News Flash

India, fuelled by its appetite for discounted Ural grades, is understood to have overtaken China as the top destination for...

State lender Korea Development Bank (KDB) has outsourced a scheme to privatize deficit-ridden Daewoo Shipbuilding &Marine Engineering (DSME) and could...

A decline that shippers were seeing in ocean spot rates and in premium surcharges across many trade routes as demand...

In 2013, Chinese President Xi Jinping put forward the “Belt and Road Initiative” (BRI), aiming at building a new platform...

Finding enough seafarers willing to sail ships stuck inside Ukraine’s ports is set to pose a major challenge to the...

If you only look at Los Angeles and Long Beach — the largest container import gateway in America — you’d...

With the flow of Russian coal to Europe coming to a final end, buyers jostling for alternatives are increasingly in...

Two recent incidents of lasers being pointed at U.S. Coast Guard boats while in operation on the Great Lakes are...

The Brazilian government confirmed that China has opened its market to soybean meal produced in the South American country, adding...

Iron ore futures retreated on Friday as China indicated controlling COVID-19 outbreaks was still a priority, although the steelmaking ingredient...

Port of Salalah and FECO of Salalah – Oman, signed an agreement recently to pave the way for Salalah to...

Japan Petroleum Exploration Co., Ltd. (JAPEX) has signed an MOU with JGC CORPORATION (JGC), and Kawasaki Kisen Kaisha, Ltd. (“K”...

Ukraine is ready to start shipping grain from two Black Sea ports under a U.N.-brokered agreement but no date has...

Water levels on the Rhine in Germany have fallen again with vessels often sailing only half full and prices for...

Pacific Basin Shipping Limited, one of the world’s leading dry bulk shipping companies, today announced the results of the Company...

As great as 2021 was for container shipping lines, this year is turning out better. Germany’s Hapag-Lloyd has just raised...

The middle and lower parts of the Danube River have been closed to navigation since July 25 due to a...

GTT has been granted two Approvals in Principle (AIP) from the leading classification society DNV for the design of a...

Long-term dry bulk tonnage provider Spar Shipping AS, ship management leader Fleet Management Limited and global biofuels supplier GoodFuels have...

Fueling for ships at the UAE’s Port of Fujairah, the world’s third largest bunkering hub, was stopped due to flooding,...