The targeting of commercial shipping, primarily in the Black Sea, continues as both Russia and Ukraine have escalated their efforts this summer. Ukraine has mostly been focusing on the oil sector in Russia and aiming to cut off supplies to…
ABS joined Hanwha Shipping for the naming ceremony of the ELANDRA K2, a 320,000-dwt very large crude carrier (VLCC) built to ABS Class at Hanwha Ocean’s Okpo Shipyard. The vessel is the first in Hanwha Shipping’s fleet.
Up to 70 vessels are waiting near the Danube's Sulina Canal for access to Ukrainian ports to load grain for export, traders and analysts said on Wednesday, with a shortage of pilots and priority given to other cargoes creating long…
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.
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.
