News Flash

South Korean major shipbuilder Hanwha Ocean, formerly known as Daewoo Shipbuilding & Marine Engineering, has won its first LNG tanker...

Russia’s defence ministry said on Tuesday it had thwarted attacks by Ukrainiansea drones onits navy and civilian ships in the...

Asia’s cash differential for high sulphur fuel oil (HSFO) jumped sharply on Tuesday as strong bids emerged, though headwinds loomed...

The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, rose for a fifth straight...

PT Pertamina International Shipping (PIS), through its branch office in Dubai, PIS Middle East (PIS ME), has achieved another success...

Drewry expects the global pool of container equipment to contract by 2% in 2023 as trade growth remains weak and...

seaborne crude oil flows keep on changing, with China having recently emerged as major buyer of US crude oil. In...

The ongoing rally in the broader S&P is fuelled by the bullish bets placed on the technology stocks, while high...

Refining margins for high sulphur fuel oil (HSFO) closed the final trading day of the month at more than one-year...

Iron ore futures edged up on Monday after Chinese authorities announced measures to increase consumption, although a sluggish manufacturing sector...

West coast dock workers in Canada and their employers’ association reached a settlement agreement on Sunday night, the parties said...

Ukraine and Croatia have agreed on the possibility of using Croatian ports on the Danube and the Adriatic Sea for...

Repeated rainfall has raised water levels on the river Rhine in Germany, with much of it back or close to...

The Baltic Exchange’s main sea freight index gained on Monday, posting its second straight monthly gain, supported by an uptick...

A union representing longshoremen was within its rights to sue an association of shipping companies to stop their vessels from...

OCI Global (Euronext: OCI) and X-Press Feeders have announced that OCI Hyfuels will supply XPress Feeders with green methanol in...

Platts Forties sulfur de-escalator was assessed July 25 at its lowest value since June 2022, as record strength in sour...

French shipping group CMA CGM expects container freight demand to improve from next year but the group’s profits will continue...

Clean The BCTI finished the week at 671, up from 610 the previous week. In the Middle East Gulf freight...

Pyxis Tankers Inc is expected to show a fall in quarterly revenue when it reports results on August 7. The...