The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, fell to the lowest in nearly three years, pressured...

Stena Drilling are pleased to announce that we have signed a new Contract with Ithaca Energy (UK) Limited for Mobile Offshore Drilling Unit (MODU)...

Capital Product Partners L.P. released its financial results for the fourth quarter ended December 31, 2022. Highlights  Three-month periods ended December 31, 20222021Increase/(Decrease)Revenues$79.9 million$63.6 million26%Expenses$42.1 million$35.7...

For decades, a steady stream of ocean tankers has filed back and forth between a small cluster of ports in northwest Europe and the...

Belgian oil tanker and storage operator Euronav has flagged rising demand from China after it reported better-than-expected fourth-quarter sales driven by large crude tanker...

China’s shipbuilders have kicked off the new year on a busy note, as they are handling new orders. One such company is the Shanghai Waigaoqiao...

This week, the Joint Ministerial Monitoring Committee (JMMC) of OPEC+ held a virtual meeting where they agreed to maintain current production levels…

Oil prices will see a gradual rise this year as demand recovery spurred by China’s reopening and supply shortfalls due to sanctions on Russia...

DP World has won a major concession to develop, operate and maintain the mega-container terminal at Deendayal port in Gujarat, on the western coast...

Singapore’s Keppel Corp said on Thursday its net profit for the year fell 9%, partly hurt by weak performance from its urban development business...