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Iron ore drifts higher, but China property woes limit upside

Iron ore futures edged higher on Wednesday after trading in a tight range, as signs of economic stabilisation in China...
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China’s fuel oil imports ease for second straight month in August

China’s fuel oil imports retreated for a second consecutive month in August, data from the General Administration of Customs showed...
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Asia Fuel Oil-HSFO extends slide; China imports ease

Asia’s high sulphur fuel oil (HSFO) market extended declines on Wednesday, while latest customs data showed a fall in China’s...
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Baltic index rises for 11th straight session on strong vessel rates

The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commodities, rose for the11th consecutive...
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Russian energy ministry to take “measures” against grey exports of fuel – Ifx

Russian energy ministry said on Wednesday it would take “radical” measures to stop the “grey export” of oil products in...
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Bureau Veritas Invests in Software Innovator OrbitMI to Propel Performance in the Maritime Industry

Bureau Veritas, a world leader in testing, inspection, and certification services, and OrbitMI, the New York-based maritime software company, have...
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Japan’s exports extend declines as China slowdown bites

Japan’s exports fell in August for a second straight month, weighed by declines in China’s demand for steel and heavy...
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Economic growth target within reach, say intl experts

Green shoots indicating a pick up in economic momentum in August have increased the confidence of international financial institutions which...
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Latsco has contracted three 64,000 DWT ultramax bulkers in Oshima Shipbuilding, Japan

After the Group’s first move in dry cargo in 2016 when it acquired four second hand supramaxes, now the company...
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WTI price surge curbs US oil flows to Europe, Asia

A sudden surge in U.S. West Texas Intermediate crude prices that pulled Brent higher has shut off arbitrage routes for...
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MISC & Νissen Κaiun enter into a new partnership agreement

MISC Berhad (MISC) has entered into a new partnership agreement with Japanese ship owner, Nissen Kaiun Co., Ltd. (Nissen Kaiun)...
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KPI OceanConnect and Uni-Tankers collaborate on successful biofuel trial

Uni-Tankers, a leading tanker shipping company, and KPI OceanConnect, a leading global marine energy solutions provider, today announced they have...
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Asia Fuel Oil-HSFO margin slides to five-month lows

Asia’s refining margin for 380-cst high sulphur fuel oil (HSFO) slipped to five-month lows on Tuesday, while cash premiums inched...
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Vopak reaches agreement with Infracapital on the sale of its chemical terminals in Rotterdam

Vopak announces that it has reached an agreement with Infracapital on the sale of its three chemical terminals in Rotterdam...
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Iron ore extends decline on higher domestic supply, demand concerns

Iron ore futures extended declines on Tuesday as mounting domestic supply and persistent demand concerns amid a lingering property slump...
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CMA CGM and Maersk join forces to accelerate the decarbonization of the shipping industry

A.P. Moller – Maersk A/S and CMA CGM have decided to join forces on several areas relating to decarbonization, in...
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Europe’s shipping emissions back to pre-pandemic high

European shipping emissions reached an all time high last year, new Transport & Environment (T&E) analysis shows. With the UN’s...
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Danish Shipping: EU needs to invest in green fuels

Torben Carlsen, CEO of DFDS and chairman of Danish Shipping participates in the European Shipping Summit 2023 to bring Danish...
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Baltic index logs best day in almost two months on capesize demand

The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commodities, on Tuesday posted its...
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Republic of the Marshall Islands to Flag Two First-ever 22,000 Cubic Meters Liquid Carbon Dioxide Carrier Newbuilds

The Republic of the Marshall Islands (RMI) will flag the first-ever state-of-the-art 22,000 cubic meters (cbm) liquid carbon dioxide (LCO2)...
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