News Flash

Brazil’s Manaus port applies low water surcharge anticipating drought season

Companies operating at Brazil's inland Manaus port, located on the Rio Negro in Amazonas state, have stablished a low water...
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First Senegalese crude cargoes bound for Dutch, German refineries: sources

Senegal's first ever crude cargoes will supply refineries in the Netherlands and Germany, according to trading sources and ship-tracking data,...
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Indian refiners likely saved at least $10 bn due to discounted Russian oil

Indian refiners may have been able to save at least $10.5 billion by purchasing Russian oil at discounted prices after...
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Will the alternative steel making process suppress Capesize charter rates in the long term?

Even though the steel making process tries to move away from the blast furnace-based route (that depends on iron ore)...
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Signing of the Oslo Declaration: 5 policy questions related to CCUS

Port of Antwerp-Bruges, Fluxys and key players from the chemical industry signed the Oslo Declaration during the Belgian economic mission...
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Integrating Navtor’s bunkers on board data with lubricant procurement

Closelink GmbH, the leader in marine lubricant procurement, is excited to announce an integration with NAVTOR, a premier provider of...
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India plans ship building JV between state-run refiners and Shipping Corporation of India

New Delhi: the Union ministry of shipping has proposed a joint venture between state-run Shipping Corporation of India (SCI) and...
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Port State Control – 2024 Concentrated Inspection Campaign on Crew Wages and Seafarer Employment Agreements

The meeting reviewed the results of various inspection campaigns and planned future ones. ​ Concentrated Inspection Campaigns target specific areas...
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Asian spot LNG prices remain above $12 for eighth week running

Asian spot Liquefied Natural Gas (LNG) prices fell slightly this week, tracking European gas prices, amid muted Chinese demand but...
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French Tonnage Tax Regime: a prime target in the midst of legislative elections

Following the recent dissolution of the French National Assembly, the country is preparing for early legislative elections. The political climate...
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Oil Tanker Seized By Iran In 2023 Bound For Oman Port, Shows Tracking Data

On Thursday, ship tracking data showed the vessel moving to international waters, with its destination being Khor Fakkan in the...
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China’s June Coal Imports Rise As Heat Boosts Electricity Demand

Customs data showed on Friday that China's coal imports in June rose 12% year-on-year, as heatwaves in the world's top...
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Nine Ports Compete for The ESPO Award 2024, Rewarding Circular Economy Projects in Europe’s Ports

The ESPO secretariat received nine submissions for the 16th edition of the ESPO Award. In accordance with this year’s theme,...
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Adani Ports Aims To Complete Phase One Of Long-Delayed Port By Year-End

Adani Ports expects to complete the first of four phases of a key transshipment container port in southern India this...
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Russia’s May Seaborne Oil Product Exports Up 10.4% M/M, Calculations Show

Russia's seaborne oil product exports in May rose to 9.595 million metric tons, up 10.4% month on month, after seasonal...
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Bangladeshi Banking Sector Called to Action On Ship Recycling

Bangladesh’s banking and finance sector is being invited to step up support for the country’s ship recycling industry - a...
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China June Crude Oil Imports Fall 11% On Year, H1 Imports Down 2.3%

China's crude oil imports in June were down 11% from a high base a year earlier, official customs data showed...
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World Maritime Day Theme 2025: Our Ocean – Our Obligation – Our Opportunity

Protecting the ocean is central to the 2025 world maritime theme. Our Ocean - Our Obligation - Our Opportunity has...
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Asia Fuel Oil-VLSFO Margin Logs Weekly Drop Amid Ample Prompt Supply

Refining margins for Very Low Sulphur Fuel Oil (VLSFO) posted a weekly decline as of Friday, according to trade sources....
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Baltic Index Logs Weekly Gain On Higher Vessel Rates

The Baltic Exchange's main sea freight index, which tracks rates for ships ferrying dry bulk commodities, rose on Friday to...
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