Fujairah fuel oil stocks drop to 15-week low. Heavy distillate and residue inventories at the port dropped by 2.7% to 13.795 million barrels. VLSFO prices at Fujairah changed little over the week to...

Renewable ammonia could eventually power 30% of the global maritime fleet. Green ammonia would have a cost similar to today’s compliant oil-based bunkers. Report estimates the cost of today’s conventional ammonia already comparable...

Baltic index at 4-week high on higher supramax demand. The capesize index eased 2 points, or 0.1%, to 2,400. The panamax index slipped 5 points, or 0.3%, to 1,819. The supramax index rose...

Normal trade operations struggle to resume with the coronavirus-induced restrictions.  Regular crew change process now turned a lengthy, complicated and a costlier process. Charterers demand "no crew-change" clause. Operations affected as crew change...

Undeterred by the pandemic Hapag-Lloyd records a net profit of $287m in the second quarter of the year in contrast to the $56m profit for the same period of 2019. In terms of...

Japan P & I Club released a P & I Loss Prevention Bulletin, volume number 40 in September 2017.  The prevention bulletin deals with the case study concerning collision, engine trouble and oil spill...

HMM St. Petersburg is the last 24,000 TEU vessel of 12 super-large ships built as part of South Korea’s five-year plan to rebuild the country’s shipping industry.  The vessel is about 400 meters...

China gets back at a faster pace with its economy building up quite impressively. The industrial output rises by 4.8% in the month from a year earlier, the same as in June, but...

Martin Bird has joined LQM as a client services executive and support LQM's offices globally. He has helped the credit risk team to grow the business and manage client relationships. Martin will be...

Yang Ming contributed a profit of $18.6m despite a 15% reduction in container liftings. The profitability was thwarted by a $21m loss in its dry bulk sector. It brought a consolidated net loss...