MarineCraft News Desk 
Abu Dhabi National Oil Company (ADNOC) and Kuwait Petroleum Corporation (KPC) have provisionally chartered four supertankers this week to load oil at Fujairah in the United Arab Emirates bound for Asia, according to trade sources and shipping data.
The Baltic Exchange's dry bulk sea freight index extended its winning streak to a fifth consecutive session on Wednesday, buoyed by gains across all vessels, with Capesize segment climbing to an over two-week high.
Japan unveiled a comprehensive plan on Wednesday to strengthen the resilience of its energy supply, including support for pipeline projects that bypass the Strait of Hormuz, the gateway to almost all of its imported crude before the Iran war.The plan…
China’s ports are continuing to support the expansion of the country’s exports despite the Trump administration’s efforts at tariffs. China now has six of the top 10 ports by volume, according to Alphaliner’s latest rankings, and in a surprise move,…
Analyst and media commentary on Operation Economic Outcast, US Treasury Secretary Bessent’s plan to squeeze Iran financially, has focused on how long it will take for the effects of his squeeze to have a decisive impact on the Iranian political…
The Indian government continues to pursue its vision of expanding its national shipping capabilities as part of a plan to achieve greater independence and lower the amount of money spent on foreign shipping.
