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Asia Fuel Oil-VLSFO dips; bunker demand cautious after oil spill

Spot premiums for Very Low Sulphur Fuel Oil (VLSFO) softened in Asia on Friday, while the market eyed cautious demand...
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Trafigura charters supertanker to load gasoil from Mideast

Global commodities trader Trafigura loaded diesel onto a supertanker in the Middle East this week, taking advantage of lower freight...
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Baltic index logs weekly gain on strong capesize demand

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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ARA fuel stocks fall on the week, Insights Global data shows

Refined oil products stocks held in independent storage in the Amsterdam-Rotterdam-Antwerp (ARA) refining and storage hub fell by nearly 4%...
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China, US push for green international shipping corridor

China and the United States are pushing for the green, low-carbon, and sustainable development of the international shipping industry. The...
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Hong Kong: Government proposes amendments to update regulations on merchant shipping safety to comply with international standards

The Government gazetted a proposal comprising the introduction of a new Merchant Shipping (Safety) (Ships Carrying Industrial Personnel) Regulation under...
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India’s May oil imports: Russia at record high, Saudi lowest in 10-mth

India’s oil imports from Russia rose to a record of about 2.1 million barrels per day (bpd) in May as...
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Rare LNG vessel sails through Red Sea amid Houthi attacks, data shows

The first Liquefied Natural Gas (LNG) tanker since January is sailing through the Red Sea, just days after Yemen-based Houthi...
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Wintermar Offshore Investing More in the OSV Market

PT Wintermar Offshore Marine Tbk (WINS:JK) has invested US $13.9 million out of total planned capex of US $35 million...
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Finally, carriers add more loops, cancel fewer sailings

Are carrier services getting more predictable? In a volatile, under-supplied market, it is a nice feeling when you perceive that...
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Beware a potential flaw in index-linked ocean container shipping contracts, which could cost millions of dollars

Index-linked contracts are becoming increasingly popular in ocean freight container shipping, but some contain a potential flaw that could cost...
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China’s oil imports from Russia fall to seven-month low

Russia’s crude oil exports to China in May fell to a seven-month low, official data showed on Thursday. Supply via...
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Singapore to seek compensation from ship owner for oil spill, media reports say

Singapore will seek compensation for the costs incurred in an oil spill last week from the owners of the stationary...
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New Monna Lisa Vessel to Cut Tonnes Of CO2 And VOC Emissions By Opting For International® Marine Coatings Solutions

International®, AkzoNobel’s marine coatings brand, has today announced that a new cable-laying vessel, the Monna Lisa, owned by Prysmian, is...
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India approves $9-billion port to boost trade with Europe

India’s cabinet approved the development on Wednesday of a new deep-water port that the government said will be a crucial...
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Emanuele Grimaldi re-elected as Chairman of the International Chamber of Shipping

The International Chamber of Shipping (ICS) Board of Directors has unanimously re-elected Emanuele Grimaldi, President and Managing Director of Grimaldi...
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Day Of The Seafarer: Health Tips To Support Safety At Sea

The Day of the Seafarer (25th June) recognizes the vital contribution made by seafarers from all over the world to...
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Asia Fuel Oil-HSFO softens; inventories extend gains for fourth week

Asia’s 380-cst High Sulphur Fuel Oil (HSFO) market weakened on Thursday as a lower-priced trade emerged, while inventories at key...
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New IMO guidance for managing challenging ballast water quality

At its 81st meeting in March 2024, the IMO MEPC adopted Resolution MEPC.387(81), with interim guidance for ships operating in...
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Baltic index hits more than one-month high on strong capesize demand

The Baltic Exchange’s main sea freight index, which tracks rates for ships ferrying dry bulk commodities, hit more than a...
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