Performance Shipping Inc., a global shipping company specializing in the ownership of tanker vessels, announced today that it has entered into a securities purchase agreement with several institutional investors to purchase approximately 5,556,000 of its common...

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The work to develop Greece’s first Floating Storage Regasification Unit (FSRU) commenced recently at the Keppel shipyard in Singapore with the conversion of GasLog’s DNV classed LNGC Gaslog Chelsea, recently renamed as Alexandroupoli. Following conversion, the FSRU...

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India has intensified discussions with the US to ensure its oil supply strategy does not encounter hurdles or disruptions in the event Russia faces additional sanctions for its war in Ukraine, a sign that New Delhi wants to balance energy ties with both Washington and...

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The Republic of Panama, through the Panama Maritime Authority (AMP), participated in the “Philippines Maritime Expo 2023: Flag State and Shipbuilders Convention” which brought together the main shipping registries in the world, as well as prominent exhibitors from the...

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Coastal shipping service between the Chennai and Pondicherry Ports began on Monday with container feeder vessel ‘Hope Seven’ carrying 106 TEUs setting out on its voyage. Chennai Port Chairman Sunil Paliwal flagged off the vessel at DP WorldContainer...

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The Centre has earmarked over ₹1 lakh crore for 100 critical port connectivity projects under the PM Gati Shakti Master Plan, according to Minister for Ports, Shipping and Waterways Shri Sarbananda Sonowal. Sonowal said that the cost of moving...

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