News Flash

The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, fell on Thursday, pressured by...

As informed, the companies plan to integrate Wärtsilä’s Fleet Optimisation Solution (FOS) and Veracity. . With the integration, Wärtsilä will send...

The Marshall Island flagged ship had 466 passengers and 399 crew members on board. Sailing from Fujairah and Mumbai Ports,...

The joint body of Cochin Port trade union is going to intensify its stir, demanding the state and Union government...

A joint UK-EU project to develop retrofit carbon capture solutions and other technologies for ships to reduce their emissions and...

Indian Navy chief Admiral R Hari Kumar on Thursday said that the future of the maritime environment will be equally...

Iran has seized an oil tanker in the waters of the Strait of Hormuz in what is the second such...

India’s economic growth in the current financial year is resilient and, together with the recovery in China, will power a 4.6%...

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

Hapag-Lloyd AG shareholders approved today with the required majority all items on the agenda put to the vote at the Annual...

Deepwater drillers Transocean and Valaris see a bright outlook for rig assets in global markets over the next few years,...

India slightly decreased its Urals oil buying in April compared to record imports in March, while China increased its share...

Washington’s response to the recent seizure of a US-bound oil tanker by Tehran will determine whether regional trade flows will...

A joint UK-EU project to develop retrofit carbon capture solutions and other technologies for ships to reduce their emissions and...

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...