A two-year Coalition partnership to accelerate decarbonization efforts in the dry bulk segment has been signed by the Global Centre for Maritime Decarbonization (GCMD) and the International Association of Dry Cargo Shipowners (INTERCARGO). Dry bulk is the world’s...

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Pacific International Lines (PIL), Singapore’s home-grown shipping line, proudly celebrates the nation’s 60th year of independence with the first SG60 Container Ship and specially designed containers sponsored for this year’s National Day Parade (NDP). PIL has...

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China had opened 128 shipping routes for the Silk Road Maritime Transport project by the end of July this year since it was launched in December 2018, according to data from Xiamen Customs. The number of container ships that had sailed along the routes reached 20,293,...

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The Baltic Exchange’s main sea freight index, which measures rates for ships carrying dry bulk commodities, rose on Wednesday, buoyed by firmer rates across all vessel segments. The main index BBDI, which tracks rates for capesize, panamax and supramax shipping...

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Russia’s seaborne crude exports fell to a five-month low in July, according to cargo-tracking data. The EU and the US started to target buyers in their latest bid to undermine Moscow’s war chest against Ukraine. Russian-origin crude liftings from Russian ports reached...

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India’s exports of refined fuel are in the spotlight after last month’s European Union sanctions while U.S. President Donald Trump has threatened a tariff hike over its oil purchases from Russia. The South Asian nation became the top buyer of Russian seaborne crude...

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