The shipbuilding industry is expected to remain one of the biggest contributors to Korea’s economy in 2026, supported by rising demand for liquefied natural gas (LNG) carriers in the United States and the full-scale launch of the “Make American Shipbuilding Great...

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Asia fuel oil markets concluded the year with a bearish tone as spot differentials for Very Low Sulphur Fuel Oil (VLSFO) and High Sulphur Fuel Oil (HSFO) logged annual declines. Supplies have gushed into the Asia region this year, on the back of Western sanctions that...

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Indonesia is planning to import around 3.1 million metric tons of sugar for industrial use in 2026, Tatang Yuliono, a senior official at the country’s coordinating ministry overseeing food, said on Tuesday. The government also plans to allow a separate import quota of...

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Hamad Port is rapidly solidifying its status as a major regional transhipment hub, playing an increasingly pivotal role in Qatar’s logistics-led economic growth and broader Vision 2030 diversification strategy. According to industry analysts and recent official data,...

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Following growing recognition that Kind Leadership is essential to maritime excellence, leaders from across the sector gathered in London earlier in November to discuss how ‘we can bring about and then support a lasting industry cultural change’. The Kind Leadership...

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India’s intake of Russian crude is set to mark its weakest month in three years, reflecting how tighter US sanctions are affecting India and Russia’s oil trade. December volumes are tracking lower despite some refiners returning to discounted barrels and expectations...

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