News Flash

Ukraine’s economy should stabilise over the coming year and expand by as much as 15.5% in 2023, depending on military...

Svitzer, leading global towage operator and part of A.P. Moller-Maersk, has today announced that its Aim for 8 speed initiative...

New environmental regulations are poised to reshape the economics of maritime shipping. Bearing is making sure its customers will be...

Oil product stockpiles at the UAE’s Port of Fujairah fell to an eight-week low led by a 14% decline in...

The cash-strapped Sri Lankan government has slapped a ban on the import of 300 consumer items like chocolates, perfumes and...

THE Panama Canal authority has initiated seasonal traffic lanes and speed limits, which it hopes will considerably decrease the risk...

The energy sector is pointing to a higher start, backed by strength in the crude complex and major equity futures...

Tropical Storm Ma-on was gaining strength as it headed for Hong Kong and other parts of southeastern China on Wednesday...

The International Marine Contractors Association’s (IMCA’s) ‘Guidelines for lifting operations’ (IMCA LR 006) has been reviewed and updated to ensure...

P&O Maritime Logistics will help debottleneck customer supply chains by ensuring there is a faster cargo turnaround, enabled by the...

With its TMON(Oil lubricated, +) notation, DNV becomes the world’s first classification society to provide a qualified notation that adds...

Performance Shipping Inc. (NASDAQ: PSHG), (“we” or the “Company”), a global shipping company specializing in the ownership of tanker vessels,...

Domestic gold prices extended gains on Wednesday amid negative trends in global markets. Global gold benchmarks remained largely unchanged. MCX...

The pandemic has set back the fight against poverty in the Asia-Pacific region by at least two years, and many...

The Indian Coast Guard Ship Varad on Tuesday formally handed over all 32 rescued Bangladeshi fishermen safely to Bangladesh Coast...

European supply chains are set for further disruption as transport unions step up industrial action in response to soaring inflation....

The future of maritime has been given a massive funding boost by the UK Government with an increase in training...

AAL Shipping (AAL) has undertaken a salvage operation to remove two tugs from the Mersey River in Devonport on the...

The Baltic Exchange’s main sea freight index was little changed on Tuesday, as capesize and supramax gains offset lower rates...

Shipowners and charterers carrying commodities in the Indian Ocean are unlikely to see lower insurance premiums in the near term...