News Flash
LNG prices lower but still high on historical basis -Shell exec
Global liquefied natural gas (LNG) prices have reduced significantly but are still high on a historical basis, resulting in demand...
Read More
India seeks more natural gas amid emergency measures to end blackouts
India is seeking additional volumes of natural gas and has asked utilities to expedite the completion of power plant maintenance,...
Read More
Japan’s Inpex interested in buying US LNG linked to Henry Hub prices, CEO says
Inpex 1605.T, Japan’s top oil and gas producer, is interested in buying liquefied natural gas (LNG) from the United States...
Read More
Maersk Finalizes ECO Delivery Deal with Amazon
A.P. Moller – Maersk (Maersk) and Amazon have finalized a 2023-2024 agreement for the transport of 20,000 FFE containers using...
Read More
Panama Canal water levels at historic lows, restrictions to remain
The Panama Canal’s water levels have not recovered enough as the end of the rainy season approaches and limits on...
Read More
Soybeans rebound as U.S. crop deteriorates in hot, dry weather
Chicago soybean futures rose on Wednesday, recouping the last session’s losses, after a weekly U.S. government report showed that crop...
Read More
Capesize uptick propels Baltic index
The Baltic Exchange’s main sea freight index rose on Wednesday, supported by gains in the capesize segment. The overall index,...
Read More
India remained top buyer of Russian Urals in Aug despite rising prices
India remained the main buyer of Russian Urals oil loaded from the state’s ports in August, despite a record rise...
Read More
Baltic index slips as capesize losses outweigh panamax gains
The Baltic Exchange’s main sea freight index declined on Tuesday as capesize rates hit a near six-month low, offsetting a...
Read More
Asia Fuel Oil-VLSFO softens, HSFO steadies on thin trade
Asia’s very low sulphur fuel oil (VLSFO) market weakened further as front-month backwardation continued to narrow, while high sulphur fuel...
Read More
StormGeo Launches End-to-End Bunker Management Solution, Setting New Industry Standards for Full Data Control
StormGeo, the leading provider of voyage optimization and weather intelligence solutions, today announces the launch of Bunker Management, providing the...
Read More
NAVTOR demonstrates importance of Greek market with launch of NAVTOR Hellas
NAVTOR, a global leader in maritime e-Navigation and performance solutions, has announced the opening of its eleventh office with the...
Read More
WinGD and Samsung Heavy Industries to cooperate on future fuel applications
Swiss marine power company WinGD and shipbuilder Samsung Heavy Industries (SHI) have agreed to cooperate on future fuel vessel applications...
Read More
Carbon dioxide shipping set to surge on rising offshore storage demand
Carbon dioxide transportation is shifting to the seas as emitters look to move captured gas to offshore storage projects, according...
Read More
Iron ore rally cools as traders assess China demand prospects
Dalian iron ore dipped on Tuesday while the Singapore benchmark trimmed gains, as traders weighed China’s measures to revive its...
Read More
Global refining output seen staying near full capacity on high margins
Refiners globally are expected to run at near full capacity in the near term to seize strong margins while crude...
Read More
BIMCO: Tanker Shipping Market Prospects Are Looking Positive
We forecast that the crude tanker market will see cargo volume growth of between 2.0% and 3.0% in 2023 and...
Read More
Venezuela’s August oil exports slump 38% as crude upgrading falls short
Venezuela’s oil exports in August fell 38% from a three-year high in July as state-run oil company PDVSA struggled to...
Read More
Höegh LNG and Aker BP Form Strategic Partnership for Carbon Transport and Storage Solutions
Höegh LNG and Aker BP have entered a strategic partnership to develop a fully comprehensive carbon transport and storage offering...
Read More
Iron ore gains as China property stimulus in focus
Iron ore futures clung to modest gains on Monday amid optimism over top global steel producer China’s policy support for...
Read More




