Singapore’s port sets new records for vessel arrivals, shipping containers handled in 2024
SINGAPORE – Singapore’s port registered a new record of 3.11 billion gross tonnes in arriving ship traffic in 2024, up from ...
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Hyundai LNG Shipping joins growing list of owners offering steam tonnage for sale
Shipowner Hyundai LNG Shipping has put a 29-year-old steam turbine driven LNG carrier up for sale, joining other South Korean ...
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Supertanker shipping rates surge after U.S. sanctions hit availability
up WS10.40, and the rate for VLCCs carrying West African oil to China rose WS9.55 to WS61.44, according to another shipbroker source. Shipping crude from the U.S. Gulf to China will now cost $6.82M ...
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As Retail Hails East Coast Port Deal, US-Bound Container Prices Might Ease
NRF and RILA are breathing a sigh of relief, while firms like Maersk, Hapag-Lloyd and Cosco saw stock prices tank amid an ...