News Flash
Prioritising maritime data for a decarbonised future
A recent survey by Houlder shed light on a crucial issue: the scarcity of relevant operational data is hampering the...
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Baltic index hits more than two-month high on stronger vessel rates
The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commodities, hit a more than...
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From flats to longs: Europe’s ‘green’ steel conversation expands
When it comes to Europe’s nascent “green” steel sector, conversation for the most part has centered on flat products. After...
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Iron ore hits over 1-year low on soft China demand prospects, firmer supply
Iron ore futures fell on Monday to their lowest in more than a year, as investors weighed prospects of soft...
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Wallenius’ pioneering vessel Future Way christened in Germany
Wallenius Marine’s new vessel Future Way, based on the innovative Sleipner design concept, was christened in Emden, Germany on 23...
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Another LNG vessel berths at Russia’s Arctic LNG 2, data shows
A liquefied natural gas vessel managed by a company in India has berthed at Russia’s Arctic LNG 2 project, following...
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Summer surge: Record diesel flows from USGC to Europe, Latin America
The US Gulf Coast is experiencing record diesel flows to Northwest Europe as favorable freight rates and strong refinery production...
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India’s August Russian oil imports slip 18% from July, tanker data show
India’s monthly oil imports from Russia fell by 18.3% to about 1.7 million barrels per day (bpd) in August from...
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China’s fuel oil imports set to slow on anticipated tax changes
China is planning a tax revamp that would raise costs for imported fuel oil, prompting independent refiners to slow purchases...
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Action on Efficiency and Wind Power Essential For Shipping Sector to Achieve Climate Goal – NGOs
Ahead of this week’s International Maritime Organization’s Intersessional Working Group on Reduction of GHG Emissions from Ships (IMO, IWSG-GHG-17, September...
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The importance of nuance in a volatile ocean container shipping market – shippers need a deeper dive into the data
Making sense of ocean container shipping volatility in 2024 is no easy task, so it may be tempting for industry...
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Baltic index hit over two-month peak on higher rates across vessels
The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commodities, rose to its highest...
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LME scrap volumes increase on week; rebar forward curve in contango structure
Volumes traded for the scrap futures contracts on the London Metal Exchange, which settle basis the Platts assessment, increased on...
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US fuel oil exports surge as Asian and Middle Eastern demand rises
US fuel oil exports have surged by 45% this month as demand grows in Asia and the Middle East, while...
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Decarbonisation needs collaborative ‘kick-start’
In a panel discussion called by the World Economic Forum in Gothenburg, Sweden on Monday, APM Terminals Chief Executive Officer,...
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Procureship partners with SpecTec Group to enhance fleet management capabilities for global shipowners and managers
Procureship has signed an agreement with SpecTec Group to integrate SpecTec’s AMOS Procurement and Logistics software into its award-winning e-procurement...
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FBI agents have boarded vessel managed by Synergy Marine Group whose other cargo ship collapsed Baltimore bridge
Federal agents on Saturday boarded a vessel managed by the same company as a cargo ship that caused the deadly...
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Methane abatement group adds BP, CMA CGM and GTT as global reach grows
Energy giant BP’s maritime arm BP Shipping, shipping company CMA CGM, and LNG containment technology expert GTT have joined the...
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Global consortium pioneers ammonia cargo transfer between ships at Australian port
Japan’s Mitsui O.S.K. Lines, Norway’s Yara and Singapore’s Global Centre for Maritime Decarbonisation said they had jointly completed an ammonia...
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Red Sea insurance costs soar as Houthi shipping threats loom, sources say
The cost of insuring a ship through the Red Sea has more than doubled since the start of September and...
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