News Flash

Freeport LNG said on Friday it was again delaying the restart of its long-shut liquefied natural gas (LNG) export plant...

Exports of Russia’s flagship Urals crude blend from Baltic Sea ports may fall by up to a fifth in December,...

The Saudi Ports Authority (Mawani) and Medlog, the logistics arm of the Mediterranean Shipping Co., have signed an agreement to...

A major fire broke out at Chile’s Ventanas port near a refinery and smelter belonging to state-run miner Codelco, but...

Egypt’s Suez Canal welcomes foreign investment but foreigners would have no control over the waterway or over a proposed fund...

The maritime sector of the emirate of Fujairah has witnessed progress, as it is one of the main drivers of...

Container values have continued to fall across all sub sectors and age categories in Q4 of 2022. Sale and purchase...

The global liquid petrochemical freight market is facing price hikes in 2023 as charterers continue challenging negotiations with shipowners over...

Chinese traders said they have seen improved efficiency of customs clearance and smoother logistics, as Chinese customs authorities vowed to...

Residual fuel oil stocks at key trading hub Singapore climbed by 7% week-on-week to hit a six-week high amid a...

A consortium comprising Shell, TECO 2030 and some others has finalized a grant agreement with the EU to retrofit a...

The Baltic Exchange’s dry bulk sea freight index fell on Thursday, marking its biggest one-day percentage loss in five weeks,...

New regulations signed this month will reinforce the Government’s commitment to supporting UK seafarers. The new rules, which come into...

The demand for coal is continuing and likely to peak between 2030-2035 being an affordable source of energy with substantial...

The newbuilding ordering activity has been lower over the course of the past week, as is the case, traditionally, during...

Indian buyers are increasingly making space for thermal coal sourced from non-traditional destination Mozambique, as prices have been largely competitive...

Corporate earnings growth is expected to slow in the year ahead in many countries as higher inflation and rising interest...

The economic, financial, and political chaos of 2022 has exposed the limits of forecasting. Recall the outlook from mid-2021, when...

Egypt’s parliament speaker on Tuesday defended a draft law submitted by the government seeking to allow the Suez Canal’s authority...

Fitch Ratings-London-20 December 2022: Some ports in the East Mediterranean region of Turkiye will increase capacity in the coming years,...