News Flash

The second hand market for ships has declined to just $7 billion, versus $13.5 billion in the same period of...

Confirmed it was an explosion, worker died in explosion. 400,000 barrels of oil on board. No power on board after...

German ocean carrier Hapag-Lloyd announced the addition of a new service in Asia that will have flexible port coverage. This...

The Saudi Ports Authority (Mawani) has announced the addition of King Abdulaziz Port to the IMX service run by a...

South Korea’s SK gas Co. is preparing to enter the liquefied natural gas bunkering market through a terminal construction project...

Fujairah, the world’s third-largest bunkering hub, expects energy companies to set up more refineries in the emirate to produce low-sulphur...

Turkey will continue discussions to extend a deal that allows grain shipments from Ukraine’s Black Sea ports for 120 days...

“Scrubbers were installed on 399 ships in 2022, a fall of 24% y/y, and currently 13% of bulker, container, and...

The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, rose on Wednesday, as gains...

RECRUITMENT OF MERCHANT NAVY PROFESSIONALS 1589. SHRI TIRUCHI SIVA:Will the Minister of PORTS, SHIPPING AND WATERWAYS be pleased to state:...

Greek bulker owner Globus Maritime has sold its 2007-built supramax Sun Globe to an unaffiliated third party for $14.1m. Industry sources say...

DNV announced all users are back online on its dedicated ShipManager servers after the ransomware attack earlier this year. The Norwegian...

Despite falling freight rates and uncertainty regarding consumer demand, container shipping’s ordering spree continues with Japanese shipping line Ocean Network Express announcing...

UAE’s Fujairah must step up investments for storage and supply of new alternative fuels as these markets are still lacking...

TFG Marine, majority owned by commodities trader Trafigura, aims to increase its marine fuel sales volume by up to 20%...

Seanergy Maritime Holdings Corp., announced today its financial results for the fourth quarter and twelve months ended December 31, 2022....

The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, rose to a near 12-week...

The war in Ukraine has spurred a flurry of sales and purchases of oil tankers over the past year as...

Scientists are concerned about a massive iceberg, the size of Greater London, which could potentially collide with shipping, fishing and...

Kazakhstan plans to ship 20,000 tonnes of crude to Germany this month via the Russian Druzhba pipeline and the same...