News Flash
Structural shifts or price moves? China’s bifurcated commodity imports
China’s imports of major commodities in 2024 presented a mixed bag, with record volumes of iron ore, coal and ,...
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HSFO premiums strengthen after bids edge higher
Spot premiums for high sulphur fuel oil (HSFO) extended gains on Tuesday after firmer bids emerged for parcels loading in...
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Oil shipping rates surge after US sanctions hit availability
Supertanker freight rates jumped after the U.S. expanded sanctions on Russia’s oil industry, sending traders rushing to book vessels to...
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InterManager urges shipping industry to share knowledge as it collates cases of seafarer criminalisation
InterManager, the international trade association for the ship management sector, is calling on shipping industry colleagues to contribute to a...
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Baltic index snaps three-session winning streak as rates across segments dip
The Baltic Exchange’s dry bulk sea freight index, tracking rates for ships carrying dry bulk commodities, snapped a three-session gaining...
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Iron ore hits more than one-week high on revived hopes of China stimulus
Iron ore futures rallied to their highest in more than a week on Monday, as revived hopes of more stimulus...
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Bulgarian Shipowners Association joins ECSA membership
ECSA is proud to welcome the Bulgarian Shipowners Association as a full member as of 1 January 2025. The Bulgarian...
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China’s crude oil imports fall in 2024, first time in two decades outside of COVID
China’s crude oil imports fell 1.9% in 2024, data showed on Monday, the first annual decline in two decades outside...
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US probe finds China unfairly dominates shipbuilding, paving way for penalties, sources say
U.S. President Joe Biden’s administration has concluded that China uses unfair policies and practices to dominate the global maritime, logistics...
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Asia Fuel Oil: Benchmarks log gains while market eyes latest sanctions
Asia fuel oil benchmarks posted gains on Monday as sentiment turned cautious, with the market eyeing the impact of the...
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Israeli billionaire Idam Ofer backs UK-listed fueltech SulNOx
Israeli billionaire philanthropist Idan Ofer has emerged as the latest big name backer of UK listed green fueltech business Sulnox,...
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INTERCARGO Quality Panel Expansion Enhances Sector Collaboration to Drive Maritime Excellence
The International Association of Dry Cargo Shipowners (INTERCARGO) announced today a strategic development in meeting the needs of its ever-growing...
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China 2024 iron ore imports hit record on resilient demand, steel exports
China’s iron ore imports in 2024 rose for a second year to a record high, up 4.9% from the prior...
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Atlantic Supramax market exhibits mixed trends despite strong fundamentals
The Atlantic Supramax dry bulk market saw volatility persist with overall positive cargo demand signs while remaining positional during the...
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Baltic Index Sails To Over One-Month High On Strong Capesize Demand
The Baltic Exchange’s main sea freight index, which tracks rates for ships ferrying dry bulk commodities, hit more than a...
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Global trade contraction accelerates at the end of 2024 amid falling goods export orders
The worldwide Purchasing Managers’ Index (PMI) surveys compiled by S&P Global Market Intelligence indicated that the contraction of global trade...
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LME scrap, rebar volumes rise on week as market activity resumes
Volumes traded for both scrap and rebar futures on the London Metal Exchange saw an uptick week over week as...
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Potential Impacts of the Trump Administration on Marine Terminal Operators
As we move into 2025 and the Trump Administration prepares to take control of the government, marine terminal operators are...
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China’s role highlighted in green transition of shipping
The global shipping industry still faces significant challenges in decarbonization, where China can play a critical role, said industry experts...
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South Korean shipbuilders set sights on high-value contracts in 2025
South Korea’s shipbuilders, bolstered by extensive orderbooks, are set to prioritize high-value-added contracts in 2025 to improve profitability, with optimism...
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