News Flash

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...

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...