Browsing: Shipping

INTERNATIONAL SHIPPING INDUSTRY South Korea ranks second in global ship orders in q1 South Korean shipbuilders came in second worldwide…

INTERNATIONAL SHIPPING INDUSTRY Shipowners, refiners at odds over imo fuel quality Fuel quality is the great unknown for the shipping…

INTERNATIONAL SHIPPING INDUSTRY Trafigura ships more Asian gasoline to Americas on new tanker Commodity trader Trafigura is shipping this month…

INTERNATIONAL SHIPPING INDUSTRY UK hydrographic office works with Seychelles govt to help tackle piracy in the Indian ocean The UK…

New supertankers carrying gasoil west hits record Ship builders in Asia are sending a record number of supertankers west carrying…

Asian lpg premiums surge on supply tightness, houston shipping delays Asian LPG premiums have ballooned amid supply tightness in the…

Ships with scrubbers must lock in high sulfur fuel oil needs to avoid supply hassles Shipowners with scrubber-equipped vessels may…

Global container freight market bearish as lunar new year hits Sentiment in the container freight market has turned largely bearish…

South korean shipbuilders to benefit from LNG ship orders in 2019 South Korean shipbuilders are expected to continue to benefit…

Container market improving, but still shaky A less than convincing performance in the Asia to Mediterranean headhaul market and a…

Korean shipyards almost sweep LNG ship orders South Korean shipbuilders have bagged over 80 percent of new orders placed around…

USGC clean tanker rates hit multi-year highs Rates in the Americas clean tankers market for vessels leaving the US Gulf…

Floating lng cargoes in Asia find buyers as prices plunge Several liquefied natural gas (LNG) cargoes that had been stored…

Dry freight index rebounds 20pc from 7-month low The Baltic Dry Index (BDI) – which tracks global dry freight rates…

Stronger capesize demand pushes up baltic index The Baltic Exchange’s main sea freight index, tracking rates for ships ferrying dry…

South Korea takes top spot in global ship orders South Korean shipbuilders clinched the No. 1 position in new orders…

Smaller ports pip major ones in cargo traffic growth, share rises to 42 percent Non-major ports are gradually eating into…

Maritime regulator faces growing calls for a gradual rollout of clean-fuel rules International maritime regulators begin a new round of…

Strong Asian tanker market in q4 A strong Asian tanker market is expected in the fourth quarter with visible signs…

US to be big winner of new IMO shipping rules The United States is set to be the big winner…

Asia shipping rates may firm on low-sulphur rules Freight rates in Asia may firm as some ports in the key…

Germany’s commercial shipping fleet shrinks by a third Germany, one of the world’s main maritime players, saw its commercial fleet…

Singapore bunker fuel demand likely to rebound Singapore delivered bunker fuel demand is expected to see an uptick in September,…

Shipping rates plunge on fears of trade war impact When US President Donald Trump fired the first salvos in his…

Tainted shipping fuel sparks calls for tighter quality control A wave of contaminated fuel that has clogged and damaged engines…

Conditions ripe for container shipping rates to spike Container spot rates are expected to lift soon on the back of…

ExxonMobil offers bunkering transparency and innovation ExxonMobil has announced that it is the first to supply via an independently accredited…

Korean shipbuilders sweep orders for large LNG tankers Korean shipbuilders have swept all of the orders for 30 large liquefied…

Medium range tanker freight rates return to 2018 low Clean freight rates for Medium Range tankers have returned to 2018…

The VLCC race: US midstream companies plan to export more oil faster Since the US crude market began to grow…

Southern Chinese ports prioritize thermal coal imports; coking coal buying slows Coking coal end-users in southern China are taking a…

[box type=”info” align=”” class=”” width=””] by Felix Richter, Jul 16, 2018[/box] When Amazon introduced the Prime membership program in the United States in 2005,…

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Dry bulk shipping stocks poised to jump Given all the focus on trade between the US and China, it is…

