News Flash

The Baltic Exchange’s main sea freight index slipped to a six-month trough on Thursday pressured by losses across vessel segments,...

Korea Shipbuilding & Offshore Engineering (KSOE) received an order worth 1.96 trillion won ($1.5 billion) from an Asian shipper to...

Greece will exit the European Union’s so-called enhanced surveillance framework on August 20, its finance minister said on Wednesday, a...

Drydocks World-Dubai has today announced the signing of a strategic agreement with maritime technology company Silverstream Technologies to promote the...

MarTrust, the leading global maritime payment solutions company and part of Marcura, today announced that Bourbon Marine Services Greenmar has...

Mark W. Barker, the first new U.S flagged Great Lakes bulker in almost 40 years, has successfully completed sea trials...

MISC Berhad (MISC) through its wholly-owned subsidiary, Portovenere and Lerici (Labuan) Pte Ltd (PLL), together with its consortium partners, namely...

Already bracing for recession and winter energy shortages, German businesses are grappling with the lack of another precious commodity: rain.Weeks...

Through a new partnership with Hapag-Lloyd, a leading global liner shipping company, Forto has launched a biofuel program for ocean...

Earnings on voyages made by product and midsize crude tankers reached elevated levels in the second quarter of 2022, and...

Prices of liquefied natural gas (LNG) carriers are skyrocketing. Analysts expect a further rise in LNG carrier prices as a...

Russia suspended oil exports via the southern leg of the Druzhba pipeline from early August due to issues relating to...

An inferno at Cuba’s largest oil storage facility has killed at least one firefighter, injured many more, and threatens to...

Wärtsilä Voyage, part of the technology group Wärtsilä, today announces that its Smart Panoramic Edge Camera System (SPECS) will be...

USA-based manufacturer Advanced Polymer Coatings (APC) is announcing a series of new chemical tanker deals in Turkey, one of its...

Dalian and Singapore iron ore futures fell on Tuesday as traders weighed fresh COVID-19 flare-ups in China and weak steel...

NSSLGlobal, a leading satcoms company in the cleantech portfolio of Arendals Fossekompani the Norwegian investment house, has partnered with SOIC...

Capital Ship Management Corp. took successful delivery recently of the newbuilding vessel M/T ‘Amore Mio’, a 300,000 dwt, eco-type crude...

MV Ocean Lion has sailed from Ukraine’s port of Chornomorsk early Aug. 9 destined for South Korea, bringing the total...

Cyprus Shipping Deputy Ministry (SDM) has signed a new contract with the CSC consortium which combines Cellock Ltd, SignalGenerix Ltd...