Niche ocean carrier Atlantic Container Line is warning the fines the U.S. government is considering hitting Chinese-built freight vessels with would force it to leave the United States and throw the global supply chain out of balance, potentially fueling freight rates not seen since Covid. “This...
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Advanced Shipping & Trading – WEEKLY SHIPPING MARKET REPORT WEEK 13, 2025
Kotoku Kaiun committed their Newcastlemax “Global Commander” 207/2010 Universal, Japan (SS 06/2025, DD 01/2026) to Chinese interests at region USD 32 mill Source: Advanced Shipping & Trading S.A.
HSFO: Cash differentials fall, window activity muted
Asia’s high sulphur fuel oil (HSFO) cash differentials ended the week in losses with no deals at the Singapore window for five trading sessions. The 380-cst HSFO cash premium traded at $14.55 a metric ton on Friday. The very low sulphur fuel oil (VLSFO) cash differential fell to a discount of $1.17...
https://www.hellenicshippingnews.com/hsfo-cash-differentials-fall-window-activity-muted/
VHBS New ConTex Container Ship Time Charter Assessment Index Week 13
There are no major developments in the chartering market compared to the last couple of weeks. The market in general is stable. Source: Verband Hamburger und Bremer Schiffsmakler e.V
Weak Capesize Demand Drags Baltic Index To Weekly Loss
The Baltic Exchange’s main sea freight index fell on Friday, marking its second straight weekly decline, weighed down by weaker capesize rates. The main index, which tracks rates for capesize, panamax, and supramax shipping vessels, dropped 19 points, or 1.2%, to 1,602. It also posted a 2.5%...
https://www.hellenicshippingnews.com/weak-capesize-demand-drags-baltic-index-to-weekly-loss/
France and Spain inflation data, ECB survey bolster case for rate cuts
Inflation in March came in far below forecasts in two of the euro zone’s largest economies, data showed on Friday, while consumer expectations for price growth remained muted, bolstering bets for another European Central Bank rate cut. The ECB has cut interest rates six times since June and markets...
Middle East Crude-Dubai, Murban up on week; Oman falls
Middle East crude benchmark spot premiums of Dubai and Murban rose on Friday and recorded weekly increases, while that of Oman fell. Top oil exporter Saudi Arabia may lower its crude prices for Asian buyers in May to a three-month low, tracking the steep declines in benchmark prices this month,...
https://www.hellenicshippingnews.com/middle-east-crude-dubai-murban-up-on-week-oman-falls/
World’s First Commercial-Use Ammonia-Fueled Tugboat Completes Three-Month Demonstration Voyage: GHG emissions reduced by up to 95%
The world’s first commercial-use ammonia-fueled vessel, Sakigake, has successfully completed a three-month demonstration voyage, during which the vessel engaged in tugboat operations in Tokyo Bay and achieved a GHG-emission reduction of up to approximately 95%. The vessel was completed by Nippon...
Brazil’s soybean crop seen at record 172.1 mln T after Agroconsult crop tour
Brazilian farmers are expected to reap a record 172.1 million metric tons of soybeans in the 2024/2025 season, agribusiness consultancy Agroconsult forecast on Thursday after a nationwide crop tour of 13 states that began in January. The new estimate is higher than the 171.3 million tons seen on...
IMO policy progress in April 2025 to influence vessel strategic fuel choices
The maritime industry is at a critical juncture with clarity expected from the international regulator that will influence long-term energy transition decision-making. Ricardo’s total cost of ownership modelling can assist vessel owners with their strategic fuel choices. Within the EU, there is...