Sales of marine bunker fuel at Singapore climbed 8.5% in the first half of 2024, official data showed on Monday, as shipping disruptions in the Red Sea boosted global bunkering demand, though demand slowed month-on-month in June, according to Reuters. Total sales at...

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Seaspan Shipyards welcomes the formation of the Icebreaker Collaboration Effort (ICE Pact), the trilateral partnership between Canada, Finland, and the United States, designed to enhance collaboration on building the best-in-class Arctic and polar icebreakers as well...

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Senegal’s first ever crude cargoes will supply refineries in the Netherlands and Germany, according to trading sources and ship-tracking data, as the West African country celebrates its newfound status as an oil exporter. The Greek-flagged Maran Poseidon crude...

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Indian refiners may have been able to save at least $10.5 billion by purchasing Russian oil at discounted prices after the outbreak of the Ukraine war in February 2022. According to a report by The Indian Express based on the analysis of India’s trade data, Indian...

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Even though the steel making process tries to move away from the blast furnace-based route (that depends on iron ore) to the route based on electric arc furnaces that rely heavily on ferrous scrap, the unavailability of ample recycled metal will further support the...

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