S&P Platts - Shipping

Star Bulk -- one of the largest dry bulk shipping companies -- will start buying biofuels to power its fleet to comply with a new EU regulation from next year, …

The US State Department announced Nov. 14 that the US would impose sanctions on 26 companies, individuals, and vessels associated with Al-Qatirji Co., a business alleged to be facilitating the …

More shipping operators have returned to the Red Sea but a full-scale recovery at the Suez Canal is "not yet on the horizon," AD Ports Group said Nov. 12. Not …

More than 50 stakeholders across the shipping value chain have signed a Call to Action at the UN Climate Change Conference to accelerate the adoption of zero-emission fuels, including the …

Freight rates in the West African Suezmax segment have softened to near the troughs seen in Q3 2024, with sources pointing to weaker cargo inquiry levels, a significant overhang of …

Weak shipping rates across the global LNG market have helped widen US arbitrage opportunities to Asia despite narrow cross-basin spreads and relatively depressed demand, sources said. Not registered? Receive daily …

Led by the US, Western governments have tightened sanctions on Russia, Iran and Venezuela amid escalating geopolitical conflicts, often targeting the countries' oil exports to choke off their main revenue …

The share of G7-linked crude tankers in Russia rebounded to a seven-month high in October, supported by recent Russian crude weakness as their operators found trade opportunities without breaching the …

Term contractual supply of November-loading barrels of Singapore ex-wharf low sulfur marine gasoil, with 0.1% sulfur, were inked at differentials of around minus $1/b against benchmark FOB Singapore 10 ppm …

More than 141,000 barrels to arrive in Santos by Nov 25 Gasoline coming from Russia totaling 141,100 barrels are expected to arrive in the Brazilian port of Santos over the …

Asian crude importers remain unconcerned about OPEC+ members extending their production-cut strategy. Refiners in Japan, South Korea and Thailand can consistently secure ample US and various Latin American barrels, prioritizing …

Ruling expected in 2025 from ICJ in The Hague At just one kilometer long, the tiny West African island of Mbanie might seem an unlikely focal point for a bitter …

Buyers look to local producers amid prolonged delays for delivery in Uruguay Shipping delays from US impact purchases of PP, PE, PVC in Brazil: traders One month after the three-day …

British Columbia ports head toward a lockout Nov. 4 as negotiations between the International Longshore and Warehouse Union Local 514 and the British Columbia Maritime Employers Association come to a …

Rates for Very Large Crude Carrier voyages loading in West Africa have so far failed to mount a sustained recovery from the lows experienced during the summer months of 2024, …

The Canadian fertilizer was bracing for a port worker strike in British Columbia to begin Nov. 4, with market participants and local companies saying Nov. 1 that they expected sulfur …

The Nov. 5 US presidential elections are seen as decisive for the country’s agriculture, with the new president set to take office amid low commodity prices and falling farm incomes. …

Israeli Defense Forces struck fuel depots in northeastern Lebanon on Oct. 30 as part of its attack on Hezbollah in Baalbek, according to media reports. Not registered? Receive daily email …

A second Donald Trump presidency could push up tanker rates in the Middle East and the US Gulf while ushering in great uncertainty over Russia-related trades, some analysts recently said …

Israel launched strikes against targets in Iran following the crude futures close late Oct. 25. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now Crude …

East Mediterranean LNG prices have sunk lower against European gas and LNG weak demand in the prompt coupled with weaker shipping market helped to dampen premiums, sources said. Not registered? …

A growing number of tankers involved in Iran and Venezuela's illicit oil trade appear to be swapping their cargoes off West Africa, according to ship tracking data, as the US …

The resumption of attacks on merchant ships in Ukrainian ports threatens 1% of global dry bulk cargoes and risks a rise in food prices, shipping body BIMCO said Oct. 23. …

Brazilian sources and local media reported that approximately 60,000 port workers across Brazil went on to strike Oct. 22 for 12 hours, from 7 am to 7 pm local time. …

Less carbon-intensive to keep old ships than build new ones Further measures to reduce fuel consumption -- rather than switching to new, more sustainable fuels -- is the preferred course …

The Supramax segment in the Continent and Baltic Sea regions endured a trading week that remained weak, mainly caused by fewer cargoes, which led to subdued levels for the week …

LNG freight rates have plummeted to multiyear lows in the week ended Oct. 18, approaching operational expense thresholds and prompting a bleak outlook among market participants. Not registered? Receive daily …

Dutch shipping company Amasus has returned to bound4blue to order another suction sail system, poised to be the largest of its kind to be installed on a general cargo ship, …

This is the second of a three-part series on LNG sanctions evasion and the emerging shadow fleet and focuses on masking of cargo origins and use of fraudulent documentation in …

Libya's crude exports recovered to normal levels in the week to Oct. 16, according to tanker tracking data, as flows from a key western port finally restarted following the resolution …

The UK government said Oct. 17 it has blacklisted 22 oil and LNG tankers involved in Russian energy trade, in its "largest package of sanctions to date" against shadow tankers. …

Ammonia's bunkering potential is rising as engine technology and supply chains develop, and as the ammonia carrier fleet expands, reflecting a surge in global trade, senior executives from Navigator Holdings …

Marine energy demand will fall in the long run if the International Maritime Organization provides more policy incentives to reach its net-zero target by 2050, the International Energy Agency said …

Continued unloading and processing delays at US East Coast ports due to the longshoremen's strike earlier in October has left West Coast South America agricultural product and seafood exporter hesitant …

Sales of bonded bunker fuel oil at the key North Asian bunkering hub Zhoushan fell 7.9% month on month to 601,900 metric tons in September, according to data compiled Oct. …

Six ships on US sanctions list sail to China in Sep The latest US sanctions on Iran, in response to its missile attacks on Israel, are expected to tighten crude …

Global tanker freight rates are expected to be subdued for the rest of 2024 because of slower growth in China's oil consumption and overall oil trade even as OPEC+ has …

Natural gas prices for the UK NBP month-ahead contract have climbed to a robust premium versus Europe's benchmark, the Dutch TTF hub, as market participants eye higher temperature-related winter demand …