News Flash

A Chinese state-owned firm said on Monday 1 May  it plans to take its investment in Sri Lanka to $2 billion by building...

The ports ministry has received expressions of interest (EOIs) from nine players for the Rs 41,000 crore international transhipment port...

The recent drop in the Platts West India marker to a near two-year low, expectations of a ramp-up in operations...

Shifts in the way a commodity is priced often result from major economic and world events and coking coal is...

The shareholders’ meeting of RINA, the multinational inspection, certification and engineering consultancy, approved the financial statement for the fiscal year...

Spot cash premiums in Asia’s fuel oil market were stable on Monday amid thin trade, while Kuwait’s Al Zour issued...

Russia’s seaborne oil product exports fell in April by 5% month-on-month on a daily basis, data from industry sources and...

Sales of marine fuel, also known as bunker fuel, hit three-month highs in the world’s biggest refuelling hub Singapore in...

South African Finance Minister Enoch Godongwana said his country had resolved a dispute with the U.S. over allegations that Pretoria supplied...

South Korea christened its new domestically designed and built liquified natural gas bunker vessel this week. The ship marks a...

Asian spot liquefied natural gas (LNG) prices fell for the third straight week on Friday to the lowest level in...

IMO is participating in global efforts led by the World Health Organization (WHO) to better prepare for possible future disease...

HMM, South Korea’s largest LNG shipping firm, will join a bid to acquire a 100 percent stake in Hyundai LNG...

Oil pipelines from the top U.S. shale field to Houston that have run half empty are filling again as rising...

The first block for a new class of Russian domestic containership that is also capable of carrying dry bulk cargo...

Germany’s Hapag-Lloyd, the world’s fifth-largest shipping line, posted better-than-expected results for the first quarter of 2023, with freight rates averaging...

Southeast Asia only accounts for around 12% of global thermal coal imports, so is often overshadowed by China and India...

Iron ore futures fell on Friday, as traders worried about a dim demand outlook in top steel producer and metals...