Why China decided to impose sanctions on Korean shipyard firm?
China’s recent sanctions against Hanwha Ocean’s US-linked affiliates represent a calculated geopolitical signal rather than an economic weapon.The post Why ...
Latest Shipping & Logistics News
10,876 articlesBahri seals 10-year VLCC deal with South Korea’s S-Oil
Saudi Arabian shipping giant Bahri has renewed its long-term contract of affreightment (COA) with South Korean refiner S-Oil, extending a partnership that has b...
Tanker blaze kills 10 workers at Batam yard
At least ten people were killed and 21 others injured when an oil tanker caught fire early Wednesday while undergoing repairs at a shipyard in Indonesia’s Ria...
Saipem bags $700m worth of offshore deals with BP in Azerbaijan
Italian energy services major Saipem has been awarded three new offshore contracts for the Shah Deniz Compression project operated by supermajor BP in Azerbaija...
US and Saudi lead move to sink IMO’s Net-Zero Framework
The United States and Saudi Arabia have launched a coordinated push to stall and potentially derail the International Maritime Organization’s (IMO) Net-Zero F...
UK strikes Rosneft, Lukoil and shadow fleet in toughest sanctions yet
The UK government has launched its strongest sanctions offensive to date against Russia’s energy sector, directly targeting oil majors Rosneft and Lukoil, fou...
Glomar Offshore MPSV to join DeepOcean fleet under new charter deal
Norwegian ocean services contractor DeepOcean has entered into a time charter agreement for Glomar Offshore’s multipurpose support vessel Glomar Supporter.Dee...
What happens when the world’s ballast currency starts to slip?
The dollar’s wobble exposes shipping’s one-currency weakness, writes Andrew Craig-Bennett.As we all know, to generate a really big shipping crash, you must ...
PSA advances maritime resilience with AI innovation
PSA and ASTAR Institute of High Performance Computing have embarked on a three-year joint research initiative to strengthen Singapore’s position as a resilien...
Australia Post to invest $320M for parcel super hub
Australia Post Group will invest US$324 million to build an ultra-large parcel processing center in a former automotive manufacturing plant located in South Aus...
How Triumph’s data reveals owner operator resilience
The quarterly letter to investors from Triumph Capital CEO Aaron Graft took on several issues in its Wednesday release, including why the company’s factoring ...
Trump DOT punishes Newsom on truck driver language rule
WASHINGTON — Highway police and motor carrier inspectors in California are out over $40 million for failing to place truck drivers that violate the Trump ...