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China-flagged cargo ship sinks off Russia’s Sakhalin island – TASS

China-flagged cargo ship sinks off Russia’s Sakhalin island – TASS

A China-flagged cargo ship sank in the Strait of Tartary off the coast of Russia’s Sakhalin island, the press service...
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Viasat’s buyout of Inmarsat provisionally cleared by UK regulator

Viasat’s buyout of Inmarsat provisionally cleared by UK regulator

Britain’s competition regulator CMA said on Wednesday it had decided to provisionally clear U.S. company Viasat’s VSAT.O buyout of Inmarsat...
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India’s IOC releases provisionally hired China-linked VLCC to import Mexican crude

India’s IOC releases provisionally hired China-linked VLCC to import Mexican crude

India’s state-run Indian Oil Corp. has released a VLCC – after being briefly placed on subjects – when it was...
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International Chamber of Shipping and Suez Canal Authority commit to continue open communication

International Chamber of Shipping and Suez Canal Authority commit to continue open communication

The International Chamber of Shipping (ICS) and Suez Canal Authority (SCA) extend landmark agreement. The extension to the agreement, initially...
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HSFO firms on strong bids, while VLSFO extends dip

HSFO firms on strong bids, while VLSFO extends dip

Asia’s high sulphur fuel oil (HSFO) market firmed on Wednesday as strong bids emerged on the first day of a...
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Goods barometer declines further, hinting at fourth quarter trade slump

Goods barometer declines further, hinting at fourth quarter trade slump

World merchandise trade growth appears to have lost momentum in the fourth quarter of 2022 and is likely to remain...
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Performance Shipping Inc. Announces Pricing Of $12.5 Million Registered Direct Offering

Performance Shipping Inc. Announces Pricing Of $12.5 Million Registered Direct Offering

Performance Shipping Inc., a global shipping company specializing in the ownership of tanker vessels, announced today that it has entered...
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Alexandroupolis FSRU project kicks off with conversion works at Keppel shipyard

Alexandroupolis FSRU project kicks off with conversion works at Keppel shipyard

The work to develop Greece’s first Floating Storage Regasification Unit (FSRU) commenced recently at the Keppel shipyard in Singapore with...
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India intensifies oil supply talks with US ahead of further Russian sanction moves

India intensifies oil supply talks with US ahead of further Russian sanction moves

India has intensified discussions with the US to ensure its oil supply strategy does not encounter hurdles or disruptions in...
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Panama And The Philippines Strengthen Relations At The 2023 Philippines Maritime Expo

Panama And The Philippines Strengthen Relations At The 2023 Philippines Maritime Expo

The Republic of Panama, through the Panama Maritime Authority (AMP), participated in the “Philippines Maritime Expo 2023: Flag State and...
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Coastal container feeder service flagged off between Chennai, Pondicherry ports

Coastal container feeder service flagged off between Chennai, Pondicherry ports

Coastal shipping service between the Chennai and Pondicherry Ports began on Monday with container feeder vessel 'Hope Seven' carrying 106...
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Critical port connectivity projects to get Rs 1 lakh Cr Gati Shakti push

Critical port connectivity projects to get Rs 1 lakh Cr Gati Shakti push

The Centre has earmarked over ₹1 lakh crore for 100 critical port connectivity projects under the PM Gati Shakti Master Plan, according to Minister...
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Govt bans 25-year-old oil tankers, bulk carriers, and other ships from Indian waters

Govt bans 25-year-old oil tankers, bulk carriers, and other ships from Indian waters

The government has decided to ban 25- year-old oil tankers, bulk carriers, and general cargo vessels, both Indian registered and...
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Adani Ports cross 300 million tonnes Cargo volumes to beat its own milestone

Adani Ports cross 300 million tonnes Cargo volumes to beat its own milestone

Adani Ports and Special Economic Zone, a part of the diversified Adani Group, crossed 300 million tonne of cargo handling,...
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Offshore Wind’s Carbon-Cutting Ambition Imperiled by Ship Shortage

Offshore Wind’s Carbon-Cutting Ambition Imperiled by Ship Shortage

A shortage of the big boats capable of installing wind turbine foundations on the ocean floor threatens to delay new...
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Engine Room Fire on ‘Algoma Discovery’ in Winter Lay-Up

Engine Room Fire on ‘Algoma Discovery’ in Winter Lay-Up

A fire was reported Monday morning just after 9:00 a.m. EST aboard the wintering Algoma Discovery in the city of Port Colborne,...
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Shell to provide LNG for Hapag-Lloyd’s 23,500+ TEU newbuilds

Shell to provide LNG for Hapag-Lloyd’s 23,500+ TEU newbuilds

German liner major Hapag-Lloyd has signed a multi-year agreement for the supply of liquefied natural gas (LNG) with Shell Western...
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War on the Black Sea Enters its Second Year

War on the Black Sea Enters its Second Year

When Russia invaded Ukraine early on February 24, 2022, many predicted a short conflict. Russia drove on the Ukrainian capital of Kyiv...
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Chevron Announces Lower Carbon LNG Fleet Modification Project With Sembcorp Marine

Chevron Announces Lower Carbon LNG Fleet Modification Project With Sembcorp Marine

Chevron Corporation (NYSE: CVX), through its subsidiary Chevron Shipping Company LLC, announced entrance into an agreement with Sembcorp Marine Repairs...
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A Bangladeshi Vessel Sinks In The Hooghly River

A Bangladeshi Vessel Sinks In The Hooghly River

A part of a Bangladesh-bound general cargo vessel loaded with fly ash reportedly collided with one more vessel. It submerged...
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