News Flash

In one of the first instances of an oil tanker transporting Southeast Asia-bound crude through the Suez Canal following the...

A massive winter storm stretched from Canada to Florida and South Texas Jan. 21, boosting power demand and prices into...

Citi on Wednesday raised its oil price outlook for 2025 due to geopolitical risks centred on Russia and Iran, but...

Iron ore futures declined on Wednesday, weighed down by concerns that U.S. President Donald Trump could impose higher tariffs on...

Kalmar has delivered four Kalmar electric reachstackers to Norwegian port operator Westport AS, as part of their ongoing collaboration to...

Reference is made to the stock exchange announcement 1 October 2024, informing that three bank lenders, and the bondholders in...

HD Korea Shipbuilding & Offshore Engineering (HD KSOE) has received ABS approval in principle (AIP) for a tank design that...

Saudi Arabia’s crude oil exports in November jumped to their highest level in eight months, data from the Joint Organizations...

Middlemen supplying Russian oil are not offering cargoes due to new U.S. sanctions targeting Russian producers, tankers and insurers, according...

ITS Logistics today released the January forecast for the ITS Logistics US Port/Rail Ramp Freight Index. This month, the index...

Spot fuel oil premiums continued to ease on Wednesday, though a flurry of bids remained in the spot market but...

China’s crude oil imports from top supplier Russia were up 1% in 2024 to a record high versus 2023, while...

New office will coordinate technical assistance for countries in the region in the areas of maritime safety, security and environmental...

33% of businesses based in the Asia Pacific (APAC) region are creating parallel supply chains to avoid disruptions caused by...

Spot fuel oil premiums retreated slightly on Tuesday, while trade sources said they expect volatility to persist as they awaited...

On Jan. 6, HD Hyundai Samho delivered an LNG carrier to the shipowner, marking its first export of the year....

Capital Group and FORCE Technology are proud to announce their partnership in creating Europe’s first Extended Reality (XR) Full Mission...

Agreement between Israel and Hamas to pause conflict has raised hopes over the prospect of ocean container ships returning to...

Slime build-up is a costly drag on fuel efficiency for ocean-going cargo ships, leading to more emissions and, eventually, higher...

The sharp rise in Very Large Crude Carrier rates from the Persian Gulf to Asia following new US sanctions may...