Crude oil spot prices recorded solid gains in May, buoyed by strong physical crude market fundamentals.Tight oil product markets and high refining margins have...
Cosco Shipping Specialized Carriers has signed financial leasing contracts with three major Chinese banks for 12 multi-purpose vessels.
Specifically, it has inked two operating lease...
The Baltic Exchange’s main sea freight index extended its retreat on Monday, touching a near two-month low as vessel segments dipped.
Lower Baltic rates...
The shipping industry needs a fixed carbon price to mitigate the uncertainties of its energy transition and to avoid manipulation of carbon markets, the...
Genco Shipping & Trading Limited (NYSE:GNK) (“Genco” or the “Company”), the largest U.S. headquartered drybulk shipowner focused on the global transportation of commodities, reported...
The Port of Klaipėda delivered a strong performance in the first half of the year, demonstrating resilience in a changing market environment and further...
DP World is expanding the electrification of its port operations in Chile with the introduction of seven 100% electric Internal Transfer Vehicles (ITVs) and...
The U.S. Department of Transportation’s Maritime Administration (MARAD) today joined leaders from California’s Port of Long Beach to celebrate a new partnership focused on...
