‘No end to conflict in sight’: Red Sea disruptions driving lion’s share of tanker demand, Bimco says
Crude and product tankers will reportedly see market weaken next year if the Red Sea situation normalises
‘Supermajor’: Subsea7 lands Petrobras offshore deal worth more than $1.25bn
Kristian Siem-backed group secures huge contract to develop Buzios 9 oilfield 180 km off Brazil
India set for wheat imports after six years, to shore up reserves
India is poised to begin wheat imports after a six-year gap, to replenish depleted reserves and hold down prices that…
Bangladesh’s May HSFO imports to rise 10% on month, led by higher power demand
Bangladesh’s high sulfur fuel oil imports are set to increase on the month in May, as scorching summer temperatures have…
CPC expects to miss 2024 oil export target by 7%
Caspian Pipeline Consortium, which exports crude oil from Kazakhstan via a Russian Black Sea terminal, expects its oil exports to…
Johns Hopkins Starts Large-Scale Study of Bridge Strike Risks
In the wake of the collapse of the Francis Scott Key Bridge, a team of experts at the Johns Hopkins…
Unforeseen Changes Send Container Rates Back to Pandemic-Era Levels
An unusual confluence of supply and demand is driving ocean freight rates back up towards late-pandemic highs, according to logistics…
Asia-US container ship reliability climbed to six-month high in April: Sea-Intelligence
The West Coast’s sharp jump in on-time performance – the highest gain of the 34 trade lanes covered by the…