Hanwha Ocean, the world’s third-largest shipbuilder, has decided to stop receiving container ship orders. According to the shipbuilding industry on Jan. 7, Hanwha Ocean has decided to suspend its container ship ordering business as a management policy and has...

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Kalmar, part of Cargotec, has received a large order from leading Norwegian logistics service provider Wallenius Wilhelmsen to supply four heavy electric forklift trucks, two electric reachstackers and three heavy terminal tractors for the company’s US logistics...

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Strong projected demand for jet fuel in 2024 is set to support clean tanker markets globally, with growing deliveries of petrochemical feedstocks to China and longer predicted sailing distances also contributing to a healthy outlook for the sector. Jet fuel is set to...

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The river Rhine in Germany has been reopened to shipping after being halted due to a rise in water levels following rain last week, German authorities said on Monday. Rhine river shipping had been stopped around the western city of Koblenz on Friday. But water levels...

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Asia’s cash premium for very low sulphur fuel oil (VLSFO) fell below three-month lows on Monday, extending a steady decline since the start of the year. The region is expected to remain amply supplied this month, with total monthly arrivals likely to breach 6 million...

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The Baltic Exchange’s dry bulk sea freight index slipped to its lowest level in more than a month on Monday as rates declined across vessel segments. The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, lost 88 points, or...

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