News Flash

The Hong Kong International Convention for the Safe and Environmentally Sound Recycling of Ships (the Hong Kong Convention) is set...

Asian clean tankers freight will likely come under downward pressure in the next few weeks due to weak demand to...

The Baltic Exchange’s main sea freight index recorded its biggest daily percentage decline in nearly a month on Tuesday as...

Navigational error resulting in collision or grounding is one of the highest safety risks associated with maritime transport. Safe navigation...

Middle East crude benchmarks eased for a third straight session as cargo deliveries continued to ramp up towards the end...

One year into a new Group strategy, and during a year of geopolitical turmoil, high inflation, and heavy sanctions across...

As it saluted seafarers on the annual International Day of the Seafarer, Jamaica has praised the role mariners across the...

China’s shipbuilding industry saw new vessel orders surge 49.5 percent year-on-year in the first five months of 2023, official data...

A.P. Moller – Maersk (Maersk) has made an order for six mid-sized container vessels – all having dual-fuel engines able...

Asia’s cash premium for very-low sulfur fuel oil (VLSFO) eased further on Monday as offers dipped from the previous week,...

The global shipping industry can reduce emissions by nearly 50% by the end of the decade, according to a new...

The International Chamber of Shipping (ICS) launches today a video titled ‘An Adventurous Spirit’, signifying the start of a global...

The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commodities, declined on Monday after...

DP World is accelerating its adoption of renewable energy at the Port of Santos, Brazil’s leading multipurpose private terminal, as...

Indian state-run refiner BPCL is in talks with Rosneft to buy about 6 million metric tons (43.8 million barrels) of...

Asian spot liquefied natural gas (LNG) prices were down this week but remained 33% up from its lowest level in...

Russian President Vladimir Putin June 24 faced down an attempted military insurrection by mercenary warlord Evgeny Prigozhin but the attempted...

Maritime nations including Denmark and the Marshall Islands are rallying support for a global carbon dioxide emissions levy on shipping,...

 The number of “green” ships ordered is growing in size, as the industry is beginning its long journey towards decarbonization....

The tanker market’s medium-term momentum remains positive after the latest round of reports. In its latest weekly report, shipbroker Gibson...