Spot fuel oil benchmarks edged higher on Tuesday amid a backdrop of active bidding for October-loading parcels, while backwardation widened at the prompt months for all key grades. Singapore’s cash premium for very low sulphur fuel oil (VLSFO) rose above $20 a metric...

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September is traditionally one of the busiest months for U.S. containerized imports, driven by the peak shipping season as businesses prepare for the holiday rush. However, this year presents an unprecedented combination of challenges that could heavily impact supply...

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Global shipping contributes 2-3% of carbon emissions, with ports playing a significant role. Leveraging big data can optimize vehicle operations, manage machinery maintenance, and improve energy efficiency in port facilities, accelerating decarbonization efforts in...

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The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commodities, rose for a second straight session on Tuesday as gains in the panamax segment offset losses in capesize vessels. The overall index, which factors in rates for...

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Vaholmen and SafeSTS have signed an MOU to leverage their core expertise by developing a sustainable offshore terminal, which provides genuine opportunities to reduce the carbon footprint of their customers. By bringing the transhipment terminal closer to the...

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