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Baltic index rises to over 4-month high on stronger capesize rates

The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commodities, rose to its highest...
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Middle East Crude-Dubai and Oman firms; EFS retains volatile swing.

Middle East crude benchmarks Dubai and Oman rose on Monday, with two cargo deliveries of Upper Zakum emerging, while the...
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Asia Fuel Oil-Cash premiums steady, market eyes regional tenders

regional tenders for October. Cash premium for 0.5% VLSFO was pegged at $8.61 a metric ton, while 380-cst HSFO was...
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Russia diesel export curbs to exacerbate tight supply in Asia in Q4

Russia’s move to temporarily ban diesel exports to ease surging domestic fuel prices could see more barrels moving from the...
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Drewry: Port Throughput Index Down 2.1% in July

The Drewry Container Port Throughput Indices are a series of calendar-adjusted volume growth/decline indices based on monthly throughput data for...
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Berlin takes a closer look at the sale of MAN gas turbine division to China

The German government is taking a closer look at the sale of Volkswagen subsidiary MAN Energy Solutions’ gas turbine division...
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MOL, PETRONAS, and MISC Set the Stage for the Development of Liquefied CO2 Carriers

Mitsui O.S.K. Lines, Ltd. yesterday announced that MOL has principally reached an agreement with two Malaysian companies PETRONAS CCS Ventures...
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Iron ore hits 2-week low on weak demand, possible steel output curbs

Iron ore futures fell on Monday, as traders were worried about weaker-than-expected steel consumption in the peak construction season and...
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Sizzling rally in US energy stocks has room to run, bulls say

Contrarian investors were rewarded for betting on the beaten down U.S.energy sector earlier this year with a blazing rally. Some...
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Valenciaport warns of the diversion of traffic to non-EU ports to evade payment for emissions

Loss of competitiveness, reduction of transhipment business (transfer of cargo from one ship to another), carbon leakage and diversion of...
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Russia still No.1 oil source for India despite fall

Russia remained the top supplier of crude oil to India in July as it exported crude oil worth $3.37 billion...
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Green shipping must be economically sustainable too: Singapore Foreign Minister Vivian Balakrishnan

Singapore is doing its bit for ocean conservation and sees such efforts as critical to being able to continue making...
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Why is the sea so hungry?

In the 1980s and early 1990s, the world’s merchant fleet lost 130 bulk carriers, in some tragic cases with all...
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Shipping: China export rebound doesn’t mean that the halcyon days are back

A recent bump in shares of Asian shipping companies was spurred by optimism that Chinese exports could be on the...
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China: Shipbuilding production, orders surge

China’s shipbuilding industry recorded sound development in the first eight months, with robust growth in output, new orders and holding...
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How will marine underwriters capture the benefits of digitalisation?, asks IUMI

Digitalisation is making significant inroads into many aspects of global shipping and marine insurance must be ready to embrace this...
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Houston-Japan VLGC freight rates reach multi-year high amid Panama Canal-related delays

VLGC freight rates from Houston to Chiba, Japan, reached $245/mt Sept. 21 for the first time since 2015, according to...
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Morgan Stanley ups Brent forecasts on Saudi-Russia cuts, says $100/bbl ‘stretched’

Morgan Stanley has raised its Brent oil price forecasts, saying the market could remain under-supplied for several quarters especially after...
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Russia mulls extra tax for some commodities exports, including metals

Russia is considering imposing an additional tax tied to the rouble-dollar rate on exports of metals, fertilisers and some other...
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Joint Development of AI-Powered Automatic Draft Survey Application

Kawasaki Kisen Kaisha, Ltd. (“K” LINE), TIS Inc. (“TIS”), and Miotsukushi Analytics Inc. (“Miotsukushi”) are pleased to announce that we...
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