Global Shipping News

Iran’s oil export strategy heavily relies on Kharg Island, which has accounted for an impressive 96.6% of all shipments and…

Consumer confidence in the U.K. has plummeted to its lowest point in over a year, primarily driven by rising household…

The recent regulation set by the International Maritime Organization (IMO) regarding fuel intensity targets is poised to significantly impact the…

The tanker market experienced a downturn last month, reflecting various challenges across different segments of the shipping industry. In the…

Tokyo’s consumer price index (CPI) inflation unexpectedly surged by 3.5% year-on-year in April, surpassing the previous month’s 2.9% and the…

The ongoing global trade war, initiated by the US administration, poses a significant threat to economic growth in both the…

During a recent global roundtable, officials expressed growing concerns about rising debt risks faced by low-income countries amidst increasing uncertainties.…

In 2024, the United States achieved a remarkable milestone with its petroleum product exports reaching an unprecedented average of 6.6…

Asia’s middle distillates markets have shown continued positivity, highlighted by an increase in offers from Chinese refiners for May. Cash…

Iron ore futures experienced a decline on Thursday, interrupting a three-day increase due to a stronger supply outlook stemming from…