News Flash

Labor unions of Korea’s shipbuilders criticized the government and their employers, for trying to overcome a shortage workers in the...

The Port Commission of the Port of Houston Authority held its regular meeting on Tuesday, June 27. During the meeting,...

U.S. field production of crude oil fell in April to 12.615 million barrels per day (bpd), its lowest since February,...

Ongoing Eid holidays and a serious lack of tonnage have meant a much quieter week in the ship-recycling industry, as the...

The fifteenth Intersessional Working Group on Greenhouse Gases (ISWG GHG 15) that concluded today, is the final working group meeting...

LR2 MEG LR2’s have fluctuated up and down this week as the region has had to deal with the Eid...

Capesize Throughout the week, the Capesize market experienced mixed dynamics. Monday began with a relatively active start as the major...

Surging Chinese oil demand, a lingering war in Ukraine, record-low order book and robust crude trade flows have led to...

Schedule reliability for the global container shipping industry continues its rebound from the depths of the delays in 2021 and...

Ten days after India announced its intention to give Vietnam a warship, the 32-year-old missile corvette Kirpan officially departed for Vietnam on...

The importance of harmonized implementation of “Fit for 55” proposals and more particularly AFIR, as a means to guarantee a...

Next week, the 80th meeting of the IMO’s Marine Environment Protection Committee (which focuses specifically on climate and environmental challenges...

The shipping industry is undergoing a transformative shift towards sustainability and the International Maritime Organization (IMO) is set to adopt...

The U.S. dollar’s share of currency reserves reported to the International Monetary Fund rose in the first quarter of the...

Cash differentials for fuel oil held steady in Asia amid thin trade on Friday, while onshore inventories climbed at key...

Russia saidon Friday it saw no reason to extend the Black Sea grain deal beyond July 17 because the West...

The Baltic exchange’s main sea freight index .BADI recorded its worst week in four on Friday dragged by a retreat...

Global trade remained in the doldrums during the second quarter as China’s post-lockdown rebound proved slower than expected and was...

Mitsubishi Shipbuilding Co., Ltd., a part of the Mitsubishi Heavy Industries (MHI) Group, and Nippon Yusen Kabushiki Kaisha (NYK Line)...

deepC Store (“dCS”) has submitted the CO₂ supply specification for CStore1, dCS’s floating CCS hub project, developed with carbon capture...