News Flash

The first two months of 2023 have seen tanker market fortunes change rapidly, illustrating the volatility and upside that continues...

The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, rose to its highest level...

Russia’s invasion in Ukraine, a year and a few days ago, has had a profound impact on shipping. In its...

A China-flagged cargo ship sank in the Strait of Tartary off the coast of Russia’s Sakhalin island, the press service...

Britain’s competition regulator CMA said on Wednesday it had decided to provisionally clear U.S. company Viasat’s VSAT.O buyout of Inmarsat...

India’s state-run Indian Oil Corp. has released a VLCC – after being briefly placed on subjects – when it was...

The International Chamber of Shipping (ICS) and Suez Canal Authority (SCA) extend landmark agreement. The extension to the agreement, initially...

Asia’s high sulphur fuel oil (HSFO) market firmed on Wednesday as strong bids emerged on the first day of a...

World merchandise trade growth appears to have lost momentum in the fourth quarter of 2022 and is likely to remain...

Performance Shipping Inc., a global shipping company specializing in the ownership of tanker vessels, announced today that it has entered...

The work to develop Greece’s first Floating Storage Regasification Unit (FSRU) commenced recently at the Keppel shipyard in Singapore with...

India has intensified discussions with the US to ensure its oil supply strategy does not encounter hurdles or disruptions in...

The Republic of Panama, through the Panama Maritime Authority (AMP), participated in the “Philippines Maritime Expo 2023: Flag State and...

Coastal shipping service between the Chennai and Pondicherry Ports began on Monday with container feeder vessel 'Hope Seven' carrying 106...

The Centre has earmarked over ₹1 lakh crore for 100 critical port connectivity projects under the PM Gati Shakti Master Plan, according to Minister...

The government has decided to ban 25- year-old oil tankers, bulk carriers, and general cargo vessels, both Indian registered and...

Adani Ports and Special Economic Zone, a part of the diversified Adani Group, crossed 300 million tonne of cargo handling,...

A shortage of the big boats capable of installing wind turbine foundations on the ocean floor threatens to delay new...

A fire was reported Monday morning just after 9:00 a.m. EST aboard the wintering Algoma Discovery in the city of Port Colborne,...

German liner major Hapag-Lloyd has signed a multi-year agreement for the supply of liquefied natural gas (LNG) with Shell Western...