News Flash | Sea and Job

Can Iran replace sea trade with land routes?

Can land corridors offset the impact of the maritime blockade on Iran? The US-led maritime blockade targeting Iranian ports has severely disrupted trade through its southern ports, but it is also accelerating a strategy Tehran had discussed for years: moving more...

LNG Bunker Snapshot: ARA price soars as European gas supply risks mount

ARA up by $178/mt to $1,607/mt Singapore up by $48/mt to $1,537/mt Baltics up by $179/mt to $1,713/mt ARA Rotterdam’s LNG bunker price has surged, tracking a sharp rise in the front-month Dutch TTF natural gas contract. Over the past week, TTF has climbed 13% to...

Russia shifts to Hong Kong tankers as Greek operators exit Black Sea

Russia turned to non-G7 tankers for seaborne crude sales to foreign buyers in August, especially those operated by Hong Kong companies, as Greek tanker firms steered clear of the Black Sea amid an escalation in maritime attacks. Tankers flagged, owned and operated by...

Baltic Dry Index Falls for 3rd Session

The Baltic dry index fell 1.8% to 3445 on Monday, extending losses for the third session to its lowest level since September 2. The capesize index, which typically transports 150,000-ton cargoes, including iron ore and coal, declined 2.8% to 5912. Also, the panamax...

Baltic dry bulk freight index falls to lowest in over a week

The Baltic Exchange’s dry bulk freight index dropped on Friday, reaching its lowest point since September 3 as weaker rates for capesize and panamax vessels pulled down the benchmark. The main Baltic index, which measures rates for capesize, panamax and supramax...

Fresh momentum for Net-Zero Framework gains

The International Maritime Organisation’s 22nd Intersessional Working Group on Reduction of GHG Emissions from Ships (ISWG-GHG 22) closed in London on September 4 with negotiators signalling renewed momentum towards a final agreement on the organisation’s Net-Zero...

Can Iran replace sea trade with land routes?

LNG Bunker Snapshot: ARA price soars as European gas supply risks mount

Russia shifts to Hong Kong tankers as Greek operators exit Black Sea

Baltic Dry Index Falls for 3rd Session

Baltic dry bulk freight index falls to lowest in over a week

Fresh momentum for Net-Zero Framework gains

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