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HSFO discounts deepen while VLSFO steady

Asia’s spot discounts for high sulphur fuel oil (HSFO) deepened on Thursday, while very low sulphur fuel oil (VLSFO) market was largely stable. Singapore 380-cst HSFO traded at a wider discount of $3.50 a metric ton to cargo quotes. The prompt market remains...

China, India, and Brazil move on green shipping corridors as industry awaits climate regulations

The movement to create green shipping corridors – trade routes designed to demonstrate and scale novel zero-emission fuels, vessels, and technologies – has expanded in numbers and geographic scope, according to a new progress report published today by the Getting to...

Baltic Index Extends Gains On Rising Capesize Prices

The Baltic Exchange’s dry bulk sea freight index, which monitors rates for vessels moving dry bulk commodities, extended gains on Thursday to hit a near two-year high, supported by a rise in capesize vessel rates. The main index, which factors in rates for capesize,...

As the shadow fleet expands, loss of visibility poses a growing threat to maritime safety

The shipping industry has always been good at navigating uncertainty; however the rapid expansion of the shadow fleet represents a different kind of risk. It’s not just regulatory or geopolitical; it’s informational. Each vessel that goes dark removes a small piece of...

Economies face $14 billion in annual losses from maritime chokepoint disruptions

Global trade routes are increasingly vulnerable as the world’s narrow shipping passages, known as maritime chokepoints, face mounting threats from both human-induced hazards such as conflict, piracy, and terrorism, and natural hazards driven by extreme weather. A new...

Iron Ore Edges Up On China Demand Lift, Rising Global Supply Caps Gains

Iron ore futures prices edged higher on Wednesday, with support from a modest pickup in China demand outweighing pressure from rising global supply and falling steel output. The most-traded January iron ore contract on China’s Dalian Commodity Exchange (DCE) was...

HSFO discounts deepen while VLSFO steady

China, India, and Brazil move on green shipping corridors as industry awaits climate regulations

Baltic Index Extends Gains On Rising Capesize Prices

As the shadow fleet expands, loss of visibility poses a growing threat to maritime safety

Economies face $14 billion in annual losses from maritime chokepoint disruptions

Iron Ore Edges Up On China Demand Lift, Rising Global Supply Caps Gains

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