News Flash

The European Union’s ban on imports of Russian crude is now less than five weeks away. As the clock ticks...

Container terminals depend on carrier calls to generate business, which can vary according to market developments and liner network changes,...

CapesizeThe past week has had a negative trend overall, but closed up by the end. The average of the 5...

The use of biofuel blends in the shipping industry could become the norm in the following years, as they seem...

VLGC rates on the key Persian Gulf-Japan route extended a three-month rally to reach their highest for almost two years...

Capesize values for older vessels rose in October with prices for 15 year old tonnage up 9.55% since the start...

The Baltic Exchange’s dry bulk sea freight index (.BADI) rose on Friday for the first time in 13 sessions, helped...

Global Energy Trading Pte Ltd (“GET”), Stellar Ship Management Services Pte Ltd (“Stellar”), wholly owned subsidiaries of Global Energy Group,...

Teekay Corporation yesterday reported results for the three and nine months ended September 30, 2022. These results include the Company’s...

MISC Berhad (MISC), through its wholly-owned subsidiary, Portovenere and Lerici (Labuan) Pte Ltd (PLL), together with its consortium partners, Nippon...

INEOS Europe AG and Pacific Gas (Hong Kong) Holdings Co., Ltd, has signed long-term time charter agreements for four 99,000cbm...

Asia’s low sulfur fuel oil refining margin plunged to its weakest in three months Nov. 2, weighed down by expectations...

The latest batch of future maritime leaders have graduated from the World Maritime University (WMU). The 2022 graduation (31 October)...

Euronav NV reported its non-audited financial results today for the third quarter ended 30 September 2022. Hugo De Stoop, CEO...

High energy prices in Europe have shifted aluminium production to China. Due to China’s increasingly depleted bauxite reserves, this shift...

Amendments to the International Convention for the Prevention of Pollution from Ships (MARPOL) Annex VI enter into force on 1...

The tanker market’s structural shift is still not complete. In its latest weekly report, shipbroker Allied said that “with the...

NYK will order two LNG-fueled large coal carriers from Oshima Shipbuilding Co., Ltd. The vessels are scheduled to be delivered...

MAN Energy Solutions has announced that its portfolio of two-stroke, dual-fuel engines has passed more than 1,000 units on order...

Russia said on Wednesday it would renew its participation in an agreement allowing Ukraine to export grain via the Black...