A new design for an ammonia floating production storage and offloading (FPSO) unit that features onboard carbon capture technology for blue ammonia production has received approval in principle (AIP)...
Drewry’s World Container Index decreased 2% to $3,364 per 40ft container this week. Our detailed assessment for Thursday, 30 January 2025 The Drewry WCI composite index decreased 2% to...
Asia’s hi-5 fuel oil spread crunched to its narrowest in over five years, based on LSEG data, as the market for very low sulphur fuel oil (VLSFO) continued to...
Reported Standalone quarterly numbers for Great Eastern Shipping Company are: Net Sales at Rs 878.50 crore in December 2024 down 11.81% from Rs. 996.18 crore in December 2023. Quarterly...
The following is a summary of business conditions including revenue and ordinary profit/loss per business segment. (A)Dry Bulk Business The Capesize bulker market rates remained firm in October and...
Northwest Europe Prompt supply of HSFO is still tight in the ARA hub, a trader said, recommending lead times of 5-7 days for full coverage from suppliers. VLSFO and...
The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, snapped a thirteen-day losing streak on Friday, supported by strong rates across...
January closed with weakening momentum in the dirty freight market, as the growth rate of demand tonne-days has yet to support a notable recovery. However, there are encouraging signs...
McQuilling Services is pleased to announce the release of its 28th anniversary edition, 2025-2029 Tanker Market Outlook. This 183-page report provides a detailed analysis of oil fundamentals, global economic...
With uncertain commercial environments for alternative bunker fuels amid tightening environment regulations, some shipowners with conventional vessel orders are planning to defer the decision on which fuel to use...
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