Heavy distillates stocks down 36.8% in past year Bunker market strengthens Stockpiles of oil products at the UAE's Port of Fujairah declined to a five-month low with fuel oils for power generation and marine...

Qatar Petroleum (QP) has awarded Spanish engineering firm Técnicas Reunidas a major engineering, procurement, and construction (EPC) contract for its North Field Expansion Project, says an article published in Offshore Energy. World’s biggest non associated...

A decline in shipments of west African crude to China has pushed freight rates for very large crude carriers (VLCCs) on the route to record lows this summer, says an article published in xindemarinenews. Lowest...

Nasdaq-listed Globus Maritime has secured new charter deals for two of its vessels, says a press release published on their website. New charter deals The Greek bulker owner has chartered the 2007-built supramax Sun Globe, securing $32,000...

Vaccine effectiveness against Covid-19 infection dropped from 91% to 66% once the Delta variant accounted for the majority of circulating virus, according to a study published Tuesday by the US Centers for Disease Control...

The Baltic Exchange has released a report about the dry bulk market for the 33rd week of shipping activities of this year. The report dated 20th August highlights the dry bulk market conditions at the...

The scale of shipping’s challenge to transition from fossil-based fuels to renewables must not be underestimated. Stena stands firmly behind the industry’s ambition to eliminate the use of fossil fuels as soon as possible...

International ship classification society, Indian Register of Shipping (IRClass) has played an integral role in the drafting of the Inland Vessels Bill which was recently passed by the Parliament.  The Inland Vessels Act 2021 repeals...

NHS Covid pass still not recognized in some EU countries British tourists facing difficulties following a delay in linking NHS Covid pass to EU’s system UK in technical talks with the commission for...

The rapid spread of the highly infectious Delta variant and low vaccination rates have caught much of Asia off guard. While year-on-year corporate and economic indicators continue to show strong recovery, quarter-on-quarter indicators...