Washington’s response to the recent seizure of a US-bound oil tanker by Tehran will determine whether regional trade flows will be disrupted and shipping insurance premiums hike, some industry analysts said. At about 1:15 pm local time April 27, the Marshall...

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A joint UK-EU project to develop retrofit carbon capture solutions and other technologies for ships to reduce their emissions and fuel consumption has got underway. Although existing waterborne vessels provide the lowest contribution to the total European transport...

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During the COVID-19 pandemic, liner operators increased the average sailing speed by up to 4% due to strong demand and widespread port congestion. Today, the situation is very different and in the first quarter of 2023 the average sailing speed has slowed to 13.8...

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Asia’s imports of liquefied natural gas (LNG) fell in April as major buyers China and Japan trimmed purchases, offsetting small gains among South Asian countries. The total volume of the super-chilled fuel imported was 20.86 million tonnes in April, down from March’s...

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The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commodities, edged up on Wednesday, supported by stronger capesize vessel rates. The overall index, which factors in rates for capesize, panamax, supramax and handysize...

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