China seeks WTO backing for $7 billion sanctions on U.S. over dumping duties

China told the World Trade Organization (WTO) on Tuesday it wanted to impose $7 billion (5.38 billion pounds) a...

Analysis: Singapore’s MFM mandate helping to clear dark clouds over bunkers

Singapore’s move to make mass flow meters mandatory for fuel-oil deliveries, starting this year, is not only...

Cosco pays a full price to take over Orient Overseas. What does this mean for the flagging port of Hong Kong?

Just as China’s flagship aircraft carrier arrived in Hong Kong’s Victoria Harbor last week for the...

Hyundai Heavy calls out union over ‘overblown’ shipping data

Amid tense labor disputes, Hyundai Heavy Industries is speaking out against its labor union, arguing that members...

Mixed bunker fuel availability at Malta following surge in premium over benchmark

Supply of bunker fuel at Malta was heard mixed Thursday, amid a year high in the assessment’s premium over...

Analysts divided over shipbuilders’ further rebound

Stocks of South Korean shipyards, led by Hyundai Heavy Industries Co., suffered losses in the past few weeks due...

KMG International invests over $100 mln in Romania’s Midia terminal in 2007-17

KMG International (KMGI), the major shareholder of Romania’s Rompetrol Rafinare, said it has invested over $1...