US-based seafaring majors are looking to hire approximately 75,000 Filipino seafarers in the next few years. John Padget, the chief executive and Carnival Corp. president met with President Ferdinand “Bongbong” Marcos Jr. on an official working trip in Washington....

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Myanamar’s Sittwe Port, funded by India as part of the unique Kaladan Multimodal Transit Transport assignment, will be launched on 4 May. As part of a trial mission, an Indian cargo vessel will depart from Shyama Prasad Mookerjee Port (Kolkata) for the Sittwe Port....

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More than half of the 22 oil tankers in Venezuela’s fleet are so run down that they should be immediately repaired or taken out of service, according to an internal report from state-run oil company PDVSA that was shared exclusively with Reuters. “The ships currently...

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An influential shipping industry group has quietly warned shippers to think carefully before they sign up for a new plan to reduce pollution and eventually eliminate their contribution to climate change. The International Chamber of Shipping represents four fifths of...

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It’s clear that trading patterns for VLCCs have changed significantly over the last 12 months. European oil markets have seen a clear shift away from Russian crude since the start of the Russia-Ukraine conflict. Official sanctions by the EU on Russian crude in place...

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The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, fell on Thursday, pressured by lower rates for panamax and supramax vessels. The overall index, which factors in rates for capesize, panamax and supramax shipping...

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