News Flash

Indian Navy chief Admiral R Hari Kumar on Thursday said that the future of the maritime environment will be equally...

Iran has seized an oil tanker in the waters of the Strait of Hormuz in what is the second such...

India’s economic growth in the current financial year is resilient and, together with the recovery in China, will power a 4.6%...

Hapag-Lloyd AG shareholders approved today with the required majority all items on the agenda put to the vote at the Annual...

Deepwater drillers Transocean and Valaris see a bright outlook for rig assets in global markets over the next few years,...

India slightly decreased its Urals oil buying in April compared to record imports in March, while China increased its share...

Washington’s response to the recent seizure of a US-bound oil tanker by Tehran will determine whether regional trade flows will...

A joint UK-EU project to develop retrofit carbon capture solutions and other technologies for ships to reduce their emissions and...

During the COVID-19 pandemic, liner operators increased the average sailing speed by up to 4% due to strong demand and...

Asia’s imports of liquefied natural gas (LNG) fell in April as major buyers China and Japan trimmed purchases, offsetting small...

The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commodities, edged up on Wednesday,...

“In 2022, demand growth for multipurpose vessels slowed significantly, while fleet capacity increased,” Susan Oatway says when summarising the breakbulk and project...

A Chinese state-owned firm said on Monday it plans to take its investment in Sri Lanka to $2 billion by building a...

Container shipping, globally, will be “under pressure” because of high interest rates and inflationary pressures across developed economies; which in turn brings in “recessionary...

Paradip Port Authority’s marine department has awarded Dredging Corporation of India a project worth ₹172 crore to dredge the approach channel, entrance...

On the occasion of the first anniversary of the implementation of the India-UAE Comprehensive Economic Partnership Agreement (CEPA), Commerce Secretary Shri Sunil...

Asia and the Pacific is a relative bright spot amid the more somber context of the global economy’s rocky recovery....

The board of Daewoo Shipbuilding & Marine Engineering (DSME) will likely approve the acquisition by five Hanwha companies of the...