News Flash
VLSFO cash differential extends losses
Asia’s very low sulphur fuel oil (VLSFO) differential eased further into a deeper discount on Friday, while the 380-cst high...
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US presses forward on port fees despite China’s warning
The United States is moving forward with a plan to collect port fees, putting the onus on ocean carriers to...
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Tanker discharges Arctic LNG 2 cargo at Chinese port
A tanker carrying liquefied natural gas from Russia’s Arctic LNG 2 project has discharged it at a Chinese port, according...
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China hits back at US ships with additional port fees
Vessels owned or operated by U.S. firms and individuals – or those built in the United States or that fly...
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Russia using G7 tankers to boost crude exports, despite lower price cap
Russia turned to G7-linked tankers to increase crude exports in September, despite facing a lower price cap enacted by most...
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Baltic index heads for weekly gain on capesize and panamax strength
The Baltic Exchange’s dry bulk sea freight index, which monitors rates for vessels moving dry bulk commodities, edged up on...
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Panama Canal – Greener Ships, Faster Passage
The Panama Canal Authority (ACP) has launched the NetZero Slot, an initiative aimed at encouraging the maritime industry to operate...
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Corvus Energy Secures Growth Capital from Leading International Investors to Accelerate Maritime Decarbonization
Corvus Energy, the world’s leading supplier of energy-storage systems (ESS) for the maritime industry, announced today it has secured a...
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“No Nuclear, No Net Zero”: Shipping Experts Confront Decarbonisation Dilemma at LISW25 Roundtable
Nuclear energy must be on the table if shipping has any hope of meeting the IMO’s net zero targets by...
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MCTC highlights crucial role of food in building seafarers’ mental resilience which is essential to overcomes periods of poor mental health
Stress is one of the biggest triggers for seafarers and it is essential for them to build and maintain mental...
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A man from Delhi has been apprehended for allegedly ‘renting’ his bank account to cybercriminals who deceived a senior citizen from Mumbai out of Rs 3 crore over a span of 6 years
Mumbai: A 40-year-old individual from New Delhi was apprehended by Cyber Police in what is likely the most prolonged cyber...
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Indonesia to nearly halve coal use for power generation by 2050
Indonesia will gradually reduce the use of coal for electricity generation from the current share of 55 percent to around...
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Asia Gasoline crack climbs as inventories fall
Asia’s gasoline refining profit margin jumped on Thursday after Singapore inventories dropped to the lowest level since October 2023 and...
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IMF chief says global economy doing ’better than feared,’ downside risks dominate
The world economy has proven more resilient than expected despite acute strains from multiple shocks, the head of the International...
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Traders seek yuan payment from Indian state buyers of Russian oil, sources say
Traders offering Russian oil have begun asking Indian state refiners to pay in Chinese yuan, taking recent signs of improving...
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Chinese refineries seen cutting Iranian crude imports on quota constraints
Chinese independent refineries are sharply reducing imports of Iranian crude due to exhausted annual import quotas and weakening demand, according...
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How Iran ships oil around the world despite sanctions
At the end of September, the United Nations reinstated wide-ranging sanctions on Iran that had been suspended under the now-defunct...
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US container imports drop in September as Trump tariffs disrupt global trade
U.S. imports of containerized goods in September fell 8.4% from the year earlier, including a 22.9% drop in goods from...
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Shipping Caught in the US-China Trade Tensions
The shipping market has been at the forefront of the latest round of the US-China trade war. In its latest...
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Inclusion remains at the heart of powering shipping‘s future
For some, division and divisiveness seem to have become a strategic position but, as an industry that brings together people...
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