News Flash
GAC Oman welcomes the world’s first liquefied hydrogen carrier
In a historic moment for Oman’s clean energy aspirations, the world’s first liquefied hydrogen carrier, the Suiso Frontier, has made...
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OCI Global to double its green methanol capacity in the United States
OCI Global (Euronext: OCI), the world’s largest producer of green methanol, has announced plans to double its green methanol production...
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EU Commission President Names Landmark Methanol Vessel “Laura Mærsk”
The world’s first methanol-enabled container vessel will carry the name “Laura Mærsk”, the EU Commission President Ursula von der Leyen...
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Asia Fuel Oil-VLSFO steadies; inventories at three-week highs
Asia’s very low sulphur fuel oil (VLSFO) market steadied on Thursday after recent declines, while onshore inventories at Singapore rebounded...
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Xeneta: Short-term rates from the Far East to USEC positioned for further gains
Freight forwarders looking for room to negotiate, and optimize their margins, should keep a keen eye on developments on the...
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Hapag-Lloyd CEO: counter offer for HHLA would not be in our interest
Hapag-Lloyd CEO Rolf Habben Jansen said on Thursday that it would not be in the container shipper’s interest to make...
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Baltic index scales over 3-1/2-month high on robust demand across all segments
The Baltic Exchange’s main dry bulk sea freight index rose for the seventh straight session on Thursday as demand strengthened...
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BPA and IAPH focus on port sustainability at London International Shipping Week; IAPH joins BPA on the South Bank
As London is awakened to the buzz of London International Shipping Week (LISW), the voices of UK and international ports,...
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Iron ore extends gains on pre-holiday restocking expectations
Iron ore futures climbed for a third consecutive session on Wednesday, buoyed by expectations of pre-holiday restocking demand from steelmakers...
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Ukraine increases farm exports by rail and truck as Black Sea ports blocked – brokers
Ukraine, which had to find different ways to export its grain since Russia quit the U.N.-brokered Black Sea grain export...
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Crowley, SEACOR to Create New, Standalone Company Through Integration of U.S. Jones Act Tank Vessel Fleets
Global maritime and logistics leaders Crowley and SEACOR Holdings (“SEACOR”), through its subsidiary Seabulk Tankers, Inc.(“ Seabulk”), announced an agreement...
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Asia Fuel Oil-Premiums fall further as offers weigh on market
Fuel oil cash premiums dropped further in Asia on Wednesday as more competitive offers emerged for October-loading products. The premium...
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Middle East diesel exports to Europe rebound heading into winter demand
Middle East diesel exports to Europe are climbing again after hitting an eight-month low in July as reduced stockpiles, refinery...
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MSC offers to buy a stake in Hamburg port operator.
MSC, the world’s biggest container shipping company, is offering to buy almost half of the main operator of Hamburg port,...
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Back-to-School Temporary Rush Boosts Container Traffic, but Challenges Loom Ahead
China to U.S. trade route has been seeing a recent surge in Container Leasing Charges per Route as observed in...
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RightShip launches updated GHG 2.0 Rating with the revamped methodology to drive maritime decarbonization.
RightShip, the leading provider of maritime data and transparency, announces the launch of its enhanced GHG 2.0 Rating – the...
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Baltic index hits over 3-month high on firm rates for larger vessels
The Baltic Exchange’s main dry bulk sea freight index. BADI hit its highest point in more than three months on...
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Baltic index extends gain as Panamax rates hit a four-month peak.
The Baltic Exchange’s main dry bulk sea freight index extended gains to a fifth straight session on Tuesday on firm...
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Methanol’s status as the top future marine fuel is in doubt due to cost, availability
Methanol might not become the most prevalent type of marine fuel despite its recent popularity, with limited availability and high...
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Asia Fuel Oil-Spot premiums steady; market eyes October tenders
Spot premiums for fuel oil were little changed in Asia on Tuesday, with the market eyeing tenders for October-loading products....
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