Overview

Oil, gas and dry cargoes are being shipped all over the world every day. With seaborne transportation comes exposure to shipping costs. Be it via direct cost or through the prices of feedstocks or finished products, a freight factor is always there. Highly sensitive to market shifts, geopolitics and regulations, freight is a complex and volatile part of every trade.

To manage this exposure, industry participants, from producers and traders to government agencies and financial institutions rely on our freight data for contracts, pricing formulas, analytics and arbitrage tracking.

Argus Freight consists of three dedicated services, covering trade flows for tankers, dry bulk and gas markets. Each service provides daily freight indexes, industry-specific news, market analysis and exclusive content. This enables you to connect the dots between commodity prices and shipping costs, giving you a complete view of the supply chain.

Latest freight news


To unearth the true insights needed to make confident decisions, you need access to data, price assessments and analytical tools to manage freight risks.

Ameropa taps Zacharias to serve as CEO


24/04/15
24/04/15

Ameropa taps Zacharias to serve as CEO

Houston, 15 April (Argus) — Swiss agribusiness Ameropa has tapped fertilizer subsidiary head Josh Zacharias to serve as chief executive starting today. Zacharia succeeds former chief executive William Dujardin, who resigned 30 November for personal reasons after nearly four years in the role. Zacharias was promoted from chief executive of Ameropa's subsidiary Azomures, a nitrogen fertilizer producer in Romania. Send comments and request more information at feedback@argusmedia.com Copyright © 2024. Argus Media group . All rights reserved.

Singapore, Rotterdam advance 'green' shipping corridor


24/04/15
24/04/15

Singapore, Rotterdam advance 'green' shipping corridor

Singapore, 15 April (Argus) — The Singapore-Rotterdam Green and Digital Shipping Corridor (GDSC) is accelerating its decarbonisation efforts with new partners, and is advancing initiatives to encourage the uptake of sustainable marine fuels. The world's two largest marine fuel hubs established the Singapore-Rotterdam GDSC in August 2022, in a push for maritime decarbonisation and digitalisation between the ports. There are 26 global value-chain partners in the GDSC initiative including fuel suppliers, shipping lines, knowledge partners and financial entities. German container shipping line Hapag-Lloyd is the latest partner in the Singapore-Rotterdam trade lane, committing to operate large container vessels on zero and near-zero carbon emission fuels. Hapag-Lloyd is the world's fifth-largest liner shipping firm with at least 260 ocean-going vessels, according to the Maritime and Port Authority of Singapore (MPA). GDSC working groups will also pilot the uptake of sustainable marine fuels — like bio-methane, methanol, ammonia, and hydrogen — and test out commercial structures to reduce cost barriers in switching to alternative fuels. This includes a bio-methane working group that is studying regulations and standards to support adopting the fuel for marine bunkering on a commercial scale. GDSC partners also plan to carry out bio-LNG bunkering pilots over 2024-25, based on a mass balancing chain of custody principle. A methanol working group is working on fuel standards and knowledge exchange, in addition to addressing common challenges to carry out commercial methanol bunkering at Singapore and Rotterdam. And an ammonia working group is developing a framework to assess the lifecycle greenhouse gas intensity of green ammonia for bunkering, to be completed by 2025. Improvements to digitalisation have also been made as part of the GDSC initiative, with Singapore and Rotterdam successfully piloting an exchange of port-to-port data. Both ports will be able to exchange vessel arrival and departure times for port planning, and ships travelling between Singapore and Rotterdam can also optimise their port call voyage. The maritime sector is pushing towards a more resilient and efficient energy transition, and participants have pointed out that collaboration between countries and stakeholders would be key to green shipping corridors . The GDSC is a "very valuable collaboration in accelerating the twin transition: the integration of digital innovation in energy transition efforts," said chief executive officer of Port of Rotterdam Authority (PoR), Boudewijn Siemons. "Not only are we seeing the first results in standardization and data sharing for Port Call Optimization but also the first steps in moving towards operationalization of zero and low carbon fuels on this trade lane." Progress on the GDSC development also reflects that "public-private collaboration across global value chains can be achieved," said MPA chief executive Teo Eng Dih. By Cassia Teo Send comments and request more information at feedback@argusmedia.com Copyright © 2024. Argus Media group . All rights reserved.

Japanese firms target ammonia-fuelled bulk carrier


24/04/11
24/04/11

Japanese firms target ammonia-fuelled bulk carrier

Tokyo, 11 April (Argus) — A group of Japanese companies plan to work with Germany-based engine manufacturer MAN Energy Solutions in developing an ammonia-fuelled bulk carrier. Shipping firms Kwasaki Kisen Kaisha (Kline) and NS United Kaiun, trading house Itochu and vessel engineering firms Nihon Shipyard and Mitsui E&S signed an initial agreement on 10 April to develop a pilot 200,000dwt-class bulk carrier equipped with an ammonia-fuelled engine. The vessel will be used to collect data for building future commercial ships. Kline said it is unsure when the pilot vessel will be commissioned and when it will begin operating the ammonia-fuelled bulk carriers. The companies are also currently unsure how much ammonia will be needed for voyages. MAN Energy Solutions and Mitsui E&S will develop the ammonia-fuelled engine, Nihon Shipyard will build the vessel, while Itochu, Kline and NS United Kaiun will manage the ship to collect operating data. Itochu will also be in charge of sharing ammonia supply chain-related information. Japanese shipping firm NYK Line, engine developers IHI Power Systems and Japan Engine, Nihon Shipyard and Japanese classification society Class NK are also attempting to build an ammonia-fuelled ammonia carrier , targeting a commissioning in 2026. By Nanami Oki Send comments and request more information at feedback@argusmedia.com Copyright © 2024. Argus Media group . All rights reserved.

April-May maintenance to close Australian coal systems


24/04/10
24/04/10

April-May maintenance to close Australian coal systems

Sydney, 10 April (Argus) — Australian rail firm Aurizon will close the 50mn t/yr Blackwater coal system in Queensland over 13-17 April for maintenance, with further closures scheduled for May. The firm, which operates the Central Queensland Coal Network (CQCN), confirmed that it plans to close its 60mn t/yr Goonyella system during 1-3 May, its 15mn t/yr Moura system for 14-16 May and Blackwater again during 27-29 May, as part of an annual planned maintenance programme. The only CQCN system not included in the maintenance programme is the 15mn t/yr Newlands system. Blackwater and Moura deliver coal to the port of Gladstone from the southern end of the Bowen basin. Goonyella delivers to the adjacent ports of Dalrymple Bay Coal Terminal, which is a multi-user facility, and BHP-operated Hay Point from the central Bowen basin. Newlands delivers to Abbot Point from the northern Bowen basin. Aurizon, Pacific National, BHP and some smaller coal haulage operators use the CQCN. Aurizon is targeting a 5pc year-on-year growth in coal haulage by its fleet across the CQCN and New South Wales/southern Queensland in the 2023-24 fiscal year to 30 June. This implies a target of 194mn t for 2023-24. It hauled 94mn t during July-December, leaving it a target of 100mn t for January-June. By Jo Clarke Send comments and request more information at feedback@argusmedia.com Copyright © 2024. Argus Media group . All rights reserved.

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