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LOGISTICS GIANT DP WORLD TO BOOST UK TRADE WITH £1BN EXPANSION OF LONDON GATEWAY

Global logistics giant DP World has today announced a £1bn expansion of London Gateway to make it Britain’s largest container...
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Wärtsilä strengthens manufacturing partnership with RCT Power

Technology group Wärtsilä and global energy solutions provider RCT Power publicly announce their long-term partnership for the manufacturing of Wärtsilä's...
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Fincantieri releases new human rights policy

Fincantieri has released an updated version of its Human Rights Policy to enhance its commitment to protecting human rights and...
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Trade Conditions Deteriorate For Fourth Straight Month In September

The worldwide Purchasing Managers’ Index (PMI) surveys compiled by S&P Global Market Intelligence indicated that global trade deteriorated again at...
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Asian spot LNG slips on tepid demand, ample supply

Asian spot liquefied natural gas (LNG) slightly slipped this week as demand remains tepid amid ample supplies. The average LNG...
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Wan Hai Lines Implements Biofuel Usage, Making a Significant Step Towards Carbon Reduction Goals

Wan Hai Lines is committed to environmental protection, has been upgrading vessel equipment in recent years to minimize the impact...
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India: Centre considers seed funding to establish a shipping insurance entity

With little progress in establishing a protection and indemnity (P&I) entity to insure cargo vessels, the Centre is considering deploying...
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Yemen’s Houthis to play bigger role in Middle East conflict?

In a recent speech, the leader of the Houthi rebel group in Yemen proudly announced his group’s tally over the...
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Italy’s Fratelli Cosulich diversifying bunker barge fleet amid multi-fuel future

Genoa-based Fratelli Cosulich is diversifying its bunker barge fleet to include methanol- and biofuel-ready vessels, and plans to expand its...
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Head of international shipping regulator says industry must do more to cut carbon pollution

For years, the international shipping industry has been criticized for making little progress in reducing the carbon-belching pollution released from...
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A close eye on Iranian oil flows to China amid heightened geopolitical risks

China’s seaborne crude imports fell from August’s year-to-date high to 9.7 mbd in September, as refiners turned to onshore crude...
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US expands sanctions to Iran’s ‘ghost fleet’ of oil tankers

The United States expanded sanctions against Iran’s petroleum and petrochemical sectors on Friday in response to an Iranian missile attack...
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Asia-US container rates fall further; trend expected to continue post-ILA strike

Rates for shipping containers from east Asia and China to the US continued to fall after a lengthy strike was...
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Auctane Introduces FedEx Platform Account Program to Offer FedEx Shipping Services to Millions of Businesses

Auctane, a leading global company that delivers exceptional shipping and mailing experiences through trusted brands like ShipStation, Stamps.com, ShipEngine and...
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DHL Express named #1 Best Company to Work for in Europe for the fourth year in a row

DHL Express has been named the best company to work for in Europe according to the Great Place to Work...
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PT Oiltanking Karimun Terminal name changed to PT Oil Terminal Karimun

PT Oiltanking Karimun Terminal, Indonesia, which is a Platts-approved terminal in the Singapore Market On Close assessment process, has changed...
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DRY BULK QUARTERLY: Tonnage oversupply, tepid demand stall Atlantic Panamax market

The Platts KMAX 9 Index, which tracks the earnings of Kamsarmax class bulk carriers, collapsed to below previous years' levels...
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Asian refiners expect slower oil price decline as Middle East tensions aid hedging, stockpile valuations

Asian refiners generally expect oil prices to continue their downtrend for the remainder of the year; however, geopolitical tensions in...
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Thailand’s Gulf Energy evaluates LNG term deal at JKM minus 20-30 cents/MMBtu

Thailand's Gulf Energy is evaluating an LNG contract for seven cargoes per year for 2025-2026 that is JKM-linked with competitive...
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UK launches effort for first new long-duration energy storage in 40 years

The UK government will introduce a cap-and-floor support program to spur the build-out of new long-duration energy storage infrastructure that...
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