News Flash
War in Israel: The new geopolitical flashpoint for ocean shipping
Wars and pandemics — geopolitical and global health crises causing widespread suffering and death — have the side effect of...
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INTERCARGO highlights new membership high in Annual Review
As the International Association of Dry Cargo Shipowners (INTERCARGO) publishes its Annual Review taking in the highs and lows of...
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Asia Fuel Oil-Refining cracks dip; Singapore bunker sales steady in September
Asia’s fuel oil refining cracks fell on Monday even though crude oil prices edged lower as the market waits to...
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Saudi Arabia’s crude exports drop to 28-month low in August
Saudi Arabia’s crude oil exports in August hit their lowest level in 28 months as they fell for a fifth...
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Columbia Group launches Female Cadet Mentoring Programme to help recruit and retain more women in maritime
As part of its bid to attract more women into the maritime sector, Columbia Group has launched a mentoring programme...
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Sea partners with Spot Ship to automate vessel availability and enable data-driven decision-making when fixing freight
Sea, the intelligent marketplace for fixing freight, has announced a strategic partnership with Spot Ship to integrate its AI email...
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Asia Distillates-Cracks back at a two-week high, Chinese November sellers prevalent
Asia’s 10-ppm sulphur gasoil margins kicked off the week at an almost two-week high, tracking gains in the futures market...
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Asia spot LNG prices rise as geopolitical tensions fuel supply woes
Asian spot liquefied natural gas (LNG) prices climbed $1 this week despite muted demand, tracking European gas prices, on concerns...
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Russia fuel exports jump in Sept despite OPEC deal, sanctions – IEA report
Russian crude oil and product exports rose in September by as much as 460,000 barrels per day, the International Energy...
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Brazil shipping agents warn clients drought disrupting corn shipping on barges
A severe drought is disrupting barge traffic on the Tapajos river in the Amazon rainforest, shipping agencies told clients this...
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China’s steel production falls in late Sep but markets remain wary of actual levels
China’s daily pig iron and crude steel output for Sept. 21-30 decreased 4.3% and 3.1% from Sept. 11-20 to 2.335...
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Greek port project helps boost career prospects
When Patritsia Zigou first heard the news about the Chinese company’s takeover of the Greek Piraeus Port, she found herself...
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Tankers: Business as Usual?
After the latest events in Israel and Gaza, the tanker market has been largely unaffected. However, as the crisis looks...
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Shipping must improve forecasting and not allow ‘uncertainty to delay action
Large scale changes identified in report include key ports becoming unusable due to climate change, a surge in the percentage...
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Dry Bulk Market: Capesizes Keep Going Strong
CapesizesClosing at $27,591 the Capesize TC average maintained similar levels week-on-week, however large gains were seen on Monday when the...
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BIMCO adopts new CII clause for Voyage Charter Parties
The shipping industry is facing an increase in new regulations from the International Maritime Organization (IMO) and the European Union...
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Special shipping containers provide some hope for container manufacturers
After the surge in output of 2021, the past 18 months have proved particularly challenging for Chinese box builders with...
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Shipping Must Look Beyond the Engine, The Real Challenge is an Industry Transformed, Cautions ABS Chairman and CEO
Shipping must look beyond its current focus on engine technology and address the widespread disruption introduced by the clean energy...
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Maersk signs deal with Starlink for its Ocean fleet
A.P. Moller–Maersks, the global leader of integrated container logistics, is embarking on a collaboration with Starlink, the pioneering satellite internet...
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India’s Sept diesel flows to Europe reach all-time peak, Oct volumes slowing
India’s September-loading diesel exports to Europe hit an unprecedented high as traders cashed in on arbitrage profits to the West,...
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