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News
Low Rhine River Water Level is Taking its Toll in Ship Traffic
The low water level of one of the main fuel distributions artery, the Rhine River, is causing significant disruption. In…
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News
Dry Bulk Market: Capesize Segment Edged Higher This Week
Capesize After a slow beginning to the week, the Capesize market experienced a surge on Wednesday with a rise of…
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Drewry: Container Equity Index Up 10.4% in July
Container shipping equities have started recovering after significant declines in 2Q23, anticipating an uptick in demand with the peak season’s…
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Dry Bulk Market: Japan’s Iron Ore Demand Keeps Retreating
Iron ore demand from Japan have been steadily falling over the past few years, even before the pandemic and so…
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INTERCARGO warns against complacency as liquefaction remains greatest contributor to deaths in dry bulk sector
Cargo liquefaction still remains the greatest contributor to loss of life associated with bulk carrier losses while grounding remains the…
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Economic Resilience Tempered By Persistent Challenges
The International Monetary Fund’s (IMF) latest World Economic Outlook (WEO) update in July paints a picture of near-term resilience amid…
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Maersk-backed SunGas Renewables to build US$2Bn green methanol plant
Maersk and SunGas agreed the LoI covering the production of green methanol from multiple facilities to be developed by SunGas…
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Dry Bulk Market: Russia’s Exit from the UN Black Sea Grain Initiative Will Have an Impact on Market
The dry bulk market will be effected by Russia’s exit from the UN Black Sea Grain Initiative. In its latest…
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Emissions insights could cut EU-mandated carbon costs of shipping by 50%
LSEG (London Stock Exchange Group) and Siglar Carbon, a maritime emissions analytics company, have announced an agreement to enable customers…
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News
Crude oil flows from AG to China have been fluctuating at a lower level since the last peak in mid-April
In the last days of July, the outlook for crude oil freight rates showed signs of weakness as the growth…
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