Global Shipping News

The Capesize dry bulk shipping market experienced a period of gradual strengthening, particularly from midweek onwards. Increased activity and tighter…

Tankers are navigating a complex environment shaped by evolving sanctions, especially concerning Iranian and Russian oil. According to Gibson Shipbrokers,…

A U.S. military-contracted tanker carrying jet fuel was involved in a collision with a cargo ship off the northeast coast…

Stena Bulk has provided an update regarding the Stena Immaculate incident that occurred on March 10, when the container ship…

The Supramax and Ultramax shipping markets in the East Coast of South America (ECSA) are currently experiencing a lack of…

Asia’s middle distillates market wrapped up the week with active trading in the window. However, refiners have set April spot…

Iron ore prices surged on Friday, reaching their highest levels in nearly two weeks, driven by steady demand and growing…

In February, Indian refiners increased their crude oil imports from Latin America and Africa, seeking alternatives to Russian oil due…

Mitsubishi Shipbuilding Co., Ltd., a division of the Mitsubishi Heavy Industries (MHI) Group, has successfully partnered with Mitsui O.S.K. Lines,…

As of March 14, SMM data reported that the total inventory of iron ore at 35 ports stood at 141.17…