News Flash

Karpower International B.V. (Karpowership) and Mitsui O.S.K. Lines, Ltd. have reached a deal with Japan Bank for International Cooperation (JBIC)...

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

Newbuilding activity for 2023 has began to pick up the pace, with the main focus, so far, being orders on...

The U.S. Coast Guard said it was responding to an oil spill in the Mississippi River after a dredging vessel...

United Arab Emirates’ Abu Dhabi Ports will help Kazakhstan to build a tanker fleet in the Caspian Sea, reducing the...

Asyad Shipping – the shipping arm of Oman’s global integrated logistics service provider Asyad Group – signed an agreement with...

A rusting oil tanker that has been described as a “floating time bomb” moored in the Red Sea is still...

Russia became the third-largest oil supplier to India in 2022, making up about 15% of total purchases, dragging down OPEC’s...

Asia’s naphtha refining profit margin inched lower on Wednesday as crude prices jumped about 1%, but the drop was limited...

The government is set to ban 25-year-old oil tankers, bulk carriers and general cargo vessels, both Indian registered and foreign...

India’s merchandise exports contracted 12.2 per cent year-on-year (YoY) in December to $34.48 billion as slowing external demand amid recession...

President of the Korangi Association of Trade and Industry (KATI) Faraz-ur-Rehman has expressed concerns that containers are still stuck at...

Shell PLC’s LNG Canada export project in British Columbia plans to start building its proposed second phase with natural gas-powered...

Ascenz, a GTT Digital company, has been selected by a major Mexican ship-owner to equip a tanker with its Electronic...

Asia’s spot cash differential for 380-cst high sulphur fuel oil (HSFO) extended gains to a second straight session on Tuesday...

In line with The Bahamas Maritime Authority’s (BMA) commitment to consistently high standards and exceptional service, it is pleased to...

The Baltic Exchange’s main sea freight index tracking rates for ships carrying dry bulk commodities, fell to fresh multi-year lows...

Guyana’s upcoming bidding round for offshore areas has caught the interest of top energy companies from Asia to Europe, according...

The ship recycling market has, so far, failed to impress at the beginning of 2023. In its latest weekly report,...

Seven Islands shipping Ltd, backed by Indian born Canadian businessman Prem Watsa – led Fairfax India holdings. In 2022, U.S....