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CMA CGM to adapt the setup of its EURAF 1 service connecting North Europe with West Africa

CMA CGM to adapt the setup of its EURAF 1 service connecting North Europe with West Africa

We would like to inform our customers that due to persistent congestion in Dakar Terminal and to preserve schedule integrity,...
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Zelenskiy says Black Sea corridor to continue functioning despite threats.

Zelenskiy says Black Sea corridor to continue functioning despite threats.

The alternative Black Sea export corridor will continue to function despite all threats, Ukraine President Volodymyr Zelenskiy said on Friday....
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Baltic index snaps seven-week winning streak as vessel rates dip

Baltic index snaps seven-week winning streak as vessel rates dip

The Baltic Exchange’s dry bulk sea freight index, tracking rates for ships carrying dry bulk commodities, snapped its seven-week long...
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Dry Bulk Market: Capesizes on correction mode

Dry Bulk Market: Capesizes on correction mode

Capesize The week in the capesize market concluded with a continued trend of declining rates. In the Pacific region, despite...
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Shore power needs and CO2 emissions reductions of ships in European Union ports: Meeting the ambitions of the FuelEU Maritime and AFIR

Shore power needs and CO2 emissions reductions of ships in European Union ports: Meeting the ambitions of the FuelEU Maritime and AFIR

This study explores the role of shore power in decarbonizing maritime transportation in the European Union (EU) based on two...
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Iron ore subdued as China winter demand in focus

Iron ore subdued as China winter demand in focus

Dalian and Singapore iron ore futures were subdued on Thursday amid worries that Chinese demand for the steelmaking ingredient will...
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Canada to see more LNG projects as Asia buyers will target its certified gas

Canada to see more LNG projects as Asia buyers will target its certified gas

Start of the Shell-backed 14 million mt/year LNG Canada project in 2025 will provide the impetus for new investments in...
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US economic growth accelerates in third quarter

US economic growth accelerates in third quarter

The U.S. economy grew at its fastest pace in nearly two years in the third quarter as higher wages from...
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Fortescue’s quarterly iron ore shipments fall 3% on maintenance

Fortescue’s quarterly iron ore shipments fall 3% on maintenance

Australian miner Fortescue on Thursday reported a 3% drop in its quarterly iron ore shipments because of increased maintenance and...
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Airseas validates automated dynamic flight with projected initial 16% fuel and emissions reductions

Airseas validates automated dynamic flight with projected initial 16% fuel and emissions reductions

Airseas, a provider of wind propulsion systems for the maritime sector, has announced that its latest sea trials have revealed...
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Asia Fuel Oil-VLSFO slips further while inventories rise

Asia Fuel Oil-VLSFO slips further while inventories rise

The cash premium for 0.5% very low sulphur fuel oil (VLSFO) edged lower for an eighth consecutive trading day, while...
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Baltic index falls to 1-month low after rates slip across vessel segments

Baltic index falls to 1-month low after rates slip across vessel segments

The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, fell to a one-month low...
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Capacity management in ocean freight shipping will be key in coming years, and index-based pricing could offer a solution

Capacity management in ocean freight shipping will be key in coming years, and index-based pricing could offer a solution

The Xeneta Summit has heard the ocean freight shipping industry will find new ways of working together in the face...
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Container ships reach highest average age on record of 14.2 years

Container ships reach highest average age on record of 14.2 years

Container ships have reached their highest average age yet at 14.2 years, the highest average age of the three main...
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Bunker Holding and NeoGreen Hydrogen Corp. sign MoU for green ammonia and synthetic fuels

Bunker Holding and NeoGreen Hydrogen Corp. sign MoU for green ammonia and synthetic fuels

Bunker Holding and NeoGreen Hydrogen Corp. announce the signing of a Memorandum of Understanding to collaborate on the operations, logistics,...
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Weak euro zone lending adds to recession fears

Weak euro zone lending adds to recession fears

Bank lending across the euro zone came to a near standstill last month, European Central Bank data showed on Wednesday,...
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Asia Fuel Oil-HSFO in discount as bearish factors weigh

Asia Fuel Oil-HSFO in discount as bearish factors weigh

Asia’s spot high sulphur fuel oil (HSFO) market has sunken back into a discount this week as bearish factors weighed....
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IEA has not started emergency oil stock discussions amid Middle East tensions: official

IEA has not started emergency oil stock discussions amid Middle East tensions: official

The International Energy Agency has not started any discussions on oil stock releases but member countries have asked its secretariat...
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ABS Sets Sight on Ambitious Project to Class 3D-Printed Propeller

ABS Sets Sight on Ambitious Project to Class 3D-Printed Propeller

ABS is joining Mencast Marine (MMPL), the Singapore University of Technology and Design (SUTD), and the National Additive Manufacturing Innovation...
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Iron ore rally continues as China boosts stimulus

Iron ore rally continues as China boosts stimulus

Dalian iron ore futures hit five-week highs on Wednesday and the Singapore benchmark rose for a third straight day, buoyed...
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