RMG 380 fuel oil & bunker market intelligence
RMG 380 coverage
Transportation, bunker delivery, freight, tankers, ports and supply-chain developments.
Greek owner Enesel has ordered a new Newcastlemax vessel, bringing its total dry bulk newbuilding orders to nine as it re-enters the sector after a year's absence.
· RMG380 Newsroom · 2 min read
CMA CGM has delayed the implementation of its Low Water Surcharge for cargo transiting the Panama Canal from South America's west coast, as further restrictions are anticipated.
· RMG380 Newsroom · 2 min read
The Baltic Dry Index, a key indicator for shipping costs of dry bulk commodities, increased by 79 points to reach 3,186 points, according to Hellenic Shipping News.
· RMG380 Newsroom · 2 min read
Spot pricing for container shipping on the Asia-US East Coast trade route experienced a slight decrease this week, following a period of significant growth, according to industry indices.
· RMG380 Newsroom · 2 min read
Himalaya Shipping has converted two index-linked newcastlemax charters to fixed rates, securing an average of $53,000 per day and extending its rate coverage into 2027.
· RMG380 Newsroom · 2 min read
A leading figure in the shipping industry suggests that markets might be underestimating the potential for a prolonged conflict involving Iran, which could keep shipping through the Strait of Hormuz risky and costs elevated.
· RMG380 Newsroom · 2 min read
Singapore's Deputy Prime Minister and Trade Minister stated the city-state will not support using its trade and logistics infrastructure to bypass tariffs, addressing US allegations.
· RMG380 Newsroom · 2 min read
Shipping traffic through the Strait of Hormuz continues to be significantly reduced, even after efforts to clear international shipping lanes, according to OilPrice.com.
· RMG380 Newsroom · 2 min read
A consortium of European and Canadian shipowners has placed an order for four new product tankers with China Merchants, expanding the Vinga series to 26 vessels.
· RMG380 Newsroom · 2 min read
Data from Pole Star Global indicates that a Tanzanian-flagged tanker, recently seized by Somali pirates, had a consistent pattern of vanishing from vessel tracking systems for prolonged durations.
· RMG380 Newsroom · 2 min read
South Africa's Supreme Court of Appeal recently affirmed the arrest of the mv Haralambos, a ruling with significant implications for evidence assessment and burden of proof in associated ship arrests.
· RMG380 Newsroom · 2 min read
Ardmore Shipping has exercised options for two additional handysize product and chemical tankers at China's Wuhu Shipyard, bringing its total newbuilding program to six ships.
· RMG380 Newsroom · 2 min read
Danish companies manufacturing maritime equipment and propulsion systems are exploring opportunities in India, following the Indian government's announcement of a significant support package and ambitious goals for its maritime sector.
· RMG380 Newsroom · 2 min read
Vanuatu has made progress in establishing a Maritime Single Window (MSW) following a national seminar, aiming to streamline information exchange for ships calling at its ports.
· RMG380 Newsroom · 2 min read
Four shipowners from Sweden, Norway, and Canada have placed orders for four new VINGA product tankers, expanding the Furetank-developed series to 26 vessels.
· RMG380 Newsroom · 2 min read
