News Flash

Cash premiums, margins steady; Singapore inventories ease further

Asia’s fuel oil market was little changed on Thursday, while residual fuel oil stocks at Singapore slid for a fifth...
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MABUX: Bunker Prices Expected to Stabilize Next Week

Over Week 19, the global MABUX bunker indices showed a moderate upward correction. The 380 HSFO index increased by 2.78...
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Jotun: Committed to cleaner shipping

As the world’s leading supplier of marine coatings, Jotun partners with a broad range of stakeholders working to decarbonise shipping....
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Safe Bulkers, Inc. Focusing on Green Retrofits of its Fleet of Bulkers

Safe Bulkers, Inc., an international provider of marine drybulk transportation services, announced today its unaudited financial results for the three...
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Vopak opens new infrastructure to support sustainable energy production in the port of Rotterdam

Today Vopak celebrates the opening of 16 new tanks with a combined capacity of 64,000 cubic meters at its Vlaardingen...
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Port of Newcastle commits to global hydrogen partnership

Port of Newcastle has today joined forces with ten global energy enablers to commit to the Platform Zero Global Partnership...
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Iron ore holds ground on renewed China demand optimism

Benchmark iron ore futures held their ground on Wednesday, supported by renewed optimism around demand prospects in top steel producer...
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ABS Explores Near-Shore Green Hydrogen Production in Korea

ABS joined Korean industry leaders in the signing of a memorandum of understanding (MOU) to produce a feasibility study for...
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India eyes green hydrogen bunkering at major ports by 2035

India has set a deadline of 2035 to establish green hydrogen bunkering and refuelling facilities at major ports in the...
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Korean Shipbuilders’ Fully Booked Dockyards Give Chinese Shipbuilders Reflective Benefits

New ship orders are plummeting around the world. Korean shipbuilders with their saturated shipyard docks have been unable to keep...
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Engine: Europe & Africa Bunker Fuel Availability Outlook

Northwest Europe Securing prompt deliveries of VLSFO and HSFO can be difficult in Rotterdam and in the wider ARA hub,...
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Spot market steady to firmer; more June tenders underway

Asia’s spot fuel oil market was steady to firmer on Wednesday as market backwardation firmed, while more tenders for June...
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China’s imports of major commodities lose steam in April

China’s imports of major commodities lost momentum in April as the strong start to the year faded amid uncertainty about...
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Shipping stock sell-off: Shares down double digits since March

Look at virtually any stock chart in any ocean shipping sector and you’ll see a similar pattern. Sometime around late...
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Enterprise ‘shippers’ seek help with supply chain digital transformation, have budget to spend

Shippers — often called beneficial cargo owners or BCOs — are eager to outsource their supply chain and logistics technology...
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Baltic index rises on strong capesize, supramax demand

The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, rose on Tuesday, aided by...
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Ship Recycling Prices Continue to Slide

Ship recycling prices have kept on falling over the course of the past week. In its latest weekly report, shipbroker...
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MariApps and zero44 announce partnership to enable shipping companies to comply with the EU Emissions Trading System

zero44, a digital solutions provider focused on carbon regulation, and MariApps Marine Solutions, one of the leading providers of digital...
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Panama maintains its place in the “White List” due to the effective compliance of the STCW´78

The Republic of Panama remains in the well-known «White List», as per the International Maritime Organization (IMO) Circular MSC.1 /...
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Trade talks between India and Canada inconclusive

India and Canada discussed the possibility of forging an Early Progress Trade Agreement pending a full-fledged free trade agreement. Commerce...
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