News Flash | Sea and Job

Trump escalates Panama Canal tensions, raises concerns for South Korean shipping industry

U.S. President Donald Trump is escalating tensions over the Panama Canal, causing anxiety among shipping companies in our country. The Panama Canal is one of the most critical maritime trade routes in the world, and problems here would lead to a sharp increase in...

China’s Crude Oil Imports Decreased From A Record As Refinery Activity Slowed

Slower oil demand growth in 2024 led to less crude oil processed by China’s refineries and fewer crude oil imports compared with the record high set in 2023. China, the world’s largest importer of crude oil, received 11.1 million barrels per day (b/d) in 2024, down...

Fuel Oil Markets retain strength in sentiment-driven rally

Fuel oil markets maintained strength on Tuesday amid a rally primarily driven by sentiment, trade sources said. Backwardation spreads widened at the prompt trading months for both high sulphur fuel oil (HSFO) and very low sulphur fuel oil (VLSFO), based on data from...

Taylor Maritime Changes to Commercial Company Status

The Board is pleased to confirm that the transfer of the Company’s ordinary shares listing from the closed-ended investment funds category to the equity shares (commercial companies) category of the Official List (the “Transfer”) became effective today, 10 February...

U.S. approves HMM’s Premier Alliance, enhancing global shipping routes

The new shipping alliance “Premier Alliance,” which includes Korea’s largest shipping company HMM, will officially launch this month. HMM plans to focus on developing new routes and deploying eco-friendly vessels in collaboration with the partner shipping companies....

India’s thermal coal imports seen falling for second straight year

India’s thermal coal imports are expected to fall for the second straight year in 2025 due to decreasing dependence on coal for power generation, slowing economic activity and record high inventories, industry officials said this week. All six Indian and international...

Trump escalates Panama Canal tensions, raises concerns for South Korean shipping industry

China’s Crude Oil Imports Decreased From A Record As Refinery Activity Slowed

Fuel Oil Markets retain strength in sentiment-driven rally

Taylor Maritime Changes to Commercial Company Status

U.S. approves HMM’s Premier Alliance, enhancing global shipping routes

India’s thermal coal imports seen falling for second straight year

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