News Flash

India’s crude oil imports in October declined to a 13-month low amid maintenance-related shutdowns at some refineries and the geopolitical...

Asia’s fuel oil markets were mixed on Monday as supply and demand fundamentals diverged, while very low sulphur fuel oil’s...

Russia’s October seaborne diesel and gasoil exports fell to their lowest level since September 2023 at 2.6 million metric tons...

Rates for Very Large Crude Carrier voyages loading in West Africa have so far failed to mount a sustained recovery...

The Baltic Exchange’s dry bulk sea freight index fell on Monday, pressured by falling rates across the panamax and supramax...

Globalization continues—the widespread predictions of its death were wildly premature. But this is nothing to celebrate. The current round of...

Asian spot liquefied natural gas (LNG) prices held steady this week as forecasts of warmer-than-average temperatures in both northeast Asia...

U.S. energy firms kept the number of oil and natural gas rigs operating unchanged for a second week in a...

Iraq’s Oil Ministry said Friday that the country has reduced its oil production and cut its crude exports to 3.3...

Port of Vancouver foremen will be locked out on Monday unless they scrap a proposed strike, employers at Canada’s biggest...

Several use case applications have been implemented across the 5G network at different periods since its deployment in August 2022....

“We are proud to announce the second strongest quarter on record with adjusted EBITDA of USD 503m,” says Lasse Kristoffersen,...

China is on track to import record volumes of iron ore in October, increasing the divergence between the demand for...

Energy saving technologies can lower your fuel bill and reduce vessel emissions. But which ones are best for CII compliance?...

Shipping container rates from east Asia and China to the US West Coast rose this week, reversing a trend that...

Russian energy giant Gazprom’s GAZP.MM average daily natural gas supplies to Europe in October edged up by 2.5% a year...

Russia’s January to October exports of liquefied natural gas (LNG) increased by 6% from a year earlier to 26.4 million...

Samsung Heavy Industries Co. announced on Nov. 1 that it has secured a significant contract to supply four Suezmax tankers...

As a member of CirclesOfLife, the NGO Shipbreaking Platform is pleased to share the consortium’s latest press release and eager...

In Houston, bunker fuel availability is tight until next week, as many suppliers are fully booked. Both VLSFO and LSMGO...