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World First with ABS Class Green Methanol Powered Container Vessel’s Maiden Voyage

The first containership ever to sail on green methanol, a Maersk feeder vessel built to ABS Class, has embarked on...
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China’s June Australian coal imports ease but demand remains strong

China’s coal imports from Australia eased in June from May’s 33-month-high but remained supported by attractive prices and strong demand...
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Sinopec’s natural gas output up 7.2% in H1, crude, petrochemical output lags

Chinese state-owned energy giant Sinopec’s 0386.HK600028.SS natural gas production in the first half of 2023 rose 7.6% from a year...
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Baltic index down for 5th day on weaker capesize, panamax demand

The Baltic Exchange’s main sea freight index tracking rates for ships carrying dry bulk commodities, fell for the fifth straight...
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Asia Fuel Oil-VLSFO cash differential at more than two-year lows

The cash differential for very-low sulphur fuel oil (VLSFO) slipped to more than two-year lows in Asia on Wednesday as...
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Carbon Sink LLC, Rose Cay Maritime Forge Strategic Alliance for Advanced Low-Carbon Maritime Fuel Logistics

Carbon Sink LLC, a pioneering green methanol manufacturer, and Rose Cay Maritime, LLC (RCM), an innovative Jones Act-compliant shipping company...
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Methanol Retrofit Solutions to be Developed for Medium-Speed Marine Engines

MAN Energy Solutions has announced that it will begin developing retrofit solutions for medium-speed marine engines as part of a...
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India’s Russian oil imports hit new high in June, but growth slows – trade

India’s imports of Russian oil edged up to an all-time high in June, though growing at the slowest pace since...
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Rio Tinto second-quarter iron ore shipments fall 1%

Rio Tinto reported a 1% drop in second-quarter iron ore shipments on Wednesday as a train derailment in June offset...
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Dalian coking coal climbs on China mine suspensions; iron ore dips

Dalian coking coal futures climbed to their highest in nearly three months on Wednesday as mining suspensions in China’s Shanxi...
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Ukraine accuses Russia of deliberately striking Odesa port, grain terminals

Ukraine accused Russia on Wednesday of intentionally striking grain terminals and infrastructure in the Black Sea port of Odesa, with...
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Moscow on grain deal: We can restart talks if UN meets Russian needs within three months

Russia said on Wednesday the United Nations had three months to implement the terms of a memorandum that would facilitate...
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‘Whipsaw effect’ on demand and investment will result in consolidation and bankruptcies across freight markets, says leading analyst

Heavy investment at the height of the pandemic has created excess capacity across freight markets and modes of transport, both...
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Baltic index extends losses as demand for larger vessels wane

The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, fell for a fourth straight...
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FUTURESHIPS: An Innovative Independent Ship Brokerage Firm Launching in Hong Kong and London to Address the Changing Shipping Industry

In response to developments in regulatory frameworks, digitization, safety standards, and societal expectations within the global commercial shipping industry, a...
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Ship arrested to force the owner to settle unpaid debts.

The International Transport Intermediaries Club (ITIC) – a mutual insurer that provides professional indemnity cover for transport intermediaries operating in...
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Panama Achieves The General Secretariat Of The International Maritime Organization (IMO)

Today Panama obtained the necessary votes for the General Secretariat of the International Maritime Organization (IMO) for the period 2024-2027...
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W. Africa Crude-Angola to ship 31 cargoes in Sep; Forcados still suspended.

Angola is expected to offer 31 cargoes in September, the lowest number planned in five months, according to a preliminary...
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Asia Fuel Oil-VLSFO slides into deeper discount.

Asia’s cash differential for very-low sulfur fuel oil (VLSFO) slumped into a deeper discount to Singapore quotes on Tuesday, as...
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US shale oil/natgas output set to fall for the first time since Dec. -EIA

U.S. shale oil and natural gas production will fall in August for the first time since December, the U.S. Energy...
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