Seaspan Joins Anglo-Eastern for New Procurement Venture

Seaspan Corporation and Anglo-Eastern Univan Group announced the formation of Sea Sourcing Pte Ltd (“Sea Sourcing”), a new procurement joint venture between the two...

Greenpeace Activists Ban Tanker Unloading Russian Jet Fuel

Activists are attempting to stop the oil tanker Ust Luga from offloading its cargo of Russian jet fuel to a Norwegian port, reports Ship&Bunker...

20 Boxships Ordered In Asia By This Top Shipping Line

A recent news article published in the Funding News Asia states that MSC orders 20 boxships in Asia. Clarkson Research Services report In the latest weekly...

Oil Prices Fall Following China Lockdown

Oil prices fell sharply Monday as lockdowns in Chinastoked concerns that the country's zero-Covid strategy will sap energy demand in the world's second-largest...

New High-speed Engines Arrive To Reduce Ownership Costs

  A recent news article published in the Riviera states that new high-speed engines to reduce cost of ownership. New IMO Tier II and EPA Tier...

Crude Oil Futures Continue To Fall

Crude oil futures continued to decline in mid-morning Asian trade April 25 as China intensified its COVID-19 related lockdowns and as the US Federal...

Are We Facing the End of a Pandemic-Driven Shipping Boom?

For the past two years, it has been a roller coaster ride in the ocean freight business. After the early-pandemic slowdown in 2020, demand...

Another Faster-Growing Omicron Offshoot

Just as most Americans have caught wind of the BA.2 variant of Omicron — which overtook the original Omicron as the dominant strain in...

Diana Shipping Inks Time Charter Contract With C Transport

A global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, today announced that, through a separate wholly-owned subsidiary, it...

Asia Octane: Key Market Indicators For April 25-29

Demand for Asian gasoline and its blending components is expected to strengthen over April 25-29, supported by easing COVID-19 restrictions among regional economies, market...