New record shaping up for 2024 Northern Sea Route transits
But abundance of sea ice could see early end called on non-ice-class traffic for this year
Aquavita shaves money off Diana Shipping post-panamax bulker charter
Greek charterer keeps Phaidra period deal running at lower rates
Scale of container ship charcoal fires revealed as industry reveals new safety plans
Lightweight burning fuel frequently mis-declared to avoid bureaucracy and cost for shippers
Stolt-Nielsen a good bet as crude and product tankers swing back to own markets
Clarksons Securities sees reversal of cannibalisation trend as good news for chemical carriers
Fed’s steer as important for markets as policy action: McGeever
Fed’s former Federal Reserve Chair Ben Bernanke used to quip, “monetary policy is 98% talk and only 2% action.” Perhaps…
Opec decision to focus on market share tipped to create six-figure VLCC frenzy
Strong market could last two years, Jefferies analyst Omar Nokta says
Oaktree cuts Torm stake after finding buyer for latest big share chunk
US private equity giant likely to have banked around $120m
Russia’s Sovecon cuts 2024/25 wheat export forecast on bad weather
Agricultural consultancy Sovecon cut its 2024/25 Russian wheat export forecast to 47.6 million metric tons from 48.1 million tons due…
India’s Sept palm oil imports hit 6-month low on price rise, dealers say
India’s palm oil imports in September fell by nearly a third compared to the previous month, hitting a six-month low…
Japan top buyer of LNG from Russia’s Sakhalin 2, Ifx reports
Japan is currently the biggest importer of liquefied natural gas (LNG) from Russia’s Sakhalin 2 plant accounting for 57.5% of…