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Maersk imposes container surcharge due to diversion from Red Sea

Maersk imposes container surcharge due to diversion from Red Sea

Denmark’s Maersk MAERSKb.CO will impose extra charges on container transport from Asia following its decision to re-route ships away from...
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Logothetis leads new funding for SulNOx

Logothetis leads new funding for SulNOx

Constantine Logothetis has once again led further investment in UK-listed fuel additives group SulNOx, with second largest investor, Nistadgruppen AS...
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Baltic index falls for third week on weaker rates across segments

Baltic index falls for third week on weaker rates across segments

The Baltic Exchange’s dry bulk sea freight index edged up on Friday but declined for the third consecutive week as...
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How could Red Sea attacks affect oil and gas shipping?

How could Red Sea attacks affect oil and gas shipping?

Several shipping companies and a few liquefied (LNG) tankers have decided to avoid the world’s main East-West trade route, following...
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MHSS Seafarer Survey Highlights Connectivity Concerns as Top Priority During Holiday Season

MHSS Seafarer Survey Highlights Connectivity Concerns as Top Priority During Holiday Season

Seafarers’ fears over connectivity issues over the holiday season have been revealed in a recent study carried out by Mental...
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Baltic index falls for third week on weaker rates across segments

Baltic index falls for third week on weaker rates across segments

The Baltic Exchange’s dry bulk sea freight index edged up on Friday but declined for the third consecutive week as...
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Dalian iron ore extends rally on positive state bank developments

Dalian iron ore extends rally on positive state bank developments

Dalian iron ore futures rose for the fourth straight session and recorded their best day in two months on Friday,...
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Maersk imposes container surcharge due to diversion from Red Sea

Maersk imposes container surcharge due to diversion from Red Sea

Denmark’s Maersk MAERSKb.CO will impose extra charges on container transport from Asia following its decision to re-route ships away from...
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ClassNK issues approval in principle (AiP) for MOL’s FSRU

ClassNK issues approval in principle (AiP) for MOL’s FSRU

ClassNK has issued an Approval in Principle (AiP) for an Ammonia FSRU (Ammonia Floating Storage and Regasification Unit) jointly developed...
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Asia LNG prices hit 4-month low despite supply, geopolitical concerns

Asia LNG prices hit 4-month low despite supply, geopolitical concerns

Asian spot liquefied natural gas (LNG) prices hit their lowest level in over four months this week on strong inventories...
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Panama Canal has seen no traffic increase amid attacks in Red Sea

Panama Canal has seen no traffic increase amid attacks in Red Sea

The Panama Canal Authority said on Thursday it has not seen a notable traffic increase due to thesituation in the...
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Asia Fuel Oil-Spot premiums dip; Kuwait sells HSFO from Al Zour

Asia Fuel Oil-Spot premiums dip; Kuwait sells HSFO from Al Zour

Spot fuel oil premiums eased slightly on Friday, while Kuwait’s KPC recently sold high sulphur fuel oil (HSFO) from its...
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US Gulf Coast LNG freight rates sink to multi-month lows

US Gulf Coast LNG freight rates sink to multi-month lows

LNG freight rates out of the US Gulf Coast have fallen to their lowest levels since August as a lack...
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Shipping gears up to meet a 5-10% low carbon fuel target, but will fuels be available?

Shipping gears up to meet a 5-10% low carbon fuel target, but will fuels be available?

The International Maritime Organization’s (IMO) targets for the use of zero or near-zero fuels in 2030 can be met using...
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More ships to avoid the Red Sea as attacks disrupt world trade.

More ships to avoid the Red Sea as attacks disrupt world trade.

Germany’s Hapag-Lloyd and Hong Kong’s OOCL said on Thursday they would avoid the Red Sea, the latest shipping companies to...
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Russia oil price cap coalition toughens shipping rules -US Treasury Dept

Russia oil price cap coalition toughens shipping rules -US Treasury Dept

The U.S.-led coalition imposing a price cap on seaborne Russian oil announced changes on Wednesday to its compliance regime the...
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Baltic index drops for the seventh straight session as capesize rates slip.

Baltic index drops for the seventh straight session as capesize rates slip.

The Baltic Exchange’s dry bulk sea freight index extended declines for a seventh consecutive session on Thursday, pressured by weaker...
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Shipping container price surge to reverse due to overcapacity -logistics platform.

Shipping container price surge to reverse due to overcapacity -logistics platform.

Higher prices for containers used by merchant ships caused by attacks on Red Sea shipping are likely to fall back...
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ENGINE: Europe & Africa Bunker Fuel Availability Outlook

ENGINE: Europe & Africa Bunker Fuel Availability Outlook

Northwest Europe Bunker fuel availability is good in the ARA hub. Lead times of 5-7 days are recommended for HSFO...
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Wilhelmsen and MPC Capital acquire Hamburg-based ship manager Zeaborn

Wilhelmsen and MPC Capital acquire Hamburg-based ship manager Zeaborn

Wilhelmsen Ship Management (“Wilhelmsen”), a provider of third-party ship management services headquartered in Singapore, and Hamburg-based asset manager MPC Capital...
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