Net profit of Shipping Corporation of India declined 10.27% to Rs 279.54 crore in the quarter ended December 2022 as against Rs 311.54 crore during the previous quarter ended December 2021. Sales rose 4.81% to Rs 1500.06 crore in the quarter ended December 2022 as...

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The Maritime Anti-Corruption Network (MACN) and The Marcura Group are pleased to announce the launch of a new third-party risk management platform. The platform is envisioned to foster collaboration and leverage community features to save on cost, time, and effort in...

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About 1,700 residents in Binh Chau Commune in the Central Province of Quang Ngai’s Binh Son District engage in marine activities. The number of fishing vessels in the commune is 483. Of these, 160 are specialized in offshore fishing. Although many commune inhabitants...

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Counter to market expectations, Americas clean tanker freight rates have plunged ahead of the upcoming EU ban on Russian oil product deliveries to Europe, amid limitations to supply and demand of diesel. This comes as demand from Europe has yet to significantly...

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Clean The BCTI finished the week at 626, down from 659 the previous week. In the Middle East Gulf, freight levels have fallen with cargos not covering available tonnage. Most routes have consequently registered continued decreases from where they were this time last...

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