China and the United States are pushing for the green, low-carbon, and sustainable development of the international shipping industry. The China-US Green Shipping Corridor Working Conference, titled “Green Voyage, Future Dialogue,” was held in Shanghai on Wednesday...

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The Government gazetted a proposal comprising the introduction of a new Merchant Shipping (Safety) (Ships Carrying Industrial Personnel) Regulation under the Merchant Shipping (Safety) Ordinance (Cap. 369) (the Safety Ordinance) and amendments to the Schedule to the...

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India’s oil imports from Russia rose to a record of about 2.1 million barrels per day (bpd) in May as discounts for Russian oil widened on lower demand from China, according to trade sources and shipping data. That boosted Russia’s share in the world’s third largest...

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The first Liquefied Natural Gas (LNG) tanker since January is sailing through the Red Sea, just days after Yemen-based Houthi militants sank their second vessel in attacks begun last November. The vessel, Asya Energy, passed Yemen, travelling through the Bab al-Mandab...

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PT Wintermar Offshore Marine Tbk (WINS:JK) has invested US $13.9 million out of total planned capex of US $35 million for 2024, anticipating higher demand for OSVs driven by increased offshore investments and tight supply. During the Virtual Public Expose on 21st June...

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Are carrier services getting more predictable? In a volatile, under-supplied market, it is a nice feeling when you perceive that things start to look better. Based on Drewry data, we are reaching this stage: carriers are adding new services or reinstating old ones,...

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