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Asia Fuel Oil-Cash differential for 380-cst HSFO eases

Asia’s cash differential for 380-cst high sulphur fuel oil (HSFO) showed signs of easing on Wednesday after holding steady since...
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Iraq, Turkey yet to agree on northern oil exports resumption – sources

Iraq’s oil minister and his Turkish counterpart did not reach an agreement to immediately resume Iraq’s northern oil exports but...
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Iron ore extends rally on China demand optimism

Iron ore futures extended gains on Wednesday, with prices in China surging more than 5%, as optimism grew about demand...
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Ukraine says it has exported 3.83 mln T grain so far in 2023/24

Ukraine’s grain exports have reached 3.83 million metric tons so far in the 2023/24 July-June season, Agriculture Ministry data showed...
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Korea’s Shipbuilding Order Backlog Hits 12-year High in H1

Shipbuilding exports are taking the lead in Korea’s exports in the first half of the year. During this span, Korea’s...
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Insurers raise premiums for Black Sea tankers as tensions mount – traders

Insurance companies have notified charterers of ships operating in Russia’s Black Sea ports of an increase in additional payments known...
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Lower capesize, panamax rates weigh on Baltic index

The Baltic Exchange’s main sea freight index fell for a fourth straight session on Wednesday, pressured by losses in the...
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Global container port performance: All regions show y/y decline in call size

S&P Global Market Intelligence is launching a new quarterly report, titled “Port Performance Program: Global Quarterly Analysis Summary.” The report...
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Sea and the Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping Partner to Power Better Decisions and Enable Sustainable Shipping

Maritime software provider Sea and Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping (the Center) formalized their collaboration by signing...
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Dardanelles shipping suspended as Turkey battles wildfire

Firefighters battled a forest fire in northwest Turkey for a second dayon Wednesday, prompting mass evacuations and causing shipping to...
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Bulgaria in talks for early end to Russian crude imports for Lukoil refinery

The Bulgarian government has discussed the impact and procedures for an early ban on the import of Russian crude and...
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Asia Distillates-Gasoil cracks, premiums pause rally; more spot tenders emerge

Asia’s gasoil margins and cash premiums both snapped a three-session rally and fell on Tuesday as markets turned cautious on...
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Iron ore climbs on China policy support, demand recovery signals

Iron ore extended its rally on Tuesday, with the Singapore benchmark hitting its highest in more than three weeks underpinned...
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Gazprom sends first cargo via Northern Sea route from Baltic plant – data

Russian gas giant Gazprom GAZP.MM shipped a first cargo of liquefied natural gas (LNG) from its plant on the shores...
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S. Korea’s ship export grows 11.9 pct in H1

South Korea’s ship export grew in double digits in the first half of this year (H1) due to rising demand...
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India’s July oil imports slip on monsoon lull, lower Russian inflows.

India’s crude oil imports fell for the second straight month in July in line with lower consumption due to monsoon...
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Drewry: Container Port Throughput Index Up 2.4% in June

The Drewry Container Port Throughput Indices are a series of calendar adjusted volume growth/decline indices based on monthly throughput data...
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Container lines paid out billions in boom-time profits via dividends

Shipping is extremely cyclical. Booms like the one experienced by container shipping in 2021-2022 are very rare. For many longtime...
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Asia Fuel Oil-HSFO crack holds at 15-month highs

Asia’s high sulphur fuel oil (HSFO) margin held firm at 15-month highs on Tuesday amid supportive fundamentals. The September crack...
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Baltic index extends decline as larger vessel rates fall

The Baltic Exchange’s main sea freight index .BADI fell for a third straight day on Tuesday, weighed down by a...
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