Major oil tanker operators await insurers’ nod to resume Red Sea transit
Sources from at least two major oil tanker companies said Jan. 24 that their fleets have yet to resume transits through the Red Sea, as they await greenlights from...
Sources from at least two major oil tanker companies said Jan. 24 that their fleets have yet to resume transits through the Red Sea, as they await greenlights from...
The United States has clarified to India that tankers loaded with Russian oil have to discharge by Feb. 27 under the latest sanctions targeting Moscow’s oil revenue, India’s oil...
Drewry’s World Container Index decreased 11% to $3,445 per 40ft container this week. Our detailed assessment for Thursday, 23 January 2025 The Drewry WCI composite index decreased 11% to...
The Ministry of Transport has announced the launch of the marine survey project in the State of Qatar, with the aim of updating the country’s navigational maritime charts, and...
Asia’s very low sulphur fuel oil (VLSFO) market weakened on Friday, while trade sources eyed lukewarm bunker demand this week. Cash premium for VLSFO extended declines for fourth trading...
The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, fell on Friday and posted its third straight weekly loss, weighed down...
In light of Israel and Hamas recently agreeing to a ceasefire deal, A.P. Moller – Maersk would like to bring you an update on the re-routing of our networks...
The Maritime Youth Forum 2025, a platform to build a community amongst Singapore’s university and polytechnic students across diverse disciplines and connect them with the industry, welcomed over 250...
SEATTLE, Jan 24 (Reuters) – Boeing warned on Thursday that it expected a fourth-quarter loss of about $4 billion to close a year marred by…
Singapore onshore fuel oil storage volumes bounced back above 21 million barrels and remained above average for a sixth straight week, official data showed on Thursday. Residue inventories were...