News Flash

Over the years, we have seen many incidents regarding damage to main engine components such as the crankshaft, main bearing,...

Shipping rates for Asia-bound liquefied petroleum gas have plummeted in 2024, touching a nearly three-year low, as higher prices for...

More ships carrying grain were diverted from the Suez Canal to sail around the Cape of Good Hope this week...

In January, Drewry’s Dry Bulk Equity Index rose 2.1% due to the intensifying conflict in the Red Sea which is...

IMO Secretary-General Arsenio Dominguez shared the Organization’s plans and focus areas for the next four years, with the aim of...

NORDEN reports an annual result of USD 400 million (approx. DKK 2,760 million). For the fourth quarter of 2023 net...

Iron ore futures in China climbed to near a one-week high on Thursday, on hope of better demand from the...

India wants to sign a multi-year oil purchase deal with Guyana and acquire stakes in the South American nation’s exploration...

Dutch shipowner Future Proof Shipping (FPS), the EU-funded Flagships project, and the Interreg-funded ZEM Ports NS project launch the groundbreaking...

VIKAND, a Global Leader in Maritime Healthcare, has launched a proactive 24/7 healthcare program to help safeguard seafarers and protect...

The Cabinet of Ministers, led by Deputy Minister of Shipping Marina Hadjimanoli, this week approved updated green incentives for the...

Industry big hitters have given their support to InterManager’s ground-breaking General Principles of Conduct and Action, endorsing the impact they...

Maersk warned on Thursday that container shipping overcapacity would hit profits more than expected this year and that it didn’t...

The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, fell for a second consecutive...

Very Large Gas Carrier rates on the key Persian Gulf-Japan route reached near 35-month lows around $31.50/mt Feb. 2-5 before...

Norway’s state-controlled Equinor is paying close attention to signs of industrial gas demand recovery in Europe as part of its...

Most ferrous metals and material futures rose on Wednesday, in tandem with Chinese equities, after Beijing signalled that authorities were...

Indian liquefied natural gas (LNG) imports are forecast to jump to 150 million metric tons per year (tpy) by 2030...

A naming ceremony was held on January 30 for an LNG-fueled capesize bulk carrier that was ordered by NYK and...

Leading health and wellbeing support service provider, OneCare Solutions (OCS) has reconfirmed its dedication to the health and wellbeing of...