News Flash

Platts proposes to change CIF Mediterranean Marine Fuel 0.5% Cargo basis port to Algeciras, Jan 2

Platts proposes to change CIF Mediterranean Marine Fuel 0.5% Cargo basis port to Algeciras, Jan 2

Platts, part of S&P Global Commodity Insights, proposes to change the basis port of the CIF Mediterranean Marine Fuel 0.5%...
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US resumes imports of Venezuelan oil under new license to Chevron

Two tankers chartered by Chevron carrying Venezuelan crude reached U.S. waters on Thursday, marking the first U.S. imports of the...
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Tendering in times of volatility – how can ocean container shippers achieve financial savings and supply chain resilience?

If you are a business preparing a budget ahead of tendering for your next long term ocean container shipping contract,...
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Asia-USWC container rates nearing pre-Red Sea diversion levels

Asia-USWC container rates nearing pre-Red Sea diversion levels

Rates for shipping containers from east Asia and China to the US continued to fall this week, with rates to...
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85% private participation in key ports by 2030: Sarbananda Sonowal

The government has identified 50 public-private partnerships (PPP) projects worth over ₹60,000 crore, significantly surpassing the original targets of the...
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New EU trade regime imposes stricter conditions, restricting Ukraine’s agricultural exports

The EU and Ukraine are working to finalize a long-term, predictable, and reciprocal trade regime under Article 29 of the...
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Sempra and ConocoPhillips Extend Partnership with Offtake Agreement for Port Arthur LNG Phase 2

Sempra and ConocoPhillips Extend Partnership with Offtake Agreement for Port Arthur LNG Phase 2

Sempra (NYSE: SRE) today announced that its subsidiary, Sempra Infrastructure, and ConocoPhillips (NYSE: COP) have signed a definitive 20-year sale...
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US seeks shipbuilding expertise from South Korea and Japan to counter China

US seeks shipbuilding expertise from South Korea and Japan to counter China

American lawmakers are using a trip to South Korea and Japan to explore how the United States can tap those...
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Contecon Manzanillo expands global connectivity with WAN HAI service

Contecon Manzanillo expands global connectivity with WAN HAI service

Contecon Manzanillo, International Container Terminal Services, Inc.’s (ICTSI) operation in the Port of Manzanillo, Mexico, is enhancing its logistics offering...
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States can help US industry compete globally via decarbonized processes: experts

US state governments can use regulations, incentives and technical support to facilitate decarbonization of their industrial sectors to help them...
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US issues sanctions on networks, vessels for dealing in Iran oil

The Trump administration issued more Iran-related sanctions, targeting 13 entities based in Hong Kong, China, the United Arab Emirates and...
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Innovation at sea: presentation of the autonomous vessel ‘Mahificent’

Innovation at sea: presentation of the autonomous vessel ‘Mahificent’

At Port of Antwerp-Bruges, we continually seek innovative ways to operate more efficiently and sustainably. In this context, Port Authority...
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Amendments to the Maritime Labour Convention – Adopted to Strengthen Seafarer Welfare and Protections

At the 113th Session of the International Labour Conference (2–13 June 2025), the International Labour Organization (ILO) adopted the fifth...
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All hands-on deck: the challenge of decarbonising international shipping by 2050

With global maritime trade set to grow by around 50% by mid-century, we have analysed the outlook for global marine...
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European ethanol industry faces potential aflatoxin-hit crops

European ethanol industry faces potential aflatoxin-hit crops

Ethanol market participants in Eastern and Central Europe raised concerns that the new corn crop may be contaminated with aflatoxin,...
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Safeguarding whales: BIMCO launches global ship strike mitigation resource

Safeguarding whales: BIMCO launches global ship strike mitigation resource

Ship strikes are a major threat to whale conservation. BIMCO’s new global ship strike mitigation resource helps the industry reduce...
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Japan’s US crude imports surge 19-fold as diversification push gains pace

Japan’s crude oil imports from the US surged more than 19-fold in July as the country’s refiners accelerate efforts to...
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The impact of container shipping costs on import and consumer prices

The impact of container shipping costs on import and consumer prices

Abstract Container shipping prices have experienced remarkable volatility, having risen substantially following Red Sea shipping disruptions, fallen with rising global...
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Deutsche Bank chief faces scrutiny about role in risky trades over a decade ago

In 2013, Deutsche Bank handed Christian Sewing, a rising star, the sensitive assignment of investigating derivatives trades under scrutiny in...
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MOL, TradeWaltz and Suzuki Sign MOU for Cooperation on the Collaboration in Automobile Trade between India and Africa – MOU announced at the TICAD 9

Mitsui O.S.K. Lines, Ltd. (Headquarters: Minato-ku, Tokyo; Representative Director, President & CEO: Takeshi Hashimoto; hereinafter “MOL”), TradeWaltz Inc. (Headquarters: Minato-ku,...
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