China’s coal imports from Russia rose 13% in October from the same month a year earlier despite sanctions on Moscow, customs data showed on Wednesday. The October figure was 8.24 million metric tons, down slightly from 8.33 million tons in September and the lowest...

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Spot premiums for high sulphur fuel oil (HSFO) dipped on Wednesday amid a backdrop of heavy supply arrivals, while the market structure weakened at the prompt trading months. Singapore cash premium for 380-cst HSFO was pegged at $12.75 a metric ton, reflecting a...

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The Global Conference on Naval Architecture and Ocean Engineering (G-NAOE) 2024, co-hosted by Lloyd’s Register (LR) and The Society of Naval Architects of Korea (SNAK), convened in Southampton this month to explore the latest advancements in sustainable ship...

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Debate at the highest level is a key reason why London International Shipping Week is such a ‘must attend’ event for the shipping industry. Ranging from the Headline Conference at the iconic IMO Headquarters, to the hundreds of events across central London, almost...

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The shipbuilding supercycle is expected to continue next year, with projections indicating that domestic shipbuilders’ order volume will exceed $50 billion (approximately 70 trillion won). Particularly, with large-scale container ship orders from Asian shipping...

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The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, dropped on Monday, dragged down by losses across all vessels. The index, which factors in rates for capesize, panamax and supramax shipping vessels, dropped...

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