News Flash

Dozens of merchant ships with grains and sugar are stuck outside Iranian ports after weeks of delays as payments snags...

Pacific International Lines (PIL) is pleased to announce that it has made its first delivery of fresh avocadoes to Singapore...

Rajya Sabha on Wednesday passed a Bill which the government said would provide an effective legal instrument to combat maritime...

The Maritime Workers Union of Nigeria (MWUN) has reportedly called on the Federal Government to compel International Oil Companies (IOCs)...

India’s market regulator extended the suspension of trading in derivative contracts of key farm commodities by a year as the...

From 22 December 2022, ships trading to Chinese ports must record their energy consumption data in accordance with the requirements...

India is set to be the world’s fastest growing major economy in the year ahead, as a post-pandemic retail boom...

After about a year of uncertainty in 2022, global economy is in a steep slowdown, according to the latest report...

China kept its benchmark lending rates unchanged for the fourth consecutive month on Tuesday, matching expectations, but markets increasingly see...

Germany took a huge step toward weaning itself off Russian natural gas on the weekend, with the opening of a...

This year with Russia’s war in Ukraine demonstrated that the cargo flows, mot believably, will not return to the previous...

Mediterranean Shipping Co. (MSC), the world’s largest ocean carrier, is facing ongoing fallout from multiple drug smuggling cases that occurred...

EMS-Fehn-Group’s heavy lift and crane professionals of EFG Scandinavia AS are looking back on a record-setting 2022. Over the past...

The ship recycling has remained under pressure, despite a few positive signs here and there. In its latest weekly report,...

United Maritime Corporation, announced today that it has entered into a definitive agreement with an unaffiliated third party for the...

Shares of Shipping Corporation of India (SCI) hit a 52-week high of Rs 151.30 as they soared 8 per cent on the...

At 00:01 UTC on 1 January 2023, the Shipping Industry Indian Ocean High Risk Area (HRA) for piracy will be...

Increased focus on decarbonisation has led to more shipbuilding involving state of the art technologies, such as: duel-fuel LNG and...

State-owned IIFCL on 18 December announced that it has sanctioned ₹8,244 crore loans to about 20 projects to help add...

The Suez Canal Authority signed a Memorandum of Understanding with the Maritime Anti-Corruption Network (MACN) to provide a framework for...