ReCAAP: Rise in Number of Piracy And Armed Robbery Incidents Against Ships In Asia During Jan.-Aug. Period

A total of eight incidents of armed robbery against ships1 were reported in Asia in August 2018. No piracy...

Maersk’s Fuel Costs Set to Rise by USD 2 Bn from 2020 Sulphur Cap

The annual fuel bill of Danish shipping giant A.P.Moller Maersk is set to increase by USD 2 billion a year, at...

Vale’s iron ore output will rise only if prices increase: CEO

The chief executive officer of Brazil’s Vale SA, the world’s largest iron ore producer, said in an interview published on Sunday that the company would ramp up annual production to 450 million tonnes only when prices rise.

China June seaborne iron ore set to rise to record despite hefty stockpiles -Eikon data

China’s June seaborne iron ore imports are on track to rise to a record high, data on Thomson Reuters Eikon showed, stoking concerns of oversupply as hundreds millions of iron ore are being stockpiled at Chinese ports.

McQuilling: Clean Tanker Rates Rise on US Gulf-Caribbean Route

Freight rates for clean tankers in the US Gulf-Caribbean are on the rise, underpinned by a conglomerate of...

Japan: Shipbuilding training back on rise

An increasing number of high schools in the Chugoku and Shikoku regions have launched courses aimed at supplying...

India farm protests push for rise in edible oils import tax

India’s government is facing mounting pressure to raise import duties on edible oils after farmers staged...