News Flash

China’s shipbuilding industry saw new vessel orders surge 49.5 percent year-on-year in the first five months of 2023, official data...

A.P. Moller – Maersk (Maersk) has made an order for six mid-sized container vessels – all having dual-fuel engines able...

Asia’s cash premium for very-low sulfur fuel oil (VLSFO) eased further on Monday as offers dipped from the previous week,...

The global shipping industry can reduce emissions by nearly 50% by the end of the decade, according to a new...

The International Chamber of Shipping (ICS) launches today a video titled ‘An Adventurous Spirit’, signifying the start of a global...

The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commodities, declined on Monday after...

Indian state-run refiner BPCL is in talks with Rosneft to buy about 6 million metric tons (43.8 million barrels) of...

Asian spot liquefied natural gas (LNG) prices were down this week but remained 33% up from its lowest level in...

Russian President Vladimir Putin June 24 faced down an attempted military insurrection by mercenary warlord Evgeny Prigozhin but the attempted...

Maritime nations including Denmark and the Marshall Islands are rallying support for a global carbon dioxide emissions levy on shipping,...

 The number of “green” ships ordered is growing in size, as the industry is beginning its long journey towards decarbonization....

India’s crude oil imports in May rose 2% from a year earlier, government data showed on Friday, on sustained buying...

MEG LR2’s remained stable for the majority of the week with inklings of an upturn as we head towards the...

As the UN Climate Ambition Summit scheduled for UN General Assembly’s High Level Week in September fast approaches, it has...

A deep-sea submersible carrying five people on a voyage to the century-old wreck of the Titanic was found in pieces...

Asia’s fuel oil market held steady on Thursday, while onshore inventories in Singapore fell after a three-week build. Weekly residual...

The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commodities, hit a more than...

  Russia is 99.9% certain to evacuate a U.N.-brokered deal on the safe wartime passage of Black Sea grain next...