulphur oil (VLSFO) were steady on...
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Charleston chosen to host a global conference on emerging maritime innovations.

The 97th Annual Convention of the International Propeller Club of the United States will be held September 26-28, 2023, after...
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Three bulk vessels were recently robbed in the Singapore Strait.

Three bulk vessels were looted earlier this week in the Singapore Strait, according to a Singapore-based regional maritime security center...
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2020 Bulkers Ltd. (2020) – Second Quarter 2023 Results.

2020 Bulkers Ltd. ("2020 Bulkers" or the "Company") reported unverified economic and operational results for both the three and six...
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BSM confirms Joseph Schulte’s vessel departed Odesa for Istanbul.

The Joseph Schulte freighter has left the Ukrainian port of Odesa and is its route to Istanbul, according to Bernhard...
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