News Flash

From being an exporter of steel, India became a net importer of the metal in FY24, with an overall trade...

Asia’s imports of Liquefied Natural Gas (LNG) are expected to dip slightly in June from May, with strength in India...

TMC Compressors (TMC) has been awarded a contract by Hyundai Heavy Industries (HHI) to deliver marine Air Lubrication System (ALS)...

Ship engine maintenance might seem like a costly and time-consuming task that simply cannot be avoided. But when it’s well...

China appears to have taken advantage of low prices in the spot market so far in 2024 to boost the...

NIBC announces that it has reached agreement to sell its shipping portfolio to Hamburg Commercial Bank (HCOB). This divestment enables...

Spot premiums for 380-cst High Sulphur Fuel Oil (HSFO) retreated in Asia on Monday, while Very Low Sulphur Fuel Oil...

The Baltic Exchange’s main sea freight index, which tracks rates for ships ferrying dry bulk commodities, fell on Monday, weighed...

On the International Day of the Seafarer, IMO Secretary-General Mr. Arsenio Dominguez pays tribute to the 2 million seafarers who...

Anyone who has tried to secure an Uber at a busy time of day will have experienced the ride-hailing app’s...

Spot premiums for Very Low Sulphur Fuel Oil (VLSFO) softened in Asia on Friday, while the market eyed cautious demand...

Global commodities trader Trafigura loaded diesel onto a supertanker in the Middle East this week, taking advantage of lower freight...

The Baltic Exchange’s main sea freight index, which tracks rates for ships ferrying dry bulk commodities, rose on Friday to...

Refined oil products stocks held in independent storage in the Amsterdam-Rotterdam-Antwerp (ARA) refining and storage hub fell by nearly 4%...

China and the United States are pushing for the green, low-carbon, and sustainable development of the international shipping industry. The...

The Government gazetted a proposal comprising the introduction of a new Merchant Shipping (Safety) (Ships Carrying Industrial Personnel) Regulation under...

India’s oil imports from Russia rose to a record of about 2.1 million barrels per day (bpd) in May as...

The first Liquefied Natural Gas (LNG) tanker since January is sailing through the Red Sea, just days after Yemen-based Houthi...

PT Wintermar Offshore Marine Tbk (WINS:JK) has invested US $13.9 million out of total planned capex of US $35 million...

Are carrier services getting more predictable? In a volatile, under-supplied market, it is a nice feeling when you perceive that...