News Flash

A container ship that broke down in Egypt’s Suez Canal on Sunday causing some traffic to be diverted has resumed...

In January this year, a total of 17 new orders for pure car and truck carriers (PCTC), with 510,000 deadweight...

This year marks the 10th anniversary of the China-proposed Belt and Road Initiative (BRI), a global cooperation platform that demonstrates...

Mitsui O.S.K. Lines, Ltd. announced that on March 1, on the coast of Bali, Indonesia, it unveiled a marine debris...

German container liner Hapag-Lloyd sees great opportunity in India where containerisation levels are still low, chief executive Rolf Habben Jansen...

On March 2, 2023, Shanghai SIPG Energy Service Co.,Ltd. (SSES) a subsidiary of Shanghai International Port Group (SIPG) & Avenir...

The Republic of Panama, through the Minister of Maritime Affairs, Noriel Arauz, and the Kingdom of Belgium, represented by the...

The International Chamber of Shipping (ICS), representing over 80% of the world’s merchant fleet, is pleased to announce FEDIL Shipping,...

Russian Foreign Minister Sergei Lavrov on Thursday accused the West of “shamelessly burying” the Black Sea grain initiative that facilitates...

Eagle Bulk Shipping Inc., one of the world’s largest owner-operators within the midsize drybulk vessel segment, reported financial results for...

Premiums of marine fuel, also known as bunkers, are set for a bumpy recovery in March in Singapore, the world’s...

Ahead of the sanctions on Russian Clean products that came in to force on 5th February 2023, Russia to global...

India is now the third biggest importer of crude oil, with a market share of 11% of global crude oil...

Highlights Strong operating revenues of USD 162.1 million (+14% YOY) and EBITDA of USD 127.0 millionAdj. EBITDA excl. non-recurring items...

Russia said on Wednesday it would only agree to extend the Black Sea grain deal, which allows grain to be...

Asia’s high sulphur fuel oil (HSFO) market extended further gains on Thursday amid a flurry of bidding activity, while the...

Global Healthcare specialist VIKAND, has added two additional Medical Directors to strengthen its clinical leadership team to support its growing...

A sunken Philippine tanker carrying 800,000 litres (210,000 gallons) of industrial fuel oil has leaked some of its cargo into...

With import demand flagging, freight rates falling, the container ship orderbook at record highs and ocean carriers canceling voyages, you...

Low and high sulfur fuel oil bunker premiums have fallen in Hong Kong, as rising competition from regional ports has...