News Flash

The price of ship fuel is now down to around half the post-Ukraine-invasion peak. Second-quarter fuel surcharges for containerized cargo...

The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, rose on Monday buoyed by...

The newly built, Rs 6,000 crore LNG import facility based in Dhamra on the Odisha coast, owned by the well-known...

VLCC C FREEDOM interrupted her voyage from Korea to Singapore on Apr 1, in South China sea, and called Nha Trang anchorage,...

Global mergers and acquisitions (M&A) activity shrank to its lowest level in more than a decade in the first quarter...

Hyundai Mipo Dockyard, a shipbuilder affiliated with Hyundai shipbuilding group, has sealed a shipbuilding order for vessels capable of carrying...

East China’s Fujian Province-based international shipping association “Silk Road Maritime” on Thursday unveiled six new international ship routes, bringing the...

Adani Ports and Special Economic Zone Ltd (APSEZ) on Saturday said it has completed the acquisition of Karaikal Port Pvt...

The Port of Rotterdam Authority is now constructing the new quay walls, which will be completed by mid-2024. The expansion...

Ships flying the Cypriot flag are faced with a second Turkish embargo as they are prevented from transporting grain from...

Shipping group NORDEN has acquired larger capesize dry bulk ships, aiming to benefit from China’s economy reopening and expectations of...

Euronav NV reported its final financial results today for the full year to 31 December 2022. The large crude tanker...

Capesize The first quarter of 2023 ended with a decline of $95 on the Capesize time charter average (5TC), pricing...

Bunkering at Fujairah would benefit from the transparency that mass flow meters confer and consequently attract more market players, but...

The aftermath of an oil tanker’s sinking in Philippine waters has exposed cracks in the country’s efforts to elevate its...

Lloyd’s Register has awarded Approval in Principle (AiP) to Hyundai Heavy Industries (HHI) for its new Onboard Guidance System, which...

Technology group Wärtsilä has again been contracted by the Hyundai Heavy Industries (HHI) shipyard to supply the Cargo Handling and...

COSCO SHIPPING Holdings Co., Ltd. announced its 2022 annual results. In 2022, COSCO SHIPPING Holdings overcame various difficulties and posted...

Norsepower Ltd., the leading global provider of auxiliary wind propulsion systems, and global shipping company IINO Lines, today announced a...

The European Commission decided today to continue to recognise the Philippines’ training and certification system. ECSA and ICS welcome this...