News Flash

Maersk will begin to slow the pace of its container ships to lower fuel costs after sailing at full speed...

Tanker shipping has already seen a big trade shift in the wake of Russia’s invasion of Ukraine. But it’s nothing...

Drewry’s composite World Container Index decreased by 10% to $4,014.10 per 40ft container this week. Our detailed assessment for Thursday,...

The 8th session of the IMO Sub-Committee on Carriage of Cargoes and Containers (CCC 8) was held from 14 to...

The product tanker market has enjoyed some positive momentum so far this year, despite the fact that Russian clean product...

Prime Minister Narendra Modi said the port of Bhavnagar will play a big role in building a self-reliant India and...

Tensions are rising in West Coast port labor battles as unions and port management trade accusations about worker productivity and...

Today we have entered into a sales agreement for a 2003-built suezmax tanker. The price is $21 million net to...

International Maritime Industries (IMI), the largest shipyard in the MENA region, has signed a long-term agreement with Bahri Logistics, one...

The International Windship Association (IWSA) is asking all industry players with an interest in wind-assisted propulsion solutions to ‘save the...

Sailors’ Society CEO Sara Baade will become the new Chair of the International Christian Maritime Association (ICMA) today (Wednesday, September...

Over the Week 38, MABUX global bunker indices continued moderate sliding downward. The 380 HSFO index fell by another 22.39...

Never has the theme of this year’s World Maritime Day – ‘New technologies for greener shipping’ – been so in...

The latest data from the Xeneta Shipping Index (XSI®) reveals long-term contracted rates fell by 1.1% in September. This is...

On 26 September, soymeal prices in China surged 8% to CNY 5,500 (USD 739) per tonne compared to Monday last...

The UK P&I Club, one of the leading providers of P&I insurance and other services to the international shipping community,...

On September 27, NYK received approval in principle (AiP) from ClassNK for an ammonia bunkering vessel (ABV) that is currently...

Bureau Veritas (BV), a world leader in testing, inspection and certification, has awarded an Approval in Principle (AIP) for a...

China Classification Society (CCS) is hailing a major milestone after overseeing the delivery and naming ceremony of the first VLCC...

This year’s Annual Convention & Conference of the International Propeller Club of the United States was successfully concluded last week...