News Flash

Rain raises Rhine river levels in Germany; north still too shallow

Heavy rain has raised water levels on the Rhine in Germany, but the river is stilltoo shallow in central northern...
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Iranian oil remains stuck off US coast as shippers fear repercussions

A cargo of sanctioned Iranian crude oil that was confiscated by the U.S. has sat off the Texas coast for...
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Rated Chinese Corporates’ Credit Fundamentals Improve; Leverage Stable

Credit fundamentals for most Chinese corporate sectors in Fitch’s rated portfolio have improved after China’s economy re-opened in late-2022, says...
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Baltic index logs best day in nearly 5 months on capesize strength

The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, on Wednesday, posted its biggest...
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China’s Support Signal for Private Companies May Influence Credit Profiles

A commitment to support the private sector’s growth, issued jointly by China’s State Council and the Central Committee of the...
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Middle East Crude-Benchmarks climb as traders speed up spot purchases

Middle East crude benchmarks rose on Tuesday as traders accelerated clearing spot cargoes toward the end of the July trading...
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Japan still seen missing target to balance primary budget by March 2026

Japan’s government on Tuesday left its own projections unchanged for achieving a primary budget surplus in the fiscal year ending...
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Smart Maritime Network and ClassNK launch Standardised Data Innovation Challenge for start-ups and entrepreneurs

Smart Maritime Network, a leading platform for digital transformation in the maritime industry, is pleased to announce the launch of...
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Asia Fuel Oil-VLSFO downtrend pauses, while HSFO eases slightly

Asia’s spot fuel oil market has started to stabilise in recent sessions, with very-low sulphur fuel oil (VLSFO) holding steady...
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FuelEU maritime initiative: Council adopts new law to decarbonise the maritime sector

More renewable and low-carbon fuels will reduce the carbon footprint of the maritime sector in the EU following today’s adoption...
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Baltic index drops to lowest in over seven weeks

The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, extended declines on Tuesday pressured...
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Iron ore futures rally on China stimulus pledge

Iron ore futures rose on Tuesday, as China’s pledge to provide more support for its flagging economy lifted sentiment, while...
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India’s mineral production up 6.4% in May

Domestic mineral production grew 6.4% year-on year in May, the mines ministry said on Tuesday. “The index of mineral production...
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Russia-Africa summit to discuss Moscow’s grain and fertiliser exports – RIA

Russia and nations taking part in this week’s Russia-Africa summit will discuss Moscow’s grain and fertilisers exports, Oleg Ozerov, ambassador...
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Middle East Crude-Murban rises as gasoil, naphtha refining margins improve.

Middle East crude benchmarks were mixed on Monday, with Dubai declining amid the further narrowed Brent/Dubai spread while Murban rose...
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Voluntary Seafarers’ Charter Is A Step Forward But Must Be Made Mandatory.

Nautilus International, the UK’s largest maritime union, has called the government’s Seafarers’ Charter “a step forward” but continues to urge...
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SGX iron ore tracks real estate lower; muted China stimulus-response.

Dalian iron ore futures ended relatively unchanged on Monday, as property sector concerns erased earlier gains, whileSingapore iron ore futures...
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Russia’s Black Sea oil exports seen stable over the weekend – traders.

Oil loadings from Russia’s Black Sea ports remained stable over the weekend despite rising tensions in the area, three trading...
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Wärtsilä Aquarius UV takes ballast water filtration to the next level with the launch of the ‘Manta’ filter.

Wärtsilä Water and Waste’s Aquarius UV Ballast Water Management System (BWMS) is being launched with a completely new filtration solution....
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NYK Bulkship (Atlantic) to Introduce NYK Group’s First Wind-Assisted Ship-Propulsion Unit

NYK Bulkship (Atlantic) N.V. (Head Office: Antwerp, Belgium; NBAtlantic), an NYK Group company, will introduce a wind-assisted ship-propulsion unit on...
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