The European Commission has proposed an overhaul of the EU Emissions Trading System (ETS) that would bring certain vessels as small as 400 gross tonnage (GT) in scope. Under the current system, covered vessels of 5,000 GT and above must monitor and report their...

Iranian crude flows to Singapore rose sharply in July following a temporary reopening of the Strait of Hormuz in late June and a brief US sanctions waiver on Iranian oil trade. Iranian crude arrivals at ship-to-ship transfer areas near Singapore reached 36.2 million...

The Baltic dry index decreased 1 point to 2,670 on Tuesday, following a 2.9% fall on Monday The panamax index, which usually carry 60,000 to 70,000 tons of coal or grain, dropped 2.1% to 2,181. Also, the supramax index went down 0.5% to 1,730, its first decline since...