News Flash

Mitsui O.S.K. Lines, Ltd. announced that it will launch Phase 2 of its group management plan, “BLUE ACTION 2035,” effective...

The trade of global fertilizer and ammonia faces intense pressure due to the effective closure of the Strait of Hormuz...

With war between the United States and Israel and Iran effectively paralyzing Middle East routes, the global shipping network is...

Turkey is seeking Iranian permission for 11 Turkish-owned vessels to pass through the Strait of Hormuz, state-run Anadolu news agency...

The First Month of the Iran War at Sea One month after the launch of Operation Epic Fury, the maritime...

VPS has seen an increase in the levels of shale oil components in marine fuels bunkered recently in Singapore. Although...

Global transport fuel exports defined as gasoline, jet/kero and diesel fell by 1mbd y-o-y in March. This decline was driven...

The seafarers are working on some 2,000 ships including oil and gas tankers, bulk carriers, cargo ships as well as...

Chiyoda Corporation (“Chiyoda”), Nippon Yusen Kabushiki Kaisha (“NYK Line”), and its affiliate Knutsen NYK Carbon Carriers AS (“KNCC”) are pleased...

Wah Kwong Maritime Transport (“Wah Kwong”) and Bureau Veritas Marine & Offshore (“BV”) celebrated the delivery of the LR2 tanker...

Rotterdam’s LNG bunker price has fallen on lower bunker premiums and declining gas benchmarks, while Singapore’s has surged amid sharply...

Iran is pushing the Houthis to prepare for a renewed campaign against Red Sea shipping if the US escalates its...

Piraeus Port Authority S.A. announced its financial results for fiscal year 2025, reporting record-high revenue and EBITDA, as well as...

The Maritime Technologies Forum (MTF) today announced the publication of new guidelines to support companies in developing and implementing Safety...

The Additional War Risk Premium for moving tankers across the Persian Gulf eased in the week ended March 27 as...

The International Chamber of Shipping (ICS) and the International Transport Workers’ Federation (ITF) have met representatives from Gulf States to address the ongoing conflict and its direct...

Clean tanker rates for Europe-bound cargoes from the US Gulf surged to multiyear highs in March, driven by stronger US...

The Baltic Exchange’s dry bulk freight index, which monitors rates for ships carrying dry bulk commodities, was down for a...

Spot premiums for US crude grades are expected to continue rising as Asian refiners ramp up WTI Midland crude imports...