News Flash
S.Africa’s Richards Bay exports up 10% in 2024 amid rail improvement
Coal exports from South Africa’s Richards Bay Coal Terminal (RBCT) rose 10% to 52.08 million metric tons in 2024, the...
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PPR 12: Shipping Nations Must Switch to Cleaner Fuels To Cut Black Carbon Pollution
As a meeting of the International Maritime Organization’s (IMO) Pollution Prevention and Response sub-committee (PPR 12, 27-31 January) gets underway...
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Propulsion Power Limitation – EEXI Document Requirements
Many ships are now equipped with power limitation solutions to comply with EEXI regulations. Clear, up-to-date documentation of the applied...
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India expands Russian insurers’ pool after US sanctions
India has allowed Russian insurer Soglasie Insurance Company to provide marine cover to tankers entering Indian ports, according to Indian...
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India’s crude intake changes towards Middle East barrels while refined product exports pivot to East of Suez
India’s crude imports and subsequent refined product exports remained strong as 2024 ended and that momentum has continued going into...
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WinGD records successful early running on X-DF-A ammonia-fuelled engine
Swiss marine power company WinGD has seen key parameters in line with expectations during early testing of its new X-DF-A...
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Major Chinese port hit by congestion ahead of holiday, Trump tariff threat
Exporters this week jostled to load and ship cargo from Shenzhen’s Yantian Port, one of the world’s largest container ports,...
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DNV, HD Hyundai Mipo and KSOE sign MoU on new standards for using digital twins to test electric propulsion systems
DNV has signed a Memorandum of Understanding (MoU) with HD Hyundai Mipo (HMD) and HD Korea Shipbuilding & Offshore Engineering...
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VLSFO softens; market eyes tepid bunker demand
Asia’s very low sulphur fuel oil (VLSFO) market weakened on Friday, while trade sources eyed lukewarm bunker demand this week....
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Drewry: World Container Index Down 11% Last Week
Drewry’s World Container Index decreased 11% to $3,445 per 40ft container this week. Our detailed assessment for Thursday, 23 January...
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India says sanctioned Russian oil tankers can discharge before Feb 27
The United States has clarified to India that tankers loaded with Russian oil have to discharge by Feb. 27 under...
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Major oil tanker operators await insurers’ nod to resume Red Sea transit
Sources from at least two major oil tanker companies said Jan. 24 that their fleets have yet to resume transits...
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Russian oil freight rates soar on sanctions-driven tanker shortage
Freight rates for Russian ESPO Blend oil loading from the Far Eastern port of Kozmino have jumped fivefold amid a...
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Tighter supply drives Asia’s HSFO cracks to 17-month high; strong bunker demand boosts market
Asia’s high sulfur fuel oil refining margins have surged to a 17-month high, driven by limited prompt availability and expectations...
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Baltic index logs third weekly loss on weaker rates across vessel segments
The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, fell on Friday...
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Danelec and Thetius Prepare to Launch Groundbreaking Report on the Application of High-Frequency Data for Safer, Greener Shipping
Danelec, a leader in maritime digitalization and performance optimization, has collaborated with maritime technology intelligence firm Thetius to publish a...
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HD Korea Shipbuilding To Build 12 LNG Dual-Fuel Container Ships
HD Korea Shipbuilding & Offshore Engineering, the intermediate holding company of HD Hyundai specialized in shipbuilding, signed its first order...
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Soft skills training can lead to solid commercial benefits says The Nautical Institute
The maritime industry is experiencing a pivotal shift, with the rising recognition that soft skills are just as critical as...
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Asia Fuel Oil: Premiums rangebound; inventories at four-week high
Spot fuel oil premiums were little changed on Thursday, while onshore inventories at Singapore edged up to a four-week high....
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World Shipping Council: EU must take customs reform opportunity
Ahead of World Customs Day 2025, the shipping, logistics, and trade industry has issued a joint statement calling for customs...
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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.