News Flash
The COVID-19 shock prompted us to develop a new index of supply chain stress
In normal times, the workings of the global supply chain are invisible and unnoticed by consumers. That changed with the...
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Asia Distillates-Paper activity picks up; Dec outlooks mixed
Asia’s middle distillates markets for the week were trading in a tight range, though physical December cargoes remained heavily discussed...
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Middle East Crude-Benchmarks little moved after Qatar tenders
Middle East crude benchmarks for Dubai, Oman and Murban werelittle moved on Friday, after Qatar issued its January tenders. QatarEnergy...
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Copper price could fall to $8,500 as Trump win boosts dollar, threatens demand
Copper prices could fall towards $8,500 a metric ton within the next four months on expectations that demand will be...
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Vessel Performance Solutions to equip 30 vessels of Harren Shipping Services GmbH & Co. with its VESPER performance management platform
Vessel Performance Solutions ApS, a subsidiary of Ascenz Marorka, GTT Group’s smart shipping arm, has announced that Harren Group, a...
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COP29 pledge unites global port actors in elevating the need for building climate resilience and adaptation in port systems
Multi-stakeholder initiative Resilience4Ports launches the first sectoral, action-based commitment to enhance and accelerate the resilience of ports from the effects...
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Danelec and NAVTOR Partner to Further Digitalize Maritime Operations with Seamless Integration of High-Frequency Data Collection and Digital Logbook Solutions
Danelec and NAVTOR have expanded their longstanding partnership to bring even greater operational efficiency to maritime stakeholders. The latest integration...
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LR announces partnership with SHI for floating production and storage system for green ammonia
Lloyd’s Register (LR) has signed a Memorandum of Understanding with Samsung Heavy Industries (SHI) for the joint development of a...
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US sanctions Syrian company said to generate revenue for Iran
The US State Department announced Nov. 14 that the US would impose sanctions on 26 companies, individuals, and vessels associated...
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Asia Fuel Oil-Hi-5 posts weekly decline as VLSFO weakens while HSFO holds strength
Asia’s hi-5 fuel oil spread narrowed week-on-week, led by softer benchmarks for 0.5% low sulphur fuel oil (VLSFO), while the...
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Decoding alternative fuels: OceanScore supports tricky bunker selection process under FuelEU Maritime
Switching fuels is the most frequently discussed pathway to meeting the requirements of FuelEU Maritime. But the choices shipping companies...
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Iron ore hits 3-week low on firmer supply, softer steel outlook
Iron ore futures prices fell to a three-week low on Thursday, as supply of the key steelmaking ingredient remained firm...
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Wallenius Marine’s New Vessel “Way Forward” Ready for Her First Mission
Wallenius Marine’s new vessel, M/V Way Forward, has begun her long-term charter with the Volkswagen Group. She recently arrived at...
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Sedna Acquires Nordic IT, Advancing Maritime Communication Leadership
Sedna, a leader in communication technology for global trade, announces the acquisition of Nordic IT, a pioneering provider of maritime...
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U.S. port, union talks break down again over automation, with two months to go before potential strike
Automation continues to be the sticking point in the negotiations between the United States Maritime Alliance and the International Longshoremen’s...
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Shipping industry’s decarbonization enhanced by dedicated book and claim registry
The Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping (MMMCZCS) and RMI (formerly Rocky Mountain Institute) are launching Katalist, a...
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MABUX: Bunker Prices Could See More Sideways Action Next Week
In Week 46, the MABUX global bunker indices shifted back to a moderate downward trend. The 380 HSFO index fell...
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Asia Fuel Oil-VLSFO premium eases; Singapore stockpiles extend recovery
Spot premium for very low sulphur fuel oil (VLSFO) dipped on Thursday, while onshore stockpiles at Singapore rose for a...
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EPS uses DeepSea AI to significantly improve accuracy of fuel consumption forecasts
DeepSea Technologies, the award-winning Al-led maritime technology company and energy efficiency experts, today announced it has delivered weekly fuel consumption...
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Signal: Potential implications on the freight industry following 2024 U.S Election
The potential implications of the new 2024 U.S. election and the resulting presidential administration on the freight industry are substantial,...
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