News Flash

Foreign container lines were widely blamed for stratospheric freight rates during the supply chain crisis. President Joe Biden proclaimed last...

Americas clean Medium Range tanker owners are looking to carry crude oil, dirtying up Medium Range and Long Range 1...

On May 8, COSCO SHIPPING Heavy Industry (Yangzhou) started to build the second 700 TEU electric container ship (N998) owned...

According to consultancy Linerlytica, Transfar Shipping, BAL Container Line and container maker China International Marine Containers (CIMC), which started a...

G7 leaders are set to tighten enforcement of Russian sanctions while bolstering supply chains of strategic commodities to ensure economic...

With reference to Company Announcement no. 03 dated 16 March 2023 regarding the acquisition of three 2013 built MR product...

Women working in the shipping must be supported, Deputy Minister of Shipping Marina Hadjimanoli said. Speaking on Thursday, the minister...

Three new ships were authorized on Thursday to take part in a deal allowing the safe Black Sea export of...

Mitsui O.S.K. Lines, Ltd. Friday announced the signing of basic agreement with Mitsubishi Gas Chemical Company, Inc. (President: Masashi Fujii;...

Lloyd’s Register (LR), Mediterranean Shipping Company (MSC), Shanghai Merchant Ship Design & Research Institute (SDARI) and MAN Energy Solutions (MAN-ES)...

Some U.S. importers who shifted cargo away from West Coast ports to rival gateways over fears that labor contract talks...

China needs to level the playing field between private and state owned firms, the Asian Development Bank’s chief economist said...

With over 1.4 billion people, India officially became the world’s most populous nation in April this year. This development has...

A senior delegation from United Arab Emirates (UAE) visited Karachi and met with H.E. Faisal Sabzwari, Federal Minister For Maritime...

Leading safety training provider Stream Marine Group (SMG) will be shining a spotlight on encouraging females into the shipping industry...

Russian President Vladimir Putin and his Iranian counterpart Ebrahim Raisi on Wednesday oversaw, via video-link, the signing of a deal...

Saudi Arabia’s crude oil exports rose marginally in March from the previous month, data from the Joint Organisations Data Initiative...

In Week 20, the global MABUX bunker indices declined moderately. The 380 HSFO index dropped by 1.48 USD to 477.66...