News Flash

Ships flying the Cypriot flag are faced with a second Turkish embargo as they are prevented from transporting grain from...

Shipping group NORDEN has acquired larger capesize dry bulk ships, aiming to benefit from China’s economy reopening and expectations of...

Euronav NV reported its final financial results today for the full year to 31 December 2022. The large crude tanker...

Capesize The first quarter of 2023 ended with a decline of $95 on the Capesize time charter average (5TC), pricing...

Bunkering at Fujairah would benefit from the transparency that mass flow meters confer and consequently attract more market players, but...

The aftermath of an oil tanker’s sinking in Philippine waters has exposed cracks in the country’s efforts to elevate its...

Lloyd’s Register has awarded Approval in Principle (AiP) to Hyundai Heavy Industries (HHI) for its new Onboard Guidance System, which...

Technology group Wärtsilä has again been contracted by the Hyundai Heavy Industries (HHI) shipyard to supply the Cargo Handling and...

COSCO SHIPPING Holdings Co., Ltd. announced its 2022 annual results. In 2022, COSCO SHIPPING Holdings overcame various difficulties and posted...

Norsepower Ltd., the leading global provider of auxiliary wind propulsion systems, and global shipping company IINO Lines, today announced a...

The European Commission decided today to continue to recognise the Philippines’ training and certification system. ECSA and ICS welcome this...

Global grain trader Viterra’s management team in Russia plans to create an independent Russian grain exporter once the company ceases...

Asia’s refining margin for 0.5% very low sulphur fuel oil fell by more than 10% in March compared to the...

The Q1 2023 Forecast is a collaboration between VesselsValue and ViaMar that focusses on predictions for the Bulker, Tanker, Container...

The Baltic exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, posted its biggest fall in...

Kawasaki Heavy Industries, Ltd. announced today that it has concluded a shipbuilding contract for an 86,700 m3 liquefied petroleum gas...

China’s crude throughput in April is set to fall further from March as both state-owned and small-sized independent refineries enter...

Dalian iron ore futures were set for a fourth straight session of gains on Thursday, supported by the prospect of...

Having narrowly avoided a recession in the fourth quarter of 2022, the Japanese economy appears to be recovering. However, Japan’s...

In line with our 2023-2025 strategy to capitalise on the most attractive opportunities in the market, we have acquired four...