News Flash | Sea and Job

HSFO discount narrows in stronger bidding

Asia’s high sulphur fuel oil (HSFO) market logged a narrower discount on Thursday as stronger bids emerged, though onshore inventories at Singapore storage hub remained high, capping recovery in the benchmarks. The 380-cst HSFO cash differential rebounded for a second...

Shadow tanker operators buy old ships, scrap older for fleet renewal

Tanker operators focusing on sanctioned trades have continued to acquire aged ships in secondhand markets this year to renew their fleets while sending some of their oldest ships to scrapyards, according to several tanker analysts, industry participants and ship...

Baltic Index Edges Down From Near Two-Year Peak As Rates Drop Across All Segments

The Baltic Exchange’s dry bulk sea freight index, which tracks rates for vessels transporting dry bulk commodities, eased from a near two-year-peak on Thursday, pressured by weaker rates across all segments. The main index, which factors in rates for capesize, panamax...

AXSMarine and KOBC globalise KCCI container-freight index

AXSMarine, a pioneer and market leader in advanced solutions for shipping professionals, and parent company of Alphaliner – a leading provider of in-depth analysis for the liner shipping industry – announced the signing of a Memorandum of Understanding (MOU) with...

India’s January-October iron ore imports at six-year high, JSW Steel top buyer

India’s iron ore imports hit a six-year high this year as steel mills stepped up overseas purchases to overcome shortages of high-grade ore and take advantage of lower global prices for the steelmaking raw material, analysts and trade officials said. Iron ore imports...

Kongsberg Maritime Marks 50 Years of Dynamic Positioning Innovation

Kongsberg Maritime is marking a major milestone: 50 years since the introduction of its first Dynamic Positioning (DP) system, a Norwegian innovation that transformed offshore operations and set new standards for safety and efficiency at sea. The story began in the...

HSFO discount narrows in stronger bidding

Shadow tanker operators buy old ships, scrap older for fleet renewal

Baltic Index Edges Down From Near Two-Year Peak As Rates Drop Across All Segments

AXSMarine and KOBC globalise KCCI container-freight index

India’s January-October iron ore imports at six-year high, JSW Steel top buyer

Kongsberg Maritime Marks 50 Years of Dynamic Positioning Innovation

Recent News