Asia-US East Coast spot rates surge to $11,259 per feu while Asia-Europe plunges to $4,103, creating a $7,100 gap.
New US law targets Russia’s shadow fleet and allows 100% tariffs on goods from top buyers China and India.
Nasdaq-listed Toro Corp has acquired two product tankers for a combined $83.4m.
Augusta Due signs contract for three 40,800 dwt oil and chemical tankers with Chinese builder Sealand Equipment
Transnet launches 25-year concession for an 8,900 m² LNG terminal to slash coal dependence and power industrial growth.
Hanwha Power secures ABS approval for a 22,000-cubic-meter LNG-ammonia bunkering vessel with hybrid propulsion.
Beijing expands its only overseas military base with advanced radar and communications to watch US and Iranian.
Beijing’s only overseas military base now bristles with 30-metre dipole antennas and 5G towers, CSIS reports.
The US Navy’s second-youngest Nimitz-class carrier rejoins the fleet after an 18-month.
Pakistan accuses Indian warship INS Kolkata of 'dangerous manoeuvres' in its EEZ before collision.
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