News Flash

Oil freight rates from Russia’s Baltic ports to India are up some 50% since last week as more shipowners quit...

Russia’s seaborne diesel and gasoil exports fell by 20% to about 1.1 million metric tons in the first 15 days...

The strength in Asian naphtha took a sharp dip at the start of the trading cycle for H1 December delivery...

Saudi Aramco 2223.SE can ramp up oil production within weeks as global consumption is set to rise to a fresh...

U.S. oil output from top shale-producing regions is set to fall for a third month in a row in November...

Persistent transit limitations at the Panama Canal and an easing of the Russian diesel export ban, together with a focus...

The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, rose on Monday, supported by...

Swiss marine power company WinGD will deliver ammonia-fuelled X-DF-A engines for a series of two 46,000m3 LPG/ammonia carriers to be...

Wars and pandemics — geopolitical and global health crises causing widespread suffering and death — have the side effect of...

As the International Association of Dry Cargo Shipowners (INTERCARGO) publishes its Annual Review taking in the highs and lows of...

Asia’s fuel oil refining cracks fell on Monday even though crude oil prices edged lower as the market waits to...

Saudi Arabia’s crude oil exports in August hit their lowest level in 28 months as they fell for a fifth...

As part of its bid to attract more women into the maritime sector, Columbia Group has launched a mentoring programme...

Sea, the intelligent marketplace for fixing freight, has announced a strategic partnership with Spot Ship to integrate its AI email...

Asia’s 10-ppm sulphur gasoil margins kicked off the week at an almost two-week high, tracking gains in the futures market...

Asian spot liquefied natural gas (LNG) prices climbed $1 this week despite muted demand, tracking European gas prices, on concerns...

Russian crude oil and product exports rose in September by as much as 460,000 barrels per day, the International Energy...

A severe drought is disrupting barge traffic on the Tapajos river in the Amazon rainforest, shipping agencies told clients this...

China’s daily pig iron and crude steel output for Sept. 21-30 decreased 4.3% and 3.1% from Sept. 11-20 to 2.335...

When Patritsia Zigou first heard the news about the Chinese company’s takeover of the Greek Piraeus Port, she found herself...