News Flash

China eliminated the 13% export tax rebate on the popular feedstock for biofuels-used cooking oil (UCO) on 1 December 2024,...

Reference is made to the stock exchange announcements on 1 October and 16 December 2024, regarding the conversion of debt...

Russia’s exports of liquefied natural gas (LNG) increased by 3% in 2024 to exceed 32 million tonnes with around a...

The Suez Canal has successfully tested a new lane that allows ships to travel in both directions along a 10-km...

Singapore is investing further in its infrastructure, processes and workforce to solidify its position as a trusted regional cargo centre....

Samsung Heavy Industries has announced its decision to outsource the construction of four Suezmax tankers (crude oil carriers) to Chinese...

China eliminated the 13% export tax rebate on the popular feedstock for biofuels-used cooking oil (UCO) on 1 December 2024,...

HJ Heavy Industries announced on Dec. 30 that it has obtained design concept approval for an 88,000㎥ class very large...

Multiple recent incidents involving undersea cables in the Baltic Sea were unlikely to be a coincidence, Annalena Baerbock said. She...

Last week, the UP World LNG Shipping Index (UPI) outpaced the S&P 500, gaining 2.46% as the broader market rose...

Asia’s fuel oil markets began the week with slow trading momentum, with traders remaining cautious on forward demand-supply fundamentals and...

After a four-year hiatus in exports, Western Marine Shipyard, one of the country’s leading shipbuilders, is set to export at...

Mitsui O.S.K. Lines, Ltd. announced that it has decided to introduce a special incentive program to provide group employees with...

A high-level Indian delegation visited HD Hyundai Heavy Industries (HD HHI)’ shipyard in Ulsan, South Korea, on Dec. 3, marking...

A Norwegian shipping company on Friday rejected an accusation from Dmitry Medvedev, deputy chairman of Russia’s Security Council, that it...

Concerns are growing that global maritime traffic will decrease due to tariff barriers and heightened protectionism based on America First...

Samsung Heavy Industries is a super-sized ethanol carrier (VLEC) worth 742.2 billion won with ship owners in Asia. It announced...

Centuries-old international maritime law has to be updated to outlaw damage to undersea infrastructure such as cables and pipelines, the...

Yemen’s Houthi rebels claimed a drone attack on a Maersk container ship in the Arabian Sea on Dec. 27, stoking...

A ship-to-shore data connection seems to have been compromised. Do you pull the plug right away or wait for more...