South Korea starts first Arctic container ship trial
A South Korean container ship has left Busan for Europe on the country’s first Arctic trial involving commercial container cargo. PanStar Acro departed Busan New...
Tag : shipping
Brent and WTI extend losses after sharp crude market selloff
Oil prices fell further on Wednesday after a steep two-day selloff pushed Brent and U.S. crude to three-week lows. Brent crude futures dropped 92 cents,...
India unveils sovereign-backed maritime insurance pool
India on May 12 launched the Bharat Maritime Insurance Pool, a $1.5 billion domestic marine insurance mechanism backed by a sovereign guarantee of $1.4 billion,...