Singapore bunker volumes expected to set record high in 2016

The Maritime and Port Authority of Singapore (MPA) expects 2016 sales of bunker fuel for ships to rise to a record for a second consecutive year, with early estimates showing volumes increased 7.7 percent to 48.6 million tonnes, it said on Wednesday.

Black Sea Freeze Hitting Major Ports Spurs Grain-Crunch Concern

The cold blast across eastern Europe is raising concerns about a grain-export crunch as icy conditions restrict navigation at some of the region’s most important ports. Blizzards and gales are curbing movements of vessels at Bulgaria’s Varna port and nav

Creditors apply to freeze CSC Phoenix assets

CSC Phoenix, the financially troubled subsidiary of CSC Sinotrans, announced that it has received 17 civil ruling...