News Flash

Nearly two-thirds of European territory is in a state of drought alert or warning due to heatwaves and low rainfall,...

Oil prices surged by nearly 4% on Tuesday after Saudi Arabia floated the idea of OPEC+ output cuts to support...

A majority of market participants now expect the Federal Reserve to raise rates by 75 basis points in September, data...

Prime Minister Narendra Modi will commission the country's first indigenously-built aircraft carrier (IAC) Vikrant on September 2, official sources said....

INS Chilka, the navy’s basic training establishment in Odisha, is undergoing a transformation ahead of the arrival of the first...

The Chabahar project in south-eastern Iran is significant as it gives a transit route between India, Iran and Afghanistan bypassing...

Asia is expected to register the highest refinery Fluid Catalytic Cracking Units (FCCU) capacity additions globally between 2022 and 2026,...

COSCO’s containership COSCO SHIPPING TAURUS has called for the first time at the TTI ALGECIRAS terminal this weekend. The megaship...

The Baltic Exchange’s main sea freight index extended its slide on Monday, hitting a fresh 18-month low, as demand for...

After more than a decade of effective threat-reducing counter-piracy operations the shipping industry has removed the ‘Indian Ocean High Risk...

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

Blueberry bison tamales, harvest salad with mixed greens, creamy carrot and wild rice soup, roasted turkey with squash. This contemporary...

The heatwave experienced in parts of the world has seen temperatures of between 40 – 42C recently – and according...

Multi-purpose, lightweight aviation terminal provides high forward and return data rates, worldwide interoperability with military SATCOM, enhancing resilience GX30 for...

A Japanese chemical tanker ship crashed into a cargo ship off the coast of southwestern Japan, the coast guard said...

The North Atlantic right whale is one of the world’s most endangered large whale species; the latest preliminary estimate suggests...

Friday 19th August, the Insolvency Service announced it was not taking criminal action against P&O Ferries. A little over five...

Consultation on marine licence application runs from 22 July to 19 August 2022 The Marine Management Organisation (MMO) is consulting...

The Black Sea dry bulk shipping markets have resumed spot trading as the Ports of Odessa and Yuzhny saw an...

Over the last six months we have seen a substantial increase in sale and purchase transactions, particularly in the container...