News Flash
Korea’s STX denies rumor that it is backed by Chinese fund
South Korean general trading company STX Corp. has said its largest shareholder is a local investment firm, while refuting the...
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ENGINE bunker platform launches ENGINE X to tackle increased bunker complexity
Five years after launching one of the industry’s leading bunker information and news platforms, ENGINE, which counts a number of...
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Greek PM pledges state reforms, disaster relief within fiscal limits
Greece will push ahead with state reforms to boost economic growth and offer relief measures to those hit by natural...
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Port of Los Angeles says cargo lost during West Coast talks is returning
Cargo volume at the Port of Los Angeles jumped from July to August after business lost during the now-finished West...
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Asian refiners to embrace Middle Eastern sour crude regardless of price swings
Asian and Persian Gulf refineries will continue to depend heavily on Middle Eastern crude grades as their staple diet, regardless...
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Dry Bulk Market: Panamaxes Show Strong Growth Momentum
Capsize The week in the Cape market has shown a mix of activity in both the Pacific and Atlantic regions....
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Congestion in Panama to support charter market
Continuing congestion, exacerbated by the impact of El Nino to the end of 2023, will increase voyage costs and may...
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Winter LNG demand pops up from China; Japan, South Korea remain quiet
The Asian LNG market has started to see demand for winter popping up from China as the fourth quarter approaches,...
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Singapore iron ore hits near 6-mth high on low stocks, pre-holiday restocking
Iron ore futures rose for a fourth straight session on Thursday, helped by low inventories and pre-holiday restocking, although concerns...
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Intermanager Launches New Ship Management General Principles Of Conduct And Action
InterManager, the international trade association for third party and in-house ship managers, has today launched a set of General Principles...
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GAC Oman welcomes the world’s first liquefied hydrogen carrier
In a historic moment for Oman’s clean energy aspirations, the world’s first liquefied hydrogen carrier, the Suiso Frontier, has made...
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OCI Global to double its green methanol capacity in the United States
OCI Global (Euronext: OCI), the world’s largest producer of green methanol, has announced plans to double its green methanol production...
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EU Commission President Names Landmark Methanol Vessel “Laura Mærsk”
The world’s first methanol-enabled container vessel will carry the name “Laura Mærsk”, the EU Commission President Ursula von der Leyen...
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Asia Fuel Oil-VLSFO steadies; inventories at three-week highs
Asia’s very low sulphur fuel oil (VLSFO) market steadied on Thursday after recent declines, while onshore inventories at Singapore rebounded...
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Xeneta: Short-term rates from the Far East to USEC positioned for further gains
Freight forwarders looking for room to negotiate, and optimize their margins, should keep a keen eye on developments on the...
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Hapag-Lloyd CEO: counter offer for HHLA would not be in our interest
Hapag-Lloyd CEO Rolf Habben Jansen said on Thursday that it would not be in the container shipper’s interest to make...
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Baltic index scales over 3-1/2-month high on robust demand across all segments
The Baltic Exchange’s main dry bulk sea freight index rose for the seventh straight session on Thursday as demand strengthened...
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BPA and IAPH focus on port sustainability at London International Shipping Week; IAPH joins BPA on the South Bank
As London is awakened to the buzz of London International Shipping Week (LISW), the voices of UK and international ports,...
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Iron ore extends gains on pre-holiday restocking expectations
Iron ore futures climbed for a third consecutive session on Wednesday, buoyed by expectations of pre-holiday restocking demand from steelmakers...
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Ukraine increases farm exports by rail and truck as Black Sea ports blocked – brokers
Ukraine, which had to find different ways to export its grain since Russia quit the U.N.-brokered Black Sea grain export...
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Ocean Yield AS: Investment in LNG carriers on long-term charters
Bureau Veritas classes its first methanol dual-fueled container ship as CMA CGM ANTIGONE delivered by CSSC Jiangnan Shipyard
Inchcape Shipping Services Joins the Achilles Maritime Network to Strengthen ESG and Supply Chain Oversight
EU sanctions 41 more Russian shadow fleet tankers in latest crackdown
West African oil struggles to find buyers as global surplus builds