News Flash

The United Nations General Assembly adopted the UN Convention on the International Effects of Judicial Sales of Ships on 7...

Net profit of Shipping Corporation of India declined 10.27% to Rs 279.54 crore in the quarter ended December 2022 as...

The Maritime Anti-Corruption Network (MACN) and The Marcura Group are pleased to announce the launch of a new third-party risk...

About 1,700 residents in Binh Chau Commune in the Central Province of Quang Ngai’s Binh Son District engage in marine...

Counter to market expectations, Americas clean tanker freight rates have plunged ahead of the upcoming EU ban on Russian oil...

Clean The BCTI finished the week at 626, down from 659 the previous week. In the Middle East Gulf, freight...

Capesize As China returned from their Lunar New Year holidays there was hope in some quarters that the market would...

Europe is once again poised to ratchet up the pressure on Russia’s oil revenues, seeking to deplete President Vladimir Putin’s...

The tanker market and most notably the larger sizes could benefit from higher production figures, but at things stand no...

China’s shipbuilders have kicked off the new year on a busy note, as they are handling new orders. One such...

Ashdod Port Company has signed an agreement with Maersk North America – to collaborate on innovation opportunities in supply chain...

China’s economy is set to rebound this year as mobility and activity pick up after the lifting of pandemic restrictions,...

In the first nine months of the fiscal year ending March 31, 2023 (April 1, 2022 to December 31, 2022),...

Asia’s spot premium for 0.5% very low sulphur fuel oil (VLSFO) eased on Friday amid a flurry of spot offers,...

India is taking further steps to lower the footprint that their Shipping trade leaves. It is understood that a number...

The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, fell for the fifth straight...

Russia has become India’s largest oil supplier and significantly contributed to the country’s energy security, said Russian Ambassador to India...

Hindustan Ports Private Limited, the Indian arm of Dubai-based DP World, has won the contract to develop a Rs 42.43-billion...

During the current administration of the Panama Maritime Authority (AMP), through the General Directorate of Seafarers (DGGM), the historic recovery...

Pacific International Lines (PIL) is pleased to introduce a new weekly direct service connecting the key ports of Thailand, Philippines...