News Flash

Midnight on 31 December will mark the end of the Brexit transition period in which no customs formalities are required...

POSCO is focusing on liquid natural gas (LNG)-powered vessels as global demand for these eco-friendly ships is expected to grow...

Cooperation in the shipping industry to cut pollution from oceangoing vessels is running aground in Europe. The European Union is...

China will resolutely cut the output of crude steel and ensure it falls year on year in 2021, a senior...

Top oil exporter Saudi Arabia is expected to raise its official selling prices (OSPs) for Asian buyers for a second straight month...

Global oil demand will likely take another year or so to return to pre-pandemic levels — by late 2021 or...

Navigator Holdings Ltd., today announced that the previously announced sale by funds managed by WL Ross & Co. LLC (“WL...

Global conglomerate China COSCO Shipping is gearing up for a fight as it seeks to tighten its grip over the...

In June, the United States imposed sanctions on half a dozen oil tankers managed by established shipping firms. It was...

Adani Ports and Special Economic Zone Ltd crossed ₹1 trillion in market capitalisation for the first time on Monday after...

On 26 December, USCG said it responded “to a report of a discharge of hydraulic oil from Coast Guard Cutter Spar”....

Plocan is in charge of developing a Virtual Research Environment that collects and allows external users to access to the...

The vessel in question is the 13,092 TEU Maersk Elba, owned by Japan’s Financial Products Group. At the time of...

Hydearbad-based Seaways' group flagship Seaways Shipping and Logistics on Monday said it has entered into a pact with the MOL Logistics (India) for providing...

The Directorate General of Shipping has sought an explanation from ship fuel (bunker) suppliers such as Reliance Industries, Indian Oil...

China’s State Administration for Market Regulation (SAMR) recently informed KSOE that the proposed business combination with DSME would not violate...

Average Panama Canal passage wait times for Asia-bound LNG tankers from the US Gulf Coast without reservations are up to...

Entitled “2030 Green Ship-K Initiative”, it is part of the country’s Act on Promotion of the Development and Distribution of Eco-Friendly...

The naming ceremony was held on December 22 in Shanghai. She is the 4th of the nine 23,000 LNG-powered vessels...

While 2020 began on relatively solid footing, the COVID-19 pandemic upended all expectations, especially for 1H2020. Indeed, global growth recovered...