News Flash

Demand for seafarers is still on the rise, while increase in supply is expected to be weaker in the future....

Ship owners have distanced themselves from contracting more newbuildings, despite the fact that sentiment for a number of segments, like...

Shares of state-owned shipbuilding companies Cochin Shipyard and Mazagon Dock Shipbuilders (MDL) rallied up to 8 per cent, hitting multi-year highs in...

India’s Cairn Oil and Gas is pushing ahead with its ambitious upstream expansion plans by extending a production sharing contract...

Adani Ports and Special Economic Zone APSE.NS, India’s largest private operator of ports, reported a 69% surge in quarterly profit...

WiseTech Global (ASX:WTC), developer of leading logistics execution software CargoWise, today announced the acquisition of Shipamax, an industry-leading provider of...

Scorpio Tankers Inc. yesterday reported its results for the three and nine months ended September 30, 2022. The Company also...

FN Diving replaces and repairs any corroded Scrubber exhaust pipe during cargo operations afloat underwater and hereby minimising the risk...

The International Bunker Industry Association (IBIA) welcomes news that the Port of Rotterdam appears to be moving toward making the...

China Harbor Engineering Company Ltd (CHEC) on Monday handed over Nigeria’s first deep sea port to the government after the...

The Baltic Dry index, which measures the cost of shipping goods worldwide, fell for a tenth consecutive day to its...

A spokesperson of China’s Embassy in Greece said on Tuesday the success of China-Greece cooperated Piraeus Port should inject confidence...

Alack of available tonnage has continued to hinder demolition activity across the Southeast Asia region. In its latest weekly report,...

Indian Ocean regional challenges include climate change, “big power muscle movement”, says visiting Australian Rear Admiral Terming India and Australia...

An 80km (49.7mile) road in Khammam district of the southern Indian state of Telangana is dotted with palm oil plantations...

Russia dominated Saudi Arabia in oil supplies as the world’s fastest-growing major economy for fossil fuels in October, relegating the...

The Mission to Seafarers today publishes the findings of its Q3 2022 Seafarers Happiness Index report, undertaken with the support...

With dramatic spot rate falls, a non-existent peak season, and easing port congestion freeing up capacity, the scene was set...

The Putin regime has been enriching itself through oil exports ever since Russia invaded Ukraine. It still is. Russian oil...

Highlighting an obvious issue, shipbroker Gibson attempts to shed light on how will the latest round of sanctions on Russian...