News Flash

Asia Fuel Oil-HSFO holds in discounts amid persistent flurry of offers

Asia’s high sulphur fuel oil (HSFO) market held in discounts on Tuesday as persistent selling interest and multiple offers continued...
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Mitsui OSK rerouting all vessels via Cape of Good Hope

Japan’s Mitsui OSK Lines (MOL) 9104.T has rerouted all of its ships via the Cape of Good Hope due to...
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Baltic index rises on stronger vessel rates across segments

The Baltic Exchange’s dry bulk sea freight index rose to an over one-week high on Tuesday, as vessel rates gained...
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Up to 35 Aframax tankers could switch to carrying cleaner fuel: Kpler

As many as 35 oil tankers that usually carry crude or fuel oil could switch to carrying cleaner products like...
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Asia LNG imports are robust, but record supply keeps spot prices muted

The spot price of liquefied natural gas (LNG) is continuing to meander at low levels amid ample supply from major...
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Increase in LNG imports highlights Brazil’s impact on prices

The growing weight of Brazil in the global LNG market has been a driver in a push for more price...
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Asia Distillates-Markets little changed; more spot activity likely for Mar soon

Asia’s middle distillates markets were little changed on Monday on persistently limited swaps and physical discussions in the open trading...
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Dalian iron ore falls on mounting inventory, China property worries

Dalian iron ore futures fell on Monday, amid persistent caution due to mounting port inventory and lingering property worry in...
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Oldendorff Carriers to significantly reduce emissions by outfitting three Norsepower Rotor Sails™ to a post-Panamax bulk carrier

Oldendorff and Norsepower have announced an agreement to use Norsepower Rotor Sails™ to further reduce CO2 emissions on a modern...
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Action must be taken now to be ready for future crewing challenges, says Filipino crewing specialists Senator

The industry needs to take action now to be ready for future crewing challenges and ensure quality seafarers are staying...
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Ammonia attracts the shipping industry, but researchers warn of its risks

Switching to ammonia as a marine fuel, with the goal of decarbonisation, can instead create entirely new problems. This is...
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Asia Fuel Oil-VLSFO cargo premiums hold, bunker premiums extend climb

Asia cash premiums for very low sulphur fuel oil (VLSFO) cargo held stable as of Monday, while bunker premiums continued...
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Baltic index hits one-week high on capesize strength

The Baltic Exchange’s dry bulk sea freight index rose to a one-week high on Monday, as gains in the capesize...
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Biden’s pause on US LNG export approvals: four questions answered

On January 26th, after weeks of speculation and mounting concerted pressure from environmental activists and others, US President Joe Biden...
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European LNG bunker fuel prices competitive despite winter

LNG bunker fuel in Rotterdam has been more competitive in comparison with other shipping fuels this winter, trading at discounts...
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CMA CGM halts Red Sea transit on security risks

Shipping group CMA CGM on Friday suspended until further notice all crossings by its vessels of the Bab al-Mandab Strait...
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European Businesses Prioritising Supply Chain Innovation And Resilience Amid Geopolitical Uncertainty

New research from Economist Impact and DP World reveals that European businesses are deploying innovation and technology in supply chains...
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Venezuela’s January oil exports fell 25% amid outages at terminal

Venezuela’s exports of crude and refined products fell by 25% in January to some 624,000 barrels per day (bpd) as...
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Port of Newcastle: Fluctuating Trade Challenges A Feature For 2023

Figures released today reveal a shift in weather and demand has had a significant impact on Port of Newcastle’s diversified...
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Double pay and going dark: How shipping companies are navigating Red Sea attacks

Concern is growing for the lives of sailors, as the campaign of attacks on shipping in the Red Sea by...
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