News Flash

LNG buyers flag US supply risks after export pause

Major buyers of liquefied natural gas (LNG) flagged risks of purchasing cargoes from the United States following the decision by...
Read More

UK cracks down on illicit ‘shadow fleet’ transporting Russian oil globally

The UK has today (11 September) sanctioned to vessels operating as part of Putin's 'shadow fleet, in the latest crack...
Read More

Asia Fuel Oil-HSFO spot premium hits over a year’s high; KPC offers HSFO for October

Spot premium for 360-cst high sulphur fuel oil (HSFO) was at more than a year's high as of Wednesday, while...
Read More

All eyes on APPEC as crude tanker freight rates soften further

As APPEC kicks off there have been various reports and thought pieces expressing a doubtful tomorrow for the world's oil...
Read More

Baltic index gains as larger vessel rates rise

The Baltic Exchange's main sea freight index racking rates for ships carrying dry bulk commodities rose on Wednesday, supported by...
Read More

Anemoi awarded DNV Type Approval for 5x35m Rotor Sail design

Wind-assisted propulsion systems developer Anemoi Marine Technologies has secured a Type Approval Design Certificate from classification society DNV for its...
Read More

Maritime leaders’ confidence on the rise amidst increased geopolitical risk

Data from the ICS Barometer Report 2023-2024 – launched today – has demonstrated the positive impact that improved clarity from...
Read More

Asia Distillates-Jet fuel market bustling as traders’ prompt purchases continue

Asia's middle distillates markets saw some upbeat market activity on the jet fuel front, though gasoil discussions remained muted and...
Read More
Opsealog report advocates for data standardisation to accelerate the value delivered by maritime digitalisation

Opsealog report advocates for data standardisation to accelerate the value delivered by maritime digitalisation

Opsealog, a provider of data integration and analysis services for the maritime and offshore industry, has published a new white...
Read More

Maersk and Hapag-Lloyd announce two ocean network options with equal industry-leading schedule reliability

In February 2025, Maersk A/S (Maersk), an entity under A.P. Moller – Maersk, and Hapag-Lloyd AG (Hapag-Lloyd) launch their operational...
Read More

September Import Cargo to Remain Elevated Ahead of Possible Port Strike

The nation's major container ports are expected to see another busy month in September ahead of a potential labor strike...
Read More

Secretary-General Stresses Safe Navigation for Seafarers Anchoring Crucial Shipping Industry ‘Must Not Be Compromised’, Marking World Maritime Day

Following is UN Secretary-General António Guterres’ message for World Maritime Day, observed on 26 September: Shipping is vital to keeping...
Read More

Emissions and fuel use slashed in SulNOx generator trial

SulNOx, the greentech innovation company helping industry reduce emissions, lower fuel costs and meet sustainability targets, is pleased to announce...
Read More
OceanScore calculates €175m potential costs for Greek shipping with FuelEU Maritime

OceanScore calculates €175m potential costs for Greek shipping with FuelEU Maritime

Greek shipping companies are set to face a total bill of over €175m in penalties incurred under FuelEU Maritime after...
Read More

Baltic index retreats as capesize rates dip

The Baltic Exchange's main sea freight index retreated on Tuesday after hitting its highest in nearly two months in the...
Read More
Greece to spend an additional 3.5 bln euros next year on wages, pensions

Greece to spend an additional 3.5 bln euros next year on wages, pensions

Greece will spend an additional 3.5 billion euros ($3.9 billion) next year on pension and wage hikes and on defence,...
Read More

Oil demand worries and natural gas supply risks

Demand fears weigh on oil Oil prices saw a fair amount of volatility in August In fact, implied volatility in...
Read More

Iron ore snaps six-day losing streak on hopes of China stimulus

Iron ore futures prices rose on Monday after six days of losses, as hopes of fresh stimulus from top consumer...
Read More

Morgan Stanley cuts Brent crude price view as market signals demand softness

Morgan Stanley on Monday cut its Brent crude oil forecasts for coming quarters and said the global oil market is...
Read More

Sanctioned tanker with Arctic LNG 2 cargo moving east along Northern Sea Route, data shows

A liquefied natural gas tanker sanctioned by the US has been moving east from the Arctic LNG 2 plant along...
Read More