Spot discounts for high sulphur fuel oil narrowed on Wednesday amid the emergence of a firmer bid, though a wider trading lull persisted, market sources said. Singapore’s cash differential for 380-cst high sulphur fuel oil was pegged at a discount of 75 cents a metric...

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Rio Tinto reported a 5% fall in its first-quarter iron ore shipments on Wednesday, missing estimates, because of weather disruptions at ports and reduced production from some of its Western Australian mines. Mine depletion in its Yandicoogina mine in Western Australia...

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The Baltimore port’s alternate shipping channels are not deep enough to accommodate the oceangoing container vessels that Maersk and other carriers use, the Danish shipping group said in a statement on Wednesday. A container vessel chartered by Maersk collided with a...

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The Baltic Exchange’s main dry bulk sea freight index rose on Wednesday, aided by rising rates across all vessel segments with capesize hitting its highest level in over three weeks. The overall index .BADI, which factors in rates for capesize, panamax and supramax...

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IMO’s Facilitation Committee has taken steps to further advance the digitalization of the shipping sector, while addressing cyber-security threats and the regulation of new technology such as autonomous ships. The Facilitation Committee (FAL) meets annually to deal...

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