News Flash
Global rice exports could fall 4% due to India’s export restrictions
Global rice exports could fall by at least 4% in 2023 because of India’s restrictions on exports and El Niño’s...
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Deputy PM Novak: Russia does not rule out oil export cuts in October – TASS
Russian Deputy Prime Minister Alexander Novak said on Wednesday that Russia may extend oil export cuts to the month of...
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Korea’s HMM bidders shortlisted to LX Group, Harim, Dongwon
Bidders for HMM Co., South Korea’s top shipping company, have been shortlisted to LX Group, Harim Co., and Dongwon Industries...
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Russia says it will have talks with Turkey about alternatives to the Black Sea deal
Russian Foreign Minister Sergei Lavrov and Turkish counterpart Hakan Fidan will discuss a proposal by Moscow for an alternative to...
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OceanPal Inc. Becomes Strategic Partner In Two 6,600dwt Methanol-Ready Chemical Tanker Newbuildings
OceanPal Inc., a global shipping company specializing in the ownership of vessels, announced that the Company today agreed to become...
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Oil loadings from Russia’s Baltic ports for Sept. 1-10 set to rise 38% from Aug. 1-10
Russian Urals oil and Kazakhstan’s KEBCO loadings from Russia’s Baltic ports of Primorsk and Ust-Luga will jump to 2.2 million...
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Panama Is Open for Business: Minister of Foreign Affairs Tewaney Calls Out Social Media Misinformation Regarding Panama Canal Operations
Today the Government of Panama reenforced that Panama remains open for business despite misinformation spread on social media this past...
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Asia Fuel Oil-cst drops as lower offer emerges
Asia’s 180-cst high sulfur fuel oil (HSFO) market retreated on Wednesday as a lower offer emerged. The cash differential for...
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Ships drop anchor around Gabon as country shuts down after coup
At least 30 commercial ships dropped anchor on Wednesday around Gabon’s waters after military officers said they had seized power...
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Romanian, and French wheat offered the lowest in Egyptian tender –traders
The lowest free-on-board (FOB) offer presented at an Egyptian state purchasing tender for wheat on Wednesday was $259.42 per metric...
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Oman LNG signs supply agreements with Shell, OQ Trading
Oman LNG has signed agreements with Shell International Trading Middle East and Oman’s OQ trading to produce and distribute more...
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Baltic index slips as Capesize dip outweighs smaller vessel gains
The Baltic Exchange’s main sea freight index declined on Wednesday, as lower rates for capesizes outweighed gains in smaller vessel...
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The High Cost of Global Economic Fragmentation
In a shock-prone world, economies must be more resilient—individually and collectively. Cooperation is critical, but greater protectionism could lead to...
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Middle East Crude-Oman, Murban fall; US crude attracts Asian buyers
Middle East crude benchmarks Oman and Murban fell on Tuesday as traders concluded trades for this month and waited for...
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The Marcura Group acquires ShipServ
The Marcura Group today announced that it has signed a definitive agreement to acquire ShipServ, a leading maritime online procurement...
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Yemen oil tanker: ‘Pivotal chapter’ concludes but important work remains
The meticulous effort onboard the rusting FSO Safer spanned months of preparation and nearly 13 weeks of execution by the...
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Dalian iron ore falls on thin steel margins, lukewarm downstream demand
Dalian iron ore futures extended declines on Tuesday, as traders remained cautious onshrinking steel margins and lack of any clear...
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Korean shipbuilding stocks rebound on expectations for improved earnings
South Korean shipbuilding stocks managed to rebound Monday after weeks of decline as investors perceive prices are too low considering...
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Asia Fuel Oil-VLSFO slips after Kuwait’s Al Zour issues fresh tender
Asia’s very low sulphur fuel oil (VLSFO) market softened on Tuesday after Kuwait’s Al Zour refinery issued a fuel oil...
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ThPA S.A. expands its intermodal service to Skopje
ThPA S.A. is launching a new container block-train service between Thessaloniki and the capital of the Republic of North Macedonia,...
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Recent News
New whitepaper highlights rising barnacle biofouling risk for ship operators as regulations tighten
CMA CGM: Africa Forward Summit: Rodolphe SAADE signs with the Government of the Republic ok Kenya a strategic partnership agreement
How to document PFOS-free fire-extinguishing foam on board
Klaveness Combination Carriers Improves Efficiency and Reduces Emissions with WE Tech Solutions’ Shaft Generators on Retrofitted Vessels and Newbuilds
NeptuneZero has secured a €500,000 investment to accelerate the development of her maritime sensor data-driven reporting solution and enhance real-time fleet performance