News Flash

At least two vessels loaded with Russian oil bound for refiners in India have diverted to other destinations following new...

The recent tightening of sanctions enforcement on Iranian and Russian oil by the US and EU may lead to notable...

Capesize The gains in the Capesize time charter average from last week were reversed, with the 5TC closing at $27,331...

The global bulk carrier fleet is aging. With a 12% annual increase in carriers aged 21 years or older and...

Pan Ocean announced on July 31 that its sales for the first half of this year increased by 21.6% year-on-year...

GTT, a technology and engineering group specialising in containment systems for liquefied gases, today announced the completion of its acquisition...

Communities in Panama that would have to relocate under the Panama Canal’s plan to build a $1.6 billion reservoir filed...

Russia’s exports of liquefied natural gas in January-July this year declined by 4.5% from a year earlier to 17.1 million...

Eco Marine Power Co., Ltd. (Eco Marine Power) announced today that it has commenced evaluation trials of its updated solar...

Asia’s very low sulphur fuel oil (VLSFO) market continued to weaken on Friday, while the hi-5 spread narrowed from the...

Columbia Group is calling for urgent reforms in maritime education to address a growing shortage of qualified seafarers and to...

The Union of Greek Shipowners published today its 2024-2025 Annual Report, which presents detailed statistics and insights into the main...

The Baltic Exchange’s main sea freight index, which measures rates for ships carrying dry bulk commodities, edged higher on Friday...

Indian state refiners have stopped buying Russian oil in the past week as discounts narrowed this month and U.S. President...

As global expectations grow for health-conscious and environmentally responsible operations, leading global catering management provider MCTC is taking a bold...

Maritime software company Voyager Portal has secured strategic funding from Singapore-based venture capital firm Motion Ventures to accelerate development of...

The US State Department said July 30 it would impose sanctions on 20 entities it believes are engaged in trading...

Panama’s comptroller general, Anel Flores, said on Wednesday he had filed suit to the nation’s Supreme Court against a contract...

As the global shipping industry moves rapidly toward decarbonization, Bernhard Schulte Shipmanagement (BSM) has launched its first methanol bunkering simulator...

In a unique analysis of near 500 incidents involving shore workers over the last twenty-five years, the ICHCA Severe Risks...