News Flash

The Baltic Exchange’s dry bulk sea freight index (.BADI) edged down on Thursday to snap a four-session winning streak, as...

Tanker owners could be prompted to sell a part of their fleet in order to take advantage of the existing...

Fossil-fuel shipping is going from strength to strength and shows no signs of peaking. Rates for some very large gas...

The industry is witnessing a major slump in the order-to-inventory ratio with high inventories but slower demands. According to the...

The ship recycling market has continued to show a lack of activity over the past week. In its latest weekly...

Even as the government looks to fix age limits for ships operating in Indian waters, to ensure overall safety and...

The fate of Indian sailors of the Norwegian-flagged very large crude oil carrier MT Heroic Idun that was arrested in the Equatorial...

More than 30 tankers carrying liquefied natural gas are idling off Europe’s coast as traders hold out for higher market...

Asia’s purchase of Russian crude is unlikely to be deterred by issues relating to insurance after the G7 base price...

Vessel operating cost inflation has accelerated in 2022 on mounting worldwide macroeconomic price pressures, despite some receding of Covid-19 related...

The Baltic Exchange’s dry bulk sea freight index (.BADI) rose on Monday as higher demand for capesize vessels offset a...

Iraq has approved two-year budget allocations for the completion of the multi-billion-dollar Al Faw Grand Port project involving building one...

One of the main shortages caused by the existing conditions in the energy markets and the looming sanctions, revolves around...

The navies of India and Sri Lanka have discussed ways to strengthen bilateral cooperation and actions to overcome common maritime...

Be it Sagaramala, National Logistics Policy or the PM Gati Shakti plan, several important initiatives have been taken by the Centre...

Revenue collection at Chattogram Customs House has declined as container handling through Chattogram port has been decreasing continuously for the...

The Liberian Registry, the world’s second largest ship registry, signed a memorandum of understanding (MOU) with maritime industry technology leaders...

Kawasaki Kisen Kaisha, Ltd. (“K” LINE) is pleased to announce the execution of five long-term Time Charter contracts through joint...

French shipping giant CMA CGM will invest US$1.5 billion ($2.12 billion) over the next five years to accelerate its energy...

The European Union’s ban on imports of Russian crude is now less than five weeks away. As the clock ticks...