News Flash

India’s Coal Imports From Russia Pick up Pace

India has been increasingly looking to Russia, to cover its energy and raw materials needs, with coal being no exception....
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Dry Bulk Market: Capesize Market’s Weakness Still Evident

Capesize - As China returned from their Lunar New Year holidays there was hope in some quarters that the market...
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Tankers: Higher Crude Production Would be Welcome, But It’s Not Looking Likely At the Moment

The tanker market and most notably the larger sizes could benefit from higher production figures, but at things stand no...
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Start thinking about carbon strategies today

Shipping companies should be looking at carbon strategies – both compulsory and voluntary – today as impactful legislation is fast...
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Drewry: Despite strong long-term investment case, looming uncertainties dampen our near-term outlook

After a slow start in 1Q22, stocks prices slumped for two consecutive quarters – 2Q22 and 3Q22. This further eroded...
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LNG Shipping Primed for a Stellar 2023

The LNG shipping market is about to experience a great year earnings-wise, at least according to existing fundamentals projections. In...
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RightShip: Climbing cases of seafarer abandonment places profits above people as $40 million is lost in unpaid crew wages

Reported rates of seafarer abandonment show no signs of slowing, with current figures listing 9,925 men and women cast adrift...
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Record 112m tonnes Indian wheat harvest not seen benefitting global supplies

India is heading for the highest wheat harvest on record of 112 million tonnes this spring. However, exports will likely...
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Leveraging Technology and Communication in the Shipping Industry: The Key to Streamlining Operations

The shipping industry is adjusting to the modern trend with smart ship technologies to enhance marine operations as the world...
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Container Shipping Companies Splurge on Newbuildings

The newbuilding market has been lit on fire as major container liners have moved forward with their newbuilding plans. In...
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Product Tanker Market Expected to Face Structural Shift

The product tanker market is already in Russian ban mode since February the 5th, when the EU import ban took...
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India says G20 presidency an opportunity to play key role in energy security efforts

India’s G20 presidency is an opportunity to lead efforts on ensuring global energy security, while keeping climate goals in mind...
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Blaze at Turkey’s Iskenderun port under control -maritime authority

A container blaze at Turkey’s southern port of Iskenderun has been brought under control, Turkey’s maritime authority said on Wednesday,...
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Overseas Demand Continues to Affect Cargo, Exports at Chinese Ports

China’s total cargo throughput was up by 3% yoy in 4Q22, while foreign trade cargo declined by 1% yoy at...
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TotalEnergies Marine Fuels, Hapag-Lloyd and Jurong Port Universal Terminal Kick-start First Biofuel Bunker Term Delivery in Singapore

TotalEnergies Marine Fuels has successfully completed its first refuelling of a Hapag-Lloyd container vessel in Singapore with sustainable, UCOME (Used...
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U.S. East Coast Port Workers Begin Early Contract Talks

Union locals that represent dockworkers at 36 ports from Maine to Texas have opened contract talks with employers well ahead...
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IMCA calls for offshore wind competitiveness programme

A week after launching the International Marine Contractors Association’s (IMCA’s) newly updated Renewables Contracting Principles (IMCA LCIC 014) with the...
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Supply chain experts: Post-Covid sourcing diversification will reshape trade and shipping flows

The diversification of product sourcing away from China in the post-Covid era as manufacturers and retailers seek more supply chain...
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Record 112m tonnes Indian wheat harvest not seen benefitting global supplies

“India is heading for the highest wheat harvest on record of 112 million tonnes this spring. However, exports will likely...
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Baltic index snaps 5-session losing run on higher capesize rates

The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, snapped its five-day losing streak...
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