Puerto San Antonio: Refuerzan coordinación para aumentar la seguridad en accesos viales
Comité de Coordinación de Organismos Públicos desarrolló una reunión clave para avanzar en esta materia
Puerto Valparaíso solicita ampliación de plazo para evaluación ambiental del proyecto Terminal 2
Espera entregar las respuestas el 3 de diciembre del próximo año
Baltic index drops to 10-month low as rates across segments dip
The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, fell to more than a 10-month low on Friday, logging its second straight weekly loss, as rates across all vessels declined. The index, which factors in rates for capesize, panamax and supramax shipping vessels, fell 65 points to …
Baltic index drops to 10-month low as rates across segments dip Read More »
Dry Weekly Market Monitor: Capesize Market
This week’s highlight delves into the evolving dynamics of Capesize ballasters in the South Atlantic and West Australian markets. Notably, the C3 Tubarão-to-Qingdao route has yet to experience a rate rebound, despite a recent decline in the number of ballasters. The end of November marked a significant downturn in dry bulk freight rates, with the …
A new era of trade uncertainty
Moody’s latest Global Macro Outlook 2025-2026 paints a sobering picture of the global economy. While the short-term outlook appears stable, the long-term trajectory is uncertain, primarily driven by potential shifts in US domestic and international policies. The global economy has shown resilience in recovering from the disruptions of the past few years. Falling interest rates …
Singapore’s Dec term ex-wharf HSFO premiums narrow amid adequate stockpiles
The Singapore ex-wharf 380 CST high sulfur fuel oil term contracts for December’s supply were mostly concluded at premiums of around $7-$13/mt against benchmark FOB Singapore 380 CST HSFO cargo values, traders said Nov. 29, amid healthy supply. In comparison, HSFO ex-wharf barrels for November-loading were mostly signed at premiums around $8-$15/mt, with more deals …
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Traders using STS transfers near Senegal to export Russian naphtha to Brazil, data shows
Traders are using ship-to-ship loadings near the Senegalese port of Dakar to handle Russian naphtha exports to Brazil, market sources said and LSEG data shows. Since a full European Union embargo on Russian oil products went into effect in February 2023, the bulk of Russia’s naphtha has been redirected elsewhere. Loadings to larger vessels help …
Traders using STS transfers near Senegal to export Russian naphtha to Brazil, data shows Read More »
“K” LINE Held Global IT Conference 2024
Kawasaki Kisen Kaisha, Ltd. (“K” LINE) held a global IT conference in mid-November with the goal of promoting its digital transformation (DX) strategy and strengthening security. 21 IT/DX specialists from 11 countries and regions representing major bases of “K” LINE’s global network came to Japan for a conference attended by a total of 42 people, …
Asia Fuel Oil-Hi-5 spread narrows more than 20% versus last week
Asia’s hi-5 fuel oil spread narrowed by over 20% week-on-week, reflecting a weaker market for very low sulphur fuel oil (VLSFO) while high sulphur fuel oil (HSFO) held its ground. The premium of VLSFO over 380-cst HSFO, also known as the hi-5, fell to $87.15 a metric ton on Friday, showed LSEG data at Asia …
Asia Fuel Oil-Hi-5 spread narrows more than 20% versus last week Read More »
ADNOC, Jiangnan Shipyard, and DNV celebrate delivery of first large-scale Mark III Flex LNG Carrier in China
The Abu Dhabi National Oil Company (ADNOC), Jiangnan Shipyard (Group) Co., Ltd., and classification society DNV, celebrated the naming and delivery ceremony of China’s first large-scale Mark III Flex membrane LNG carrier, the 175,000 cbm, Al Shelila. The first of a six-vessel series, this landmark delivery is one of the most innovative vessels ever constructed …