News Flash
Baltic Index Rises for Fifth Day On Stronger Capesize, Panamax Rates
Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, rose for the fifth straight session...
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Copper TC/RCs benchmark next year seen at 15-year low, survey shows
Copper concentrate processing fees are expected to be set at a 15-year-low in 2025 because of increasing tightness in raw...
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Trump’s win to bring spotlight on US agricultural trade, sustainability
The outcome of the US presidential election is seen as decisive for the country’s agriculture, with the new president Donald...
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Japan steel industry feels ‘sense of crisis’ as imports hit 10-year high
The Japanese steel industry is feeling a “sense of crisis” as the country’s steel imports for the April-September period reached...
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QatarEnergy inaugurates four LNG vessels, the first from Korean shipyards in its historic shipbuilding program
QatarEnergy inaugurated four new conventional-size LNG vessels built in the Samsung Heavy Industries Shipyard and the Hanwha Ocean Shipyard in...
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Chinese shipbuilders seek transition towards clean energy
In a bustling shipyard of Haixi Bay, located in the Xihai’an (West Coast) New Area of Qingdao, east China’s Shandong...
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Brazil lifts coal imports to record as hydro hit lingers
Brazil is set to import nearly 900,000 metric tons of thermal coal this month, the highest monthly tally on record...
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China cut Russian Arctic oil purchases by 21% in Jan-Oct, data shows
China reduced daily purchases of Russian Arctic oil grades, Novy Port, ARCO and Varandey, by more than a fifth in...
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Wind-assisted propulsion: Charterparty considerations
While the industry continues its search for fuels that have less GHG emissions, the age-old method of utilising wind to...
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Tanker: VLCCs Losing More Ground
Clean LR2 Tonnage has remained plentiful for MEG LR2’s this week. As a result, we have seen TC1 75kt MEG/Japan...
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The State of Maritime Supply-Chain Threats
Maritime supply chains remain the backbone of the global economy. Eighty percent of global trade by volume, and over seventy...
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HT PEM fuel cell veteran joins Blue World Technologies
With the announcement of Morten Hougaard Sørensen entering the Chief Business Development Officer role at Blue World Technologies, the company...
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Tanker Trade: The Impact of Canada’s Trans Mountain Pipeline
The expansion of Canada’s Trans Mountain Pipeline (TMX) is set to reshape the North American oil landscape, which of course...
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Asia Distillates-Dec spot liquidity rises; demand worries prevalent
Asia’s middle distillates markets saw more December discussions during the week, though cautiousness on demand remained prevalent and prices trended...
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Higher quotations across a range of commodities push the FAO Food Price Index to its highest level in 18 months
The FAO Food Price Index (FFPI) averaged 127.4 points in October 2024, up 2 percent from its revised September level...
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Iron ore falls ahead of China unveiling fresh fiscal stimulus
Iron ore futures slid on Friday, as investors adopted a cautious stance amid continuously falling demand and ahead of topconsumer...
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HD Korea Shipbuilding & Offshore Engineering Announces New Contract for 4 LNG Bunkering Vessels
HD Korea Shipbuilding & Offshore Engineering, the intermediate holding company of HD Hyundai specialized in shipbuilding, announced on November 8...
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E2open Ocean Shipping Index Cites Ongoing Conflict, Extreme Weather and Threat of Labor Strikes as Key Drivers of Port Congestion and Longer Transit Times
E2open Parent Holdings, Inc. (NYSE: ETWO), the connected supply chain SaaS platform with the largest multi-enterprise network, has published the...
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Asia Fuel Oil-Spot 380-cst premiums slip for first in 5 weeks; Hi-5 narrows
Asia’s 380-cst high sulphur fuel oil (HSFO) cash premiums slipped for the first time in five weeks, tracking the persistently...
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ETF Urges Stricter Regulations and Accountability for Shadow Fleet Operations
The European Transport Workers’ Federation (ETF) is calling for urgent action to combat the rise of so-called “shadow fleets,” which...
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