News Flash

Airseas, a provider of wind propulsion systems for the maritime sector, has announced that its latest sea trials have revealed...

The cash premium for 0.5% very low sulphur fuel oil (VLSFO) edged lower for an eighth consecutive trading day, while...

The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, fell to a one-month low...

The Xeneta Summit has heard the ocean freight shipping industry will find new ways of working together in the face...

Container ships have reached their highest average age yet at 14.2 years, the highest average age of the three main...

Bunker Holding and NeoGreen Hydrogen Corp. announce the signing of a Memorandum of Understanding to collaborate on the operations, logistics,...

Bank lending across the euro zone came to a near standstill last month, European Central Bank data showed on Wednesday,...

Asia’s spot high sulphur fuel oil (HSFO) market has sunken back into a discount this week as bearish factors weighed....

The International Energy Agency has not started any discussions on oil stock releases but member countries have asked its secretariat...

ABS is joining Mencast Marine (MMPL), the Singapore University of Technology and Design (SUTD), and the National Additive Manufacturing Innovation...

Dalian iron ore futures hit five-week highs on Wednesday and the Singapore benchmark rose for a third straight day, buoyed...

Asia’s middle distillates markets slipped for a second straight session as weakness in the gasoil futures and paper swaps market...

The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, fell to a three-week low...

U.S. crude oil stockpiles jumped last week as refinery utilization dropped, whilegasoline inventories posted a surprise build, the Energy Information...

U.S. soybean exporters have recently seen less action than usual from top customer China, though the two parties signed a...

Iron ore futures climbed more than 3% on Tuesday as Beijing was seen preparing an additional sovereign debt issuance as...

Euro zone business activity took a surprise turn for the worse this month as demand fell in a broad-based downturn...

For the second consecutive month, Port of Los Angeles cargo volume increased compared to 2022. The Port handled 748,440 Twenty-Foot...

Asia’s middle distillates markets softened mostly against a backdrop of thinning spot trading liquidity and softer ICE gasoil futures, though...

Russian nuclear agency Rosatom said on Tuesday it has set up a joint venture with Dubai’s DP World to develop...