News Flash
European Businesses Prioritising Supply Chain Innovation And Resilience Amid Geopolitical Uncertainty
New research from Economist Impact and DP World reveals that European businesses are deploying innovation and technology in supply chains...
Read More
Venezuela’s January oil exports fell 25% amid outages at terminal
Venezuela’s exports of crude and refined products fell by 25% in January to some 624,000 barrels per day (bpd) as...
Read More
Port of Newcastle: Fluctuating Trade Challenges A Feature For 2023
Figures released today reveal a shift in weather and demand has had a significant impact on Port of Newcastle’s diversified...
Read More
Double pay and going dark: How shipping companies are navigating Red Sea attacks
Concern is growing for the lives of sailors, as the campaign of attacks on shipping in the Red Sea by...
Read More
New e-fuels project to make international shipping climate neutral
Transport and trade on the ocean blue must be made much greener. This is the goal of the new €17...
Read More
Russian LPG exports to China by rail rose 35% in 2023
Russia raised exports of liquefied petroleum gas (LPG) to China via railways by 35% to 202,000 metric tons last year,...
Read More
US LNG export pause leaves EU, industry at odds over energy security
Europe will have enough gas supply for the next 10 years and thereafter despite a move by the U.S. administration...
Read More
OPEC+ to review oil cut extension in March, ministers leave policy unchanged
OPEC+ will decide in March whether or not to extend voluntary oil production cuts in place for the first quarter,...
Read More
Iron ore mixed as investors reassess China demand outlook
Dalian iron ore futures dipped further on Thursday while prices in Singapore rebounded, as investors reassessed demand prospects in top...
Read More
Russian oil product exports via Tuapse to fall sharply in Feb -traders
Russian oil product exports from the Black Sea port of Tuapse are set to fall by 59.1% in February to...
Read More
CMA CGM to enhance its SAFRAN service connecting North Europe with South America East Coast
CMA CGM is pleased to announce its customers an improved coverage of North European ports with its SAFRAN service linking...
Read More
TECO 2030 and Umoe Mandal submits fuel cell high-speed vessel design for approval in principle
TECO 2030 and Umoe Mandal has just delivered the documentation package to the Norwegian Maritime Authority for an approval in...
Read More
Shippers hail transformational potential of new Maersk/Hapag-Lloyd ‘Gemini’ partnership promising 90% service reliability
The container shipping schedule reliability targets promised by Gemini Cooperation, the new Maersk and Hapag-Lloyd partnership which will start operating...
Read More
Vitol collaborates with ZeroNorth to digitalise Asian bunker deliveries
Vitol Bunkers and its logistics arm, V-bunkers are collaborating with ZeroNorth to enhance the efficiency of the bunkering process in...
Read More
Asia Fuel Oil-HSFO slumps into discount on selling frenzy
The spot high sulphur fuel oil (HSFO) market for the 380-cst grade sank into a discount on Thursday, as selling...
Read More
Zero Emission Shipping Fund proposal submitted to UN to deliver on shipping’s net zero targets
The International Chamber of Shipping (ICS) has submitted a detailed, fit-for-purpose proposal to shipping’s global regulator, the UN International Maritime...
Read More
Baltic index hits two-week low as rates for smaller vessels ease
The Baltic Exchange’s dry bulk sea freight index fell to a two-week low on Thursday, as weakness in rates for...
Read More
Asia Fuel Oil-Month-end activity eases, volatile arbitrage outlook looms
Spot market activity cooled on the last trading day of January, while a volatile outlook for arbitrage supplies loomed as...
Read More
Russia the driver behind China’s aluminium import boom
China’s imports of unwrought aluminium more than doubled year-on-year in 2023 and were the second highest annual total since the...
Read More
ClassNK grants Innovation Endorsement for Products & Solutions to Digital Learning Management System by MarinePALS
ClassNK has granted its Innovation Endorsement for Products & Solutions*1 to “Digital Learning Management System” (Ver.2) developed by MarinePALS, a...
Read More




