News Flash

Swiss marine power company WinGD has seen key parameters in line with expectations during early testing of its new X-DF-A...

Exporters this week jostled to load and ship cargo from Shenzhen’s Yantian Port, one of the world’s largest container ports,...

DNV has signed a Memorandum of Understanding (MoU) with HD Hyundai Mipo (HMD) and HD Korea Shipbuilding & Offshore Engineering...

Asia’s very low sulphur fuel oil (VLSFO) market weakened on Friday, while trade sources eyed lukewarm bunker demand this week....

Drewry’s World Container Index decreased 11% to $3,445 per 40ft container this week. Our detailed assessment for Thursday, 23 January...

The United States has clarified to India that tankers loaded with Russian oil have to discharge by Feb. 27 under...

Sources from at least two major oil tanker companies said Jan. 24 that their fleets have yet to resume transits...

Freight rates for Russian ESPO Blend oil loading from the Far Eastern port of Kozmino have jumped fivefold amid a...

Asia’s high sulfur fuel oil refining margins have surged to a 17-month high, driven by limited prompt availability and expectations...

The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, fell on Friday...

Danelec, a leader in maritime digitalization and performance optimization, has collaborated with maritime technology intelligence firm Thetius to publish a...

HD Korea Shipbuilding & Offshore Engineering, the intermediate holding company of HD Hyundai specialized in shipbuilding, signed its first order...

The maritime industry is experiencing a pivotal shift, with the rising recognition that soft skills are just as critical as...

Spot fuel oil premiums were little changed on Thursday, while onshore inventories at Singapore edged up to a four-week high....

Ahead of World Customs Day 2025, the shipping, logistics, and trade industry has issued a joint statement calling for customs...

This initiative aims to identify skills gap emerging from the digital and green transition and discuss the shortage of maritime...

Over the 04th week, the MABUX global bunker indices continued a moderate upward movement. The 380 HSFO index increased by...

Industry coalition SEA-LNG has published its annual ‘View from the Bridge’ report, highlighting 2024 as another year of growth for...

The 2021 Suez Canal blockage resulted in a loss of nearly $89 million for the shipping company Maersk Line. This...

In one of the first instances of an oil tanker transporting Southeast Asia-bound crude through the Suez Canal following the...