News Flash

Empty containers are piling up at major ports around the world as slowing economies weigh on shipping demand. In the...

COSCO Shipping International F83 0.55% is expecting to report a net loss in the FY2022 ended December with a “significant...

Brussels-headquartered data and analytics group Kpler has bolstered its presence in the maritime space with the acquisition of ship tracking...

Cyprus is speaking to other European Union member states to shore up support for the shipping industry hit by sanctions...

Russian diesel is still in play along various trade routes despite G7 and EU price caps that started Feb. 5,...

Clean In the Middle East Gulf, LR2s have been leading the charge this week with consistently firming sentiment throughout. TC1...

Capesize There was an overriding negative sentiment in the sector this week as the Cape 5TC average fell from $4,432...

The current situation in the global shipping industry is complex, as container rates are experiencing a significant decline, with contract...

The VLCC tanker market could see an upward trend, thanks to increased demand from China. In its latest weekly report,...

Meghna Group will inaugurate four of its ships at the Patenga Terminal on that day and a bulk carrier named...

Visitors to Nor-Shipping, 6-9 June 2023, will be able to get “a taste of the USA”, as the Oslo and...

DB Schenker is expanding its green ocean freight services and has secured an arrangement to use 12,000 metric tons of...

Up to 20,000 whales die in ship collisions every year, according to sustainable seafood and fisheries certifier Friend of the...

Negotiations will start in a week on extending a U.N.-backed initiative that has enabled Ukraine to export grain from ports...

The European Union is preparing new sanctions against shipping company SUN Ship Management Ltd, which helps Moscow with illicit oil...

Asia’s spot cash premiums and refining margins for 0.5% very low sulphur fuel oil (VLSFO) ended at a month’s low...

Phoenix International Holdings, Inc.’s (Phoenix) commercial ship husbandry division recently responded to a call from a 330-meter tanker that suffered...

Refined product sanctions coming into play offer new destinations for Russian diesel with changing trade flows, according to a presentation...

While pockets of resilience might be emerging, the International Monetary Fund predicts that the global economy will slow further in...

MR secondhand sales have dominated the Tanker sale and purchase sector so far this year, accounting for 35% of Tanker...