News Flash
Cheniere and Equinor Sign Long-Term LNG Sale and Purchase Agreement
Cheniere Energy, Inc. announced that Cheniere’s subsidiary, Cheniere Marketing, LLC (“Cheniere Marketing”), has commenced a long-term liquefied natural gas (“LNG”)...
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Baltic index hits near 4-week hike on Capesize strength
The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, adjourn to a nearly four-week...
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Top Ships Inc. Announces Proposed Spin-Off Creating a New Suezmax Tanker Company
TOP Ships Inc., an international owner, and operator of modern, fuel-efficient “ECO” tanker vessels, announced today the filing of a...
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UN chief calls for acceleration of Black Sea grain deal exports
United Nations Secretary-General Antonio Guterres called for an acceleration of Black Sea grain shipments from Ukrainian ports under a deal...
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VLSFO eases for a second day, recent rally cools
Asia’s spot market for very-low sulphur fuel oil (VLSFO) softened for a second consecutive session on Wednesday, a sign that...
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Big 3 Korean Shipbuilders See Orders Worth 136 Trillion Won
HD Hyundai Heavy Industries, Samsung Heavy Industries, and Hanwha Ocean, three major Korean shipbuilders, have accumulated orders worth over 130...
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Transportation Recovery Fund joins Tankers International VLCC Pool as demand for diverse fleets continues
Tankers International, the world’s largest shipping pool for VLCCs, has announced today that Transportation Recovery Fund (TRF) operated vessel the...
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ExxonMobil and Evergreen Line have completed the delivery of marine biofuel oil in the port of Singapore
ExxonMobil successfully completed a commercial marine biofuel oil bunkering in the port of Singapore on 1st April 2023. Evergreen Line’s...
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Panama Canal Further Restricts Drafts Due to Falling Water Levels
In an advisory to shipping the Panama Canal Authority (ACP) announced further restrictions for the maximum authorized draft in locks...
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China Retrofits Bulker with First Domestically-Built Wind Rotor Sails
China State Shipbuilding (CSSC) is reporting that it completed the first installation of a domestically designed and built rotor on...
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Benchmarks jump, Dubai supported by strong bids from majors
Middle East crude benchmarks Oman, Dubai and Murban jumped on Tuesday, gaining for a third straight session. Cash Dubai was...
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Asia’s gasoline blenders keen to boost octane as reforming spread hits over 9-month high
The substantial expansion in the Singapore reforming spread, fueled by relatively high gasoline values and a weak naphtha complex, has...
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AD Ports Group signs a 30-year Extendable Concession Agreement to Manage and Operate a Multipurpose Terminal in Congo’s Pointe Noire Port
AD Ports Group, the leading global facilitator of trade, logistics, and industry, today signed a 30-year concession agreement with the...
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DeepSea provides a free entry point for shipping companies to start exploring AI benchmarking tools as it unveils the results of the 2022-23 Shifts Challenge
DeepSea Technologies, the award-winning Al-led maritime technology company, and energy efficiency experts, has announced that it is making a full...
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Spot VLSFO rally pauses as more offers emerge
The recent rally in Asia’s very-low sulfur fuel oil (VLSFO) paused on Tuesday after more spot offers emerged, though premiums...
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China’s May coal imports from Australia recover to pre-ban levels
Australian coal sales to China increased in May, as trade resumed between them even as overall coal demand weakened against...
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MSC building shipping fleet suitable for multi-fuel future
MSC Group is building a fleet capable of running on multiple types of marine fuels in the shipping sector’s low-carbon...
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Baltic index gains on higher capesize rates
The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, edged higher on Tuesday, buoyed...
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Search Underway for Commercial Submarine Missing Near Titanic
The U.S. Coast Guard is confirming that a search and rescue mission has been launched for a private tourist submarine...
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UN Adopts Landmark High Seas Conservation Treaty
After two decades of negotiation, the United Nations has finally adopted a marine biodiversity treaty for the high seas, the...
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