The freight rate for Suezmax voyages loading in West Africa and discharging in the UK-Continent fell to a nine-month low in dollar per metric ton terms on July 3, amid recent softness in the US Gulf market, a lengthy Atlantic tonnage list, and muted inquiry levels....

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The Baltic Exchange’s main sea freight index, which tracks rates for ships ferrying dry bulk commodities, fell to a one-week low on Thursday, dragged by weaker demand across all vessel segments. The overall index, which factors in rates for capesize, panamax, and...

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Asia’s middle distillates markets saw an uptick in paper and physical discussions as ICE gasoil futures were little changed, with some refiners still clearing prompt cargo sales. SK Energy still had spot sales ongoing for prompt end-July loading cargoes, leading...

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International Maritime Organization (IMO) Secretary-General Arsenio Dominguez will attend this year’s Global Maritime Forum Annual Summit, taking place 15-17 October in Tokyo. Dominguez will join some 220 C-suite leaders from the maritime sector and beyond to address...

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Russian gasoline exports by rail jumped by more than 70% in June from May to 423,101 metric tons after a ban on exports was waived, data from sources and Reuters calculations showed. The government issued a temporary waiver to the ban from May 20 until June 30 and...

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