News Flash

India’s Russian crude oil imports will hit close to 1.8 million barrels per day in May, the highest in 10...

Bureau Veritas Marine & Offshore (BV), a global leader in testing, inspection, and certification, has confirmed the validity of the...

The Panama Maritime Authority (PMA) has strengthened its collaborative ties with the International Transport Workers’ Federation (ITF) during a recent...

Asia high sulphur fuel oil (HSFO) cracks remained supported in a round of strong bidding on Wednesday, trade sources said....

Oil products inventories at the UAE’s Port of Fujairah climbed 4.2% in the week ended May 19, making up for...

The People’s Republic has just entered a new era:  One-year bank deposit rates dipped below 1% for the first time...

The European Commission set out plans to remove barriers to business within the European Union as part of a push...

SeaTrek, a dynamic and fast-growing dry bulk operator, today announced a strengthened management team as it embarks on its next...

DP World will invest $2.5 billion this year to expand its global logistics network, launching major infrastructure projects across India,...

Yesterday’s debate on “Strengthening Maritime Security through International Cooperation for Global Stability” in the UN Security Council was a strong...

The current market conditions in the global shipping industry resemble the mid-cycle transition seen in previous shipping cycles – a...

With extensive coastlines on both the Pacific and Atlantic Oceans, the US is a maritime nation. The US economy and...

Marcura and Sedna today announced a partnership giving chartering and operations teams direct access to Marcura’s ClaimsHub from inside Sedna’...

Kongsberg Maritime has announced the launch of a new electric towing winch, expanding its winch product portfolio to better serve...

Russia’s seaborne fuel oil and vacuum gasoil exports rose 8.5% in April from the previous month to around 4.0 million...

Anemoi Marine Technologies, a leader in wind-assisted propulsion technology, has announced independently verified results of its Rotor Sail system following...

Safe Bulkers, Inc., an international provider of marine drybulk transportation services, announced today its unaudited financial results for the three-month...

Asia fuel oil benchmarks were broadly stable on Tuesday with largely range-bound bids and offers from the previous day, while...