News Flash

Mitsui O.S.K. Lines, Ltd. yesterday announced the policy for the reorganization of the Dry Bulk business within the Group. 1....

Japanese shipowner Mitsui O.S.K. Lines has reached a coal transport deal with Tohoku Electric Power Co., using a coal carrier...

The Shanghai Containerized Freight Index (SCFI) Shanghai – Europe reported a rate of $2,948 per teu on Friday compared to...

Bremen-based bulker alliance of BBG and Harren & Partner will manage a fleet of 23 bulk carriers. “By joining forces,...

Inmarsat, the world leader in global, mobile satellite communications, confirms commercial service introduction (CSI) of GX5, the company’s newest, most...

On International Anti-Corruption Day 2020 (9 December), IMO Secretary-General Kitack Lim has highlighted the Organization’s support for the fight against...

Leading publisher of maritime market benchmarks, the Baltic Exchange, has launched a new service for shipping investors which provides a...

The return of Bangladesh in the ships’ recycling market captured all the headlines this past week. In its latest weekly...

JSW Steel said its crude steel production rose 3% to 13.32 lakh tonnes in November 2020 from 12.90 lakh tonnes...

Tristar will utilise its specially designed fleet of trucks which has advanced built-in safety features, to ensure the safe transport and delivery...

The Japan Hydrogen Association seeks to promote global cooperation in hydrogen-oriented activities and establish a hydrogen supply chain. “Hydrogen is...

Vietnam-based Song Cam Shipyard launched the world’s first fully-electric ship-handling tug of 70 tonnes bollard pull, the Damen RSD-E Tug...

Hong Kong-based containership owner Seaspan Corporation has entered into purchase orders to build five 12,200 TEU containerships. The order is...

Among the 1,816 containers estimated to have been lost from the 14,000 teu ONE Apus when it hit severe weather...

CDB Financial Leasing is to acquire the 14 product tankers via its 14 wholly-owned special purpose companies incorporated in Hong...

With attention focused on the potential of ammonia as the fuel source of the future for the shipping industry, Norway’s...

Britain’s Royal Air Force released dramatic images of what is believed to be the world’s largest iceberg as it drifts...

Tense negotiations and rumours of a rift between Saudi Arabia and UAE ended with a compromise deal for OPEC+ on...

California has amended regulation in section 2298.5 in Article 4.8 of Title 2, Division 3 of Chapter 1 of the...

Plastic waste floating in the world’s ocean has been ranked as one of the largest ecological problems as a menace...