News Flash

The new year has only just begun, and already we have seen an event with massive significance for the world...

The U.S. needs to control Venezuela’s oil sales and revenue indefinitely to stabilize that country’s economy, rebuild its oil sector...

Growth in the artificial intelligence and defense sectors will boost global copper demand 50% by 2040, but supplies are expected...

Indonesia may approve a coal output quota of “more or less” 600 million metric tons in 2026 and will adjust...

With the support of the European Commission and the 2026 Cyprus Presidency of the Council of the European Union, European...

East Asian refiners, traditionally favoring light, sweet US crude from the Americas and lacking refinery setups for heavy, sour Venezuelan...

Asia’s fuel oil market structure pared back on Thursday after showing some temporary signs of strengthening recently, data from trade...

Iron ore futures rallied on Wednesday to their highest in multiple months, boosted by hopes of improving demand in top...

Prompt timespreads for 380-cst high sulphur fuel oil (HSFO) have flipped into a backwardated market structure as of Wednesday, after...

European ship operator Vega Reederai has revealed a significant reduction in time spent on reporting and administration tasks by up...

MOL President & CEO Takeshi Hashimoto delivered the following “2026 New Year Message” to all MOL Group officers and employees...

Taiwan’s largest container line standardises on Inmarsat’s high-speed, bonded, secure-by-design, connectivity service to enhance crew experience and accelerate digitalisation. Evergreen...

Lila Global, a ship owner operating crude oil and chemical/product tankers, has joined the International Association of Independent Tanker Owners...

At the November 2025 Sessions of the IOPC Funds’ Governing Bodies, the Executive Committee of the IOPC Funds approved a...

According to the industry on Jan. 5, Korea’s shipbuilding ‘Big 3’ – HD Korea Shipbuilding & Offshore Engineering, Samsung Heavy...

Runaway Venezuela-trading tanker Bella 1 (IMO 9230880) painted a Russian flag on its hull, changed its name, and reflagged to...

The Global Centre for Maritime Decarbonisation (GCMD) has published an LCA of the greenhouse gas (GHG) emissions from Project CAPTURED—the...

Federal authorities on Tuesday released transcripts of videos recorded by the man responsible for the deadly shootings at Brown University...

In an interview with ANI, Ambassador Mohammad Fathali said that India-Iran relations continue to display depth and resilience, rooted in...

Port of Tauranga has ordered a new tugboat with hybrid propulsion from Uzmar Shipyard in Turkey as part of its...