News Flash

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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Baltic index posts gains as capesize rates rise

The Baltic Exchange’s dry bulk sea freight index rose on Friday, buoyed by gains across the capesize vessel segment. The...
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