News Flash

With floating storage having peaked and more tonnage being gradually released, supply is on the rise in the tanker market....

Finland-based ferry company Viking Line became the first shipping company in the world to get DNV GL’s verification in accordance...

Weathernews Inc. has been selected as a member of the “Designing the Future of Full Autonomous Ship Project” (hereafter, DFFAS...

To boost its falling earnings and compete with road transport, the Indian Railways has decided to offer discounts to customers...

The technology group Wärtsilä’s experience and leading position in the development of battery and hybrid propulsion vessel solutions has been...

The Baltic Exchange’s main sea freight index marked its largest single-day percentage rise on Thursday, as capesize vessel segment rates...

Continuing record performance of providing safe & secure homeward passage for Indian seafarers through Mumbai Port, MBPT achieved rare feet...

According to the Panama Maritime Authority statistics, cargo volumes for the first five months of this year reached 3.26m teu...

To assist seafarers and their mental wellbeing in coping with the challenges imposed by COVID-19 pandemic, BIMCO compiles a list...

The Ministry of Environment, Forest and Climate Change has said that ports as an industry are allowed in the ecologically...

Iraq’s Oil Marketing Company (SOMO) has made deep cuts in Basra crude supplies to Asia in July as the producer...

Indian seafarers – mainly crew members of luxury cruise liners – are finally heading home after being stranded for months...

Ship operators are doing all they can to ensure the safety of seafarers around the globe and the trade of...

As an expression of support, Avashya Foundation, the CSR arm of Allcargo Logistics distributed essential seeds to families from the...

Cargo movement on National Waterways (NW) has reached 73.64 million metric tonnes (mmt) in 2019-20 and is poised to grow...

The Port of Rotterdam is eyeing opportunities in India and the country’s Sagarmala Programme to develop the performance of its...

Due to COVID-related travel restrictions, hundreds of thousands of the world’s two million seafarers have been “stranded at sea for...

Worldwide lockdowns, shrinking demand and a supply glut have sent shockwaves through the oil & gas sector, plus oil-reliant economies...

The implications from Libya’s latest absence from the tanker market are bound to affect rates in this part of the...