News Flash

Container shipping rates for key global routes have soared this week, with U.S. and UK air strikes on Yemen stirring...

Marine fuel sales at world’s leading bunkering hub in Singapore hit a record high last year, official data showed on...

India plans to set up its own protection and indemnity (P&l) entity—the India Club—for providing insurance to ships operating in...

A.P. Moller-Maersk will use trains to avoid the drought-hit Panama Canal for some of its vessels, the Danish shipping giant...

The global supply chain is feeling the fallout from Iran-backed Houthi rebels attacking vessels in the Red Sea. Freight prices...

Negotiations are underway, including on attracting NATO ships to ensure the safety of civilian shipping to the ports of Ukraine,...

The Baltic Exchange’s dry bulk sea freight index slumped on Thursday for the fourth straight session, due to declines across...

Global economic growth will remain “resilient” this year after a stronger-than-expected 2023, the International Monetary Fund said on Thursday, but...

Iron ore futures prices recouped losses on Thursday, after falling for five straight sessions, helped by the latest support for...

The Global bunker market continued its recovery in 2023 with a moderate correction downwards following the peak values of 2022....

Maersk Tankers has acquired Penfield Marine to create a large-scale crude and product tanker company offering pool partners and cargo...

The fuel oil market in Asia remained at the risk of downside as of Thursday, while onshore stockpiles at key...

Chinese refiners asked for less Saudi crude oil for February, people with knowledge of the matter said on Thursday, even...

Tightening fleet capacity, lingering geopolitical conflicts and robust US crude exports are expected to boost tanker freight in 2024 despite...

Nippon Yusen Kaisha (NYK), the major Japanese shipping company and among the world’s largest owners and operators of LNG carriers,...

Cash premiums for fuel oil were rangebound in single-digit premiums in Asia, though a rare trade for 180-cst high sulphur...

The Baltic Exchange’s dry bulk sea freight index fell on Tuesday to a nearly seven-week low in its worst showing...

Russia has lifted duties linked to the rouble-dollar exchange rate on most coal exports, according to a decree published on...

Platts, part of S&P Global Commodity Insights, assessed the first-quarter premium for imported primary aluminum at $90/mt plus London Metal...

Two Indian state refiners are seeking to boost imports of Saudi crude oil after the kingdom cut the official selling...