An oil tanker carrying Russian Urals crude has been diverted away from the EU-sanctioned Nayara Energy’s Vadinar port in India to unload its cargo at the port of Mundra, according to shipping data and four industry sources on Thursday. Two tankers have also skipped...

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New methodology delivers more accurate fatigue life predictions for containerships and gas carriers through revision of worldwide trading routes. Lloyd’s Register (LR) has enhanced its Fatigue Design Assessment (FDA) methodology by updating worldwide trading patterns...

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The Baltic Exchange’s main sea freight index rose for the third straight session on Thursday, driven by higher rates for capesize vessels. The main index, which tracks rates for capesize, panamax and supramax shipping vessels, rose 138 points, or 6.5%, to 2,258...

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Businesses making everything from chips to steel reported downbeat results, with U.S. President Donald Trump’s trade war inflicting damage even as Japan’s deal lifted stocks and hopes that Europe can clinch a similar agreement. Asian and European stock markets rallied...

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Everything is up for grabs. That’s the takeaway from the U.S.-Japan trade pact Donald Trump and Shigeru Ishiba revealed. By setting tariffs on U.S. imports from the Asian country at 15%, including autos, the U.S. president is handing Japan’s prime minister a decent...

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As part of its commitment to realizing a decarbonized society, NYK has commenced the continuous use of bio-LNG fuel on its LNG-powered car carriers. The bio-LNG is supplied by Titan Supply B.V. at the port of Zeebrugge in Belgium. The first vessel to receive the fuel...

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