News Flash

Maersk Drilling and Petrogas E&P Netherlands B.V. have agreed to an amendment of the previously entered contract for the provisioning...

Prudent Shipping Investments (Prudent), a Singapore based Company, has today (14th September 2022) closed financing for 2 modern Supramax bulk...

Around 82 ships with 418 seafarers remain stuck around Ukrainian ports despite the opening of a U.N.-backed sea corridor to...

The UAE’s Port of Fujairah is getting so crowded with Russian vessels carrying oil products that other shippers are getting...

The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, rose for a seventh straight...

Navios Maritime Holdings Inc. (“Navios Holdings” or the “Company”) (NYSE: NM), announced today that it commenced a tender offer to...

Iran will nudge India towards reviving its procurement of discounted Iranian sweet crude during a meeting between Prime Minister Narendra...

The use of Indian ports for trans-shipment of goods such as raw materials for Bangladesh’s ready-made garments sector, will lead...

Margins of the domestic shipping industry may decline to 25-30% in the current fiscal, after hovering between 33-38% in the...

Chinese shipyard COSCO Shipping Heavy Industry has completed the construction of a floating production storage and offloading (FPSO) vessel, also...

Germany’s ruling coalition is divided over whether to let China’s Cosco take a stake in a Hamburg port terminal, government...

The Mediterranean Shipping Company (MSC) has started to reroute its ships on the shipping lanes off the Sri Lankan coast...

Regulating Maritime Autonomous Surface Ships (MASS) has implications for safety, legal and facilitation instruments under the purview of the international...

In a typical year, winter demand in the Northern Hemisphere pumps up rates for tankers carrying crude oil, refined products...

China has issued a fourth batch of export quotas for very low sulphur fuel oil (VLSFO) of 2.75 million tonnes,...

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

The newbuilding market has picked up the pace over the past week. In its latest weekly report, shipbroker Allied Shipbroking...

Exercise Pitch Black 22 was hosted by the Royal Australian Air Force at its Darwin Air Base. Spanning over three...

As the next step in the Group’s sustainability journey, Bunker Holding can now present its first ESG report. The report...

Peninsula, a global leader in the supply of marine fuels, has today announced its selection of Veson Nautical, a leading...