LATEST ARTICLES

West Africa VLCCs See Increased Interest Despite Market Lull

Crude Oil East VLCCs in the AG have faced a rather uneventful week. Charterers looked to cover the remaining 3rd decade stems, however, the tonnage list...

Container Shipping Costs To Europe Surge 45% In One Month

The costs for maritime export containers bound for Europe in June notably increased by 44.6 percent compared to the previous month.Rise in shipping costs Amid...

LNG Bunker Snapshot: Steep drop In Rotterdam Amid Lower Delivery Costs

LNG bunker prices have dropped alongside falling delivery margins in Rotterdam and weaker summer demand in Singapore. Changes in weekly LNG bunker prices:Rotterdam down...

Biofuel Bunker Snapshot: Singapore’s B24 Premium Over VLSFO Widens

Singapore Singapore’s B24-VLSFO UCOME price has declined by $4/mt in the past week, while its B24-LSMGO UCOME price fell by $15/mt. The two bio-bunker prices...

 Innovative Ship Hull Cleaning Solution Expands To Singapore With 2.51m GBP Investment

It is a climate and environmental problem that ship hulls need to be cleaned more often and gently. After being granted a growth loan...

TORM Grows Fleet To 96 Vessels With Strategic Trades

TORM Acquires Eight MR Vessels for $340m in CashOn 15 July 2024, TORM agreed to acquire eight second-hand MR vessels that are expected to...

Drewry: 58 Cancelled Sailings Across Major East-West Trades

Drewry's weekly analysis for 12 July 2024 tracks cancellations across major East-West headhaul trades: Transpacific, Transatlantic, and Asia-North Europe & Med. A total of...

Shippers Catch A Break With Steady Spot Rates

Peak Season Stability in Freight Rates This week, the freight rate levels on the major east-west container trades remained flat as the third-quarter peak season...

Ningbo Containerised Freight Index Weekly Summary

The Ningbo Containerised Freight Index (NCFI) provides a weekly composite index covering the rates for 20ft, 40ft, and Hi Cube containers. This index is...

Diana Shipping Inc. Enters Time Charter Contract with Cargill International for m/v Atalandi

Diana Shipping Inc. (NYSE: DSX), a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, announced that a wholly-owned...