News Flash
Wind-assisted propulsion: Charterparty considerations
While the industry continues its search for fuels that have less GHG emissions, the age-old method of utilising wind to...
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Tanker: VLCCs Losing More Ground
Clean LR2 Tonnage has remained plentiful for MEG LR2’s this week. As a result, we have seen TC1 75kt MEG/Japan...
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The State of Maritime Supply-Chain Threats
Maritime supply chains remain the backbone of the global economy. Eighty percent of global trade by volume, and over seventy...
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HT PEM fuel cell veteran joins Blue World Technologies
With the announcement of Morten Hougaard Sørensen entering the Chief Business Development Officer role at Blue World Technologies, the company...
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Tanker Trade: The Impact of Canada’s Trans Mountain Pipeline
The expansion of Canada’s Trans Mountain Pipeline (TMX) is set to reshape the North American oil landscape, which of course...
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Asia Distillates-Dec spot liquidity rises; demand worries prevalent
Asia’s middle distillates markets saw more December discussions during the week, though cautiousness on demand remained prevalent and prices trended...
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Higher quotations across a range of commodities push the FAO Food Price Index to its highest level in 18 months
The FAO Food Price Index (FFPI) averaged 127.4 points in October 2024, up 2 percent from its revised September level...
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Iron ore falls ahead of China unveiling fresh fiscal stimulus
Iron ore futures slid on Friday, as investors adopted a cautious stance amid continuously falling demand and ahead of topconsumer...
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HD Korea Shipbuilding & Offshore Engineering Announces New Contract for 4 LNG Bunkering Vessels
HD Korea Shipbuilding & Offshore Engineering, the intermediate holding company of HD Hyundai specialized in shipbuilding, announced on November 8...
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E2open Ocean Shipping Index Cites Ongoing Conflict, Extreme Weather and Threat of Labor Strikes as Key Drivers of Port Congestion and Longer Transit Times
E2open Parent Holdings, Inc. (NYSE: ETWO), the connected supply chain SaaS platform with the largest multi-enterprise network, has published the...
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Asia Fuel Oil-Spot 380-cst premiums slip for first in 5 weeks; Hi-5 narrows
Asia’s 380-cst high sulphur fuel oil (HSFO) cash premiums slipped for the first time in five weeks, tracking the persistently...
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ETF Urges Stricter Regulations and Accountability for Shadow Fleet Operations
The European Transport Workers’ Federation (ETF) is calling for urgent action to combat the rise of so-called “shadow fleets,” which...
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Baltic index posts gains as capesize rates rise
The Baltic Exchange’s dry bulk sea freight index rose on Friday, buoyed by gains across the capesize vessel segment. The...
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Vitol CEO sees $70-$80/bbl oil prices in 2025, flags supply uncertainty
Global oil prices are expected to stay in the $70 to $80 per barrel range in 2025, similar to 2024,...
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Trump and Republican victories spark commodity decline amid tariff and growth concerns
Global financial markets have reacted, in some cases aggressively, as the US election results increasingly indicate a strong victory for...
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Iron ore rebounds as Trump win re-ignites China stimulus hopes
Iron ore futures recovered on Thursday, as Donald Trump winning the U.S. presidential election heightened hopes that top consumer China...
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U.S.-Korea Shipbuilding Collaboration Prompts Stock Rally
Korean shipbuilding stocks experienced a significant surge on Nov. 7 following remarks by U.S. President-elect Donald Trump. During a 12-minute...
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ExxonMobil successfully supplies Hapag-Lloyd with B25[1] bio marine fuel blend in Antwerp
Hapag-Lloyd’s vessel Colorado Express has successfully bunkered a B25 bio marine fuel blend comprised of ExxonMobil’s Premium HDME 50™ fuel,...
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Gasum selects Wärtsilä for another bioLNG project in Sweden
Wärtsilä Gas Solutions, part of technology group Wärtsilä, will supply Nordic energy company Gasum with biogas upgrading and liquefaction solutions for their...
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Asia Fuel Oil-Spot 380-cst premiums slip to two-week low; SG exports dip
Asia’s cash premiums for 380-cst high sulphur fuel oil (HSFO) slipped to a two-week low, as selling interest gained momentum...
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