News Flash

New S&P Global Report: Liner Shipping Supports $1.1 Trillion in U.S. GDP and 6.4 Million American Jobs

New S&P Global Report: Liner Shipping Supports $1.1 Trillion in U.S. GDP and 6.4 Million American Jobs

New analysis from S&P Global, released Monday by the World Shipping Council, highlights the critical role of the liner shipping...
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Greek shippers return to Russian oil market as prices slip below G7 cap, sources say

Greek shippers return to Russian oil market as prices slip below G7 cap, sources say

Greek shipowners are returning to Russia’s Urals oil market as the price slides below the Western price cap of $60...
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New bunker regulations in the Mediterranean Sea disrupt traditional VLSFO usage

New bunker regulations in the Mediterranean Sea disrupt traditional VLSFO usage

From May, the Mediterranean Sea is becoming the fifth Emission Control Area (ECA) globally, following the Baltic, North Sea, North...
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Baltic index rises to three-week high as larger vessel rates firm

Baltic index rises to three-week high as larger vessel rates firm

The Baltic Exchange’s dry bulk sea freight index rose to scale an over-three-week high on Monday due to an increase...
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India’s Prime Minister calls on steel industry to seek alternatives to imported coking coal

India’s Prime Minister calls on steel industry to seek alternatives to imported coking coal

Indian Prime Minister Narendra Modi urged the domestic steel industry to find alternatives for the key steel making raw material...
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Asian spot LNG prices hold at 1-year low as demand remains tepid

Asian spot LNG prices hold at 1-year low as demand remains tepid

Prices of Asian spot liquefied natural gas (LNG) inched up this week amid production outages in Asia and Europe, but...
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Black Sea may hold back world wheat supplies into 2026

Black Sea may hold back world wheat supplies into 2026

The global wheat market narrative has recently shifted, though it’s easy to have missed it. Exportable world wheat supplies in...
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Kpler completes acquisition of Spire Maritime, strengthening maritime intelligence capabilities

Kpler completes acquisition of Spire Maritime, strengthening maritime intelligence capabilities

Kpler, a provider of intelligence tools for trade, is pleased to announce the successful closing of its acquisition of Spire...
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EU to present roadmap in May to phase out all imports of Russian fossil fuels

EU to present roadmap in May to phase out all imports of Russian fossil fuels

The European Commission will in the next two weeks present a roadmap on how it intends to phase out all...
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Xeneta Weekly Ocean Container Shipping Market: Global Trade Patterns Changes Are Impacting Ocean Freight Rates

Xeneta Weekly Ocean Container Shipping Market: Global Trade Patterns Changes Are Impacting Ocean Freight Rates

Data highlight 1: China and Vietnam comparison Average spot rates into US West Coast on 16 March 2025 From China:...
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Trump says US ships should be allowed to travel through the Panama and Suez canals for free

Trump says US ships should be allowed to travel through the Panama and Suez canals for free

U.S. President Donald Trump said on Saturday that American military and commercial ships should be allowed to travel through the...
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EU, IMO alignment of bunker emission rules in focus amid worries over double charges

EU, IMO alignment of bunker emission rules in focus amid worries over double charges

While the EU has long taken pride in leading the regulatory drive to reduce maritime greenhouse gas emissions, industry participants...
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Indian Iron Ore Exports Face Downward Pressure

Indian Iron Ore Exports Face Downward Pressure

Through our dry bulk flow tool, we have identified changing trends in iron ore flows from Indian ports. Growing domestic...
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Tanker Fleet Repositioning on the Cards After USTR Proposal

Tanker Fleet Repositioning on the Cards After USTR Proposal

The USTR proposal with introduces charges against Chinese owned, built or operated vessels, is expected to lead to an extensive...
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Global container shipping volume to fall 1% on Trump trade policies, Drewry says

Global container shipping volume to fall 1% on Trump trade policies, Drewry says

Maritime consultancy Drewry said on Thursday that it expects global container port volume to fall 1% as a direct result...
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Asia Fuel Oil: Spot premiums retreat; high inventories cap gains

Asia Fuel Oil: Spot premiums retreat; high inventories cap gains

Spot premiums for fuel oil dipped in Asia on Friday, with high supply inventories and tepid demand limiting market recovery....
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Tanker – Weekly Market Monitor: Iran’s Resilient Oil Exports and Emerging Pressures in 2025

Tanker – Weekly Market Monitor: Iran’s Resilient Oil Exports and Emerging Pressures in 2025

Despite persistent international sanctions, Iran managed to sustain significant crude oil exports between January 2023 and March 2025, totaling approximately...
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Tanker Market Softened Last Month

Tanker Market Softened Last Month

The tanker market softened during the course of the past month, OPEC said in its latest monthly report. Developments in...
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New guidance on fire response onboard vehicle carriers

New guidance on fire response onboard vehicle carriers

The guideline’s sole aim is to assist vessel operators and crews to be better prepared to meet the challenges presented...
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China waives tariffs on some U.S. goods, but denies Trump’s claim that talks are underway

China waives tariffs on some U.S. goods, but denies Trump’s claim that talks are underway

China exempted some U.S. imports from its steep tariffs in a sign on Friday that the trade war between the...
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