News Flash

The City of Yokohama, Mitsubishi Gas Chemical (MGC) and Maersk have signed a Memorandum of Understanding (MoU) for the development...

Dalian iron ore futures ended 2023 with 55.1% jump, driven by stimulus measures in China, while the contract rose on...

The Indian Register of Shipping (IRS) has made significant progress throughout the year 2023. The organisation has successfully ventured into...

Freight rates for Very Large Crude Carrier voyages loading in West Africa have fallen to near their lowest levels since...

China has set itself the goal of producing more than half of the world’s shipspowered by cleaner fuels by 2025,...

The rise in freight rates, as a result of the crisis in the Red Sea, is expected to incentivize owners...

A Panama-flagged bulk carrier that was headed to a River Danube port to load grain hit a Russian mine in...

Debris has washed up on beaches along Denmark’s North Sea shoreline after a Maersk container ship lost boxes overboard during...

Asian owners have been more active in the newbuilding market during the Festive period. In its latest weekly report, shipbroker...

Nekkar’s subsidiary Techano Oceanlift has been awarded a contract by Sefine Shipyard to deliver an offshore crane to a newbuild...

India has deployed missile destroyers in the Arabian Sea following the drone attack on a chemicals tanker off its west...

Fuel cells are ready to take on the heavy lifting of decarbonisation. There is a new generation of marinised, powerful,...

Asian spot liquefied natural gas (LNG) prices hit their lowest level in over four months this week on strong inventories...

Dalian iron ore futures rose for the fourth straight session and recorded their best day in two months on Friday,...

Re-routing ships around Africa and away from the Suez Canal following attacks on commercial vessels in the Red Sea adds...

Global retailers selling apparel, household staples and white goods face bigger risks from disruptions in freight movement through the key...

The Panama Canal Authority said on Thursday it has not seen a notable traffic increase due to thesituation in the...

Germany’s Hapag-Lloyd joined rivals on Friday in announcing surcharges for cargo it transports to and from the Middle East, following...

Spot fuel oil premiums eased slightly on Friday, while Kuwait’s KPC recently sold high sulphur fuel oil (HSFO) from its...

LNG freight rates out of the US Gulf Coast have fallen to their lowest levels since August as a lack...