News Flash
Fujairah’s Fuel Oil Stocks Slump Amid Higher Exports
Fujairah’s residual fuel oil inventories have averaged 24% lower so far this month compared to July, according to the latest...
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Baltic Dry Index Extends Rally Into 7th Day
The Baltic Exchange’s dry bulk freight index rose 2.5% to 3,186 on Friday, extending its winning streak to seven sessions...
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The Week in Alt Fuels: Bankrolling the switch
Public support for green shipping is spreading across major regions. But governments are taking noticeably different routes to get low-...
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GMS Week 35 – Sanctions Loom, Hulls
The sanctions package hanging over last week’s market has now landed. Washington broadened its economic campaign against Iran this week, extending...
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Briety Shipping Inc v Trafigura Maritime Logistics Pte Ltd
In Briety Shipping Inc v Trafigura Maritime Logistics Pte Ltd EWHC 1714 (Comm), the High Court held that a bespoke...
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IMO: Six months of uncertainty for seafarers in Strait of Hormuz
Thousands of seafarers have been stuck in the Persian Gulf since the current conflict in the Middle East began on...
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Four shipowners co-order vessels in record-breaking VINGA series: “The right time to invest”
Four shipping companies from Sweden, Norway, and Canada see a bright future in the European intermediate tanker market and are...
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Why Navies Need Purpose-Built Tools for Adversarial and Commercial Traffic
Two Missions, Same Waters, Different Questions A frigate operating in the Baltic and a coast guard cutter in the same...
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Europe’s gas stores are running low — and prices could top 100 euros this winter
Europe is struggling to fill its natural gas stores ahead of winter, raising the risk that competition with Asia for...
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India: Coal stocks at power plants fall below 10-day cover, at half the prescribed norm
Coal stocks at India’s domestic-coal-based power plants stood at 28.36 million tonnes (MT) as of August 24, enough for just...
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Hormuz disruption to keep oil prices firm; $100/bbl risk looms: Analysts
Crude oil prices are likely to remain elevated in the near term as disruptions to flows through the Strait of...
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Black Sea gridlock, a building ENl iño and the US-China soybean gamble
Key takeaways • Ukrainian and Russian seaports handle 30% of global wheat exports, and deep-sea loadings at Odesa, Chornomorsk and...
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Houthi threats force Saudi to reroute oil, extend Asia transit and costs
Saudi Arabia, the world’s largest oil exporter, is readjusting its crude shipping routes. As Yemen’s Houthi rebels have recently threatened...
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MSC partially resumes Suez Canal transits
Swiss shipping major MSC has begun partially restoring Suez Canal transits on a limited number of East–West routes, following a...
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Iran warns of military ship ban in Hormuz under potential deal with Oman, and other Middle East news
Iran won’t allow military vessels to transit through the Strait of Hormuz under an agreement that the Islamic Republic is...
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Baltic Dry Index Hits Near 3-Month Peak
The Baltic Exchange’s dry bulk sea freight index rose 2.1% to 3,107 on Thursday, marking a sixth consecutive session of...
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Hormuz transits still limited even as Iran, Oman near deal; carriers eye return to Suez route
Vessel traffic through the Strait of Hormuz remined limited on Wednesday even as Iran and Oman were heard to be...
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Höegh Autoliners orders six additional Aurora class vessels
Höegh Autoliners ASA is pleased to announce that it has decided to order additional six new dual-fuel LNG and zero-carbon-ready...
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Grain exports stall as Ukraine steps up attacks on Russia
When Russian President Vladimir Putin spoke in 2014 about Russia’s motives for annexing the Ukrainian peninsula of Crimea, and thus...
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Saudi Aramco offers more oil outside Strait of Hormuz – report
Saudi Aramco has increased oil offerings for September loading outside the Strait of Hormuz, according to a Reuters report early...
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Recent News
Bridge closure, strong import volumes cause delays for containers at port of LA/LB
San Pedro Bay Ports Outline Path for Cleaner Marine Fuels: Methanol Bunker Demand Expected to Reach Up to 250,000 Tons By 2030
Fujairah fuel oil inventories down 9% in October so far
StormGeo acquires Portchain to advance Just-in-Time voyage optimization at scale
Singapore LSFO arbitrage arrivals from Europe seen lower in Nov amid high freight