News Flash

Scrap vessel imports slumped by half in the first nine months of the year as Bangladesh Bank is discouraging lenders...

The Suez Canal achieved the highest return of about US$7 billion in the fiscal year 2021/2022, and the oil sector...

There’s no shortage of schadenfreude toward shipping lines these days. After making hundreds of billions in profits during the pandemic,...

In the Middle East Gulf this week early activity saw rates begin to creep up. TC1 gained 26.87 points to...

The bunker industry is set to undergo de-commoditization as it transitions toward a cost-plus model, fundamentally altering market relationships and...

OPEC’s decision to move ahead with significant oil production cuts, will add pressure to the tanker market as well. However,...

The Union Cabinet on Wednesday approved the project to develop the container terminal at Tuna-Tekra, Deendayal Port in Gujarat under...

The Georgia Ports Authority handled more than 1.5 million twenty-foot equivalent container units in the first quarter of Fiscal Year...

Workers at the Port of Felixstowe in Suffolk walked out twice after the union Unite rejected a pay deal. The...

The International Chamber of Shipping (ICS), the global trade association for shipowners and operators, are encouraging the shipping industry to...

Vopak Agencies has a strong track record within both hub services and port agency within the tanker segments in Europe...

Furetank Rederi AB sells two 17,999 dwt dual-fuel product tankers in the VINGA series to Neste in 2023 and replaces...

The International Marine Contractors Association (IMCA) has a packed safety-focused itinerary lined up for its forthcoming visit to Taiwan with...

The one-sided volatility in spot rates is currently evident on all trades, yet the difference in altitude is astonishing. With...

The “Report on the European List of Ship Recycling Facilities” is the 3rd edition by Marprof Environmental Ltd and was...

Seanergy Maritime Holdings Corp. (the “Company” or “Seanergy”) (NASDAQ: SHIP) announced today the closing of its previously announced $28.0 million...

Titan, the independent supplier of low and zero-carbon fuels, announced today its LBM production project for 200,000 tonnes of LBM...

Over the Week 41, MABUX global bunker indices demonstrated firm upward trend. The 380 HSFO index rose by 12.46 USD:...

South Africa’s celebrated cricket ground, Wanderers Stadium, to be rebranded DP World Wanderers Stadium after naming rights deal; sponsorship includes...

ICS Secretary General Guy Platten to address the UN General Assembly today on the role of trade and logistics in...