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India bunker fuel demand falls in July on weather disruptions, supply issues

India’s bunker fuel market faced significant supply disruptions in July as adverse weather conditions and barge availability constraints curtailed volumes at key west coast...

Danish shipyard rejects EU Parliament’s calls to refuse maintenance of Russian LNG carriers

A shipbuilding company in Denmark has rejected calls by the members of the EU Parliament to refuse undertaking maintenance and repairs of Russian-linked LNG...

World container rates rebound

The Drewry World Container Index (WCI), the benchmark widely referenced by procurement teams, rebounded after three consecutive weeks of decline, edging up 1% to...

Xeneta Weekly Ocean Container Shipping Market Update: Spot rates split sharply this week

Spot rates split sharply this week: up 14% into the US West Coast while Asia to Europe falls 5%. Peter Sand on Hormuz transits...

Beier Integrated Systems Shares Changes in Executive Management

Beier Integrated Systems announced the following changes to its Executive Leadership Team. Karl Beier will transition from his current role as President and Chief Executive...

AI trade boom offsets Middle East conflict

The WTO said that world goods trade remained remarkably resilient despite mounting geopolitical tensions and disruptions to shipping routes through the Strait of Hormuz,...

I livelli del fiume Reno continuano a scendere, toccando un nuovo minimo storico assoluto

Water levels on the river Rhine in Germany fell to new lows on Thursday, the country’s inland navigation agency said, increasing problems and costs...

Unsafe conditions delay Romania’s Danube barge sinking plan to save nuclear reactor

Romania delayed plans to sink four rock-filled barges into the Danube until Friday citing unsafe conditions, as the race tightens to divert water from...

Squeezed by shipping risks, Singapore sees oil inventories drop again

Oil product stockpiles held in Singapore, Asia’s key fuel trading hub, extended declines as residual fuel and middle distillates inventories both fell, government data...

Dark Tanker Transits Dominate Hormuz Since 14 July

Of all transits, 56% were operated by non-transparent interests, comprising 29 sanctioned fleet vessels, 17 under opaque ownership and 11 ghost fleet vessels, while...
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