Japan Petroleum Exploration Co., Ltd. (JAPEX) has signed an MOU with JGC CORPORATION (JGC), and Kawasaki Kisen Kaisha, Ltd. (“K” LINE) on a joint study for Carbon Capture Storage (CCS) in Malaysia (hereinafter the “Joint Study”, Note1). JAPEX had earlier signed an MOU...

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Ukraine is ready to start shipping grain from two Black Sea ports under a U.N.-brokered agreement but no date has been set for the first shipment, Ukrainian Infrastructure Minister Oleksandr Kubrakov said on Friday. He told reporters in the southern port of Odesa that...

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Water levels on the Rhine in Germany have fallen again with vessels often sailing only half full and prices for cargo transport rising, commodity traders and shipbrokers said on Friday. Shallow water after dry weather continues to hinder shipping on the entire river...

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Pacific Basin Shipping Limited, one of the world’s leading dry bulk shipping companies, today announced the results of the Company and its subsidiaries (collectively the “Group”) for the six months ended 30 June 2022. Mr. Martin Fruergaard, CEO of Pacific Basin, said:...

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As great as 2021 was for container shipping lines, this year is turning out better. Germany’s Hapag-Lloyd has just raised its earnings outlook again. The world’s fifth-largest liner operator said Thursday that it will post earnings before interest, taxes, depreciation...

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