Container freight rates soar as supply chain disruptions intensify Maersk posts most profitable quarter in its history Bunker fuel costs jump in Q3 2021 as oil prices recover steadily A.P. Moller-Maersk -- the largest...

Crude oil futures rebounded from 4-week lows in mid-morning trade in Asia Nov. 5 on investor dip-buying, with market watchers saying the near-term outlook for oil prices remained bullish with the market still stuck...

Ships take bunker fuel for two voyages ahead of New Year's holiday. Shipowners prefer bunkering during cargo works. Power companies seek fuel oil for winter. Japan's bunker supply expected to tighten in Nov on...

CMA CGM agreed to acquire the Fenix Marine Services (FMS) container terminal at the port of Los Angeles in a deal worth around $2 billion that will extend its presence in a crucial hub...

PNE Marine Holdings has executed an agreement with Fincantieri Bay Shipbuilding to build a 5,500 cubic meter (“CBM”) LNG bunker barge. PNE and Polaris are subsidiaries of Northstar Terminals, a portfolio company of...

EUROPEAN shipowners want the cost of  buying carbon allowances to be passed to commercial operators, not owners. And for this to be enshrined in law when the maritime sector becomes part of the...

CEO says 300 container vessels unable to offload at ports. Points to shortage of truck drivers. Profit boosted by record freight rates. Expects demand growth to slow next year. A recent news article published...

China's Sinopec has signed a contract with U.S. Venture Global LNG to buy 4 million tonnes of liquefied natural gas (LNG) annually for 20 years, reports Reuters. 20 year LNG contract China Petroleum & Chemical Corporation...

A high-profile corner of the container-ship charter market has taken “a dive,” according to Alphaliner. Small and medium-size vessels taken for short, multimonth rentals at mind-bogglingly high rates. There is a connection between...

Emma Baumert admits that when she first put on the high-tech headband she felt silly.  As a stressed brain gives off more waves or signals, due to increased electrical activity, the idea is,...