News Flash

At the end of last month, an extraordinary incident occurred at the Bystre mouth. The dry cargo ship VYSSOS (IMO...

Asia’s fuel oil cash premiums were little changed in thin trade on Wednesday, though supply pressure put a lid on...

The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, recorded its biggest daily fall...

Disruption in the Red Sea has led to an influx of westward ballasters into the Atlantic region from the Persian...

DNV has quantified the gains that owners of liquefied natural gas (LNG) carriers could expect to achieve using the new...

The first 25-year deal is to expire in 2028 and is now being extended for 20 additional years. The second...

Turkey and Brazil last year became the biggest importers of Russian seaborne diesel and gasoil after European Union sanctions barring...

The leader of Yemen’s Iran-aligned Houthis said on Tuesday that the group will further escalate if the Israeli attack on...

Asia’s middle distillates refining margins firmed to a more than three-month high of above $26 a barrel, reflecting the support...

Top oil exporter Saudi Arabia unexpectedly kept March price of its flagship Arab Light crude to Asia unchanged at a...

Asia’s high sulphur fuel oil (HSFO) market held in discounts on Tuesday as persistent selling interest and multiple offers continued...

Japan’s Mitsui OSK Lines (MOL) 9104.T has rerouted all of its ships via the Cape of Good Hope due to...

The Baltic Exchange’s dry bulk sea freight index rose to an over one-week high on Tuesday, as vessel rates gained...

As many as 35 oil tankers that usually carry crude or fuel oil could switch to carrying cleaner products like...

The spot price of liquefied natural gas (LNG) is continuing to meander at low levels amid ample supply from major...

The growing weight of Brazil in the global LNG market has been a driver in a push for more price...

Asia’s middle distillates markets were little changed on Monday on persistently limited swaps and physical discussions in the open trading...

Dalian iron ore futures fell on Monday, amid persistent caution due to mounting port inventory and lingering property worry in...

Oldendorff and Norsepower have announced an agreement to use Norsepower Rotor Sails™ to further reduce CO2 emissions on a modern...

The industry needs to take action now to be ready for future crewing challenges and ensure quality seafarers are staying...