Singapore residual fuel oil inventories fell 2% in the week ended Aug. 18 to an over five-month low amid limited net imports, official data showed… Read More »Limited imports send Singapore fuel oil stocks to more than 5-month low
Ningbo-Zhousan may not exactly be a household name, but find something in your house made in China and it’s quite likely it was delivered from… Read More »COVID-19 is causing yet another shipping bottleneck in China, driving container rates through the roof
A.P. Moller – Maersk has identified its partners to produce green fuel for its first vessel to operate on carbon neutral methanol: REintegrate, a subsidiary of… Read More »Maersk Secures Green e-Methanol for First Vessel Operating on Carbon Neutral Fuel
Grindrod Shipping Holdings Ltd., a global provider of maritime transportation services predominantly in the drybulk sector, announced its earnings results for the three months ended… Read More »Grindrod Shipping Holdings Ltd. Takes Advantage of Improving Dry Bulk Market
The National Development Council (NDC) on Monday approved a plan to invest NT$38.166 billion (US$1.37 billion) over five years to upgrade seven international commercial ports… Read More »Taiwan to renovate 7 ports with 5-year, NT$38 billion plan
For the First Half of 2021 Revenue for the period: US$48 million Net profit for the period: US$91million included reversal of impairment loss on owned… Read More »Jinhui Shipping And Transportation Reports 275% Rise in Second Quarter Revenues, as Dry Bulk Market Recovers
Shipping Corporation of India has been in focus over the last month or so over the government’s plans to divest its stake. We spoke with… Read More »Container prices at unforeseen record levels, expected to continue till the end of FY22: HK Joshi
Containerised shipping underpins the transport and delivery of global manufactured goods, including inputs, parts, components and consumer goods. On the heels of the Covid-19 pandemic… Read More »How to cushion consumers from high maritime freight rates
2021 will be the first year in the history of container shipping when carrier profits approach $100 billion and average freight rates jump by 50… Read More »Container shipping market ‘is really crazy right now’ – Analyst
The VLCC market is stuck in limbo with spot rates for hauling crude from the Middle East to Far East staying almost static since the… Read More »Depressed rates weaken VLCC market, force owners to idle ships
