Every delay at the Port of Colombo now comes at a heavy price. For Sri Lanka’s apparel industry, time is not just money it’s trust. The recent reports of ships failing to call at Colombo because of ...

"On routes where wind propulsion offers limited advantage, the inherent efficiency of the vessel’s core design becomes paramount. The BT50 design is itself approximately 12% more efficient than the ...

Russia’s Black Sea port of Tuapse has suspended fuel exports, while the local oil refinery halted processing crude following ...

Ukrainian drones struck Russia’s Tuapse refinery and port, igniting fires and forcing an export halt. Kyiv calls it part of a drive to choke Moscow’s war economy.

A Sydney inventor’s solution for dirty ship hulls has attracted $16m funding. Now there are plans to build Australia’s ...

Russian fuel exports through the Black Sea port of Tuapse have been suspended and a local oil refinery has halted operations ...

Average VLCC earnings rose 42% week on week to US$117,541/day, the highest since April 2020, supported by firmer sentiment, a ...

American sailors and personnel from nine other nations wrapped up a two-week exercise in Samoa as part of an annual U.S. Navy ...

Tragically, the Australian Maritime Safety Authority is investigating the death of Suzanne Rees, an 80-year-old passenger ...

Prices tumbled to five-year lows in February as fleet additions outpaced demand, though they jumped to an eight-month top in ...

The U.S. is escalating enforcement against Iran’s covert oil trade. Beijing’s refiners have increasingly relied on Russian, Iranian and Venezuelan oil, much of it carried by older or reflagged “shadow ...

Distillate fuel oil sales also increased, although by a much smaller margin, from 8% of total bunker fuel sales in 2019 to 9% ...