News Flash

Asian spot liquefied natural gas (LNG) prices were down this week but remained 33% up from its lowest level in...

Russian President Vladimir Putin June 24 faced down an attempted military insurrection by mercenary warlord Evgeny Prigozhin but the attempted...

Maritime nations including Denmark and the Marshall Islands are rallying support for a global carbon dioxide emissions levy on shipping,...

 The number of “green” ships ordered is growing in size, as the industry is beginning its long journey towards decarbonization....

The tanker market’s medium-term momentum remains positive after the latest round of reports. In its latest weekly report, shipbroker Gibson...

India’s crude oil imports in May rose 2% from a year earlier, government data showed on Friday, on sustained buying...

MEG LR2’s remained stable for the majority of the week with inklings of an upturn as we head towards the...

As the UN Climate Ambition Summit scheduled for UN General Assembly’s High Level Week in September fast approaches, it has...

A deep-sea submersible carrying five people on a voyage to the century-old wreck of the Titanic was found in pieces...

Asia’s fuel oil market held steady on Thursday, while onshore inventories in Singapore fell after a three-week build. Weekly residual...

The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commodities, hit a more than...

  Russia is 99.9% certain to evacuate a U.N.-brokered deal on the safe wartime passage of Black Sea grain next...

On 19 June 2023, the Port of Rotterdam Authority signed a contract with Boskalis for the construction of around 40...

U.S. crude oil refining capacity has reversed two years of decrease and mounts up by more than 100,000 barrels, to...

  “K” Line Port Service Co., Ltd., a group company of Kawasaki Kisen Kaisha., Ltd. (“K” LINE), conducted a demonstrative...

Methanol comes out as a potential alternative bunkering fuel for shipping. When generated from sustainable hydrogen and CO2 by direct...

RINA has been awarded Approval in Principle (AiP) for a green retrofit package solution planned by the innovative naval architecture...

The Panama Canal will widen restrictions on the largest ships crossing the waterway, one of the world’s hard-pressed trade passages,...

Everyone knew the container shipping boom would end — it was a one-off spike driven by a pandemic and government...

As the first in the shipping industry, A.P. Moller – Maersk (Maersk) will retrofit an existing ship to a dual-fuel...