India impulsa nueva línea naviera nacional Bharat Line para fortalecer su autosuficiencia marítima
Operará 51 portacontenedores con una inversión de US$6.800 millones en rutas regionales y con planes de expansión global
Baltic Index Hits Over Three-Week High, Ends Week Firmer
The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commodities, rose to an over three-week high on Friday and recorded a weekly gain, supported by improved rates across all vessel segments. The main index, which tracks rates for capesize, panamax and supramax shipping vessels, rose 41 points, or 2%, …
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Structural Market Shifts, Not Just Barrels, Powering the Dirty Rally
Structural Market Shifts, Not Just Barrels, Powering the Dirty Rally Crude freight markets are experiencing a surge, which available data suggests is not solely attributable to extended voyages or an oversupply of crude. Elevated tonne-days versus lower tonne-miles reveal a market constrained by structural inefficiencies, including vessel rerouting, compliance delays, and sanction-related reshuffling, which …
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Diverging supply environment drives clean, dirty tanker rates: International Seaways
Entering the fourth quarter, oil markets will begin to see the global uptick in production finally hitting the water, according to executives at International Seaways, who have observed a divergence in supply-side factors driving clean and dirty tanker freight rates. “We have not seen the full scope of what could be on the water soon,” …
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Dry bulk’s looming divide
The prevailing positive sentiment within the dry bulk market may lead to misguided optimism in 2026 and beyond, according to a Clarksons analysis. At last month’s Baltic Dry FFA Forum in Geneva, Louisa Follis, director and head of dry cargo analysis at Clarksons, intentionally addressed dry bulk supply dynamics ahead of her demand analysis to …
New LNG Carrier Elisa Halcyon Delivered to EDF
A new liquefied natural gas (LNG) carrier, Elisa Halcyon, ordered by France LNG Shipping SAS* from Hyundai Samho Heavy Industries in Korea, was completed and delivered on October 31. The vessel will be chartered on a long-term basis (up to 20 years) to EDF LNG Shipping SAS for LNG transportation under the ship management of …
Two tankers with Russian oil drop anchor at sea in sign sanctions hit sales
Two tankers carrying around 1.5 million barrels of Russian Urals crude have dropped anchor at sea on either end of the Suez Canal, in an apparent sign of the difficulty Moscow is having selling oil after Western sanctions were tightened last month. The vessels Sikar and Monte 1 were both loaded with oil from Russia’s …
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Commission unveils nearly €3bn to scale up green fuels for aviation and maritime transport
The plan to step up financing for sustainable fuels in shipping and aviation by 2027 comes as the bloc is falling short of decarbonising heavy transport by 2050. The European Commission announced a €2.9 billion plan to scale up investments in green fuels by 2027 to curb carbon dioxide emissions from aviation and maritime transport, …
MAST, Incubated by MOL Incubation Bridge, Launches the Industry’s First Neutral Trading Platform for Spot Air Cargo
Mitsui O.S.K. Lines, Ltd. (MOL; President & CEO: Takeshi Hashimoto) today announced that MAST Ltd. (President: Tomohiro Takahashi; Head Office: Minato-ku, Tokyo), established through the MOL Incubation Bridge (Note 1), has launched “Umbrair,” the first neutral and equitable common trading platform for the spot air cargo market (Note 2). MAST has been working toward commercialization …
Asia Fuel Oil Markets close in range-bound discounts
Asia’s spot market differentials for key fuel oil grades closed in range-bound discounts from the previous session, with several trades emerging for 380-cst high sulphur fuel oil (HSFO) at similar values from the previous day. Active trading prevailed on Friday for the 380-cst grade at discounts of $6 per metric ton to cargo quotes. Meanwhile, …
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