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Cheniere and Equinor Sign Long-Term LNG Sale and Purchase Agreement

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

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. 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

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

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

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

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 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

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 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

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 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 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

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

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 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

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

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

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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