News Flash

Following a recent private placement, Mitsui O.S.K. Lines, Ltd. (MOL) has become a shareholder in Odfjell Oceanwind, thus becoming an...

Projections for growth in global merchandise trade in 2023 have been scaled back by WTO economists amid a continued slump...

Russia has overtaken the United Arab Emirates (UAE) to become India’s top naphtha supplier, data shows, as New Delhi takes...

Asia’s middle distillates market remained weighed on by a closed east-west arbitrage window, for gasoil specifically, weakening ICE gasoil futures...

Lloyd’s Register has merged its existing digital platforms under its new OneOceanLR brand, which has been launched following several recent...

Asia’s spot high sulphur fuel oil (HSFO) market slipped into a steeper discount on Thursday, while the very low sulphur...

J.P. Morgan Global Alternative’s Global Transportation Group (“JPMGTG”) (is pleased to announce that institutional investors advised by JPMGTG have concluded...

Greece proposes to use its ports in the Aegean Sea as a corridor for the export of Ukrainian grain, writes...

The Baltic Exchange’s main sea freight index rose to an 11-month high on Thursday as demand for capesize vessels remained...

TotalEnergies Marine Fuels has recently completed its first liquefied natural gas (LNG) bunkering operations for two new, dual-fuelled vessels owned...

Brazilian federal prosecutors are investigating transactions involving grains trader Cargill and a Brazilian partner after they found “irregularities” in the...

Saudi Arabia and Russia have confirmed plans to continue combined 1.3 million b/d supply cuts until the end of 2023...

The global copper market is expected to see a deficit of 27,000 metric tons this year and a surplus of...

India’s monetary policy committee is widely expected to keep key rates on hold when it announces its decision on Friday...

Spot cargo premiums for Asia’s very low sulphur fuel oil market largely held to their recent strength on Wednesday, though...

In the presence of the Egyptian Prime Minister, C2X today signed a comprehensive Framework Agreement (FWA) with its Egyptian sponsors...

Maersk Tankers has launched its first ever pool in the Long-Range 1 (LR1) tanker segment, with Sanmar Shipping becoming its...

The year 2023 has been particularly dry, according to Panama Canal statistics, primarily due to the effects of the El...

The Baltic Exchange’s main sea freight index edged down on Wednesday, as panamax rates hit a three-week low, offsetting a...

Asia’s very low sulphur fuel oil (VLSFO) market extended gains on Tuesday amid a tighter supply outlook, with market backwardation...