News Flash | Sea and Job

VLCC Tanker Rates on the Rise

Clean LR2 The TC1 75kt MEG/Japan index moved consistently upward this week to WS432 (+70). A voyage west climbed in value this week with the TC20 90kt MEG/UK-Continent index going from $7.94 million to $8.66 million. In Europe the TC15 80kt Mediterranean/East index...

Asia-US container rates mostly lower, tanker rates steady to lower

Rates for shipping containers from east Asia and China to the US were mostly softer as the frontloading of imports to beat new tariffs is slowing, while liquid tanker rates were flat to lower. CONTAINER RATES Rates from shipping firms tracked by ICIS were mostly lower...

How much of China’s crude demand will return?

With crude benchmarks retreating from above $100/b, market attention is shifting from supply disruptions to the post-crisis rebalancing of global oil markets, despite continued uncertainty over physical trade flows. Setting aside potential logistical disruptions, the...

Iran, U.S. exchange new strikes, leaving Hormuz status uncertain

Iran said it had launched a fresh round of attacks on U.S. facilities in the Middle East on Friday, after American military forces targeted Iranian military sites. The latest exchange of strikes threatened to heighten uncertainty around the status of the Strait of...

Genevos and Koedood Marine partner on marine hydrogen fuel cells

French marine fuel cell company Genevos has partnered with Dutch marine engineering firm Koedood Marine to explore the deployment of hydrogen fuel cell systems on inland and coastal vessels. The partnership will assess how Genevos’ marine fuel cell systems can help...

Cavotec signs EUR 8 million shore power order from leading global shipping company

Cavotec has signed an order valued at approximately EUR 8 million to supply shore power systems for newbuild container ships operated by a leading global shipping company. The order includes Cavotec’s PowerAMPReel shipboard shore power systems together with associated...

VLCC Tanker Rates on the Rise

Asia-US container rates mostly lower, tanker rates steady to lower

How much of China’s crude demand will return?

Iran, U.S. exchange new strikes, leaving Hormuz status uncertain

Genevos and Koedood Marine partner on marine hydrogen fuel cells

Cavotec signs EUR 8 million shore power order from leading global shipping company

Recent News