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Asia’s crude oil imports slip in Sept as price hike bites

Asia’s crude oil imports slipped for a second consecutive month in September as refinery maintenance trimmed demand and the impact...
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OSV Market In Complete Turnaround of Fortunes

The OSV (Offshore Support Vessel) is in a state of complete recovery from the lows of the past couple of...
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Asia Fuel Oil-HSFO cash premiums fall, timespreads crunch

Asia’s high sulphur fuel oil market softened on Monday, with cash premiums sliding and backwardation time spreads narrowing sharply compared...
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Higher capesize rates drive the Baltic index higher

The Baltic Exchange’s Main Sea Freight Index.BADI, tracking rates for ships carrying dry bulk commodities, rose on Monday, aided by...
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Shoreline unveils – MARPOL Detention Costs Insurance (MDCI): An essential new insurance solution when faced with expanded U.S. MARPOL investigations

Shoreline, a leading provider of maritime risk solutions, is proud to introduce its innovative new marine insurance product, MARPOL Detention...
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Ultra low-sulphur diesel loadings from Russia’s Primorsk to fall in Oct -traders

Ultra low-sulphur diesel (ULSD) loadings from the Russian Baltic Sea port of Primorsk are set to fall in October by...
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Navigating Towards Sustainability: Wind-Powered Cargo Ships and the Future of the Shipping Industry

There’s an undeniable demand for transformative solutions in the shipping sector. Shipping is a major emitter of greenhouse gases due...
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Tanker Market Moved Sideways Last Week

CleanLR2 LR2 freight levels have appeared to have been somewhat unsettled this week with no clear direction. TC1 has bubbled...
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Asia’s coal sector sees long, prosperous life despite energy transition

Asia’s coal sector has gone from thinking they are in terminal decline as the world shifts to a net-zero carbon...
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Russia considers fuel export quotas to tackle high prices

Russia may introduce quotas on overseas fuel exports if a complete export ban imposed last week fails to bring down...
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Mississippi River near historic lows, grain exports at risk

A key stretch of the lower Mississippi River dropped this week to within inches of its lowest-ever level and is...
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SAIL to get coking coal from Russia

State-owned Steel Authority of India Ltd (SAIL), the largest steel producer in the country, is ensuring it has adequate coking...
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India imports of Russian, and Iraqi oil rebound in September

India’s oil imports from Russia rebounded in September after hitting a seven-month low in August as prices fell against Middle...
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Five new cargo vessels heading for Ukrainian Black Sea ports -MarineTraffic

Five new ships are on their way to Ukrainian seaports using a new corridor opened to resume predominantly agricultural exports,...
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Russia’s fuel export ban will not be lifted soon – TASS cites minister

Russian Energy Minister Nikolai Shulginov said on Thursday that the ban on fuel exports will not be lifted soon and...
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WinGD wins first approval in principle for ammonia two-stroke engine

Lloyd’s Register approval in principle will support shipowner confidence in vessel designs using ammonia-fuelled main engines. Swiss marine power company...
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Baltic index snaps 4-day winning streak as capesize rates slip

The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, snapped its four-session-long winning streak...
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Beijing says no extra quotas for clean oil product exports, crude imports: quota holders

The Chinese government will not issue new quotas for clean oil product exports and additional allowances for crude oil imports...
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China, Germany resume high-level financial talks

China and Germany will co-host a third financial dialogue in Germany on Oct. 1, the Chinese foreign ministry said on...
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Asia Fuel Oil-Timespreads widen further, inventories slide

Asia’s fuel oil market continued to firm on Thursday amid stronger backwardation timespreads, while inventories at key trading hub Singapore...
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