G7 leaders are set to tighten enforcement of Russian sanctions while bolstering supply chains of strategic commodities to ensure economic security and make progress toward net-zero commitments during their summit in Hiroshima, Japan, over May 19-21. It is the second...

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Yangshan Port in China took top position in the third edition of the global Container Port Performance Index (CPPI), despite periods of disruption caused by typhoons and various other factors in 2022. Developed by the World Bank and S&P Global Market Intelligence,...

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With reference to Company Announcement no. 03 dated 16 March 2023 regarding the acquisition of three 2013 built MR product tanker vessels, TORM plc (“TORM”) has increased its share capital by 946,449 A-shares (corresponding to USD 9,464.49) as a result of the delivery...

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Women working in the shipping must be supported, Deputy Minister of Shipping Marina Hadjimanoli said. Speaking on Thursday, the minister said an action plan will be drawn up promoting gender equality in the industry, in concert with Commissioner for Gender Equality...

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Three new ships were authorized on Thursday to take part in a deal allowing the safe Black Sea export of Ukraine grain, said the United Nations as global wheat prices fell further a day after Russia agreed to extend the pact for 60 more days. Russia had threatened to...

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Mitsui O.S.K. Lines, Ltd. Friday announced the signing of basic agreement with Mitsubishi Gas Chemical Company, Inc. (President: Masashi Fujii; Headquarters: Chiyoda-ku, Tokyo) on 28th April, 2023 for the long-term charter of a methanol carrier, which can run on...

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