Baltic Exchange’s main sea freight index , which tracks rates for ships carrying dry bulk commodities, fell for the fifth consecutive session on Tuesday,...
According to broker reports, Maran Tankers has sold its oldest VLCC in the framework of the renewal of its fleet.
Specifically, the Hyundai Samho-built Maran...
Oman’s state-owned transport group Asyad is weighing the sale of a strategic stake in its subsidiary Oman Shipping Company (OSC), sources familiar with the...
OPEC+ ministers called off oil output talks on Monday after clashing last week when the United Arab Emirates balked at a proposed eight-month extension...
Samsung Heavy Industries Co. has won a deal worth 654.5 billion won ($579.2 million) to build three liquefied natural gas (LNG) carriers.
The shipbuilder announced...
Seacon Shipping Group Holdings Limited announced that its wholly owned subsidiary has agreed to acquire a 40 percent equity interest in CIMC Xinde Leasing...
DP World, a global leader in logistics and supply chain solutions, announces the renewal of a long-term agreement with Hapag-Lloyd, one of the world’s...
After reaching new cargo heights in July, Port of Los Angeles volume remained strong in August. The Port efficiently processed 958,355 Twenty-Foot Equivalent Units...
