News Flash

During the COVID-19 pandemic, liner operators increased the average sailing speed by up to 4% due to strong demand and...

Asia’s imports of liquefied natural gas (LNG) fell in April as major buyers China and Japan trimmed purchases, offsetting small...

The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commodities, edged up on Wednesday,...

Scorpio Tankers announced a strong set of first quarter results, doubling its revenue and returning to profit in the first three...

“In 2022, demand growth for multipurpose vessels slowed significantly, while fleet capacity increased,” Susan Oatway says when summarising the breakbulk and project...

A Chinese state-owned firm said on Monday it plans to take its investment in Sri Lanka to $2 billion by building a...

Container shipping, globally, will be “under pressure” because of high interest rates and inflationary pressures across developed economies; which in turn brings in “recessionary...

Paradip Port Authority’s marine department has awarded Dredging Corporation of India a project worth ₹172 crore to dredge the approach channel, entrance...

On the occasion of the first anniversary of the implementation of the India-UAE Comprehensive Economic Partnership Agreement (CEPA), Commerce Secretary Shri Sunil...

Asia and the Pacific is a relative bright spot amid the more somber context of the global economy’s rocky recovery....

The board of Daewoo Shipbuilding & Marine Engineering (DSME) will likely approve the acquisition by five Hanwha companies of the...

On April 28, HMM, Samsung Heavy Industries, Panasia, and the Korean Register of Shipping signed a business agreement for integrated...

Top global ship fuelling hub Singapore is unlikely to be ready for ammonia bunkering by the end of this year,...

Europe’s marine fuel supplies faced quality issues in the first quarter as the industry scrambled to replace Russian blendstocks with...

Deputy Minister of Shipping Marina Hadjimanoli this week said that as a leading maritime nation, Cyprus has a duty to...

Sea, the intelligent marketplace for fixing freight, has announced the agreed purchase of MarDocs – a recap and charterparty management...

After being detained for almost nine months in Nigeria on charges of attempting to lift oil from an offshore platform,...

Black holes seem to have cousins that appear in the oceans. They are mostly unexplored and are called blue holes....

A bulk carrier was approaching its assigned berth under pilotage. The Master and a helmsman were on the bridge. The...

According to the Philippine Coast Guard, the MV Hong Hai 189 and the MT Petite Soeur crashed near Corregidor Island...