Global Shipping News

The shipping industry is currently grappling with increased operational costs and route disruptions, largely influenced by geopolitical tensions and rising…

As the potential for new tariffs from the United States looms, businesses within the eurozone are exhibiting a slight shift…

In 2024, global energy demand surged at nearly double its recent average pace, driven by a significant rise in electricity…

Steel makers in China’s Xinjiang region have begun reducing production, following a national directive aimed at managing overcapacity in the…

The European Union’s impending ban on the transshipment of Russian liquefied natural gas (LNG) at its ports could significantly impact…

Xmar, a rapidly expanding digital bunker trading platform, has reached a significant milestone by trading over 100,000 metric tonnes of…

Lloyd’s Register (LR) is set to introduce its newly restructured LR Advisory service during Singapore Shipping Week this week. This…

Reports suggest that U.S. President Donald Trump may choose to exclude certain sector-specific tariffs during the reciprocal tariff announcement on…

The International Energy Agency (IEA) released its latest global review highlighting the positive trends across different energy sectors, with renewables…

OPEC+ is expected to proceed with its plan to increase oil output for the second consecutive month in May, according…