News Flash

The ship recycling market has, so far, failed to impress at the beginning of 2023. In its latest weekly report,...

Seven Islands shipping Ltd, backed by Indian born Canadian businessman Prem Watsa – led Fairfax India holdings. In 2022, U.S....

The leading classification society, Indian Register of Shipping (IRS), is providing classification services for two major new construction ‘naval’ projects...

Throughout the last 25 years, Navadan have built themselves into a strong player within tank and cargo hold cleaning in...

As China eases COVID restrictions and opens up its economy, new trends are emerging in the shipping industry. The Chinese...

The spot cash premium for 0.5% very low sulphur fuel oil (VLSFO) rose for a fifth consecutive day on Monday,...

Global leaders from organisations representing seafarers, shipowners and other maritime employers signed a memorandum of understanding with the Philippines’s Department...

Cyprus has suggested automatic renewals of tonnage tax systems as one of a series of measures to halt defections and...

The Asian high sulfur fuel oil market is likely to be bogged down for most part of 2023 by ample...

The Baltic Exchange’s main sea freight index was unchanged on Monday, languishing near the multi-year low touched last week, as...

The tanker market is expected to continue being influenced by the structural shift of seaborne oil flows. In its latest...

Pacific Basin Shipping Limited (“Pacific Basin” or the “Company”, 2343.HK), one of the world’s leading dry bulk shipping companies, is...

Sales of marine fuel in Singapore, including sales of liquefied natural gas and biofuels, fell 4.3% year-on-year to 47.9 million...

Rates for shipping containers from east Asia and China to the US were largely stable this week, an indication that...

Capesize The Capesize market had a positive opening on Monday followed by consecutive declines on the timecharter routes. The Cape5TC...

At least four Chinese-owned supertankers are shipping Russian Urals crude to China, according to trading sources and tracking data, as...

Regulatory pressure on shipping to further move towards emissions reduction, is only going to get higher as months go by,...

India’s trade deficit with China breaching $100 billion for the first time in2022 according to the latest data released by...

The Chattogram port is now equipped to handle large container vessels, featuring 10-metre-drought and 200-metre-length, as the country’s principal port...

Clean The CPP tanker market remained mostly under pressure this week and this was reflected in the BCTI dropping by...