MISC is pleased to announce its financial results for the first quarter ended 31 March 2023. Financial Highlights: •Group revenue for the quarter ended 31 March 2023 was higher than the corresponding quarter ended 31 March 2022.•Group operating profit for the quarter...

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The cash premium for very low sulphur fuel oil (VLSFO) in Asia softened for a fourth straight session on Wednesday, underpinned by weaker spot offers and ample supply expectations into June. The premium for 0.5% VLSFO (MFO05-SIN-DIF) slid to $7.75 a tonne to Singapore...

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Russia and Iran have agreed to collaborate on building commercial ships On May 19, 2023. Despite sanctions, the Islamic Republic has extensive experience maintaining and expanding its industrial capacity. Additionally, Russia intends to increase its resilience to...

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MSC successfully overtook Maersk and emerged as the world’s largest container carrier 16 months ago and continued its stream of secondhand purchases and new buildings. As a result, its fleet has continued to grow rapidly. In the weekly newsletter, Alphaliner stated...

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In a ceremony held at The Lighthouse at Pier 61 at Chelsea Piers in New York City, five global shipping and intermodal leaders were recently inducted into the 29th International Maritime Hall of Fame sponsored by the Maritime Association of New York/ New...

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Russia and Iran have agreed to collaborate on building commercial ships On May 19, 2023. Despite sanctions, the Islamic Republic has extensive experience maintaining and expanding its industrial capacity. Additionally, Russia intends to increase its resilience to...

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