An uptick in activity in the Platts European bunker Market on Close at the start of 2024 has resulted in the first trade in the assessment process in over a year Feb. 16. Orim sold to Peninsula a delivered Rotterdam 500MT 0.5% sulphur marine fuel bunker clip during...

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The Baltic Exchange’s dry bulk sea freight index edged up to hit a one-month high on Tuesday, as gains in the Panamax and Supramax vessels overshadowed a decline in the larger Capesize vessel segment. The overall index, which factors in rates for Capesize, Panamax and...

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Spot premiums for gasoil fell on Tuesday on lower-priced offers, while market backwardation also weakened from the prior day. The product cash differential slipped to 93 cents a barrel, a near six-week low, while the inter-month spread between March and April narrowed...

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Middle East crude benchmarks Oman and Dubai edged higher on Tuesday, while Murban’s premium touched the highest level this month on robust demand for light grades. Strong margins for light and middle distillates continued to drive demand for Abu Dhabi light grades...

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Mitsui O.S.K. Lines, Ltd. (MOL; President & CEO: Takeshi Hashimoto) announced that MOL Magsaysay Maritime Academy Inc., a merchant marine academy operated jointly by MOL and Magsaysay Maritime Corporation in the Philippines, held its 1st Commencement Exercises...

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The UK P&I Club has announced the successful completion of the P&I renewal for 2024. The 2024 renewal focus has been on portfolio management, providing strong support to the Club’s high-quality membership and a fair outcome for all Members, in line with Board...

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