News Flash
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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Asia Fuel Oil-VLSFO margin rebounds after sliding to more than two-year low
The refining margin for very-low sulphur fuel oil (VLSFO) edged slightly higher on Monday after its recent tumble to more...
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Intense Competition Among the Big Three Korean Shipbuilders
The era of methanol ships has officially begun with the voyage of the world’s first methanol propulsion ship, built by...
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Nearly 30 ships stop around Ukraine’s Izmail gateway after Russian Danube strikes.
Almost 30 ships dropped anchor near Ukraine’s crucial Izmail port terminal after Russia destroyed grain warehouses on the Danube River...
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Baltic index slips to over 1-1/2 month low on weaker vessel rates.
The Baltic Exchange’s main sea freight index, tracking rates for ships ferrying dry bulk commodities, fell to its lowest since...
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European thermal coal struggles to find takers in Asia amid robust regional supply
European market participants are finding it increasingly difficult to resell their excess stock in Asia due to strong supply-side fundamentals...
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Ship fuel spreads and LNG prices fall to lowest levels in years.
Fuel is one of the biggest costs in ocean shipping, and fuel pricing has seen some big changes in recent...
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Shipowners urged to up digitalization game for GHG cuts by 2030.
Ship owners can achieve decarbonization at scale within this decade with speed optimization and energy-saving equipment, according to maritime professionals...
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UAE says current OPEC+ support is sufficient for now.
Current actions by OPEC+ to support the oil market are sufficient for now, UAE Energy Minister Suhail al-Mazrouei said on...
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Port of Tacoma accelerates net zero targets by 10 years.
The target will cover Scope 1 and Scope 2 emissions, which include direct emissions from the port’s buildings and vehicles,...
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Iran loses bid to host shipping event after a vote at UN agency meeting.
Iran’s offer to host a maritime event in October has been rejected after a proposal led by the United States...
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NATO, Ukraine to discuss Black Sea grain issue at Zelenskiy’s request
NATO and Ukraine are to discuss security in the Black Sea next week, particularly the operation of a corridor for...
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