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European Businesses Prioritising Supply Chain Innovation And Resilience Amid Geopolitical Uncertainty

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...
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Venezuela’s January oil exports fell 25% amid outages at terminal

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...
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Port of Newcastle: Fluctuating Trade Challenges A Feature For 2023

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...
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Double pay and going dark: How shipping companies are navigating Red Sea attacks

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...
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New e-fuels project to make international shipping climate neutral

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...
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Russian LPG exports to China by rail rose 35% in 2023

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,...
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US LNG export pause leaves EU, industry at odds over energy security

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...
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OPEC+ to review oil cut extension in March, ministers leave policy unchanged

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,...
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Iron ore mixed as investors reassess China demand outlook

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...
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Russian oil product exports via Tuapse to fall sharply in Feb -traders

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...
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CMA CGM to enhance its SAFRAN service connecting North Europe with South America East Coast

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...
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TECO 2030 and Umoe Mandal submits fuel cell high-speed vessel design for approval in principle

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...
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Shippers hail transformational potential of new Maersk/Hapag-Lloyd ‘Gemini’ partnership promising 90% service reliability

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...
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Vitol collaborates with ZeroNorth to digitalise Asian bunker deliveries

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...
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Asia Fuel Oil-HSFO slumps into discount on selling frenzy

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...
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Zero Emission Shipping Fund proposal submitted to UN to deliver on shipping’s net zero targets

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...
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Baltic index hits two-week low as rates for smaller vessels ease

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...
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Asia Fuel Oil-Month-end activity eases, volatile arbitrage outlook looms

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...
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Russia the driver behind China’s aluminium import boom

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...
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ClassNK grants Innovation Endorsement for Products & Solutions to Digital Learning Management System by MarinePALS

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...
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