News Flash

Asia’s purchase of Russian crude is unlikely to be deterred by issues relating to insurance after the G7 base price...

Vessel operating cost inflation has accelerated in 2022 on mounting worldwide macroeconomic price pressures, despite some receding of Covid-19 related...

The Baltic Exchange’s dry bulk sea freight index (.BADI) rose on Monday as higher demand for capesize vessels offset a...

Iraq has approved two-year budget allocations for the completion of the multi-billion-dollar Al Faw Grand Port project involving building one...

One of the main shortages caused by the existing conditions in the energy markets and the looming sanctions, revolves around...

The navies of India and Sri Lanka have discussed ways to strengthen bilateral cooperation and actions to overcome common maritime...

Be it Sagaramala, National Logistics Policy or the PM Gati Shakti plan, several important initiatives have been taken by the Centre...

The Liberian Registry, the world’s second largest ship registry, signed a memorandum of understanding (MOU) with maritime industry technology leaders...

Kawasaki Kisen Kaisha, Ltd. (“K” LINE) is pleased to announce the execution of five long-term Time Charter contracts through joint...

The European Union’s ban on imports of Russian crude is now less than five weeks away. As the clock ticks...

Container terminals depend on carrier calls to generate business, which can vary according to market developments and liner network changes,...

CapesizeThe past week has had a negative trend overall, but closed up by the end. The average of the 5...

The use of biofuel blends in the shipping industry could become the norm in the following years, as they seem...

VLGC rates on the key Persian Gulf-Japan route extended a three-month rally to reach their highest for almost two years...

Capesize values for older vessels rose in October with prices for 15 year old tonnage up 9.55% since the start...

The Baltic Exchange’s dry bulk sea freight index (.BADI) rose on Friday for the first time in 13 sessions, helped...

Global Energy Trading Pte Ltd (“GET”), Stellar Ship Management Services Pte Ltd (“Stellar”), wholly owned subsidiaries of Global Energy Group,...

Teekay Corporation yesterday reported results for the three and nine months ended September 30, 2022. These results include the Company’s...