News Flash

After about a year of uncertainty in 2022, global economy is in a steep slowdown, according to the latest report...

China kept its benchmark lending rates unchanged for the fourth consecutive month on Tuesday, matching expectations, but markets increasingly see...

Germany took a huge step toward weaning itself off Russian natural gas on the weekend, with the opening of a...

This year with Russia’s war in Ukraine demonstrated that the cargo flows, mot believably, will not return to the previous...

Mediterranean Shipping Co. (MSC), the world’s largest ocean carrier, is facing ongoing fallout from multiple drug smuggling cases that occurred...

EMS-Fehn-Group’s heavy lift and crane professionals of EFG Scandinavia AS are looking back on a record-setting 2022. Over the past...

The ship recycling has remained under pressure, despite a few positive signs here and there. In its latest weekly report,...

United Maritime Corporation, announced today that it has entered into a definitive agreement with an unaffiliated third party for the...

Shares of Shipping Corporation of India (SCI) hit a 52-week high of Rs 151.30 as they soared 8 per cent on the...

At 00:01 UTC on 1 January 2023, the Shipping Industry Indian Ocean High Risk Area (HRA) for piracy will be...

Increased focus on decarbonisation has led to more shipbuilding involving state of the art technologies, such as: duel-fuel LNG and...

State-owned IIFCL on 18 December announced that it has sanctioned ₹8,244 crore loans to about 20 projects to help add...

The Suez Canal Authority signed a Memorandum of Understanding with the Maritime Anti-Corruption Network (MACN) to provide a framework for...

Marine fuel sales at the United Arab Emirates’ Fujairah, the world’s third-largest bunkering hub, fell for a third straight month...

Asia’s cash differential for 0.5% very low sulphur fuel oil (VLSFO) rebounded on Monday as more spot trade emerged for...

The days of picking and choosing from a range of bunker fuels at ports are disappearing as geopolitics cause oil...

Momentum has built towards an ambitious revision of the GHG reduction strategy as two weeks of IMO negotiations conclude. The...

China is likely to keep benchmark lending rates unchanged for the fourth straight month in December on Tuesday, a Reuters...

The United Arab Emirates will have a busy 2023. The Gulf state wants to pump more oil, shore up its...

Shipyards across Europe, Med and the Black Sea are expected to be fully booked during 2023, as a multitude of...