News Flash

Asia Distillates-Activity ticks up; one refiner selling prompt cargoes

Asia’s middle distillates markets saw an uptick in paper and physical discussions as ICE gasoil futures were little changed, with...
Read More

IMO Secretary-General to join industry leaders at Global Maritime Forum Annual Summit in Tokyo

International Maritime Organization (IMO) Secretary-General Arsenio Dominguez will attend this year’s Global Maritime Forum Annual Summit, taking place 15-17 October...
Read More

Russian June gasoline exports by rail jump after ban waived, Afghanistan sales surge

Russian gasoline exports by rail jumped by more than 70% in June from May to 423,101 metric tons after a...
Read More

US crude exports to Europe hit a two-year low in June

U.S. crude shipments bound for Europe fell to a two-year low in June as European buyers bought cheaper regional and...
Read More

NAPA and Union Marine Management Services enter agreement on Voyage Optimization and CII simulator deployment

New partnership on digital integration will help reduce emissions and support compliance for an initial 55 bulk carriers. NAPA’s Voyage...
Read More

Korea plans $1.4bn investment for smart shipbuilding projects

The Republic of Korea’s industry ministry said Tuesday it plans to pursue investment projects worth 2 trillion won (US $1.44...
Read More

Technology Innovators RINA and ROTOBOOST join SEA-LNG

RINA, a world-leading inspection, certification and consulting engineering multinational and ROTOBOOST, a global hydrogen technology company, have joined the SEA-LNG...
Read More

Russian LNG exports up in H1 but set to fall due to maintenance

Russia’s Liquefied Natural Gas (LNG) exports rose 2.7% in the first half of the year to 16.79 million metric tons,...
Read More

Vitol invests in future of LNG bunkering by securing three LNG Bunkering Vessels

Vitol has secured three LNG Bunkering Vessels (“LNGBV”) through its shipping company, Vitol International Shipping Pte Ltd (“VIS”). The vessels...
Read More

Asia Fuel Oil-HSFO range-bound; more July tenders underway

Asia’s High Sulphur Fuel Oil benchmarks were range-bound on Wednesday, while more tenders were underway for cargoes loading in July....
Read More

FUJAIRAH DATA: Oil product stocks drop to nine-month low

Stockpiles of oil products at the UAE’s Port of Fujairah dropped to a nine-month low as of July 1, with...
Read More

Tanker market in unfamiliar equilibrium as demand levels stay ‘higher for longer’

Large scale route diversions as a consequence of the Red Sea/Suez Canal crisis have seen deadweight demand for crude and...
Read More

WAF-UKC Suezmax rate dips below w100 for first time since May 15

The freight rate for the key West Africa-UK/Continent Suezmax run, exclusive of EU Emissions Trading Scheme costs, dropped below the...
Read More

Baltic index snaps 5-day winning streak on lower vessels rates

The Baltic Exchange’s main sea freight index, which tracks rates for ships ferrying dry bulk commodities, snapped its five-session gaining...
Read More

Folk Maritime signs deal with Bahri Ship Management to strengthen its fleet capabilities

Folk Maritime Services Company, a PIF company and one of the region’s leading feeder and short-sea services provider, has signed...
Read More

Oil bulls advance cautiously as stocks expected to fall

Investors purchased petroleum for the third week running as bearishness triggered by the OPEC+ meeting at the start of June...
Read More

Wärtsilä ammonia fuel supply and cargo handling systems selected for two more EXMAR vessels at Hyundai Mipo Dockyards

Wärtsilä Gas Solutions (WGS), part of technology group Wärtsilä, will deliver the fuel supply and cargo handling systems for two...
Read More

Shipping firm HMM deploys new carbon capture system on vessels

HMM, Korea’s largest container shipper, deployed new proprietary technology in the voyage of 2,200 TEU (twenty-foot equivalent unit) container ships,...
Read More

Baltic index rises for fifth straight day on strong capesize demand

The Baltic Exchange’s main sea freight index, which tracks rates for ships ferrying dry bulk commodities, gained for the fifth...
Read More

US crude, products stockpiles seen down last week

U.S. crude oil and product stockpiles were expected to have fallen last week; a preliminary Reuters poll showed on Monday....
Read More
1 90 91 92 93 94 530