Russia and China are doubling down on claims that the United States is conducting biological weapons research in "biolabs" across war-torn Ukraine – assertions that leaders in Washington and Kyiv have called absurd, reports FoxNews. Alleged research labs Russian diplomat...

Crude oil futures were higher in mid-afternoon Asian trade. Gulf state's commitment to OPEC+ monthly production increases. The OPEC+ alliance has been increasing monthly output. In mid-afternoon Asian trade, crude oil prices were up....

Merchant ship hit by a missile. Food shortages and inflation around the world. Russia denies responsibility for the attacks. A blast was heard by the crew of a Bangladeshi ship stuck near the Ukrainian...

Government launches new series of loans worth £150 million to support innovative SMEs and level up the UK Launch of the loans programme will broaden the financial support available to businesses, ensuring they...

Allows refiners, importers to lower stockpile by 4 days until Apr 8 Japan's oil release equates to 12.5% of IEA's total oil release Japan sells 2.26 mil barrels crude from national oil reserves According...

German carrier Hapag-Lloyd has further strengthened its foothold in the African market having struck a deal to acquire the container liner business of Deutsche Afrika-Linien (DAL) for an undisclosed sum, reports Splash 247. About the...

Norway’s Equinor has installed the fifth and final platform at the Johan Sverdrup field in the North Sea. The platform was installed using the Allseas-owned and world’s largest heavy-lift vessel, Pioneering Spirit. Earlier this month,...

During 1-7 Mar 22, four incidents of armed robbery against ships in Asia were reported to the ReCAAP ISC, comprising three CAT 31 incidents and one CAT 42 incident, reports Safety4Sea. The four incidents All four...

With the current global events taking centre stage and infiltrating our daily lives, it is no different for the VLCC market, as unprecedented bunker prices bite hard on owners returns. As other sizes benefit...

Diana Shipping Inc. (NYSE: DSX), through a separate wholly-owned subsidiary has entered into a time charter contract with Bunge S.A., Geneva, for one of its Capesize dry bulk vessels, to be named “Florida”, says...