News Flash

Trade growth slump on near horizon

Trade growth slump on near horizon

The global economy has proven “resilient” this year, despite concerns about a sharper slowdown in the wake of higher trade...
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Expansion of Dangote’s refinery capacity to reshape Atlantic basin flows

Expansion of Dangote’s refinery capacity to reshape Atlantic basin flows

The Dangote refinery’s expansion to 1.4 mbpd by 2028, doubling its current output, is expected to reshape regional trade dynamics...
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Delays for oil tankers in Turkish straits jump to 12 days on weather, security risks

Delays for oil tankers in Turkish straits jump to 12 days on weather, security risks

Delays for oil tankers passing through the Turkish Straits have climbed to about 12 days for a round trip to...
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Middle East bunker activity mixed in November

Middle East bunker activity mixed in November

Bunker fuel availability in Fujairah was firm across all grades in November, according to traders and suppliers in the Middle...
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EIA forecasts U.S. crude oil production will decrease slightly in 2026

EIA forecasts U.S. crude oil production will decrease slightly in 2026

In our latest Short-Term Energy Outlook, we forecast U.S. crude oil production will average 13.5 million barrels per day (b/d)...
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Solstad Maritime ASA: Successful amendment and extension of existing credit facilities

Solstad Maritime ASA: Successful amendment and extension of existing credit facilities

Highlights from the amended facilities agreement: The term of the loan has been extended by 2 years, with maturity extended...
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Taylor Maritime Reports Unaudited Interim Results for the period 1 April 2025 to 30 September 2025

Taylor Maritime Reports Unaudited Interim Results for the period 1 April 2025 to 30 September 2025

Taylor Maritime Limited, the specialist dry bulk shipping company, today announces its interim results for the six month period ended...
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Hapag-Lloyd orders eight new dual-fuel methanol container ships

Hapag-Lloyd orders eight new dual-fuel methanol container ships

Hapag-Lloyd has signed a contract with the Chinese shipyard CIMC Raffles for the construction of eight new container ships. The...
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VIRSEC Launches New Online Course to Tackle Harassment, Bullying, and Strengthen Crew Welfare

VIRSEC Launches New Online Course to Tackle Harassment, Bullying, and Strengthen Crew Welfare

Given the continued industry focus on crew welfare, professional conduct, and the prevention of sexual harassment and bullying at sea,...
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Baltic Index Falls To Near One-Month Low On Weaker Rates

Baltic Index Falls To Near One-Month Low On Weaker Rates

The Baltic Exchange’s dry bulk sea freight index, which tracks rates for vessels transporting dry bulk commodities, fell to a...
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GEA NOx Separator: For cleaner shipping with pioneering fuel technology

GEA NOx Separator: For cleaner shipping with pioneering fuel technology

On the occasion of Marintec China (2–5 December 2025), GEA was showcasing its latest technologies for low-emission ship design. At...
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Syroco Live Enhances Energy Efficiency And Voyage Economics For Bulk Carriers

Syroco Live Enhances Energy Efficiency And Voyage Economics For Bulk Carriers

Climate tech specialist Syroco is pleased to announce new results from its voyage optimisation platform, Syroco Live. The system, which...
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MSC, BlackRock’s bid for Hutchison’s Barcelona terminal may push up prices, EU says

MSC, BlackRock’s bid for Hutchison’s Barcelona terminal may push up prices, EU says

BlackRock and MSC’s bid for CK Hutchison’s 1 terminal at Barcelona port could lead to higher prices or reduce the...
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Fourth certification for Volos Port Authority

Fourth certification for Volos Port Authority

ESPO congratulates Volos Port Authority (Greece) for being recertified through the EcoPorts environmental management stander (PERS). Volos Port Authority has...
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MOL, China’s Largest Fuel Supplier SINOPEC, Marubeni Sign MOU to Establish Long-term Supply System for Marine Biodiesel Fuel

MOL, China’s Largest Fuel Supplier SINOPEC, Marubeni Sign MOU to Establish Long-term Supply System for Marine Biodiesel Fuel

Mitsui O.S.K. Lines, Ltd. announced that MOL, China’s largest fuel supplier SINOPEC Zhejiang Zhoushan Petroleum Co., Ltd., and Marubeni Corporation,...
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Asia Fuel Oil Markets in steady discounts, inventories pile up

Asia Fuel Oil Markets in steady discounts, inventories pile up

Asia’s fuel oil markets held steadily in discounts on Thursday, while onshore inventories at key storage hub Singapore continued to...
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Lloyd’s Register, EXMAR and the Belgian Federal Public Service for Mobility and Transport join forces to help develop new guidelines for ammonia cargo as fuel

Lloyd’s Register, EXMAR and the Belgian Federal Public Service for Mobility and Transport join forces to help develop new guidelines for ammonia cargo as fuel

The Interim Guidelines represent a significant step towards the safe and practical use of ammonia as a zero-carbon marine fuel....
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India bunker demand stable in November, Sri Lanka volumes fall

India bunker demand stable in November, Sri Lanka volumes fall

India’s west coast bunker fuel demand remained resilient in November as declining prices and improved domestic refinery supplies supported steady...
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Over 30 sanctioned ships in Venezuela at risk after US tanker seizure

Over 30 sanctioned ships in Venezuela at risk after US tanker seizure

More than 30 U.S.-sanctioned oil vessels doing business in Venezuela could face punishment by Washington after the Coast Guard seized...
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Baltic Index Extends Losses To Near Three-Week Low On Falling Vessel Rates

Baltic Index Extends Losses To Near Three-Week Low On Falling Vessel Rates

The Baltic Exchange’s dry bulk sea freight index, which tracks rates for vessels transporting dry bulk commodities, fell to a...
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