News Flash

Member States adopted last Friday Council conclusions calling for a maritime industrial strategy to enhance the competitiveness of the sector....

Mitsui O.S.K. Lines, Ltd. and its group company MOL Dry bulk Ltd. yesterday announced their intent to install wind propulsion...

Asia’s imports of Liquefied Natural Gas (LNG) are displaying contrasting dynamics in May, with strength in usually price-sensitive buyers like...

Lloyd’s Register (LR) has awarded Approval in Principle (AiP) to Seaspan Corporation for its innovative Next Generation Feeder Ship Design....

U.S. energy firms this week cut the number of oil and natural gas rigs operating for the fourth time in...

Asian spot Liquefied Natural Gas (LNG) prices rose for the fourth straight week and hit its highest level in five...

Port of Tanjung Pelepas SdnBhd (PTP), a joint venture between the MMC Group and APM Terminals in Malaysia, has signed...

Lakeway Link AB, in its latest strategic move towards sustainable operations, has announced a significant new partnership with ScanOcean AB,...

Yemen’s Houthis launched attacks on three ships in the Red Sea, Mediterranean Sea and Arabian Sea, the Iran-aligned group said...

Onshore fuel oil stockpiles at key storage hub Singapore plummeted to a 5-1/2-year low, latest data showed, as incoming supplies...

Member States of the International Maritime Organization (IMO) – the UN agency that regulates global shipping have called for an...

Refining cracks for high sulphur fuel oil posted weekly gains as of Friday, as the market retained strength against a...

Expanded sanctions on Russia and enhanced pressure on countries that Moscow considers friendly are hurting Russian firms’ export revenues and...

Russia will use fuel export bans again as a way of regulating supply and demand, but for now the domestic...

The oil and gas contracts market faced turbulence, with a notable quarter-on-quarter (QoQ) decline of 37% in disclosed contract value,...

India and Egypt were the top destinations for Russian seaborne fuel oil and Vacuum Gasoil (VGO) exports in April, traders...

Technology group, Wärtsilä will supply the electrical systems needed to convert two Scandlines ferries to a plug-in hybrid solution. The...

The final phase for full compliance with the D2 Standard of the Ballast Water Management Convention is effective from 8th...

The Panama Canal Authority ordered ten hybrid tractor tugboats from European shipbuilder, Astilleros Armón, with options for another 10 similar...

Asia’s Very Low-Sulphur Fuel Oil (VLSFO) market gained on Thursday after stocks at key trading hub Singapore plunged to the...