News Flash
India boosts buying of Russia’s ESPO oil in April as Chinese demand eases
India increased purchases of ESPO Blend oil from Russia in April to the highest level since August 2024 amid weaker...
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Prospect of Binding Global Rules on Biofouling Management
IMO approves new recommendations for underwater management of biofouling on ship hulls and takes important steps towards binding international regulations....
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Vitol launches new FuelEU compliant co-processed VLSFO offering for marine customers
Vitol Bunkers is to offer customers FuelEU compliant co-processed bunkering fuel. The fuel is being produced by Vitol’s refinery in...
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Asia Fuel Oil Markets stable in thin trading momentum
Fuel oil markets were largely stable in Asia on Monday against a backdrop of thin trading momentum, while spot tender...
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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 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
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
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
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
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
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, 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
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
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
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
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
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
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
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
Spot premiums for fuel oil dipped in Asia on Friday, with high supply inventories and tepid demand limiting market recovery....
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Recent News
Congress passes sanctions, tariff bill targeting buyers of Russian energy.
Iran, Oman close to agreement on shipping corridor in Strait of Hormuz.
Baltic Dry Index Up for 2nd Day.
International Chamber of Shipping addresses UN Security Council on maritime security and freedom of navigation.
The Week in Alt Fuels: From promises to timelines.