China Rely More On Regular Suppliers As Crude Imports Slump

Top 10 suppliers take 89% of market share in Oct Imports from Saudi Arabia jump 20% on year Russian arrivals up 1.3% on...

NGO Urge IMO To Reduce Black Carbon Emissions In The Arctic

Virtual meeting of the IMO, PPR 8, 22-26 March opens today, non-governmental organisations are calling on the IMO to reduce climate-warming emissions of...

SFL Corp. Buys Aframax Tanker Quartet in A $160M Deal

SFL has acquired the ships from Frontline affiliate Hemen Holdings for $160m, reports Lloyd's List. Aframax charters worth $160m SFL Corporation has swooped for four modern...

Bad Weather Does Not Stop Sinopec

The ramp-up in gas supply is on account of another cold snap. China's Central Meteorological Observatory issued a "blue" warning on Nov. 19,...

Here’s What Dwindles Asia’s Stock Market

Asian shares are falling as worries about inflation set off expectations the U.S. Federal Reserve might accelerate its plans to raise interest rates  ...

Thun Takes Delivery of Fourth LNG-powered Ship

Thun Tankers has welcomed Thun Empower, the last in a series of LNG-fueled chemical tankers built by Dutch shipbuilder Ferus Smit, says a press release...

Allied’s Weekly Market Report – Week 46, 2021

It is rather difficult to describe the current situation in the dry bulk sector, given the disarray that has been noted in the freight...

KSOE Bags Order Worth $627m

Korea Shipbuilding & Offshore Engineering (KSOE) has secured an order for ten liquefied natural gas (LNG)-powered containerships worth approximately KRW 745.6 billion ($627 million),...

You Touch What You See On Metaverse

It looks like a prop from a Predator movie, but a device like this is one step on the path to achieving genuine...

Tanker Engine Room Fire, 2 Crew Dead

Two crew members were critically injured when a fire broke out in a product tanker off the coast of Portugal as reported by Maritime...