U.S. crude oil exports to northwest Europe are likely to slip early next year after hitting a record high in November, as the arbitrage for transatlantic shipments has slammed shut and freight rates have climbed, analysts said this week. The spread between U.S. West...

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In recent decades, Asia has emerged as the epicentre of the shipbuilding industry, thanks to its strategic location and the capital- and labour-intensive nature of the trade. While Europe was the birthplace of shipbuilding, the construction of large deep-sea vessels...

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In the fourth instalment of our six-part series uncovering the FuelEU Maritime Regulation, we examine the steps required to achieve compliance with the regulatory requirements and review how the adjustment mechanisms of borrowing, banking and pooling work. COMPLIANCE...

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As we approach 2025, the global container and shipping industry is at a challenging crossroads. Geopolitical changes, new environmental requirements and market fluctuations are shaping the industry’s future, while opening doors to new opportunities. Lars Jensen, CEO...

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Rates for shipping containers from east Asia and China to the US surged this week as importers pulled volumes forward ahead of the possible restart of the US Gulf and East Coast port strike and anticipated tariff hikes under the incoming Trump Administration. Rates...

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Russia held its position as the top seller of crude oil to China in November while Saudi Arabia overtook Malaysia as the second biggest supplier due to lower-priced Middle East oil, official data showed on Friday. Volumes from Russia – including pipeline and seaborne...

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