Clean The Middle East Gulf has been stable by comparison to recent weeks. TC1 (75kt MEG/Japan) dipped an incremental 5.62 points to WS187.19, with a trip west on TC20 shaving away $107,000 to $4,557,000 ($4,600,000 is currently reports on s

A New Chapter for Oil Market Oil prices have remained comfortably below $100/bbl over the past three months, with Brent largely trading between $80/bbl and $85/bbl, despite the imposition of the European ban on Russian crude and products im

3March,2023, London: The International Chamber of Shipping (ICS),representing over 80% of the worlds merchant fleet,is pleased to announceFEDIL Shipping,Luxembourg and the Brazilian Association of Cabotage Owners becoming Affiliate Member N

(A)Achieving better efficiency, safety, and productivity through technology Progress of Tuas Port after its official opening in September 2022 When completed in the 2040s, Tuas Port will be the worlds largest fully-automated terminal, with

Asia and in particular China is where the action will be for the tanker market, concludes analyst MSI in its latest report. But the global picture suggests a more modest uptick in activity. China is seeing a sharp increase in transportation

Freight rates for container exports from China continued to decline in the eight week of the year despite transportation capacity adjustments. According to the Shanghai Shipping Exchange, the Shanghai Containerized Freight Index (SCFI) , a

Dalian iron ore futures extended gains for a second session on Thursday as market sentiment improved following the removal of production curbs in key steel-making cities and on better-than-expected manufacturing data from China. Handan and

Low and high sulfur fuel oil bunker premiums have fallen in Hong Kong, as rising competition from regional ports has weakened domestic demand and dampened the near-term market outlook, bunker suppliers said March 2. Demand for LSFO bunker i

The Baltic Exchanges main sea freight index, tracking rates for ships carrying dry bulk commodities, rose to its highest level since early January on Thursday, supported by stronger rates across all vessel segments. The overall index, which

Piraeus, Greece 1 March, 2023: The work to develop Greeces first Floating Storage Regasification Unit (FSRU) commenced recently at the Keppel shipyard in Singapore with the conversion of GasLogs DNV classed LNGC Gaslog Chelsea, recently ren

London and Singapore, 2 March 2023. The first two months of 2023 have seen tanker market fortunes change rapidly, illustrating the volatility and upside that continues to persist as global trade patterns are reshaped. Sharp increases in spo

On March 1, Zhonggu Shipping signed a strategic cooperation agreement with Anhui Provincial Port Shipping Group to jointly promote the bulk carriers converted into container ships. Anhui Port will promote railway and waterway combined trans

Introduction 2022 was another strong year for Gas and Container orders, but overall, 2022 orders fell short of the record breaking numbers seen in 2021. The number of newbuilding orders for 2022 reflected global geopolitical concerns, as we

West PI has launched two new competitive marine insurance products to enhance its product range. Called West Hull and West War, the new offerings are designed to enhance the Clubs services to Members, broaden its appeal to other shipowners

The Baltic Exchanges main sea freight index rose to its highest in over seven weeks on Wednesday, supported by higher shipping rates for all vessel segments. The overall index, which factors in rates for capesize, panamax and supramax shipp