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Greece approves military participation in EU Red Sea mission
The Greek government on Monday approved the country’s participation in a European Union naval mission in the Red Sea to...
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Improved Panama Canal flows support US LPG over LNG
US LPG exports via the Panama Canal rose slightly in January, according to the US Energy Information Administration, but there...
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Baltic Index Climbs Multiweek Highs On Firm Capesize, Supramax Rates
The Baltic Exchange’s dry bulk sea freight index edged up to a seven-week high on Monday, buoyed by climbing rates...
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Hydroniq Coolers awarded a frame agreement for MR tanker equipment
Marine and offshore pumping system supplier Framo has awarded Hydroniq Coolers a frame agreement to deliver tube coolers for use...
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Aluminium rises from one-month low on Shanghai stocks jump
Aluminium prices hit a one-month low on Monday after inventories in Shanghai jumped and the United States did not impose...
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First LNG vessel arrives at new German Mukran terminal
The first vessel carrying liquefied natural gas (LNG) for Germany’s Baltic Sea terminal of Mukran arrived on Saturday for a...
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Houthi attack on Red Sea ship causes massive oil slick
The Yemen-based Houthi attack last week on a UK-owned ship in the Red Sea caused a 29-kilometer (18-mile) oil spill,...
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Clean Arctic Alliance: Progress Made, But IMO Fails to Act on Black Carbon Emissions, Despite Credible and Direct Pathway
As a meeting of the International Maritime Organization’s (IMO) Sub-Committee on Pollution Prevention and Response (PPR 11) closed today in...
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Suez Canal shipping volumes drop 55% in a week as Red Sea crisis continues
Shipping volumes through the Suez Canal more than halved last week, while volumes on the alternative route around the Cape...
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ECB minutes mark the next step on a very long road to rate cuts
The European Central Bank is not really known as a central bank that makes swift shifts in its policy decisions....
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After hitting new highs in 2023, US lower 48 oil production growth will begin to slow considerably in 2024 and beyond
US Lower 48 oil production growth exceeded expectations in 2023, adding 900,000 barrels per day (b/d) despite inflationary pressures, private...
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China denies it is ‘remotely controlling’ port cranes to collect shipping data
Urging against the “weaponization” of economic and trade issues, China on Friday denied claims that it was “remotely controlling port...
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GPA’s January rail cargo jumps 27 percent
Cargo moved by rail at the Port of Savannah reached 47,132 containers in January, an increase of 10,000 boxes, or...
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Stronger West Asia, India spot interest pulling WAF, US LNG cargoes
Weak spot LNG prices globally have sparked spot buying interest in India and the Middle East, attracting selling interest from...
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Xeneta calls upon former Amazon and MSC logistics technology experts to join the ocean and air freight data revolution
How do you harness the power of data and technology to transform the way ocean and air freight is bought...
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The first Norsepower Rotor Sail™ funded by German Government to be fitted on Baltrader’s new cement carrier
Baltrader Capital GmbH & Co. KG, Hamburg, and Norsepower, the leading global provider of auxiliary wind propulsion systems, have signed...
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Vitol Bunkers takes delivery of first biofuel barge in Singapore
Vitol Bunkers said Feb. 22 it has taken delivery of its first biofuel bunker barge, the Marine Future, at the...
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Asia Distillates-Gasoil margin steady, Singapore stocks fall
Asia’s 10-ppm sulphur gasoil margin cash premium was little changed on Thursday amid absence of deals at the spot window,...
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Dalian iron ore falls for fourth day on China demand concerns
Dalian iron ore futures fell for a fourth consecutive session on Thursday amid concerns over steel demand in top consumer...
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Teekay Corporation Reports Strong Fourth Quarter Results, As 2023 Was the Best of the Past 15 Years
Teekay Corporation reported results for the three and twelve months ended December 31, 2023. These results include the Company’s publicly-listed...
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