News Flash

Iron ore futures headed for a weekly loss, with concerns surrounding the demand outlook due to U.S.-China trade tensions coinciding...

Two Indian refiners have bought 4 million barrels of Guyanese crude oil from U.S. major Exxon Mobil XOM to be...

Erik Thun Group has launched Thun Renew, the third out of eight vessels in its innovative R-Class series, at Ferus...

Kongsberg Maritime proudly marks a decade since the launch of its pioneering rim-drive permanent magnet thruster technology, celebrating both its...

Spot differentials for fuel oil markets were little changed on Friday in Asia as pre-Diwali holiday trade was thin, while...

The International Chamber of Shipping (ICS) comments following the conclusion of the International Maritime Organization’s (IMO) Extraordinary Session of Marine...

The West of Suez Very Large Crude Carrier market saw levels firm to multi-year highs toward the end of the...

The Baltic Exchange’s dry bulk sea freight index, which monitors rates for vessels moving dry bulk commodities, rose on Friday...

The world economy has successfully avoided the initial, catastrophic blow from the recent surge in trade protectionism, yet the long-term...

Magnus Wallhagen, National Hydrographer of Sweden, has been nominated as a candidate for the position of Secretary-General of the International...

The new guidance promotes nuclear power as a reliable maritime energy source, addressing the complex regulatory, safety and economic challenges...

Asia fuel oil markets were broadly steady on Thursday, with high supply inventories capping recovery in benchmarks. Singapore’s very low...

RINA, the global engineering consultancy, inspection and certification group, has been awarded the Front-End Engineering Design (“FEED”) contract by PETRONAS...

A growing number of seafarers are falsifying their CVs to secure higher-paying jobs in the tanker market, as strong demand...

Freight rates for dirty tanker voyages loading in West Africa have risen significantly in the second decade of October, amid...

Great Eastern Shipping Company has taken delivery of a 2016 built Kamsarmax Dry Bulk Carrier Jag Anjali of about 81,922...

Baltic Exchange has launched a series of new Aframax tanker benchmarks, TD28 and TD29, in response to shifting global trade...

Ship recycling is exhibiting signs of divergence across the major markets. A leading cash buyer of ships, said that “the...

Shin Nippon Kaiyosha obtained third-party certification for the environmental value1 representing the quantified greenhouse gas (GHG) emissions reduced through the...