Dalian iron ore futures prices closed lower on Thursday, pressured by increasing supply from top miners Vale and Fortescue, and higher steel inventories at Chinese mills. The most-traded September iron ore contract on China’s Dalian Commodity Exchange (DCE) ended...

Read More

The figures presented in this report are unaudited. Figures in brackets, unless otherwise stated, refer to the same period a year earlier. SECOND QUARTER 2025 HIGHLIGHTS – Order intake EUR 1,096.8 million (967.7), +13.3 percent (+17.1 percent on a comparable currency...

Read More

BP said on Thursday that contaminants were detected in some of the oil tanks at Turkey’s BTC Ceyhan terminal following assessment of the facilities, adding that oil loadings continued from other reservoirs. The reports about Azeri BTC oil being contaminated with...

Read More

Coastal communities across the UK are to benefit from £30 million funding to decarbonise shipping and power up local economies the Maritime Minister will announce today (24 July 2025) during a visit to Clydeport in Glasgow. Awarded from the sixth round of the Clean...

Read More

Spot discounts for 380-cst high sulphur fuel oil (HSFO) deepened on Thursday, while inventories at Singapore remained higher than average for a tenth consecutive week. The 380-cst HSFO grade traded lower at discounts wider than $7 a metric ton in the spot market....

Read More

Following recent reports that energy efficiency technologies are underperforming by up to 40 per cent, Oceanly, a leading provider of digital solutions for the maritime industry, has reported a 60 per cent success rate from its ECOPAC energy optimisation system. As...

Read More