The trade tensions have officially spilled over to the shipping industry. In its latest weekly report, shipbroker Xclusiv said that “Beijing has answered Washington’s planned port dues with its own maritime counterpunch. From the same day the U.S. measure takes...

Read More

OSLO/CARACAS: Norway has expressed regret after Venezuela announced the closure of its embassy in Oslo, a move that comes just days after Venezuelan opposition leader Maria Corina Machado—a fierce critic of President Nicolás Maduro—was awarded the Nobel Peace Prize....

Read More

MPC Container Ships (“MPCC” or the “Company”) has placed an order for two 1,600 TEU container vessels in combination with 8-year charters to one of the leading global liner operators MPCC has signed contracts for two 1,600 TEU high cube container vessels with Chinese...

Read More

DNV is launching the industry’s first public tender portal for e-methanol procurement within the European Union and the United Kingdom. The initiative connects a leading e-methanol producer with industrial offtakers across EU and UK markets, creating a new pathway to...

Read More

Saudi Aramco can sustain crude oil production at 12 million barrels per day (bpd) for a year without incurring additional costs, Chief Executive Amin Nasser said on Monday. Saudi Arabia holds a substantial share of the world’s spare oil capacity – idle supply that can...

Read More

Lloyd’s List Intelligence (LLI), the trusted global provider of maritime data and analytics, today announced the launch of its Ownership Intelligence & Cargo Risk solutions within the Seasearcher maritime intelligence platform. This integrated suite goes beyond...

Read More