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Spot premiums stable; latest Al Zour tender underway

Spot cash premiums in Asia’s fuel oil market were stable on Monday amid thin trade, while Kuwait’s Al Zour issued...
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Russia’s April seaborne oil product exports down 5% m/m -sources, Reuters calculations

Russia’s seaborne oil product exports fell in April by 5% month-on-month on a daily basis, data from industry sources and...
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Singapore April bunker sales hit three-month high on better prices

Sales of marine fuel, also known as bunker fuel, hit three-month highs in the world’s biggest refuelling hub Singapore in...
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US Unlikely To Sanction South Africa In Russia Weapons Dispute

South African Finance Minister Enoch Godongwana said his country had resolved a dispute with the U.S. over allegations that Pretoria supplied...
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Korea Commissions LNG Bunker Vessel with Domestic Containment System

South Korea christened its new domestically designed and built liquified natural gas bunker vessel this week. The ship marks a...
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Asian spot LNG prices fall for third straight week to near 2-yr low

Asian spot liquefied natural gas (LNG) prices fell for the third straight week on Friday to the lowest level in...
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DIS Recorded Very Strong Consolidated Results In The First Quarter of 2023, With Net Profit Of Us$ 54.1m, Ebitda Of US$ 76.4m

The Board of Directors of d’Amico International Shipping S.A. (Borsa Italiana: “DIS”) (hereinafter: “the Company”, “d’Amico International Shipping” or the...
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IMO: Preparing for future emerging global health threats

IMO is participating in global efforts led by the World Health Organization (WHO) to better prepare for possible future disease...
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HMM joins takeover bid to buy Hyundai LNG Shipping

HMM, South Korea’s largest LNG shipping firm, will join a bid to acquire a 100 percent stake in Hyundai LNG...
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Record U.S. crude exports, rising shale output boosts oil flow to Houston

Oil pipelines from the top U.S. shale field to Houston that have run half empty are filling again as rising...
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Russia Starts Building Ships for North-South Trade Route to Iran

The first block for a new class of Russian domestic containership that is also capable of carrying dry bulk cargo...
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Hapag-Lloyd: Higher costs will inevitably push up shipping rates

Germany’s Hapag-Lloyd, the world’s fifth-largest shipping line, posted better-than-expected results for the first quarter of 2023, with freight rates averaging...
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South East Asia set to enter coal importer big leagues

Southeast Asia only accounts for around 12% of global thermal coal imports, so is often overshadowed by China and India...
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Iron ore wobbles on China demand concerns, stimulus hopes

Iron ore futures fell on Friday, as traders worried about a dim demand outlook in top steel producer and metals...
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India’s April palm oil imports slump 30% to 14-month low

India’s palm oil imports in April slumped 30% from a month earlier to hit a 14-month low, as the premium...
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COSCO SHIPPING Ports announces that the German Government confirms the approval of the investment by the Company in 24.99% equity interest of Hamburg Port Container Terminal Tollerort

COSCO SHIPPING Ports Limited (‘CSPL’ or ‘the Company’) announces that on 10 May, the German government confirmed the approval of...
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EXMAR Reports Higher First Quarter Revenues

The Executive Committee of EXMAR NV today reports its first quarter results 2023 KEY EVENTS FIRST QUARTER 2023 AND OUTLOOK...
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Baltic Exchange assurance engagement for Ocean Bulk completed by PWC

PricewaterhouseCoopers LLP (PwC) have recently completed the third independent assurance audit of Baltic Exchange Information Services Ltd (BEISL) Ocean Bulk...
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China steps up sampling of soy cargoes, adding to costly delays, traders say

China is significantly increasing the rate of inspections on imported soybean cargoes, three soybean traders told Reuters on Friday, lengthening...
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Bankrupt Bed Bath & Beyond goes after container shipping lines

Bed Bath & Beyond filed for bankruptcy protection on April 23 and is closing all 475 of its stores. COVID-era...
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