Global Shipping News

U.S. crude oil inventories have reported builds for the fourth consecutive week as of April 18, according to data released…

Kazakhstan’s recent defiance of the OPEC+ oil production alliance may indicate a potential exit from the group, presenting a significant…

HD Korea Shipbuilding & Offshore Engineering (KSOE) has reported a remarkable operating profit of 859.2 billion won (approximately $598.1 million)…

Wärtsilä Gas Solutions, a division of the technology group Wärtsilä, and Höegh Evi, a leader in marine energy infrastructure, have…

Indonesia’s efforts to implement a government-regulated price for coal, known as the HBA, are not gaining traction with major buyer…

The European Investment Bank (EIB) has announced its advisory support to Greece’s National Investment Fund, Growthfund, aimed at enhancing the…

On Thursday, the spot differential for high sulphur fuel oil (HSFO) in Asia decreased, reversing a brief uptick into premium…

Lloyd’s Register (LR) has announced an important enhancement to its Global Fuel Finder tool, which now includes capabilities for biofuels.…

Three additional Russian insurers have requested approval from India to provide marine insurance for oil shipments destined for Indian ports.…

Japan holds a prominent position as the world’s third largest shipping nation, commanding ownership of approximately 12% of the global…