News Flash

The export tariffs were implemented in May to boost domestic supplies of iron ore and combat inflation. By May, domestic...

The Baltic Exchange’s dry bulk sea freight index slipped from a near three-week peak on Thursday, as a drop in...

The tanker market is experiencing some of its best days of the past couple of decades, as ton-mile trading has...

The government is doubling down on its disinvestment programme before the end of 2022-23 and is now looking to start roadshows...

Daewoo Shipbuilding & Marine Engineering (DSME) is working to remove potential risk factors ahead of the main acquisition contract with...

Unionized workers at the three shipbuilders of Hyundai Heavy Industries Group (Hyundai Heavy Industries, Hyundai Samho Heavy Industries and Hyundai...

At the annual Damen Maritime Festival held in Gorinchem at Damen’s headquarters, offshore services provider High Speed Transfers (HST) Marine...

Yesterday – 01 December 2022 – the International Union of Marine Insurance (IUMI) releases its 2022 global marine insurance market...

Moscow is seeking to bolster the recognition of Russian maritime cargo insurance to allow it to ship oil and related...

The commerce ministry has devised a multi-pronged plan that includes offering incentives and exploring new markets to revive outbound shipments...

China is set to snap up significant volumes of low-grade Indian iron ore in coming weeks, as Chinese steelmakers seek...

The dry bulk market could receive a boost from the existing condition in the Black Sea grain market. In its...

Competition is heating up among Korea’s three largest shipbuilders to dominate the rapidly growing market for autonomous ships, according to...

INTERIM DIVIDEND The Board has resolved not to recommend the payment of any interim dividend for the quarter ended 30...

Tough new sanctions on Russian oil shipments taking effect from December are likely to boost already high tanker rates as...

InterManager has welcomed a commitment by the International Maritime Organization (IMO) to review guidance governing safe working in enclosed spaces...

The Baltic Exchange’s dry bulk sea freight index rose to a more than two-week high on Monday, supported by higher...

As a child, Liu Jie was already acquainted with life on the Jinsha River, the upper section of the Yangtze,...

Kawasaki Kisen Kaisha, Ltd. (“K” Line) announced today that, together with ITOCHU Corporation, Nihon Shipyard Co., Ltd., Mitsui E&S Machinery...

Clean The market has generally seen improvements all round this week. This was reflected in the BCTI climbing 277 points...