Brullo Group adds second advanced tanker from China
The Italian Brullo Group is accelerating its fleet expansion with the purchase of a second high-tech chemical/oil tanker. Less than seven months after receiving...
Shipping News
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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 ...
Bahri 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...
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...
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 ...
Adani and Google partner to build data centre in Visakhapatnam
Adani Enterprises, through its joint venture company AdaniConneX, and Google announced a landmark partnership to develop India’s largest AI data centre campus...
Container charter market faces imminent correction after five-year boom
The container shipping sector is seeing a widening gap between freight rates and charter rates. Despite falling spot freight rates, containership charter prices...