News Flash

Looking at oil fundamentals at the moment, there are far fewer concerns about oil supply, with the OPEC+ countries producing...

The tanker market faced downward pressure during the month of August. According to the latest monthly report from OPEC, “dirty...

The number of ships fueled by liquefied natural gas (LNG) is expected to more than double by 2030, driven by...

In tanker and dry bulk shipping, the rate is the rate. It’s whatever the market says it is. It can...

The US Federal Maritime Commission is reviewing the container shipping market for possible non-competitive practices after container rates to the...

The captain of the fire-stricken very large crude carrier New Diamond is facing negligence and pollution charges in Sri Lanka....

Crew changes on ships at Vizhinjam port, on the southernmost tip of the Indian peninsula, have been stalled by the...

Malaysian offshore service provider Sapura Energy has secured a series of new contracts worth a total of MYR840m ($203m). In...

The Australian Maritime Safety Authority (AMSA) has banned the 2008-built 28,300 dwt handy bulk carrier AC Sesoda for deliberately underpaying...

To decarbonize maritime transport, Parliament voted to include CO2 emissions from the sector in the EU Emissions Trading System. On...

Marine robotics company Ocean Infinity has selected Norwegian firm Grovfjord Mek. Verksted (GMV) to build its ultra-low emission Armada fleet...

At session of the IUMI (International Union of Marine Insurance) annual conference, delegates heard that the offshore energy sector was...

US sanctions have deterred all but Iranian tankers from delivering gasoline to fuel-starved Venezuela, and the Trump administration will keep...

Just a month after the news of a peace deal between Israel and the United Arab Emirates and the same...

On Thursday, 24 September 2020, between 14:00-15:00 CET, on the occasion of World Maritime Day, the International Maritime Organization, the...

Gulf Navigation holding PJSC (GNH) reported the missing of livestock carrier MV Gulf Livestock1 when it was route from New...

The cruise industry has invested over $23.5 billion in ships with new energy-efficient technologies and cleaner fuels, the world’s largest...

The ship recycling market has kept up its recovery pace, with prices rising to the levels close to the pre-Covid...

Direct cargo service between the two countries will start on September 21 State-run Shipping Corporation of India (SCI) will “review”...

Indian shipbreaking yards have been forced to suspend operations as the country is facing a shortage of oxygen supplies due...