The Baltic Exchange’s dry bulk sea freight index, which monitors rates for vessels moving dry bulk commodities, extended losses on Friday and was headed for a weekly loss, pressured by declining capesize vessel rates. The main index, which factors in rates for...

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Asia’s diesel markets were brimming with spot refiner sale activities for November as sellers cashed in on front-month market premiums, with timespreads extending gains and spot premiums. Spot selling interest from a handful of refiners for November resurfaced despite...

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The figures presented in this report are unaudited. Figures in brackets, unless otherwise stated, refer to the same period a year earlier. THIRD QUARTER HIGHLIGHTS – Order intake EUR 1,148.6 million (956.2), +20.1 percent (+22.9 percent on a comparable currency...

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Between 14 – 17 October, the Federation of National Associations of Ship Brokers and Agents (FONASBA) held its Annual General Meeting (AGM) in Istanbul, Turkey. The event took place at a pivotal moment for the association as the current Executive Committee completed...

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Under Zero-Emission Accelerating Ship Finance (“the Program”), which is jointly operated by Development Bank of Japan Inc. (DBJ) and ClassNK, ClassNK evaluated the hydrogen-fueled demonstration large oil tanker “KIKOU MARU” (IMO 1015595) (“the Ship”), owned by Uyeno...

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Chinese state oil majors have suspended purchases of seaborne Russian oil after the United States imposed sanctions on Rosneft and Lukoil, Moscow’s two biggest oil companies, multiple trade sources said on Thursday. The move comes as refiners in India, the largest...

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