The ship recycling markets in India and Bangladesh have shown remarkable resilience and growth, outperforming expectations in the early weeks of 2025. Despite global...

  The new guidance confirms that marine fuels such as marine diesel and methanol are eligible for the Clean Fuels Production Credit (45Z) if...

  Term ex-wharf 0.5%S LSFO premiums in Hong Kong fell to $27-$34/mt in January due to abundant supply and subdued demand, a sharp drop...

The availability of VLCC tankers (spot/relet and contract) has decreased since October 2024. Weakness in VLCC, Suezmax, and Aframax freight rates highlights ongoing...

  An oil spill from two tankers in Russia's Kerch Strait, first detected a month ago, continues to expand, prompting urgent action by Russian...

The U.S. imposed its toughest sanctions yet on Russia's oil and gas sector, targeting over 200 entities and 183 vessels. Asian refiners, including...

A huge increase in cases of seafarer abandonment was registered in 2024, with 310 cases reported to the IMO/ILO joint database compared with...

Transport Malta summarizes the safety investigation into the fire, which led to a fatality and a serious injury, on board an oil/chemical tanker. The Incident The...

Cosco Shipping International (Singapore) has appointed Wang Shan He as its new executive director, chairman of the board and president, reports the Edge. Wang’s appointment...

The Ministry of Oceans and Fisheries aims to address uncertainties in global shipping to support export momentum. Plans include helping Korean shippers secure...