News Flash

The tanker market trended higher during the month of August, as demand picked up, OPEC said in its latest monthly...

Circular Maritime Technologies International (CMT) introduces a revolutionary and future-proof circular process for the ship breaking industry. CMT is born...

NIBC looks back at a successful first half year, realising a 25% growth of the shipping portfolio to EUR 1.143...

Leading naval architecture and marine engineering consultancy Foreship has appointed Brendan Harris as Director, Project Management Services, Foreship LLC, in...

GoodBulk Ltd., a leading owner and operator of dry bulk vessels, today announces its financial results for the second quarter...

The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, marked its best week in...

Bangladesh on Tuesday exported a locally built 6100-ton load capacity high-speed multipurpose container ship to the UK. This is the...

The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) urged the government on Wednesday to set up testing labs...

Maersk Drilling and Petrogas E&P Netherlands B.V. have agreed to an amendment of the previously entered contract for the provisioning...

Prudent Shipping Investments (Prudent), a Singapore based Company, has today (14th September 2022) closed financing for 2 modern Supramax bulk...

Around 82 ships with 418 seafarers remain stuck around Ukrainian ports despite the opening of a U.N.-backed sea corridor to...

The UAE’s Port of Fujairah is getting so crowded with Russian vessels carrying oil products that other shippers are getting...

The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, rose for a seventh straight...

Navios Maritime Holdings Inc. (“Navios Holdings” or the “Company”) (NYSE: NM), announced today that it commenced a tender offer to...

Iran will nudge India towards reviving its procurement of discounted Iranian sweet crude during a meeting between Prime Minister Narendra...

The use of Indian ports for trans-shipment of goods such as raw materials for Bangladesh’s ready-made garments sector, will lead...

Margins of the domestic shipping industry may decline to 25-30% in the current fiscal, after hovering between 33-38% in the...

Chinese shipyard COSCO Shipping Heavy Industry has completed the construction of a floating production storage and offloading (FPSO) vessel, also...

Germany’s ruling coalition is divided over whether to let China’s Cosco take a stake in a Hamburg port terminal, government...

The Mediterranean Shipping Company (MSC) has started to reroute its ships on the shipping lanes off the Sri Lankan coast...