News Flash
Dry Weekly Market Monitor: Capesize South Atlantic Ballasters Vs Baltic Rates
Recent observations indicate that imported iron ore stocks at China’s major ports have seen a slight decrease, dropping by 529,900...
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BIMCO: Tanker Shipping’s Outlook Obscured By Geopolitical Uncertainties
Supply/demand balance In our base scenario, we forecast a slight tightening of the crude tanker market in 2025 followed by...
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Dry Bulk Market: Capesizes in Strong Momentum
The Capesize market saw a strong upward trajectory throughout the week, with the BCI 5TC surging from $8,620 on Monday...
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Labor suggestions slammed based on them being for robots rather than humans.
Recently, a 90-hour workweek was suggested for Indian workers, which is now being slammed by a few influential people, one...
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DOE announces order to remove barriers for LNG as marine fuel
The Department of Energy (DOE) has issued an order to remove barriers for the use of liquefied natural gas (LNG)...
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MOL enters e-NG Coalition to advance E-methane use
Mitsui O.S.K. Lines, Ltd. (MOL), led by President & CEO Takeshi Hashimoto joined the e-NG Coalition on March 1, 2025,...
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Op-Ed: China is on Track for a Major Recession
The risk of China spiralling into an unprecedentedly prolonged recession is increasing. Its economy is experiencing deflation, with the price...
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Trump Confirms 25 Percent Tariff on Goods From Mexico and Canada
The President Donald Trump confirmed that he will impose steep tariffs on imports from Mexico and Canada, effective Tuesday. The...
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RGIA records 22% growth in cargo shipments in 2024
The Rajiv Gandhi International Airport (RGIA) recorded a 22% growth in cargo transportation, with the airport’s cargo complex handling 1,80,914...
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Hapag-Lloyd in pact with Gnosis, PayCargo for efficient cargo operations
Logistics payment platform PayCargo and Gnosis Freight, announced an integration and partnership with Hapag-Lloyd to launch the new container payment...
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Paradip Port Authority sets cargo handling record
Paradip Port Authority (PPA) has etched a remarkable milestone in its operational history by achieving an unprecedented cargo handling volume...
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Chennai Port handles 1.66 million TEU of cargo
Chennai Port has set a new benchmark by handling an all-time high of 1.66 million TEUs (Twenty-foot Equivalent Units) as of...
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Vizhinjam port tops in cargo handling in south and eastern India: Kerala CM
In terms of cargo handled, the Vizhinjam International Port topped among the 15 harbours spread across India’s southern and eastern...
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CMA CGM shipping adds new routes to connect Saudi Arabian ports to India
Saudi Ports Authority (Mawani) has announced the addition of two new shipping services, India Red Sea Express (BIGEX3) and India...
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Maersk names its 11th dual-fuel Methanol vessel ‘Albert Maersk’ in Mumbai
A.P. Moller – Maersk (Maersk) celebrated the name-giving of its newest dual-fuel methanol container vessel in Mumbai today as a...
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Fed seen restarting rate cuts in June as still-elevated inflation slows
The Federal Reserve could restart cuts to short-term borrowing rates in June and follow up with another reduction in September,...
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Asian LNG spot prices at 10-week low amid comfortable storage
Asian spot liquefied natural gas (LNG) prices fell further this week to its lowest level in 10 weeks, tracking Europe’s...
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Russian, Iranian oil supply to China rebounds as new vessels cash in on the trade
China’s imports of Russian Far East crude and Iranian oil are set to rebound in March as non-sanctioned tankers, drawn...
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Petrobras to commission four more ships, upping orders to 48 by 2026
Brazilian state-run oil firm Petrobras will commission four more support vessels by 2026, Chief Executive Magda Chambriard told Reuters, increasing...
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What is liquefied natural gas, and why is it so important?
Key takeaways • Liquefied natural gas (LNG) is natural gas that has been cooled to a liquid state, which reduces...
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