Weekly Bulk Report – Week 27, 2021

Activity in the Atlantic basin has been stronger over the past week, which will need impetus in pushing this market to new highs. The...

Red Rock Power and Eni Teamup for Scotwind

Energy companies combine their expertise to strengthen the ScotWind proposition and collaborate on future projects. The partnership will maximize opportunities to transition the...

Japan’s Inpex Receives Carbon-neutral LNG from Ichthys

Japan’s oil and gas producer Inpex has received its first carbon-neutral LNG cargo from Australia’s Ichthys LNG project, says a press release published on...

Cory’s Fleets To Run On Biofuel

Cory's fleet of tugs will run on biofuel, says a press release published on their website. Major step in decarbonizing The move follows successful trials...

Foreign Flagged Ships Detained in the UK During June 2021

The Maritime and Coastguard Agency (MCA) announced that four foreign flagged ships remained under detention in UK ports during June 2021 after failing port...

EEX Launches Dry Freight Index Showing Cost of Carbon

German energy exchange EEX on Monday launched a zero-carbon freight index (ZCFI) which combines the bourse’s dry freight and emission permits prices to show...

Belships Sells Oldest Supramax Bulk Carrier

Norwegian owner Belships has sold its oldest supramax bulk carrier Belfri to Chinese bulker operator Jinhui Shipping and Transportation for $15.18m, says an article published...

Price Surge Threatens Chances of Sustained Energy Demand Recovery

Platts Analytics expects Dated Brent to ease toward $66/b by year end Platts WIM at $13.029/MMBtu July 9, up nearly $4 from two...

Orkim Tankers To Be Fitted With Thordon’s COMPAC System

China’s Fujian Southeast Shipyard has delivered four in a series of five new product tankers ordered by Malaysia’s Orkim Sdn Bhd, says a press...

Baltic Index Unchanged, Capesize Up By 35 Points

The Baltic index was steady on Monday as lower rates for the panamax vessel segment offset gains in the capesize index, reports Yahoo Finance. Baltic...