News Flash

Lakeway Link AB, in its latest strategic move towards sustainable operations, has announced a significant new partnership with ScanOcean AB,...

Yemen’s Houthis launched attacks on three ships in the Red Sea, Mediterranean Sea and Arabian Sea, the Iran-aligned group said...

Onshore fuel oil stockpiles at key storage hub Singapore plummeted to a 5-1/2-year low, latest data showed, as incoming supplies...

Member States of the International Maritime Organization (IMO) – the UN agency that regulates global shipping have called for an...

Refining cracks for high sulphur fuel oil posted weekly gains as of Friday, as the market retained strength against a...

Expanded sanctions on Russia and enhanced pressure on countries that Moscow considers friendly are hurting Russian firms’ export revenues and...

Russia will use fuel export bans again as a way of regulating supply and demand, but for now the domestic...

The oil and gas contracts market faced turbulence, with a notable quarter-on-quarter (QoQ) decline of 37% in disclosed contract value,...

India and Egypt were the top destinations for Russian seaborne fuel oil and Vacuum Gasoil (VGO) exports in April, traders...

Technology group, Wärtsilä will supply the electrical systems needed to convert two Scandlines ferries to a plug-in hybrid solution. The...

The final phase for full compliance with the D2 Standard of the Ballast Water Management Convention is effective from 8th...

The Panama Canal Authority ordered ten hybrid tractor tugboats from European shipbuilder, Astilleros Armón, with options for another 10 similar...

Asia’s Very Low-Sulphur Fuel Oil (VLSFO) market gained on Thursday after stocks at key trading hub Singapore plunged to the...

The Micronesian Center for Sustainable Transport (MCST) has released a critical analysis of the International Maritime Organization’s (IMO) 2023 Revised...

Kawasaki Kisen Kaisha, Ltd. (“K” LINE) announced today that three “K” LINE Group ship management companies—K Marine Ship Management Pte....

A combination of weather conditions, trade demand and geopolitics has buoyed containership freight and charter rates, reports MSI London and...

The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, edged lower on Thursday, as...

Iron ore futures hit a three-month high on Wednesday as investors bet on better demand following China’s support for the...

Stockpiles of oil products at the UAE’s Port of Fujairah dropped for a fifth consecutive week, the longest losing streak...

Indonesian state purchasing agency Bulog is believed to have purchased about 210,000 metric tons of rice an international tender for...