China’s crude oil imports in June were down 11% from a high base a year earlier, official customs data showed on Friday, as independent refiners continued to curb production due to weak profit margins and fuel demand remained tepid. Data from the General...

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Protecting the ocean is central to the 2025 world maritime theme. Our Ocean – Our Obligation – Our Opportunity has been selected as the International Maritime Organization’s World Maritime Day theme for 2025, which will culminate in the celebration...

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Refining margins for Very Low Sulphur Fuel Oil (VLSFO) posted a weekly decline as of Friday, according to trade sources. The market was underpinned by ample prompt supply. The front-month crack for VLSFO LFO05SGDUBCMc1 logged a drop of more than 5% from last week,...

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The Baltic Exchange’s main sea freight index, which tracks rates for ships ferrying dry bulk commodities, rose on Friday to mark a weekly gain on the back of higher rates across all the vessel segments. The overall index. BADI, which factors in rates for...

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Severe weather conditions near the Cape of Good Hope have halted container traffic this week, according to an analysis by LSEG Shipping Research. “We have a complete stop at the Cape of Good Hope for container ships – east and west. There is no significant...

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Yanmar Holdings Co., Ltd. (Yanmar) and Amogy, a provider of mature, scalable, and efficient ammonia-to-power solutions, have entered into a Memorandum of Understanding (MOU) to integrate Amogy’s advanced ammonia-cracking technology into Yanmar’s hydrogen internal...

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