Brokers said South Korea’s Sinokor Maritime was said to have fixed the vessel at a rate of $51,000 per day. Sinokor has been ...

Despite the declines in the Middle East-to-Asia trade, the futures contract for March gained $930,000 to reach $48.50 per ...

A US federal judge has put a halt to HMM’s lawsuit against Samsung Electronics in California as the South Korean giants continue their fight over shipping fees in Washington DC.

Ecuador’s navy has seized 800 kg of cocaine found on a Hapag-Lloyd container ship. The navy reported that an armed 25-strong ...

Ecuador’s navy has seized 800kg of cocaine found on a Hapag-Lloyd container ship. The navy reported that an armed 25-strong ...

Gasum is chartering in an LNG bunker vessel newbuilding which it will jointly own with Sweden’s Sirius Shipping as the Nordic ...

President may have little sway over drilling, but EV and tariffs could have an impact on the crude market trajectory ...

Russia has rebuked shipping’s chief regulator, Arsenio Dominguez, and accused his global maritime body of offering “covert ...

UK nuclear start-up Core Power has launched a new US initiative aimed at capturing a slice of a floating power market that it says is worth $2.6 trillion. The Mikal Boe-led company is set to develop a ...

Rates for vessels taken on multi-year charters are up 60% year-on-year. Greek owner Chartworld Shipping is reported to have secured a three-year charter for the 4,255-teu Baltimore Star (built 2008).

“This shift in capacity utilisation could push VLCC spot rates from the current $45,000 per day to nearly $80,000 per day,” ...

The imprisoned transport tycoon Ziyavudin Magomedov has been ordered to pay £7.5m ($9.4m) in court costs after losing a UK ...