News Flash

Nakilat, one of the world’s largest Liquefied Natural Gas (LNG) fleet operators achieved a net profit of QAR 775 million...

A blistering rally in rice export prices from top Asian hubs showed no signs of letting up this week, as...

Saudi Arabia will extend a voluntary oil output cut of one million barrels per day for another month to include...

Iron ore futures slumped on Thursday on fresh concerns about China’s steel production curbs and recovery prospects for the struggling...

The Baltic Exchange’s main sea freight index .BADI edged higher on Thursday, buoyed by an uptick in panamax vessel rates....

Container xChange is closely monitoring the severe flooding caused by torrential rains and the remnants of Typhoon Doksuri in China....

Seanergy Maritime Holdings Corp., announced yesterday its financial results for the second quarter and six months ended June 30, 2023....

Asia’s cash differential for 380-cst high sulphur fuel oil (HSFO) spiked to a 16-month high on Wednesday, as bids continued...

Iraq exported about 106.75 million barrels of crude oil in July, generating 8.29 billion U.S. dollars in revenue, the country’s...

The United States has been told that Russia is prepared to return to talks on a deal that had allowed...

Oil exports from Russia’s Baltic ports, Primorsk and Ust-Luga, were set at 1.6 million tonnes for August 1-10, down from...

HD Hyundai, which has an unrivaled presence in the world marine engine market, has further strengthened its position with the...

Phillips 66 (NYSE:PSX) reported a sharp fall in second-quarter profit on Wednesday, the latest U.S. refiner to bear the brunt...

The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, snapped a five-session winning streak...

Diana Shipping Inc., a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, yesterday reported...

Greek factory activity expanded in July for the sixth month in a row, as output and new orders grew and...

Chinese ministries, regulators and the central bank on Tuesday pledged more financing support to small businesses, suggesting an urgency among...

U.S. product supplied of crude and petroleum products, a proxy for demand, rose to 20.78 million barrels per day (bpd)...

Dalian iron ore futures edged up slightly on Tuesday, while Singapore iron ore futures fell with the market responding cautiously...

Ocean Yield AS is pleased to announce that it has agreed to purchase four LR1 product tankers, to be constructed...