News Flash

SFL Corporation Ltd. announced its preliminary financial results for the quarter ended December 31, 2022. Highlights 76th consecutive quarterly dividend...

Asia’s very low sulphur fuel oil (VLSFO) market gained on Wednesday after inventories at the Fujairah hub declined. The 0.5%...

Mr. Marine has acquired 100% of the shares in Singapore-based Atlas Marine Services Pte Ltd. With this acquisition, Mr. Marine...

A ship operated by Denmark’s Maersk Tankers has been banned from Spanish ports, Spanish officials said, after its cargo of...

The Board of the International Chamber of Shipping (ICS), which represents over 80% of the world’s merchant fleet, has submitted...

Digital Container Shipping Association(DCSA) today announces its nine ocean carrier members commit to 100% adoption of an electronic bill of...

“In 2022, Chinese shipyards reached a market share of 47% and for the first time exceeded the combined market share...

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

There wasn’t too much movement in the S&P or the newbuilding markets this past week. In its latest weekly report,...

Jiangsu Huadian Ganyu LNG terminal has started construction at Ganyu port, Lianyungang in China’s eastern Jiangsu province, the local government...

In a meeting between Head of Iran’s Ports and Maritime Organization (PMO) Ali-Akbar Safaei and Kazakh Ambassador to Tehran Askhat...

Following the announcement in October 2022, Wärtsilä has integrated the Voyage business into Wärtsilä Marine Power since the beginning of...

In recent times, Alang has seen a major push for the development of ship recycling yards, beyond the regulatory or...

The spot cash premium for very low sulphur fuel oil (VLSFO) in Asia fell for a third consecutive session as...

The decarbonization of international shipping is a priority for IMO and by mid-2023, the organization aims to have in place...

The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, fell to a near three-year...

EuroDry Ltd., an owner and operator of drybulk vessels and provider of seaborne transportation for drybulk cargoes, announced its results...

BMS United Bunkers, Bunkernet, and SBI bunkering BV, leading marine fuel supply companies, today announced that they have entered into...

After months of financial constraints, things could soon start improving for ship recyclers in Bangladesh and Pakistan. In its latest...

Bahri Line, a business unit under Bahri Logistics, has officially established a new pendulum service line between the Asian and...