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Baltic index slips on weaker capesize rates
The Baltic Exchange’s dry bulk sea freight index slipped on Tuesday and snapped a three-session winning streak, weighed down by...
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Asia Fuel Oil-Spot market rangebound; heavy supply arrivals cap recovery
Spot fuel oil premiums were rangebound in Asia on Tuesday, with heavy supply arrivals capping potential recovery. Singapore’s cargo cash...
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Chemfleet adds three ships to Berg energy efficiency upgrade after verifying 10% fuel savings
Specialized ship manager Chemfleet has confirmed that an in-service Berg Propulsion upgrade to control systems onboard the tanker YM Miranda...
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MAN Cryo Wins Approval for Ammonia Fuel-Supply System
MAN Cryo has announced that its design for an ammonia fuel-supply system to safely provide ammonia to marine-engine applications has...
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Russia’s February oil exports to be stable from January
Russia plans to keep February oil exports from its western sea ports little changed from January, but winter weather and...
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Iron ore consolidates as traders ponder demand outlook
Iron ore futures were in a tight range on Monday, with the Dalian benchmark ticking up and Singapore prices receding,...
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Saudi Arabia’s November crude exports hit 5-month high
Saudi Arabia’s crude oil exports in November climbed to their highest level in five months and marked a third straight...
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MOL Establishes ‘MOL Group Safety Vision’- Targeting the world’s highest level of safety
Mitsui O.S.K. Lines, Ltd. has been committed to pursue the world’s highest level of safety culture. Today, MOL announced the...
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Fewer markets are importing Russia’s coal
Russia’s reliance on four, mainly Asian, countries to import its coal has increased since some countries implemented sanctions against Russia...
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Hapag-Lloyd to offer land transit through Saudi Arabia amid Red Sea disruption
German shipping group Hapag-Lloyd HLAG.DE will continue to route its vessels around the Cape of Good Hope until further notice...
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Asia Fuel Oil-VLSFO cargo premium retreats while HSFO steadies
Asia’s very low sulphur fuel oil (VLSFO) market eased on Monday following a small rally last week, while high sulphur...
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Crew recruitment is more challenging, Danica crew manager survey reveals
Recruitment of seafarers is getting harder according to a survey of crew managers conducted by Danica Crewing Specialists. Nearly half...
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Baltic Index Climbs For Third Straight Session On Firm Rates For Larger Vessels
The Baltic Exchange’s dry bulk sea freight index gained for a third straight session on Monday, buoyed by a rise...
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Asia spot prices slip below $10/mmBtu despite Red Sea tensions
Asian spot liquefied natural gas (LNG) prices dipped below $10 per million British thermal units (mmBtu) for the first time...
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Red Sea shipping diversions to boost container sector emissions
The continuing disruption of shipping traffic transiting the Red Sea area looks set to boost vessel emissions as ships that...
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Greece: Getting ready for a rebound
Surprisingly soft recent growth numbersAfter a solid second quarter, Greek seasonally adjusted GDP came in surprisingly soft in the third...
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Simplifying ships from shore
In a climate of increasing complexity, with new regulations, environmental concerns and commercial considerations, how can owners and operators control...
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Global coal exports and power generation hit new highs in 2023
Worldwide electricity generation from coal hit record highs in 2023, while thermal coal exports surpassed 1 billion metric tons for...
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China’s 2023 coal imports from Australia rise, but below pre-ban era
China’s coal imports from Australia picked up in 2023 after a ban of nearly two years was lifted, but they...
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Qatar set to sign cheaper long-term LNG deal with India
Qatar Energy within weeks could sign a long-term deal to provide liquefied natural gas (LNG) to Indian buyers on cheaper...
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