News Flash

Combined new orders for the three major domestic shipbuilders in 2023 are expected to exceed guidance. Orderbooks should expand in...

Imagine driving your car down a narrow road that you cannot see and your tires cannot touch. The road is...

Clean LR2 LR’s in the MEG have taken a heavy re-correction down this week in terms of freight. The 75Kt...

We are now living in a new transformational era driven by big data, cloud services and AI. Even in the...

This content was produced in Russia where the law restricts coverage of Russian military operations in Ukraine -Seaborne diesel and...

The Carbon Border Adjustment Mechanism (CBAM) proposed by the European Union creates a new trade barrier for Chinese exports, China’s...

U.S. energy firms this week cut the number of oil and natural gas rigs operating to their lowest since February...

Columbia Shipmanagement (CSM), member of the Columbia Group, is strengthening its presence in Northern Europe by establishing CSM Northern Europe,...

Asian spot liquefied natural gas (LNG) prices fell this week but remained at a near nine-month high as geopolitical risks...

Atlantic Basin iron ore contracts with long-term freight formulas, such as those with fixed freight terms used by Brazilian miner...

Asia’s very low sulphur fuel oil (VLSFO) steadied on Thursday following a recent spike, while backwardation timespreads also eased after...

The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, fell to a more than...

For Q3 2023, NORDEN reports a profit of USD 99 million (approx. DKK 700 million). For the first nine-months of...

U.S. coal exports increased by 5.7 million short tons (MMst) in the 12 months after EU sanctions on coal from...

Euro zone manufacturing activity took a further step back last month in a broad-based downturn, according to a survey which...

Chevron (NYSE:) is negotiating contracts to supply liquefied (LNG) into Europe for up to 15 years as buyers expect the...

North AmericaAvailability of VLSFO and LSMGO grades in Houston has been good so far this week. Several suppliers can deliver...

Maersk Supply Service has selected Fleet Data IoT platform from Inmarsat Maritime, a Viasat business, to help optimise the performance...

Asia’s middle distillates markets were supported for a third consecutive session by stronger performance in the West, despite thin trading...

Iron ore extended gains for a second consecutive session on Thursday due to growing appetite for the fundamentally healthy steelmaking...