News Flash
Ultra low-sulphur diesel loadings from Russia’s Primorsk to fall in Oct -traders
Ultra low-sulphur diesel (ULSD) loadings from the Russian Baltic Sea port of Primorsk are set to fall in October by...
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Navigating Towards Sustainability: Wind-Powered Cargo Ships and the Future of the Shipping Industry
There’s an undeniable demand for transformative solutions in the shipping sector. Shipping is a major emitter of greenhouse gases due...
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Tanker Market Moved Sideways Last Week
CleanLR2 LR2 freight levels have appeared to have been somewhat unsettled this week with no clear direction. TC1 has bubbled...
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Asia’s coal sector sees long, prosperous life despite energy transition
Asia’s coal sector has gone from thinking they are in terminal decline as the world shifts to a net-zero carbon...
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Russia considers fuel export quotas to tackle high prices
Russia may introduce quotas on overseas fuel exports if a complete export ban imposed last week fails to bring down...
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Mississippi River near historic lows, grain exports at risk
A key stretch of the lower Mississippi River dropped this week to within inches of its lowest-ever level and is...
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SAIL to get coking coal from Russia
State-owned Steel Authority of India Ltd (SAIL), the largest steel producer in the country, is ensuring it has adequate coking...
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India imports of Russian, and Iraqi oil rebound in September
India’s oil imports from Russia rebounded in September after hitting a seven-month low in August as prices fell against Middle...
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Five new cargo vessels heading for Ukrainian Black Sea ports -MarineTraffic
Five new ships are on their way to Ukrainian seaports using a new corridor opened to resume predominantly agricultural exports,...
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Russia’s fuel export ban will not be lifted soon – TASS cites minister
Russian Energy Minister Nikolai Shulginov said on Thursday that the ban on fuel exports will not be lifted soon and...
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WinGD wins first approval in principle for ammonia two-stroke engine
Lloyd’s Register approval in principle will support shipowner confidence in vessel designs using ammonia-fuelled main engines. Swiss marine power company...
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Baltic index snaps 4-day winning streak as capesize rates slip
The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, snapped its four-session-long winning streak...
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Beijing says no extra quotas for clean oil product exports, crude imports: quota holders
The Chinese government will not issue new quotas for clean oil product exports and additional allowances for crude oil imports...
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China, Germany resume high-level financial talks
China and Germany will co-host a third financial dialogue in Germany on Oct. 1, the Chinese foreign ministry said on...
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Asia Fuel Oil-Timespreads widen further, inventories slide
Asia’s fuel oil market continued to firm on Thursday amid stronger backwardation timespreads, while inventories at key trading hub Singapore...
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Airbus and LDA to install new fuel-saving sails for maritime operations
Louis Dreyfus Armateurs will equip one of the vessels it uses to transport aircraft subassemblies for Airbus, with a wind-assisted...
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Greece names Thessaloniki port operator preferred bidder for Volos port
Greece’s privatisation agency has named the operator of Thessaloniki port as the preferred bidder for acquiring a 67% stake in...
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Seapath and Pilot LNG Joint Venture to Develop First Dedicated LNG Bunkering Facility in U.S. Gulf Coast
Seapath, a maritime subsidiary of Libra Group, and Pilot LNG, LLC (Pilot), a Houston-based clean energy solutions company, today announced...
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World Maritime Day 2023 highlights marine environment protection
This year sees the 50th anniversary of the adoption of the International Convention for the Prevention of Pollution from Ships...
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World Maritime Day Message Must Extend Beyond the Boundaries of Shipping, says INTERCARGO
Never has the theme of this year’s World Maritime Day – ‘New technologies for greener shipping’ – been so in...
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