Sales of marine fuel at top global refuelling ports are slowing at the start of this year as the shipping sector grapples with uncertainty over geopolitics and the impact of escalating tariffs on global trade, industry sources said. Marine fuel sales at the world’s...
The Baltic Exchange’s dry bulk sea freight index, which monitors rates for vessels moving dry bulk commodities, edged lower on Thursday, hurt by falling rates across the capesize and panamax segments. The main index, which factors in rates for capesize, panamax and...
Strength in the Asia high sulphur fuel oil (HSFO) market eased further on Wednesday as the market eyed heavy supply. More cargoes from the Middle East are expected to land in Asia this month as an earlier rally in HSFO prices drove more barrels to the region, trade...
ThPA S.A. has the honour to host the leading event organized annually by the European Sea Ports Organisation (ESPO). The 21st edition ESPO Conference is to be held for the first time in Thessaloniki, on 8 and 9 May 2025, at Makedonia Palace Hotel, attracting a number...
The ship recycling market has been sluggish over the past week, but sentiment could be shifting optimistic soon. In its latest report, Best Oasis (www.best-oasis.com), a leading cash buyer of ships said that “the ship recycling markets across India, Bangladesh,...
IMO to develop global strategy for maritime digitalization: IMO to develop global strategy for maritime digitalization banner medium The International Maritime Organization (IMO) is taking action to create a comprehensive strategy that harnesses emerging technologies...