News Flash

Fuel oil cracks pared strength on Wednesday after a recent rally, while spot trade remained largely thin in the week....

New MERC publication highlights the growing importance of advanced hull coating systems to help reduce GHG emissions. New analysis by...

The amount of Russian and Iranian oil held on ships has hit multi-month highs as harsher U.S. sanctions reduced the...

Also, EU Allowance contracts rose to Eur78/mtCO2e ($81/mtCO2e) on average in January from Eur68/mt in December, according to Platts data,...

The Baltic Exchange’s dry bulk sea freight index, which measures shipping rates for vessels transporting dry bulk commodities, fell for...

U.S. sanctions on Russia should not affect Moscow’s oil trade with India, Pavel Sorokin, Russia’s first deputy energy minister, said...

India’s crude supplies from Russia could face some challenges due to higher shipping costs from a new set of sanctions...

Marine insurance specialist, The Swedish Club, today announced the launch of its Passage Plan+ Guide, an essential resource designed to...

U.S. President Donald Trump is escalating tensions over the Panama Canal, causing anxiety among shipping companies in our country. The...

Slower oil demand growth in 2024 led to less crude oil processed by China’s refineries and fewer crude oil imports...

Fuel oil markets maintained strength on Tuesday amid a rally primarily driven by sentiment, trade sources said. Backwardation spreads widened...

The Board is pleased to confirm that the transfer of the Company’s ordinary shares listing from the closed-ended investment funds...

The new shipping alliance “Premier Alliance,” which includes Korea’s largest shipping company HMM, will officially launch this month. HMM plans...

India’s thermal coal imports are expected to fall for the second straight year in 2025 due to decreasing dependence on...

The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, fell for a...

As announced in its press release on 9 January 2025, the GTT Group is conducting a strategic review of the...

Hapag-Lloyd, the world’s fifth-largest shipping company, is reportedly in the final stages of reviewing an order for six LNG dual-fuel...

IRI President Bill Gallagher explores the year ahead in this 2025 message to clients and colleagues: As 2025 opens, it...

In January 2025, Höegh Autoliners transported 1.1 million cbm of cargo on prorated basis. Transported cargo in the last three...