News Flash

Asia’s very low sulphur fuel oil (VLSFO) market weakened further on Monday, while China has issued an additional 3 million...

MAN Energy Solutions has announced that a dual-fuel version of its MAN 175D high-speed engine, capable of operating on methanol,...

Russia’s oil and products exports from the Novorossiisk Black Sea terminal have been severely restricted by bad weather that has...

China has added 50 million metric tons of iron ore concentrate capacity from 2022, state media quoted an official at...

Descartes Systems Group, the global leader in uniting logistics-intensive businesses in commerce, announced that Hapag-Lloyd spot rate offers and 30-day...

Singapore iron ore futures retreated on Monday as caution mounted after the world’s top consumer issued warnings on enhancing supervision...

China’s central bank on Monday said it would fend off systemic risks to the economy and use forceful and targeted...

In an era of heightened cyber awareness by vessels, leading international satellite service operator IEC Telecom has introduced OptiShield, a...

The Baltic Exchange’s dry bulk sea freight index rose on Monday for the third consecutive session to its highest level...

Capesize For the first half of the week, the market faced subdued activity, particularly in the Pacific with a slight...

We are back with the latest edition of the Xeneta and Marine Benchmark Carbon Emission Index (CEI), and this week...

The world of freight forwarding is constantly evolving, driven by global economic shifts, technological advancements, and changing consumer expectations. In...

Unidentified armed individuals have seized a tanker carrying a cargo of phosphoric acid in the Gulf of Aden on Sunday,...

A new simplified glossary that supports the industry to gain a better understanding of the terminologies and phraseologies used in...

On the International Day for Elimination of Violence Against Women The Seafarers’ Charity, UK P&I Club, and TK Foundation have...

The Drewry LNG Shipping Equity Index declined 7.5% YTD (as of 16 November 2023), underperforming the S&P 500, which surged...

Three major Greek shipping firms – Minerva Marine, Thenamaris and TMS Tankers – have stopped transporting Russian oil in recent...

China’s export container shipping index increased in the week ending Nov. 24, according to the Shanghai Shipping Exchange. The Exchange...

The Panama Canal, one of the world’s main maritime trade routes, announced on Friday it is launching a special auction...

Steerprop, a leading designer and manufacturer of high-performance propulsion systems, has been chosen to supply advanced ice-classed bow thrusters to...