International Shipping News

The Baltic Exchange’s main sea freight index, which monitors rates for vessels moving dry bulk commodities, fell for the seventh straight session on Thursday, weighed down by lower demand for capesize vessels. The main index dropped to its lowest point since June 3, shedding 9 points, or 0.6%, to 1,434 points. The capesize index slipped ...

In our recent report on how bauxite exports from Guinea are driving capesize demand, we explored how surging demand for bauxite from China has led to the aluminium ore overtaking coal as the second-largest capesize-shipped product. This report provides an update and gives a short-term outlook on how the wet season on Africa’s West coast ...

In a step toward advancing the development of floating nuclear power plants (FNPPs), ABS, CORE POWER and Athlos Energy have formed a consortium to evaluate the potential of positioning the platforms to meet the energy demands of islands, ports and coastal communities in the Mediterranean Sea. The group will research how FNPPs can potentially unlock ...

Ship traffic in shallow areas, such as ports, can trigger large methane emissions by just moving through the water. The researchers in a study, led by Chalmers University of Technology in Sweden, observed twenty times higher methane emissions in the shipping lane compared to nearby undisturbed areas. Despite the fact that methane is a greenhouse ...

Spot discounts for Asia high sulphur fuel oil (HSFO) widened further on Thursday, while onshore inventories at Singapore piled higher amid ample supply. Inventories rose for a second week as imports remained strong, led by an uptick in Nigeria and Brazil cargo inflows, latest data showed. More offers also emerged for the 180-cst grade on ...

Registrations are now open for Sailors’ Society’s 2025 Wellness at Sea Conferences for cadets, ratings and trainees. This year, the four regionally based virtual events – ‘Safe, seen, supported – seafaring in a changing world’ – will focus on connectivity at sea and how it is shaping and influencing seafarers’ lives. It will also examine ...

Around the Middle Eastern bunker hub of Fujairah, July’s term contract for ex-wharf marine fuel 0.5%S barrels was seen mostly concluded around $6-$8/mt to the benchmark FOB Singapore Marine Fuel 0.5%S cargo values, traders said July 2, with its steady valuations persistently weighing on downstream margins. For July’s supply of term contract ex-wharf marine fuel ...