Russian Energy Sector Becoming A ‘No-go Zone’

The global energy markets have been redrawn dramatically in the space of less than a week since Russia invaded Ukraine with the world’s largest...

Global Trade Just Got More Expensive, Says Xeneta Chief

The Suez Canal Authority has released a new set of canal tolls on all vessels traveling both north and south. The increase for both...

IRClass Certifies 4 MOL Tankship’s Vessels

Indian Register of Shipping (IRClass) has completed the Condition Assessment Programme (CAP) certification of four vessels owned by MOL Tankship Management Singapore, reads the...

[Watch] Russian Invasion Enters Sixth Day!

The plodding Russian advance on the ground came while Ukraine's second-largest city, Kharkiv, was hit by intense shelling as Vladimir Putin's invasion of the...

CDC Adds A New Highest-risk Destination For Travel

Vietnam was the only destination added to the US Centers for Disease Control and Prevention's highest-risk Level 4 category for travel on Monday, says...

VW Group Vehicles Worth $150 M On Burning Ship

After a burning ship carrying almost 4,000 VW Group vehicles caught fire last week, it now appears that hundreds of Porsche, Bentley, Audi, and...

Maersk Halts All Container Shipping To Russia

Shipping group Maersk will temporarily halt all container shipping to and from Russia in response to Western sanctions on Moscow following its invasion of...

CMA CGM – DB Schenker Inks Biofuel Purchase Contract

DB Schenker and CMA CGM are moving towards decarbonising ocean freight by joining forces to offer green container transport, which immediately reduces the environmental...

Transfar Pays $200,000 Per Day For Containership

Money is no object to the Singapore-registered, Alibaba-linked Transfar Shipping – getting box tonnage, whatever the costs are the priority in today’s tight container...

GMS Week 8 – War Shocks!

Sub-continent markets remain firmly poised for another week, particularly in Bangladesh and a now resurgent India. Oil / gas Pakistan, as seems to be typical for...