News Flash

The new energy equation: Why LNG is vital to the future of supply chains

The new energy equation: Why LNG is vital to the future of supply chains

A major trend in the global energy landscape today is the ongoing recalibration of supply chains, driven by shifting geopolitical...
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Have we seen Powell’s last rate cut as Fed chair?

Have we seen Powell’s last rate cut as Fed chair?

Federal Reserve Chair Jerome Powell made it clear that the resilient U.S. labor market is currently the primary determinant of...
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US-EU trade deal: What is it – and what does it mean for European competitiveness?

US-EU trade deal: What is it – and what does it mean for European competitiveness?

After weeks of wrangling, US President Donald Trump and European Commission President Ursula von der Leyen announced this week that...
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China’s soymeal glut raises demand doubts ahead of US soybean export season

China’s soymeal glut raises demand doubts ahead of US soybean export season

China’s appetite for soybeans is likely to weaken during the peak U.S. marketing season later this year, as record imports...
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How to reconcile CO₂ reduction targets with the efficiency of logistics operations?

How to reconcile CO₂ reduction targets with the efficiency of logistics operations?

Implementing CO₂ emission reduction solutions is becoming a key element of the development strategy for many companies. More and more...
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Green methanol bunkering a positive step

Green methanol bunkering a positive step

Hong Kong holds a significant position in the international shipping industry while this thriving sector also contributes to substantial greenhouse...
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US sanctions force vessels with Russian oil to divert from India, sources say

US sanctions force vessels with Russian oil to divert from India, sources say

At least two vessels loaded with Russian oil bound for refiners in India have diverted to other destinations following new...
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Escalating sanctions on Russian and Iranian oil: Implications for the tanker market

Escalating sanctions on Russian and Iranian oil: Implications for the tanker market

The recent tightening of sanctions enforcement on Iranian and Russian oil by the US and EU may lead to notable...
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Dry Bulk Market: Capesizes Endure Hard Week of Downside

Dry Bulk Market: Capesizes Endure Hard Week of Downside

Capesize The gains in the Capesize time charter average from last week were reversed, with the 5TC closing at $27,331...
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How To Maximise The Earning Potential Of Your Aging Bulker Fleet

How To Maximise The Earning Potential Of Your Aging Bulker Fleet

The global bulk carrier fleet is aging. With a 12% annual increase in carriers aged 21 years or older and...
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Pan Ocean’s Q2 Operating Profit at 123 Billion Won, Down 9% Year-on-Year

Pan Ocean’s Q2 Operating Profit at 123 Billion Won, Down 9% Year-on-Year

Pan Ocean announced on July 31 that its sales for the first half of this year increased by 21.6% year-on-year...
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GTT completes the acquisition of Danelec and strengthens its leadership in maritime digitalization

GTT completes the acquisition of Danelec and strengthens its leadership in maritime digitalization

GTT, a technology and engineering group specialising in containment systems for liquefied gases, today announced the completion of its acquisition...
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Panama communities challenge canal expansion project in Supreme Court

Panama communities challenge canal expansion project in Supreme Court

Communities in Panama that would have to relocate under the Panama Canal’s plan to build a $1.6 billion reservoir filed...
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Russian LNG exports fell 4.5% year-on-year in January-July, data shows

Russian LNG exports fell 4.5% year-on-year in January-July, data shows

Russia’s exports of liquefied natural gas in January-July this year declined by 4.5% from a year earlier to 17.1 million...
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Eco Marine Power Launches Evaluation of Advanced Solar Power System and Solar Module Technologies Onboard Ship

Eco Marine Power Launches Evaluation of Advanced Solar Power System and Solar Module Technologies Onboard Ship

Eco Marine Power Co., Ltd. (Eco Marine Power) announced today that it has commenced evaluation trials of its updated solar...
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VLSFO softens further, hi-5 spread narrows

VLSFO softens further, hi-5 spread narrows

Asia’s very low sulphur fuel oil (VLSFO) market continued to weaken on Friday, while the hi-5 spread narrowed from the...
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Columbia Group calls for overhaul of maritime training to safeguard shipping’s future

Columbia Group calls for overhaul of maritime training to safeguard shipping’s future

Columbia Group is calling for urgent reforms in maritime education to address a growing shortage of qualified seafarers and to...
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Greek Shipping Remains the Global Leader with 5,700 Vessels

Greek Shipping Remains the Global Leader with 5,700 Vessels

The Union of Greek Shipowners published today its 2024-2025 Annual Report, which presents detailed statistics and insights into the main...
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Baltic Index Records Worst Week In More Than A Month

Baltic Index Records Worst Week In More Than A Month

The Baltic Exchange’s main sea freight index, which measures rates for ships carrying dry bulk commodities, edged higher on Friday...
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Indian state refiners pause Russian oil purchases, sources say

Indian state refiners pause Russian oil purchases, sources say

Indian state refiners have stopped buying Russian oil in the past week as discounts narrowed this month and U.S. President...
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