Chinese state-run refiners may resume US crude imports after a nine-month suspension amid the supply crisis in the Middle East, despite the additional 20% tariffs remaining in place, crude procurement strategists from two state-run refining groups, four refinery...

Read More

Fitch Ratings expects the withdrawal of hull war risk marine insurance coverage in the Persian Gulf to be credit negative for U.S. property casualty insurance specialists that are heavily reliant on Gulf transit, with neutral implications for well-diversified, global...

Read More

The message from MarinePALS CEO Captain Pradeep Chawla is clear: “We have waited too long. It is time to make defibrillators mandatory on board,” as he calls on the maritime industry and the International Maritime Organization to mandate automated external...

Read More

India’s decision to introduce additional documentation checks before end-of-life vessels are cleared could prevent the practice of fake documents among the ‘dark fleet’, says leading vessel cash buyer Wirana Shipping Corporation. The recent decision taken by the...

Read More

Global bunker fuel prices have surged by 30-35% over the past week as the US-Iran conflict and closure of the Strait of Hormuz has sent crude oil prices soaring to multiyear highs, leading container carriers to implement emergency surcharges. Global container shipping...

Read More