News Flash

The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, extended gains for a third...

Daewoo Shipbuilding & Marine Engineering (DSME) and DNV have signed a memorandum of understanding (MOU) to establish energy-saving wind assistance...

The technology group Wärtsilä will supply its advanced thruster solution for a new hybrid tug being built to operate in...

The Supreme Court on September 5 allowed a case involving a dispute between Adani Ports and the Jawaharlal Nehru Port...

A contraction in exports coupled with a high import bill has renewed concerns over India’s widening trade deficit and its...

Astronger tanker market over the course of the past few weeks, has helped increase prices for tankers as well. In...

An Iranian naval flotilla foiled a pirate attack on an Iranian merchant vessel in the Red Sea, the navy said,...

Dalian iron ore fell on Friday to its weakest level in more than five weeks, while the steelmaking ingredient hit...

India is likely to become the third largest economy by 2029 — up seven places since 2014 when the country...

Capesize The Capesize market continues to struggle as demand for iron ore remains weak. Vessels in the Atlantic have had...

In the last two months, India’s crude oil imports from Russia have declined. However, the overall import of crude oil...

High inflation levels, inventory surpluses and inflated costs of living have hampered appetite for Asian products, resulting in container rates...

More than 560 dockworkers at the Port of Liverpool, one of Britain’s largest container docks, will go on strike from...

Gibraltar’s government said a stricken bulk carrier had leaked a small amount of heavy fuel oil into the sea, three...

Tug boats refloated an oil tanker that was briefly stranded in Egypt’s Suez Canal late on Wednesday after to a...

DNV, the world’s leading classification society, is pleased to announce that Tony Linden will step into the role of Area...

The Chinese have complete control of Hambantota harbour as Lanka leased it to China Merchants Port Holdings for 99 years...

Fresh stimulus could boost Chinese iron ore imports, down 3.3% YTD Preliminary shipping data from Oceanbolt shows a 1.7% y/y...

The recent trend of falling spot rates has left many shippers and the wider container shipping industry pondering how much...

Scrubbers are a relatively simple technology designed to remove polluting sulphur oxides from a commercial ship’s engine exhaust and cut...