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Kuwait Nears Maximum Oil Production, With Politics, Technical Challenges Stunting Growth
Kuwait is close to exhausting its production capacity, capping its ability to bring on more crude oil supplies to meet...
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Iron Ore Sags As China Property Woes Eclipse Rebound In Steel Profits
Dalian and Singapore iron ore futures fell on Wednesday as a crisis engulfing property developers in China, the world’s top...
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Romanian Black Sea Port To Keep Shipping Ukrainian Grain, Seeks EU Funding
At the Romanian Black Sea port of Constanta dockers have worked for months to ship out Ukrainian grain in addition...
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Maritime And Port Authority Of Singapore And Port Of Rotterdam To Establish World’s Longest Green And Digital Corridor For Efficient And Sustainable Shipping
The Maritime and Port Authority of Singapore (MPA) and the Port of Rotterdam have signed a memorandum of understanding (MoU)...
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Panama Canal Welcomes Largest Vessel By Cargo Capacity, Marking Expansion’s Continued Impact Six Years Later
Last month, the Panama Canal celebrated the transit of CMA CGM’s Zephyr, the containership with the largest cargo capacity to...
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K LINE Reports Improved Container And Dry Bulk Segment Performance
Due to significant business performance improvement of OCEAN NETWORK EXPRESS PTE. LTD. (hereinafter referred to as “ONE”), the company recorded...
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Ukraine’s Zelenskiy Says First Grain Ship ‘Nothing’, Economy In Coma
Ukrainian President Volodymr Zelenskiy dismissed the importance of the first grain export shipment from his country since Russia invaded, saying...
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China, Greece Vow To Further Deepen Mutually Beneficial Cooperation
China and Greece on Wednesday pledged to further deepen mutually beneficial cooperation and jointly work toward better bilateral relations for...
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MOL Starts Joint Study On Ship Fuel With National Institute For Environmental Studies
Mitsui O.S.K. Lines, Ltd. announced the launch of a joint study on ship fuel with Japan’s National Institute for Environmental...
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Dorian LPG Ltd. Rides Positive Chartering Environment
Dorian LPG Ltd., a leading owner and operator of modern very large gas carriers (“VLGCs”), today reported its financial results...
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Several Refining Projects Are Scheduled In Asia And the Middle East
In Asia and the Middle East, at least nine refinery projects are beginning operations or are scheduled to come online...
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Commodity Super Cycle Theory Will Struggle To Pass Ultimate Economic Test
The commodity market boom is over. Energy, metals and agriculture prices have all tumbled from their March peak on inflationary...
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Iron Ore Creeps Higher As China Steel Margins Recover
Dalian and Singapore iron ore futures rose in a volatile session on Tuesday, as traders focused on improving steel margins...
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AD Ports Group And Hutchison Ports Ink MoU To Form Strategic Partnership
AD Ports Group, the leading facilitator of trade, logistics, and industry in Abu Dhabi, today announced that it has signed...
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PetroChina Yunnan To Receive First Crude Cargo Loaded From China; Huang Wei Pipeline Reverses Flow
PetroChina’s Yunnan Petrochemical is set to receive an 850,000-barrel cargo of Iraq’s Basrah Light crude in early August via the...
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AET Unveils Another DPST, Eagle Crato, For Long-Term Charter To Petrobras
AET, a leading owner and operator of maritime transportation assets and specialised services, named its newest vessel today, the final...
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NYK Participates In Marine Biofuel Data Collection And Analysis Project Aiming To Establish Transparency In Biofuel Supply Chain
NYK and Astomos Energy Corporation have participated in a marine biofuel demonstration project launched by the Global Center for Maritime...
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Shipping Arrangements Into Ukraine Still Not Ready, Lloyd’s Official Says
Key arrangements including procedures for ships still need to be worked out before empty vessels can come in and pick...
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Chinese Shipyard New Building Orders Drop 41% In H1
China’s shipbuilding output and newly received order volume both declined in the first half of 2022, but the country still...
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Lower Price, Currency Flexibility Drive More Russian Thermal Coal To India
With India leveraging discounted Russian coal and banks adapting to facilitate trade in currencies other than the US dollar, data...
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