Dry bulk FFA market: Tipping point for freight market to end the bull run

The Baltic Dry Index (BDI) was off to a good start this week as the index pushed toward the 1,740 readings, thanks to the positive market sentiments from the higher freight derivative markets.

APL Vanda latest mega containership to run aground

NOL’s 14,000 teu containership APL Vanda has run aground at Bramble Bank, off Cowes, while headed to Southampton from France’s Le Havre port.

A backlog of tankers waiting to enter ports in Venezuela was starting to clear after state run oil firm Petroleos de Ven

A backlog of tankers waiting to enter ports in Venezuela was starting to clear after state run oil firm...

Several Shipping Companies Run into Financial Troubles since New Year

Many shipping companies may have a tough time during this lunar New Year holiday. Several shipping companies in ...

10 Fishermen Missing After Hit and Run off South Korea

Ten out of thirteen Chinese fishermen have been missing since around 8 PM local time Thursday, when their boat ...

Sinopec’s 1st LNG terminal ready for pilot run

The first LNG terminal built by China’s Sinopec Corp is about to wind up and is ready for its pilot run....

China fuel oil: Teapot refiners’ buying interest remains thin amid low run rates

Weak demand and high inventory of refined oil products restrained teapot refiners’ buying interest for...