Cargo traffic at the country’s major ports declined 4.95 percent to 67.53 million tonnes in November, from 71.05 million tonnes in the same period a year ago, according to an industry body. Among these, JNPA and Deendayal ports reported positive growth, while cargo...

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The Maritime and Port Authority of Singapore (MPA) and MISC have signed a memorandum of understanding (MoU) to strengthen collaboration in innovation, research and development (R&D) and test-bedding activities, to advance digital transformation in the maritime...

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Russia, the world’s largest wheat exporter, will raise its wheat export duty by almost 32%, the government said, as the country seeks to curb exports in the face of high inflation and potential supply crunch due to the poor state of winter crops. The duty has been...

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Some Chinese state-owned and second-tier oil and gas companies have been looking to sell LNG cargoes for the January-February 2025 period to alleviate pressure from growing inventory and weak domestic demand, according to market participants. The selling interest...

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Low sulfur fuel oil storage available for lease at Zhoushan, China’s largest bunkering hub, stood at 1.98 million cu m as of Dec. 5, easing 4.76% from November but jumped 68.68% higher year on year, according to Zhejiang Mercantile Exchange data. Local refineries...

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