Singapore’s FSL Trust Management has sealed a deal to sell its 2006-built chemical tanker, says an article published in FSL Trust. Price tag not revealed FSL did not reveal the buyer or the price tag, however,...

India’s refiner Indian Oil and Malaysia’s LNG giant Petronas are expanding their joint venture to establish LNG terminals, says an article published in Offshore Energies. Expanding the scope So far, IOC has been importing liquid petroleum...

Croatian dry bulk owner Jadroplov has signed a deal with an undisclosed Chinese shipbuilder for the construction of two 63,000 DWT bulkers, says an article published in Offshore Energy. About the agreement Under the agreement, which...

The total value of the global merchant fleet has hit a new all-time high on the back of this year’s booming container and dry bulk markets, says an article published in Splash. Fleet worth raised According...

POSCO said it has teamed up with Korea Shipbuilding & Offshore Engineering Co. and other partners to develop a carrier of liquefied carbon dioxide in the latest move to reduce greenhouse gas emissions, says...

Grains ships and vessels transporting other products on the Paraguay River are loading at around half capacity due to a historic drought that has hit river levels in the South American region, says an...

Asia's 180-cst high-sulfur fuel oil (HSFO) cargo cash premium soared to their highest level since the start of 2020, more than doubling from the previous session, as tight supplies and strong demand from utilities...

The fully automated container terminal at Qingdao Port – owned and operated by Shandong Port Group, or SPG, based in Qingdao city in East China's Shandong province – on Aug 24 set a world...

It comes as no surprise, that the shipping companies are the most crucial part of the global supply chain. The container shipping lines, with a current active fleet of over 6,200 vessels and a...

Drewry’s composite World Container index increased 2.1% or $204 to $9,817.72 per 40ft container, reports Drewry. Our detailed assessment for Thursday, 26 August 2021 The composite index increased 2.1% or $204 this week, and also,...