Spot premiums for fuel oil were rangebound in Asia on Tuesday as the market continued to eye upcoming supply loadings in the latter half of the month, while refining cracks edged slightly higher after crude prices dipped. The Singapore cash premium for Very Low...

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The Baltic Exchange’s main sea freight index, which tracks rates for ships ferrying dry bulk commodities, marked its lowest level in a week on Tuesday, pulled down by weaker capesize rates. The overall index, which factors in rates for capesize, panamax and supramax...

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Russia has announced plans to export coal to India using Iran’s railways. This announcement was made during the BRICS transport ministers’ meeting at the 27th St. Petersburg International Economic Forum (SPIEF). Russia will use the International North-South Corridor...

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APM Terminals Elizabeth is proud to announce significant progress in its $ 5 million investment for its Electrification Pilot Project, made possible through a generous $ 1.4 million Diesel Emissions Reduction Act (DERA) grant from the U.S. Environmental Protection...

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As part of a pioneering Joint Development Project (JDP), ABS approved a range of ship repair and retrofit work processes for remote survey at Qatar Shipyard and Technology Solutions. ABS tested, validated and approved remote survey techniques at Qatar Shipyard and...

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The London P&I Club has today announced its financial results for 2023/24, reporting an operating surplus of US $36.3m, strengthening its free reserves to US $149.8m. Gross Earned Premium increased by 4.5% from the previous year and with positive underwriting...

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