Wild swings of VLCC rates appear to be over for now Normal tanker operations gradually resume Geopolitics, GNSS interference still pose risks Oil shipping...

Drewry's World Container Index drops 9% for second week Shangai-US West Coast shipping rates dive to $2,500 from $6,000 US Fed Chief Powell...

Shipping costs for the Gulf have fallen after a ceasefire was reached between Israel and Iran, although rates could rebound if tensions increase, shipping...

The Baltic Exchange’s Gas Report for Week 26 (ending June 28, 2025) presents a mixed landscape in the global gas shipping sector, with LNG...

A serious maritime security incident unfolded on June 26, 2025, in the Singapore Strait, where four individuals, including one reportedly armed with a gun-like...

Mitsui O.S.K. Lines (MOL) has announced that it refuelled its operated coal carrier Hokulink with B30 biofuel at Yeosu Port, South Korea. MOL tests B30...

With the 90-day pause in tariffs imposed by the USA set to end on 8 July, only a deal with the UK has been...

China's first hydrogen-electric tugboat, the Hydrogen-Electric Tug No.1, was officially put into service at Qingdao Port, east China's Shandong Province, reports Fuel Cells Works. Beidou...

The International Maritime Organization (IMO) has formally agreed to start the revision of outdated regulations for nuclear-powered ships. IMO agrees outdated regulations revision The 110th...

BIMCO forecasts up to 16,000 ships (700 million DWT) could be recycled over the next decade, doubling the number from the past 10...