Freight rates on VLCCs and Suezmazes move up Freight rates have risen over the last quarter on VLCCs and Suezmaxes.…

Crude Oil Exports Hit Europe Aframax Rates; VLCCs Cut Clean Tankers Demand US crude oil exports to the Mediterranean and…

Speculators Creates Waves In The Asian Bulk Carrier Market Despite the global economic recovery that is keeping shipping demand high…

Container Shippers And Lines Battle Over Emergency Bunker Fuel Surcharges Several of the world’s largest container shipping companies have imposed…

China planning more US coal imports to cut deficit China is considering a plan to buy more American coal as…

Capesize market’s downside momentum looks to be slowing down The Capesize index has broken support and is now in a…

Panamax index looking bearish The Panamax index is now on the lower range support and at major Fibonacci level. Technically…

Shipping industry braces for new sanctions on Iran The US decision to reinstate sanctions on Iran over its nuclear program,…

Baltic index falls on broad retreat The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk…

First-ever independent audited benchmark for container shipping For the first time ever the global container shipping industry will have an…

Dry bulk FFA: panamax in bearish territory Price action in the Panamax index has now entered bearish territory on the…

Shipping fuel costs to spike 25pc in 2020 on Sulphur Cap Global shipping fuel costs are likely to rise by…

Slow and steady recovery for container shipping The outlook for the container shipping market in 2018 and 2019 is a…

Greek shipping fleet hits all-time high mark Ongoing tax issues and economic woes at home have failed to slow the…

Asian ports face $49 billion climate adaptation costs Protecting Asia-Pacific ports against climate change could cost up to US$49 billion,…

Challenges loom for marine fuel change Enforcement may determine demand for low-sulfur maritime fuels required under regulations that take effect…

The digital imperative in container shipping The time has come for the container-shipping industry to join the digital revolution. Digital…

Better days ahead for VLGC shipowners A slowdown in fleet growth should begin the recovery cycle from the second half…

Clean tankers: platts east of Suez LR2 market steadies The East of Suez LR2 tanker market was steady Wednesday following…

Volume growth steady for US ports US ports are positioned for another solid year of growth, though the Trump administration’s…

Mexican port posts historic high volume Mexican major port container volume increased 12.2 percent year on year to 6,375,338 million…

Strong capesize, panamax rates push baltic index higher The Baltic Exchange’s main sea freight index rose on Wednesday for the…

Container market still competitive With nearly 400 different vessel operators plying their trade worldwide there is plenty of competition and…

NWE, Persian Gulf ULSD vessels change course on less attractive US arbitrage Vessels heading to the US and Caribbean with…

Port of Shanghai again breaks record lifting its 40 millionth TEU Shanghai International Port Group reached a record breaking 40…

2018 seen tough for cargo shipping With more than 220 cargo ships scheduled for delivery in 2018, realizations of container…

Shipping confidence at highest level for three-and-a-half years Shipping confidence held steady at its highest rating in the past three-and-a-half…

Largest automated container terminal in Shanghai China started trial operations of the world’s biggest automated container terminal, the Shanghai Yangshan…

EUROPE BILLIONAIRES IN SHIPPING SPENDING SPREE A shopping spree by two European billionaires is shaking up a shipping industry still…

SHIPPING CONFIDENCE HITS 3-YEAR HIGH Shipping confidence reached its equal highest rating in the past three years in the three…

SHANGHAI PORT STARTS 2017 WITH A 12PC SURGE China’s busiest port, Shanghai, handled 3.3 million TEU in January, a 12.2…

TANKER ORDERING ACTIVITY PICKS UP, ALBEIT AT SLOW PACE Newbuildings are still hard to come by in today’s market. However,…

STRONG SEASON LIFTS CRUDE OIL TANKERS From a crude oil market perspective, 2016 can be summed up as “eventful”. In…

CAPESIZE MARKET KEEP STRUGGLING The beleaguered dry bulk market has now entered its third year of crisis, in what could…