Asia Fuel Oil-VLSFO cash premium extends drop to seven-week low
Cash premium for very low sulphur fuel oil slipped further to a seven-week low in Asia on Monday as lower-priced offers emerged. The premium dropped to $3.44 a metric ton, extending declines to…
Baltic index climbs to more than 2-month high on firm vessel rates
The Baltic Exchange’s dry bulk sea freight hit a more than two-month high on Monday, on robust demand across all vessel segments. The overall index .BADI, which factors in rates for capesize, panamax…
Baltic index logs weekly gain on strong vessel rates
The Baltic Exchange’s dry bulk sea freight index strengthened to hit an over two-month peak on Friday and posted a weekly gain, as rates across all vessel segments pushed higher. The overall index,…
Only grain ships from Black Sea and for Iran still crossing Red Sea, analysts say
Grain ships originating from the Black Sea or bound for Iran are about the only ones still sailing through the Red Sea as Houthi militants continue to attack vessels in the area, analysts…
Russia’s Sakhalin Energy offers 12 term LNG cargoes a year to Chinese buyers
Russia’s Sakhalin Energy is offering 12 LNG cargoes a year to Chinese buyers for a term period of three to five years starting August, industry sources said. The price of the tender, which…
Baltic index logs weekly gain on sturdy capesize and supramax rates
The Baltic Exchange’s dry bulk sea freight index rose to an over one-month high on Friday and logged a weekly gain, as rates across the capesize and supramax segments pushed higher. The overall…
Yemen’s Houthis say ship attacked in Gulf of Aden may sink
Yemen’s Houthi militants said on Monday they had attacked another cargo vessel in the Gulf of Aden which was at risk of sinking, raising the stakes in their campaign to disrupt global shipping…
Baltic index climbs to over one-month high on sturdier vessel rates
The Baltic Exchange’s dry bulk sea freight index hit a more than one-month high on Monday, as climbing rates across all vessel segments pushed prices higher. The overall index, which factors in rates…
Nakilat wins multiple orders from QatarEnergy – How do potential returns stack-up?
In a significant development in the LNG shipping market, QatarEnergy selected Nakilat to own and operate up to 25 conventional LNG vessels Nakilat would be the owner and operator of these LNG vessels…