Crude oil markets showed resilience at the start of the Nov. 29-Dec. 3 trading week, after free-falling at the end of the previous week as the emergence of a new and highly infectious strain...

Urea carrier suffered fire in engine room at 0715 WIB (UTC +7) Dec 1,  reportedly in load, reports Maritime Bulletin. What happened? Urea carrier suffered fire in engine room at 0715 WIB (UTC +7) Dec 1,...

Asian middle distillate markets started the Nov. 29-Dec. 3 trading week on a softer note as news of increasing supplies amid an unviable arbitrage economics, and concerns over the new Omicron variant of the...

State environmental regulators are proposing a $3 million fine for the Hyundai Glovis Co. logistics and shipping firm after a cargo ship carrying vehicles capsized and polluted ocean waters off the Georgia coast, reports...

Scientific advisers are bracing themselves for hundreds of UK cases of the Omicron Covid variant to be confirmed in the next week or so, the Guardian has learned. Evidence of community transmission also...

Ocean carrier Zim, by far the largest U.S.-listed shipping company by market cap, just blew away the profit forecasts, reports Freight Waves. Extreme negative effect The Israel-based shipping line is particularly exposed to the trans-Pacific trade...

Japan's LNG imports in October declined 22.1% year on year and 14.5% from the previous month to 4.63 million mt, according to the latest Ministry of Finance data, reports Platts. During January-October, however, LNG shipments...

The world’s first methanol-fueled towboat is set to to join the fleet of Metairie, La., based Maritime Partners LLC and become available for charter in 2023 to meet the pressing demand for sustainable towboat operations,...

Europe is once again the centre of the Covid-19 pandemic with rising cases and deaths across the Continent as it battles a fourth wave of infections. For the weekly tanker market report please click here Did...

A bearish sentiment is expected to dominate the European butane and gasoline markets as COVID-19 infections surge, while petrochemicals demand could support naphtha, says a Market Insight article published in Platts. Gasoline The bearish sentiment...