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Russian oil product exports via Tuapse to fall sharply in Feb -traders
Russian oil product exports from the Black Sea port of Tuapse are set to fall by 59.1% in February to...
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CMA CGM to enhance its SAFRAN service connecting North Europe with South America East Coast
CMA CGM is pleased to announce its customers an improved coverage of North European ports with its SAFRAN service linking...
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TECO 2030 and Umoe Mandal submits fuel cell high-speed vessel design for approval in principle
TECO 2030 and Umoe Mandal has just delivered the documentation package to the Norwegian Maritime Authority for an approval in...
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Shippers hail transformational potential of new Maersk/Hapag-Lloyd ‘Gemini’ partnership promising 90% service reliability
The container shipping schedule reliability targets promised by Gemini Cooperation, the new Maersk and Hapag-Lloyd partnership which will start operating...
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Vitol collaborates with ZeroNorth to digitalise Asian bunker deliveries
Vitol Bunkers and its logistics arm, V-bunkers are collaborating with ZeroNorth to enhance the efficiency of the bunkering process in...
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Asia Fuel Oil-HSFO slumps into discount on selling frenzy
The spot high sulphur fuel oil (HSFO) market for the 380-cst grade sank into a discount on Thursday, as selling...
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Zero Emission Shipping Fund proposal submitted to UN to deliver on shipping’s net zero targets
The International Chamber of Shipping (ICS) has submitted a detailed, fit-for-purpose proposal to shipping’s global regulator, the UN International Maritime...
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Baltic index hits two-week low as rates for smaller vessels ease
The Baltic Exchange’s dry bulk sea freight index fell to a two-week low on Thursday, as weakness in rates for...
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Asia Fuel Oil-Month-end activity eases, volatile arbitrage outlook looms
Spot market activity cooled on the last trading day of January, while a volatile outlook for arbitrage supplies loomed as...
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Russia the driver behind China’s aluminium import boom
China’s imports of unwrought aluminium more than doubled year-on-year in 2023 and were the second highest annual total since the...
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ClassNK grants Innovation Endorsement for Products & Solutions to Digital Learning Management System by MarinePALS
ClassNK has granted its Innovation Endorsement for Products & Solutions*1 to “Digital Learning Management System” (Ver.2) developed by MarinePALS, a...
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India rebuilds coal stocks to ensure electric reliability
India’s electricity supply is much more comfortable at the start of 2024 than in either 2023 or 2022 as coal...
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ZeroNorth acquires Euronav’s FAST platform, accelerating shipping industry’s Journey to Zero Emissions
Technology company ZeroNorth and shipping company Euronav have today announced that ZeroNorth will acquire and manage Euronav’s Fleet Automatic Statistics...
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Red Sea crisis unlikely to end soon, Hapag-Lloyd CEO says
Attacks on cargo vessels in the Red Sea by Yemen-based Houthi rebels are unlikely to end soon, forcing shipping companies...
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Traders divert Russian oil products around Africa to avoid Red Sea -sources, LSEG
Traders were diverting cargoes with Russian oil products around Africa to avoid the Red Sea due to a heightened risk...
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Is the Red Sea effect on container shipping being overblown?
No one disputes that the Red Sea crisis is massively diverting containerized goods around the Cape of Good Hope. But...
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Baltic index falls in January as rates log worst month in eight
The Baltic Exchange’s dry bulk sea freight index was mostly flat on Wednesday but headed for a monthly decline, as...
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90POE and Harbor Lab join forces to set a new standard in efficiency and transparency of port operations and disbursement management
In a landmark joint announcement, 90POE and Harbor Lab are delighted to reveal their strategic integration partnership. This collaboration unites...
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Euro zone economy lags global growth as Germany struggles
The euro zone’s economy stagnated last year, underperforming the rest of the world as former powerhouse Germany struggled with an...
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Saudi Aramco gets directive to keep maximum sustained crude capacity at 12 mil b/d
Saudi Arabian state-run oil giant Aramco was directed by the country’s energy ministry to maintain its maximum sustainable crude capacity...
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