Global Shipping News

The Capesize market saw a significant decline last week, reflecting weak sentiment amid low activity in both the Atlantic and…

According to Gibson Shipbrokers, recent forecasts indicate a significant shift in crude oil demand, particularly from China. The expectation for…

The U.S. Department of Energy has announced that the completion of crude oil deliveries to the Strategic Petroleum Reserve (SPR)…

Goldman Sachs analysts recently reported that the options markets indicate only a 4% chance of a significant disruption in oil…

Iron ore futures experienced a significant rise on Friday, marking their largest weekly gain since mid-May as a result of…

The International Salvage Union (ISU) has released its annual statistics for 2024, highlighting key trends within the salvage industry. These…

Drewry has reported an increase in its Global Container Port Throughput Index for April, rising 5.6% year-over-year (YoY) and 0.5%…

China’s industrial profits experienced a significant decline in May compared to the previous year, driven by weakening factory activity amid…

Asia’s middle distillates markets experienced a decline last Friday, primarily due to an influx of supply for July that dampened…

On Friday, Russian President Vladimir Putin announced that the OPEC+ group, which includes major oil producers like Russia, anticipates an…