News Flash

Russian wheat production could reach 90 million tons in 2024 in a third straight bumper harvest following a favourable autumn...

Dalian iron ore futures on Wednesday extended declines for a fifth session, with market dynamics responding to continuous government intervention...

Russia’s transport ministry said on Wednesday that weather conditions in the Black Sea remained unfavourable for shipping and that restrictions...

NorthStandard’s Strike & Delay class has introduced Weather Cover into its suite of risks, providing shipowners and charterers with the...

Swiss marine power company WinGD will realise the first commercial installments of its new variable compression ratio (VCR) technology on...

For decades, the experience is that uncertain times create demand for our ships. We see that there is a scarcity...

Capital Gas Ship Management (Capital), Hyundai Mipo Dockyard (HD HMD), and Lloyd’s Register (LR) will work together for the construction...

Asia’s cash premium for 0.5% very low sulphur fuel oil (VLSFO) slipped to a two-month low on Wednesday, while high...

The Baltic Exchange’s dry bulk sea freight index gained for the fifth consecutive session to hit an 18-month peak on...

Jet fuel prices in Asia rose to their highest against gasoil in five years on Tuesday, buoyed by strong demand...

Middle Eastern benchmarks Oman and Murban extended losses on Tuesday as spot trades winded down towards the end of the...

A newly-minted EU agreement on waste shipments is set to remove a legal roadblock to make it possible for a...

Saudi Arabia, Russia and other members of OPEC are scheduled to meet online on Thursday and could make further changes...

Genco Shipping & Trading Limited, the largest U.S. headquartered drybulk shipowner focused on the global transportation of commodities, has acquired...

The christening and handover ceremony for a liquefied CO2 transportation demonstration test ship was held today, November 28, 2023, at...

Asia’s high sulphur fuel oil (HSFO) market firmed on Tuesday amid market expectations of China resuming more purchases, following the...

Shipments of liquefied natural gas (LNG) from Australia Pacific LNG have come to a halt after a loaded tanker docked...

The International Seafarers’ Welfare and Assistance Network (ISWAN) reports that demand for its support remained high among seafarers and their...

The Baltic Exchange’s dry bulk sea freight index rose on Tuesday for the fourth consecutive session driven by a jump...

South Korean shipbuilders are seeking overseas production bases through mergers and acquisitions to meet soaring demand across the world as...