News Flash
Ammonia attracts the shipping industry, but researchers warn of its risks
Switching to ammonia as a marine fuel, with the goal of decarbonisation, can instead create entirely new problems. This is...
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Asia Fuel Oil-VLSFO cargo premiums hold, bunker premiums extend climb
Asia cash premiums for very low sulphur fuel oil (VLSFO) cargo held stable as of Monday, while bunker premiums continued...
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Baltic index hits one-week high on capesize strength
The Baltic Exchange’s dry bulk sea freight index rose to a one-week high on Monday, as gains in the capesize...
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Biden’s pause on US LNG export approvals: four questions answered
On January 26th, after weeks of speculation and mounting concerted pressure from environmental activists and others, US President Joe Biden...
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European LNG bunker fuel prices competitive despite winter
LNG bunker fuel in Rotterdam has been more competitive in comparison with other shipping fuels this winter, trading at discounts...
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CMA CGM halts Red Sea transit on security risks
Shipping group CMA CGM on Friday suspended until further notice all crossings by its vessels of the Bab al-Mandab Strait...
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European Businesses Prioritising Supply Chain Innovation And Resilience Amid Geopolitical Uncertainty
New research from Economist Impact and DP World reveals that European businesses are deploying innovation and technology in supply chains...
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Venezuela’s January oil exports fell 25% amid outages at terminal
Venezuela’s exports of crude and refined products fell by 25% in January to some 624,000 barrels per day (bpd) as...
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Port of Newcastle: Fluctuating Trade Challenges A Feature For 2023
Figures released today reveal a shift in weather and demand has had a significant impact on Port of Newcastle’s diversified...
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Double pay and going dark: How shipping companies are navigating Red Sea attacks
Concern is growing for the lives of sailors, as the campaign of attacks on shipping in the Red Sea by...
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New e-fuels project to make international shipping climate neutral
Transport and trade on the ocean blue must be made much greener. This is the goal of the new €17...
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Russian LPG exports to China by rail rose 35% in 2023
Russia raised exports of liquefied petroleum gas (LPG) to China via railways by 35% to 202,000 metric tons last year,...
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US LNG export pause leaves EU, industry at odds over energy security
Europe will have enough gas supply for the next 10 years and thereafter despite a move by the U.S. administration...
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OPEC+ to review oil cut extension in March, ministers leave policy unchanged
OPEC+ will decide in March whether or not to extend voluntary oil production cuts in place for the first quarter,...
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Iron ore mixed as investors reassess China demand outlook
Dalian iron ore futures dipped further on Thursday while prices in Singapore rebounded, as investors reassessed demand prospects in top...
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Russian oil product exports via Tuapse to fall sharply in Feb -traders
Russian oil product exports from the Black Sea port of Tuapse are set to fall by 59.1% in February to...
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CMA CGM to enhance its SAFRAN service connecting North Europe with South America East Coast
CMA CGM is pleased to announce its customers an improved coverage of North European ports with its SAFRAN service linking...
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TECO 2030 and Umoe Mandal submits fuel cell high-speed vessel design for approval in principle
TECO 2030 and Umoe Mandal has just delivered the documentation package to the Norwegian Maritime Authority for an approval in...
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Shippers hail transformational potential of new Maersk/Hapag-Lloyd ‘Gemini’ partnership promising 90% service reliability
The container shipping schedule reliability targets promised by Gemini Cooperation, the new Maersk and Hapag-Lloyd partnership which will start operating...
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Vitol collaborates with ZeroNorth to digitalise Asian bunker deliveries
Vitol Bunkers and its logistics arm, V-bunkers are collaborating with ZeroNorth to enhance the efficiency of the bunkering process in...
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