News Flash

The spot market for high sulphur fuel oil (HSFO) remained under pressure on Thursday as Russian supplies continued to flood...

Container freight rates will keep declining in the current realignment of shipping demand and supply, said the chief executive of...

Accelerating digital development and evolving expectations are driving rapidly rising demand for maritime connectivity, presenting both challenges and opportunities for...

The Baltic Exchange’s dry bulk sea freight index dropped to its lowest level in more than two years on Thursday,...

China’s reopening after the Lunar New Year celebrations, is expected to offer a boost in the freight rate market. In...

The ceremonial 'steel cutting' was performed for two 7000-ton vessels being built by India's government-run Cochin Shipyard Limited (CSL), for...

On February 1, the Indian government announced its plan to invest in coastal shipping. As per the latest budget allocations,...

Rice export prices from India rose to their highest level since April 2021 this week, aided by firm demand and...

Dredging Corporation of India (DCI) signed a historic agreement with Inland Waterways Authority of India (IWAI) today. The deal was...

Global energy and commodity price reporting agency Argus today launched the world’s first independently assessed price for ship fuel that...

Net profit of Great Eastern Shipping Company rose 205.52% to Rs 627.20 crore in the quarter ended December 2022 as...

he Baltic Exchange’s dry bulk sea freight index fell to its lowest since June 2020, weighed by weaker demand for...

The shift to greener fuels in shipping is gathering pace, with a almost a third of orders reflecting that, amid...

Western oil tankers ramped up their shipments of Russian crude in January as prices for Moscow’s flagship Urals grade held...

According to new data released today by the NGO Shipbreaking Platform, 443 ocean-going commercial ships and offshore units were sold...

The Indian economy is expected to grow in the range of six per cent to 6.8 per cent in the...

Expansion of port capacity and development of inland waterways in India over the next few years will be key to...

Suez Canal tugboats are working to move a broken down LNG tanker called Grace Emilia on Wednesday, two canal sources...

The Baltic Exchange’s main sea freight index registered its biggest monthly percentage fall in three years, weighed by weaker demand...