News Flash

The EU reached it 90% gas storage target on Aug. 16, some 11 weeks ahead of the EU-mandated Nov. 1...

Asian spot liquefied natural gas (LNG) prices rose this week to the highest level in five months, as the risk...

Cash differentials in Asia’s fuel oil markets were stable in thin trading this week, with HSFO premiums staying strong due...

The government has set itself a target of raising the country’s port capacity to more than 10,000 Metric Ton Per...

Shanghai International Energy Exchange (INE) on Thursday said the Containerized Freight Index (Europe Service) Futures Contracts (EC futures contracts) will...

Globus Maritime Limited announced that it has entered into, amended and restated a term loan facility with First Citizens Bank...

Day after day, the economic zone of the Suez Canal acquires a new dimension in achieving the added value of...

Russia remained China’s largest crude supplier in July, Chinese government data showed on Sunday, even as Russian shipments fall from...

China’s imports of Australian coal rose in July even as total coal arrivals declined, with Australia’s high-quality fuel remaining cheaper...

The Baltic Exchange’s main sea freight index .BADI rose to its highest level in nearly three months on Thursday, propelled...

ABB has signed a framework agreement with Samsung Engineering in Saudi Arabia to collaborate in engineering and procurement activities in...

General The period from April to November marks the traditional typhoon season in the waters of the Philippines and China,...

Svitzer, a leading global towage provider and part of A.P. Moller-Maersk, is today launching the second phase of its project...

Amid the ongoing weakness seen across the global petrochemical sector, the comparative recovery of gasoline and transport fuel demand this...

Installation of Rotor Sails on TR Lady, an 82,000 dwt Kamsarmax bulk carrier, was completed in Chengxi Shipyard, China, in...

In partnership with bound4blue, a pioneering developer of wind-assisted propulsion technology, Odfjell will install the innovative eSAIL® system on a...

Dubai’s state-owned ports giant DP World said on Thursday its first-half profit fell nearly 10% from a year earlier, even...

The German government will examine the finances of Deutsche ReGas, the operator of a planned liquefied natural gas (LNG) terminal...

Cash differentials in Asia’s high sulphur fuel oil (HSFO) market gained and very low sulphur oil (VLSFO) were steady on...