News Flash

There wasn’t too much movement in the S&P or the newbuilding markets this past week. In its latest weekly report,...

Jiangsu Huadian Ganyu LNG terminal has started construction at Ganyu port, Lianyungang in China’s eastern Jiangsu province, the local government...

In a meeting between Head of Iran’s Ports and Maritime Organization (PMO) Ali-Akbar Safaei and Kazakh Ambassador to Tehran Askhat...

Following the announcement in October 2022, Wärtsilä has integrated the Voyage business into Wärtsilä Marine Power since the beginning of...

In recent times, Alang has seen a major push for the development of ship recycling yards, beyond the regulatory or...

The spot cash premium for very low sulphur fuel oil (VLSFO) in Asia fell for a third consecutive session as...

The decarbonization of international shipping is a priority for IMO and by mid-2023, the organization aims to have in place...

The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, fell to a near three-year...

EuroDry Ltd., an owner and operator of drybulk vessels and provider of seaborne transportation for drybulk cargoes, announced its results...

BMS United Bunkers, Bunkernet, and SBI bunkering BV, leading marine fuel supply companies, today announced that they have entered into...

After months of financial constraints, things could soon start improving for ship recyclers in Bangladesh and Pakistan. In its latest...

Bahri Line, a business unit under Bahri Logistics, has officially established a new pendulum service line between the Asian and...

Mitsui O.S.K. Lines, Ltd. announced its decision to integrate two wholly owned ferry and coastal RORO vessel operating companies, MOL...

The signing ceremony for bare boat charter and time charter contracts for two 7,500m3 liquefied CO2 ships between Kawasaki Kisen...

RINA, the international classification society, has today announced the signing of a Memorandum of Understanding (MoU) with ABB. The MoU...

Spain has denied entry into Tarragona port to the Maersk Magellan, a Singapore-flagged vessel, due to it transporting oil products...

New operating results from four Asian shipping lines were released Friday, pointing to steep performance declines in the fourth quarter...

In our recently published addendum to Financial Health Check, we have reassessed container industry prospects and profitability in view of...

In a bid to boost maritime trade, International Financial Services Centres Authority is taking steps to strengthen ship acquisition, financing...

The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, rose to a one-week high...