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Raízen And Wärtsilä Sign Agreement to Accelerate Fleet Sustainability through Ethanol-Based Solutions
Decarbonization agreement aims to explore use of ethanol as marine fuel to reduce GHG emissions and advance development of first...
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EXMAR, ENI And Dry Docks World Dubai Celebrate The Sail Away Of Tango FLNG And Excalibur FSU Vessels To Congo
In the presence of the Ministry of Hydrocarbons of the Republic of Congo, Bruno Jean Richard Itoua, senior representatives from...
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China’s weekly coastal bulk freight index remains flat
China’s coastal bulk freight index remained flat in the week ending Oct 20, according to the Shanghai Shipping Exchange. The...
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Transformational Technologies, Sustainability Solutions Lead ABS Japan National Committee Meeting
Maritime industry leaders came together at the annual ABS Japan National Committee Meeting to discuss the latest developments in technology,...
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Baltic index posts seventh straight weekly gain
The Baltic Exchange’s dry bulk sea freight index, tracking rates for ships carrying dry bulk commodities, rose for the seventh...
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Valencia port’s traffic increases again
Traffic is growing again at Valenciaport. After six months reflecting downward records, the Statistical Bulletin of the Port Authority of...
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Why has OPEC increased its long-term oil demand outlook in the WOO 2023?
This past year has seen the OPEC Secretariat research team take onboard a variety of energy policy shifts, reassessments of...
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Strongest September On Record At Port Of Long Beach
The Port of Long Beach achieved its busiest September on record, boosted by consumer demand for holiday-related goods, recent ratification...
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Global LNG: Asia spot prices rise on stronger northeast Asian demand
Asian spot liquefied natural gas (LNG) prices rose more than $3 this week to a near nine-month high, supported by...
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Inflation, commercial real estate among top financial stability concerns -Fed survey
The chance for persistent inflation to keep interest rates higher and potential losses in the commercial real estate market are...
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Capesize gains propel the Baltic index to the fourth straight day of gains
The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, extended gains for the fourth...
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‘No question’ that the decarbonization of shipping will contribute to inflation, says industry CEO.
The cost of decarbonizing the shipping industry will have a knock-on effect on consumers, according to a CEO in the...
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Ships with Ukrainian crew at Russian ports risk disruption
The Russian Federation’s recent implementation of temporary entry restrictions for Ukrainian citizens may cause delays and other difficulties for vessels...
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Asia Fuel Oil-Cash premiums steady, market backwardation widens
Cash premiums for fuel oil were steady in Asia on Wednesday, though market backwardation widened from the previous session. The...
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China Sept coal output hits six-month high on rising power demand
China’s September coal output rose 0.4% from August to the highest level since March, official data showed on Wednesday, on...
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Volatility expected in metals markets as they adapt to accelerated energy transition pressures
The current metals super-cycle that is a major component of the global energy transition could stall due to a gloomy...
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Shipping needs to take rapid action to achieve 5% zero-emission fuel target by 2030, new report finds
A new report from UMAS, Getting to Zero Coalition, and Race to Zero finds that while it is possible for...
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OPEC plans no immediate action after Iran urges Israel oil embargo, sources say
OPEC is not planning to hold an extraordinary meeting or take any immediate action after Iran’s foreign minister called on...
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Rates Spark: Economic resilience pushes rates higher
How the situation in the Middle East will evolve is still very uncertain, but high-level diplomatic efforts are all about...
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Global Trade Activity Falls at Steepest Rate in Eighteen Months
New data from Tradeshift shows transaction volumes across global supply chains dropped at their fastest rate in eighteen months in...
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