News Flash | Sea and Job

Panama Canal To Allow 36 Daily Transits By September

According to the company’s release, consistently strong rains will allow the Panama Canal to accommodate 36 transits a day from September, bringing the interoceanic waterway ever closer to maximum operating conditions. At its maximum, the canal can handle 40...

MOL Secures AiP For Wind Challenger-Equipped LNG Carrier Design

Mitsui O.S.K. Lines (MOL) has announced it has been awarded approval in principle (AiP) by Nippon Kaiji Kyokai (ClassNK) for the design of a membrane LNG carrier installed with the company’s Wind Challenger wind-assisted propulsion technology. The design has been...

Russia’s August Western Port Oil Loadings To Rise 9% M/M, Sources Say

Russia will increase oil exports via its western ports to 1.95 million barrels per day (bpd) in August, up by some 150,000 bpd from July, although high domestic demand will restrain overseas sales potential, two trade sources said on Friday. Russia needs to supply its...

Asia’s Crude Oil Imports Drop In July As China Stays Weak

Asia’s crude oil imports dropped to the lowest in two years in July as demand remained weak in top importer China and eased in number two India. According to data compiled by LSEG Oil Research, 24.88 million barrels per day (bpd) arrived in July in Asia, the...

Baltic Index Snaps 10-Session Losing Streak As Capesize Rates Gain

The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, snapped a 10-session losing streak on Friday, supported by gains in capesize rates. The overall index. BADI, which factors in rates for capesize,...

Red Sea crisis hits volumes at port of Piraeus

Piraeus reported that in June it experienced a decrease of 10.1% in containers handled, contributing to a broader 12.9% downturn for the first half of the year, according to Seatrade Maritime. The decline at Piraeus is mainly caused by challenges in global shipping...

Panama Canal To Allow 36 Daily Transits By September

MOL Secures AiP For Wind Challenger-Equipped LNG Carrier Design

Russia’s August Western Port Oil Loadings To Rise 9% M/M, Sources Say

Asia’s Crude Oil Imports Drop In July As China Stays Weak

Baltic Index Snaps 10-Session Losing Streak As Capesize Rates Gain

Red Sea crisis hits volumes at port of Piraeus

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