News Flash

Lloyd’s Register (LR) has been awarded the status of a Notified Body by the Italian Ministry for Infrastructures, with the...

India’s Kerala state will proceed “no matter what” with a $900 million port project and is open to deploying federal...

When the supertanker Young Yong sailed to the Chinese port of Qingdao in September last year, it had quality certificates...

EU institutions have reached a preliminary agreement on how to extend its Emissions Trading System to cover shipping after months...

So much for the theory that container lines are a nefarious cartel that can control freight pricing — spot rates...

Russian Urals oil’s discount to dated Brent have widened significantly, under pressure from record high freight rates for tankers carrying...

Clean The Atlantic front and backhaul has been active with TC2 Cont-USAC 37,000mt CPP rising over WS24 in the week...

Capesize The Capesize market was in a ‘one step forward, two steps back’ mode this week. The average of the...

Civil society groups call for an urgent adoption of short-term emission reduction targets for global shipping at the UN, ahead...

The latest round of sanctions on Russian oil is bound to offer yet more support to the product tanker market....

Over the Week 48, MABUX global bunker indices, as expected, continued their firm decline. The 380 HSFO index fell by...

The export tariffs were implemented in May to boost domestic supplies of iron ore and combat inflation. By May, domestic...

The Baltic Exchange’s dry bulk sea freight index slipped from a near three-week peak on Thursday, as a drop in...

The tanker market is experiencing some of its best days of the past couple of decades, as ton-mile trading has...

The government is doubling down on its disinvestment programme before the end of 2022-23 and is now looking to start roadshows...

Daewoo Shipbuilding & Marine Engineering (DSME) is working to remove potential risk factors ahead of the main acquisition contract with...

Unionized workers at the three shipbuilders of Hyundai Heavy Industries Group (Hyundai Heavy Industries, Hyundai Samho Heavy Industries and Hyundai...

At the annual Damen Maritime Festival held in Gorinchem at Damen’s headquarters, offshore services provider High Speed Transfers (HST) Marine...

Yesterday – 01 December 2022 – the International Union of Marine Insurance (IUMI) releases its 2022 global marine insurance market...

Moscow is seeking to bolster the recognition of Russian maritime cargo insurance to allow it to ship oil and related...