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India is now the third biggest importer of crude oil, with a market share of 11% of global crude oil...

Highlights Strong operating revenues of USD 162.1 million (+14% YOY) and EBITDA of USD 127.0 millionAdj. EBITDA excl. non-recurring items...

Russia said on Wednesday it would only agree to extend the Black Sea grain deal, which allows grain to be...

Asia’s high sulphur fuel oil (HSFO) market extended further gains on Thursday amid a flurry of bidding activity, while the...

Global Healthcare specialist VIKAND, has added two additional Medical Directors to strengthen its clinical leadership team to support its growing...

A sunken Philippine tanker carrying 800,000 litres (210,000 gallons) of industrial fuel oil has leaked some of its cargo into...

With import demand flagging, freight rates falling, the container ship orderbook at record highs and ocean carriers canceling voyages, you...

Low and high sulfur fuel oil bunker premiums have fallen in Hong Kong, as rising competition from regional ports has...

The first two months of 2023 have seen tanker market fortunes change rapidly, illustrating the volatility and upside that continues...

The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, rose to its highest level...

Russia’s invasion in Ukraine, a year and a few days ago, has had a profound impact on shipping. In its...

A China-flagged cargo ship sank in the Strait of Tartary off the coast of Russia’s Sakhalin island, the press service...

Britain’s competition regulator CMA said on Wednesday it had decided to provisionally clear U.S. company Viasat’s VSAT.O buyout of Inmarsat...

India’s state-run Indian Oil Corp. has released a VLCC – after being briefly placed on subjects – when it was...

The International Chamber of Shipping (ICS) and Suez Canal Authority (SCA) extend landmark agreement. The extension to the agreement, initially...

Asia’s high sulphur fuel oil (HSFO) market firmed on Wednesday as strong bids emerged on the first day of a...

World merchandise trade growth appears to have lost momentum in the fourth quarter of 2022 and is likely to remain...

Performance Shipping Inc., a global shipping company specializing in the ownership of tanker vessels, announced today that it has entered...

The work to develop Greece’s first Floating Storage Regasification Unit (FSRU) commenced recently at the Keppel shipyard in Singapore with...

India has intensified discussions with the US to ensure its oil supply strategy does not encounter hurdles or disruptions in...