News Flash

The Baltic Exchange’s main sea freight index firmed on Wednesday as a jump in rates for the panamax segment offset...

India is exploring new routes of cargo shipment to its North-Eastern States using Bangladesh’s ports as trans-shipment hubs. Attempts are...

Ukraine’s decision to allow its seafarers to leave the country despite wartime restrictions will free up vital manpower for both...

The European Union’s food watchdog called for better shipping conditions for live animals such as cattle and pigs as pressure...

A two-tier market within the container shipping sector is opening up as spot rates in key trades collapse. Carriers that...

Singapore’s first integrated construction park, located at Jurong Port, will be operational from December 2022. It will bring together key...

First introduced in 2004, more than 250 of the current range have been sold to customers around the world and...

A key component of DNV’s Energy Transition Outlook (ETO) suite of reports, the 84-page forecast is the sixth edition of...

Finance Minister Nirmala Sitharaman said on Monday that while the necessary stimulus for growth would continue, her ministry and the...

A partnership led by South Korea’s Hyundai Heavy Industries (HHI) aims to commercialise a second-level system with autonomous control supervised...

The shipping industry must co-operate with other sectors to influence decisions that will fundamentally affect shipping, according to ICS. In...

Ship refuelling operations were temporarily halted at South Korea’s Busan and Ulsan ports on Tuesday after typhoon Hinnamnor hit the...

Saudi Arabia’s King Abdulaziz Port in Dammam sets a new record by handling 199,609 TEUs (twenty-foot equivalent units) of containers...

America’s refiners are producing near-record volumes of gasoline and diesel and selling historically high amounts to overseas buyers. Why not...

The Baltic Exchange’s main sea freight index snapped a three-session long streak of gains on Tuesday, due to a fall...

Daewoo Shipbuilding & Marine Engineering has delivered two eco-friendly shuttle tankers to its Norwegian client by applying new technologies that...

The euro zone is almost certainly entering a recession, with surveys on Monday showing a deepening cost of living crisis...

The V.O. Chidambaranar (VOC) Port Authority has signed a concession agreement with Tuticorin International Container Terminal Private Limited (TICTPL) to...

GMS’s Sustainable Ship & Offshore Recycling Programme (SSORP) has become the first and only Compliance Monitoring program to be successfully...

Freight rates on the main ocean trade routes are sinking during what is typically the industry’s peak season after cargo...