News Flash

Baltic Dry Index Extends Gains to Over 2-Week High

The Baltic dry index surged 4.1% to 2,843 on Monday, its highest level since July 15. The capesize index, which...
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Dry Bulk Market: Capesizes Gaining Momentum

Capesize After a weak start to the week, the market gradually regained momentum, finishing on a much firmer footing by...
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Owned Hull War Risks – Notice of Cancellation

Owned Hull War Risks – Notice of Cancellation

Due to the circumstances in the Persian Gulf and Red Sea area, the Directors have decided pursuant to their powers...
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Lemissoler Navigation Names First Two Dual-Fuel Methanol Bulk Carriers

Lemissoler Navigation Names First Two Dual-Fuel Methanol Bulk Carriers

Lemissoler Navigation has celebrated the naming of MV Lem Azalea and MV Lem Plumeria, the first two vessels in its...
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New eco-friendly coating to propel ocean economy

New eco-friendly coating to propel ocean economy

A novel marine antifouling coating, developed by a research team from South China University of Technology, has achieved large-scale applications...
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From Grey Market to Global Network: How Pelagus Is Reinventing Marine Spare Parts

From Grey Market to Global Network: How Pelagus Is Reinventing Marine Spare Parts

Pelagus started as a side project for one shipping company and has since grown into a manufacturing network spanning more...
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India stands alone as Asia’s demand growth engine as US-Iran hostilities reignite

India stands alone as Asia’s demand growth engine as US-Iran hostilities reignite

Asia-Pacific refined products demand should hold above May’s trough and return to y/y growth by year-end, contingent on the course...
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As US-Iran war rages, who’s risking the Strait of Hormuz?

As US-Iran war rages, who’s risking the Strait of Hormuz?

The Strait of Hormuz has become one of the world’s most dangerous waterways since March, when Iran began attacking shipping...
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Iranian Retaliation Reaches Damietta: A New Front Opens Beyond the Gulf and the Red Sea

The conflict’s geographic footprint has expanded beyond the Gulf and Red Sea into the broader eastern Mediterranean energy corridor. A...
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Red Sea Light Ends Transiting Bem Fall After Dataset High

Red Sea Light Ends Transiting Bem Fall After Dataset High

Red Sea-origin light ends (gasoline/blending components, naphtha and NGLs) passing through the Bab-el-Mandeb have dropped by over a third as...
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Asia-USWC container rates fall, rates to USEC steady to higher amid Middle East tensions

Asia-USWC container rates fall, rates to USEC steady to higher amid Middle East tensions

Rates for shipping containers from east Asia and China to the US West Coast fell this week and rates to...
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Brazil’s Iron Ore Exports Slowing Down in 2026

Brazil’s iron ore exports have been slowing down so far in the year. In its latest weekly report, shipbroker Banchero...
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Five months on: The Middle East War’s continued impact on Atlantic Basin LNG

Five months on: The Middle East War’s continued impact on Atlantic Basin LNG

The Middle East conflict continues to weigh on the Atlantic Basin LNG market as tight supply and elevated prices persist...
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Fujairah’s fuel oil inventories surged this month

Fujairah’s fuel oil stocks have averaged 74% higher so far in July than across June, Fujairah Oil Industry Zone (FOIZ)...
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New US LPG export capacity could lower volatility in terminal fees

New US LPG export capacity could lower volatility in terminal fees

The US could add more than a million barrels per day of new LPG export capacity in the next few...
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Venezuela Steps in as the Hormuz Crisis Re-routes VLCC Trade Out of the Gulf

Throughout the first half of 2026, the crisis in the Strait of Hormuz has profoundly altered the global landscape of...
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MOL Issues Integrated ‘MOL REPORT 2026’- Evolution into a Global Social Infrastructure Company

Mitsui O.S.K. Lines, Ltd. announced the publication of its integrated “MOL Report 2026.” The MOL Report was prepared with a...
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US fuel production inches up in July

US fuel production inches up in July

The US has produced 2% more fuel oil per day on average in July thus far compared to June, according...
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China’s crude oil imports fell in the second quarter

China, the world’s largest importer of crude oil, imported less crude oil in the second quarter of 2026 (2Q26) following...
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Baltic Dry Index Rises on Friday, Logs Monthly Gain

The Baltic dry index rose 2.2% to 2,732 on Friday, its highest level since July 27. The capesize index, which...
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