News Flash | Sea and Job

COSCO Pilots Safe Transportation with Longxing Chemical over GSBN

Global Shipping Business Network (GSBN), a neutral, not-for-profit consortium enabling paperless, accessible and sustainable global trade with its data infrastructure and ecosystem of partners, announced a significant milestone in the digitalisation of critical cargo...

Navig8 Commences Commercial Management of 20 ADNOC L&S Tanker Vessels

Navig8 is pleased to announce that it has commenced the commercial management of the ADNOC L&S tanker fleet, comprising 20 vessels. This strategic move sees eight VLCCs, eight LR2s, and four LR1s join Navig8’s marketleading pools, further strengthening the...

MOL, Marubeni Establish a New Company Venture in the Nature-based Carbon Removal Credit Business to -Open the Way to a Sustainable Future Through the Power of People and Forests

Mitsui O.S.K. Lines, Ltd. and Marubeni Corporation announced today that the two companies have entered into a shareholders agreement to jointly establish a new company, called Marubeni MOL Forests Co., Ltd.,(Note 1) to create, purchase, sell, and retire(Note 2)...

South Korea’s Shipbuilding Giants Achieve Milestone Profits Amid Industry Boom

South Korea’s top three shipbuilders are expected to report collective annual profits for 2024, marking the first time in 13 years that the trio—HD Korea Shipbuilding & Offshore Engineering, Hanwha Ocean, and Samsung Heavy Industries—have all turned a profit. The...

China’s shipbuilding remains robust but growing capacity weighs on steel plate market

China’s shipbuilding remained robust in 2024, and is likely to maintain strong growth momentum in 2025, which would benefit the steel plate market. However, the plate market is set to face continued pressure this year due to growing capacity, industry sources told...

Asia Fuel: Premiums rise on uncertainty around Feb supply

Spot premiums for fuel oil rose on Monday, supported by supply uncertainty in February as some industry sources expect logistical challenges after recent sanctions on Russian oil. Cash premiums for high sulphur fuel oil (HSFO) held steady to firmer on Monday, with...

COSCO Pilots Safe Transportation with Longxing Chemical over GSBN

Navig8 Commences Commercial Management of 20 ADNOC L&S Tanker Vessels

MOL, Marubeni Establish a New Company Venture in the Nature-based Carbon Removal Credit Business to -Open the Way to a Sustainable Future Through the Power of People and Forests

South Korea’s Shipbuilding Giants Achieve Milestone Profits Amid Industry Boom

China’s shipbuilding remains robust but growing capacity weighs on steel plate market

Asia Fuel: Premiums rise on uncertainty around Feb supply

Recent News