News Flash

The tanker market will keep on… shipping fossil fuels for a long time, despite the looming peak oil demand scenario,...

Industry leaders have been told achieving environmental targets in ocean freight shipping requires major efforts and investments. The reminder came...

The Drewry Crude Tanker Equity Index has been largely on an uptrend since early July. The index jumped 10.6% in...

The Maritime Remanufacturing Network (MRN) is proud to announce that it has begun its first project: the remanufacturing of a...

From January to September of 2023, the cargo volume of Chinese ports was 12540.2 million tons, a year-on-year increase of...

Ocean Yield AS is pleased to announce that it has agreed to acquire a 2016-built Suezmax tanker with an 8-year...

We would like to inform our customers that due to persistent congestion in Dakar Terminal and to preserve schedule integrity,...

The alternative Black Sea export corridor will continue to function despite all threats, Ukraine President Volodymyr Zelenskiy said on Friday....

The Baltic Exchange’s dry bulk sea freight index, tracking rates for ships carrying dry bulk commodities, snapped its seven-week long...

Capesize The week in the capesize market concluded with a continued trend of declining rates. In the Pacific region, despite...

This study explores the role of shore power in decarbonizing maritime transportation in the European Union (EU) based on two...

Dalian and Singapore iron ore futures were subdued on Thursday amid worries that Chinese demand for the steelmaking ingredient will...

Start of the Shell-backed 14 million mt/year LNG Canada project in 2025 will provide the impetus for new investments in...

The U.S. economy grew at its fastest pace in nearly two years in the third quarter as higher wages from...

Australian miner Fortescue on Thursday reported a 3% drop in its quarterly iron ore shipments because of increased maintenance and...

Airseas, a provider of wind propulsion systems for the maritime sector, has announced that its latest sea trials have revealed...

The cash premium for 0.5% very low sulphur fuel oil (VLSFO) edged lower for an eighth consecutive trading day, while...

The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, fell to a one-month low...

The Xeneta Summit has heard the ocean freight shipping industry will find new ways of working together in the face...

Container ships have reached their highest average age yet at 14.2 years, the highest average age of the three main...