Category: News
March 17, 2025
News
Week 11 Updates: ISM Coasters and Mini Bulkers Insights
The Supramax and Ultramax shipping markets in the East Coast of South America (ECSA) are currently experiencing a lack of…
March 15, 2025
News
Asia Distillates: Active trading persists; April refiner sales come at discounted rates.
Asia’s middle distillates market wrapped up the week with active trading in the window. However, refiners have set April spot…
March 15, 2025
News
Iron Ore Approaches Two-Week High Amid Strong Demand and China Stimulus Expectations
Iron ore prices surged on Friday, reaching their highest levels in nearly two weeks, driven by steady demand and growing…
March 15, 2025
News
Indian Refineries Seek Latin America, Africa Oil to Offset Russian Imports in February, Data Reveals
In February, Indian refiners increased their crude oil imports from Latin America and Africa, seeking alternatives to Russian oil due…
March 15, 2025
News
Approval in Principle Granted for Basic Design of Large Ammonia Carrier by Classification Society
Mitsubishi Shipbuilding Co., Ltd., a division of the Mitsubishi Heavy Industries (MHI) Group, has successfully partnered with Mitsui O.S.K. Lines,…
March 15, 2025
News
March 14 Inventory and Port Pick-Up Volume for Iron Ore
As of March 14, SMM data reported that the total inventory of iron ore at 35 ports stood at 141.17…
March 15, 2025
News
Fuel Availability Forecast for the Americas: Insights and Trends
North America is seeing stable bunker fuel availability across all grades in Houston, with recommended lead times of less than…
March 15, 2025
News
Kazakhstan Increases Oil Exports Through Baku-Tbilisi-Ceyhan Pipeline in February 2023
Kazakhstan has increased its oil exports through the Baku-Tbilisi-Ceyhan (BTC) pipeline, achieving a notable rise of 38% in February compared…
March 15, 2025
News
Russia’s Novak Predicts Increased Oil Demand During Upcoming Driving Season
According to Russia’s Deputy Prime Minister Alexander Novak, global oil demand is expected to increase in the coming months as…
March 15, 2025
News
February Sees Increased Trade Activity at the Port of Long Beach
In February, trade through the Port of Long Beach experienced a significant rise for the ninth consecutive month. This surge…