The Baltic Exchange’s dry bulk sea freight index rose to its highest in more than a month on Friday, supported by higher rates across all vessel segments. The main index, which factors in rates for capesize, panamax and supramax shipping vessels, increased by 15...

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Onshore fuel oil stockpiles in Singapore, a key storage hub, eased this week as imports declined following a sharp increase last week, official data showed on Thursday. Inventories for residual fuel (STKRS-SIN) slipped to 26.53 million barrels (4.18 million metric...

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HD Hyundai is partnering with KT to introduce Starlink satellite service at shipbuilding sites. Through this, they plan to create a smart work environment, enhance worker safety, and improve overall working conditions in the shipyard. HD Hyundai announced on Sept. 11...

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Union Maritime, a leading provider of smart shipping solutions, has marked a major milestone for the sector with the maiden voyage of Brands Hatch, the first newbuild tanker installed with BAR Technologies’ WindWings®. On 8th September, the ship made her first...

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Columbia Group predicts that dual-fuel ships will define the next decade of shipping, as the absence of a scalable zero-carbon alternative leaves LNG-powered vessels as the industry’s most viable solution. As we near the end of 2025, dual-fuel ships will have...

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A third tanker from Russia’s Arctic LNG 2 plant, which is under Western sanctions, discharged its cargo and exited a terminal in China on Wednesday, LSEG and Kpler’s ship-tracking data showed. The U.S.-sanctioned LNG tanker Zarya unloaded more than 160,000 cubic...

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