News Flash

Baltic index scales 11-month peak on strong capesize rates

The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commodities, rose to an 11-month...
Read More

Asia Fuel Oil-Market firms with stronger bids, wider time spreads

Asia’s fuel oil market strengthened on Wednesday with firmer bids for spot cargoes and wider backwardation time spreads. The 380-cst...
Read More

Ship insurance facility set up for Ukraine grain exports says broker Miller

A new marine insurance facility for Ukrainian grain exports using the country’s sea corridor has been set up in conjunction...
Read More

US thermal coal exports jump to 5-year highs on Asian demand

United States thermal coal exports hit their highest levels since 2018 during the first eight months of 2023, climbing 20%...
Read More

QatarEnergy, Korea’s HHI signs $3.9 bln deal for 17 LNG carriers

QatarEnergy said on Wednesday it had signed a 14.2 billion riyal ($3.90 billion) deal with HD Hyundai Heavy Industries 329180.KS...
Read More

China may boost October fuel exports on robust margins, flight recovery

China’s oil products exports are set to rise in October as state-owned refiners capitalise on lucrative margins and some Western...
Read More

PPA SA: Strong performance in the first half of 2023, with a significant increase in profitability and turnover

In the first half of the fiscal year 2023, PPA S.A. reported a continued robust increase in profits and income,...
Read More

Vale and Port of Açu sign agreement to develop a Mega Hub for the decarbonization of steelmaking

Vale informs that it signed an MOU with the Port of Açu to study the development of a Mega Hub...
Read More

‘Dark’ ships are faking their locations to move oil around the world — and it is likely worth billions of dollars

Ships are faking their locations to engage in illicit activity — and rising numbers appear to be doing so to...
Read More

MV Ballard becomes the first KCC vessel equipped with Silverstream Technologies air lubrication system

Klaveness Combination Carriers (“KCC”) announces MV Ballard, the youngest vessel in the CABU fleet, has completed dry dock and subsequent...
Read More

Three Japanese Shipping Companies Partner to Establish Global Liquefied Hydrogen Supply Chain

On September 12 2023, Japan Suiso Energy, Ltd. (JSE)*, and three Japanese shipping companies, Kawasaki Kisen Kaisha, Ltd. (“K”LINE), Mitsui...
Read More

Cargo vessel sets off from Ukrainian Black Sea port – source

A cargo vessel set off from a Ukrainian Black Sea port on Tuesday after loading but remained close to the...
Read More

Mideast-Asia oil shipping rates rebound, capped by OPEC+ supply cuts.

The cost of chartering a supertanker to load Middle Eastern crude oil for Asia has rebounded from a 19-month low...
Read More

RightShip introduces PortRISK to transform port and terminal risk management

Built using RightShip’s unmatched maritime vessel, incident, and company database, PortRISK provides a comprehensive suite of features, including pre-arrival checks...
Read More

Baltic index scales over 9-month high on Capesize surge

The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commodities, rose to its highest...
Read More

Inmarsat Maritime Safety Report Highlights Importance Of Data And Collaboration In Tackling Persistent Safety Challenges

The 2023 edition of The Future of Maritime Safety Report from Inmarsat Maritime, a Viasat business, reveals that the number...
Read More

Port Houston loaded exports up 10% year-to-date.

Loaded export volumes at Port Houston are up 10% year-to-date, maintaining the upward trajectory seen throughout 2023 and helping support...
Read More

Iron ore is clouded further by a weak demand outlook.

Iron ore futures extended declines on Tuesday, as investors booked profits ahead of upcoming holidays in China and demand concerns...
Read More

OPEC+ production cuts drive up sour crude oil prices around the world.

Crude oil production cuts among OPEC+ members are limiting the global supply of medium, sour, and heavy, sour grades of...
Read More

Robust exports and stable domestic demand keep China’s steel production strong in 2023

Robust steel exports from China have emerged as a major driver supporting steel production at a time when demand activity...
Read More
1 167 168 169 170 171 527