Seatrade Maritime and the Dubai Shipping Agents Association (DSAA) have signed a Memorandum of Understanding (MoU), aimed at supporting and promoting shared objectives. The main goal of the MoU is to advance the growth and development of the shipping industry in the...

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The Ukraine-Russia war has rerouted crude tanker flows over the past year, equating to higher profits for shipowners. But the upside is not evenly spread. Midsize crude tankers have been the big beneficiaries. It’s not only that Russian crude export terminals can’t...

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GAIL, India’s primary gas pipeline operator, is seeking to revolutionise its petchem facilities by replacing current feedstocks with ethane imported from the US to compensate for the shortfall caused by the government’s prioritisation of natural gas for other sectors....

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Here it comes. An unprecedented flood of new container ships is about to enter service. The pace of deliveries will pick up in earnest next month, surge much higher in the second quarter, go higher still in the second half, even higher throughout 2024, and stay strong...

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After seeing historically high levels in the fourth quarter of 2022 due to trade-flow shifts resulting from the Russia-Ukraine conflict and the resurgence of global oil demand, Teekay Tankers Ltd expects that midsize dirty tanker freight will remain elevated into...

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A container ship that broke down in Egypt’s Suez Canal on Sunday causing some traffic to be diverted has resumed its journey, the Canal Authority said. The authority said in an earlier statement that the MSC ISTANBUL, sailing under the flag of Liberia, became stranded...

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