Scorpio Tankers Orders Two VLCCs as Company Pivots From Product to Crude Market
Scorpio Tankers Inc. (NYSE: STNG) announced Monday it has signed letters of intent to construct two Very Large Crude Carriers at Hanwha Ocean in South Korea,
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Scorpio Tankers Inc. (NYSE: STNG) announced Monday it has signed letters of intent to construct two Very Large Crude Carriers at Hanwha Ocean in South Korea,
When Sun Xiushun began to travel to Guinea just over a decade ago, he was an unknown shipowner desperate to stay in the aluminum game. He found the West
The Houthi militant group in Yemen has announced a suspension of maritime operations against Israel and formally ended its naval blockade of Israeli ports,
The European Commission launched its Sustainable Transport Investment Plan last week, setting an ambitious roadmap to transform the aviation and waterborne
Import cargo volume at major U.S. container ports is forecast to hit its slowest monthly levels of the year in November and December as retailers complete
By Joe Deaux and Laura Curtis Nov 8, 2025 (Bloomberg) –A group of labor unions led by the United Steelworkers slammed the Trump administration for
By Baudelaire Mieu and Katarina Höije Nov 7, 2025 (Bloomberg) –CMA CGM SA, a major global shipping firm, said it will continue operations in Mali,
By Jeff Mason and Nandita Bose WASHINGTON, Nov 7 (Reuters) – The United States has granted Hungary a one-year exemption from U.S. sanctions for using
As the U.S. Trade Representative moves forward with a one-year suspension of port fees targeting China’s maritime dominance, stakeholders across the
The 4,258 TEU containership Laust Maersk is anchored outside the Port of Charleston following a cargo hold fire incident that occurred while en route from
Container spot freight rates on the main east-west deepsea trades saw some uplift this week from the 1 November general rate increases (GRIs), although the
China’s exports unexpectedly contracted in October as global demand failed to offset the deepening slump in shipments to the US, dealing a blow to an economy
Two tankers carrying around 1.5 million barrels of Russian Urals crude have dropped anchor at sea on either end of the Suez Canal, in an apparent sign of the
Global commodity trader Gunvor has withdrawn its proposal to acquire Lukoil’s international assets after the U.S. Treasury Department signaled it would
European naval forces liberated the Maltese-flagged tanker HELLAS APHRODITE Friday afternoon following a dramatic 30-hour hijacking approximately 700 nautical
China has booked two cargoes of U.S. wheat following last week's meeting between the countries’ leaders, traders said on Thursday, the first such purchases
(Bloomberg) — A.P. Moller-Maersk A/S shares fell with investor disappointment over a smaller-than-expected improvement in the container-shipping
The Office of the U.S. Trade Representative has opened a one-day public comment period and provided more clarity on the proposed one-year suspension of port
Copenhagen-based shipping giant A.P. Moller – Maersk has refined its full-year 2025 financial guidance, raising the lower end of its earnings projections
A Maltese-flagged tanker has been boarded by pirates approximately more than 700 nautical miles offshore Mogadishu, Somalia, the latest in a string of piracy
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