News Flash

In 2021, both tanker and bulk freight rates should climb as commodity demand improves on a global production recovery and...

The International Marine Contractors Association (IMCA) is supporting the Seafarers Delivering Christmas campaign, highlighting both the ongoing crew change crisis...

The cabinet secretary-headed core group of secretaries on divestment will, on Monday, take up the issue of preliminary information memorandum...

After China, the U.S., the EU and Australia, the next country to be badly hit because of containers (either surplus or...

In the maritime industry, communication at sea has lagged far behind the onshore world in terms of connectivity. There is...

Two smaller container ships operating feeder routes along China’s Yangtze River collided overnight near Shanghai, causing one of the vessels...

It is in the hands of the Chamber of Deputies to assess, change and approve a bill that promises to...

The drafting team working on the revision of GENCON 94 has agreed on a new Clause 2 for shipowners’ responsibilities....

Under the MOU, the Maritime and Port Authority of Singapore (MPA) and SMU will cooperate in two focus areas, namely...

The coronavirus pandemic has slowed efforts to make safer the often hazardous job of dismantling old ships in Bangladesh, officials...

European Union leaders unblocked this week a 1.8 trillion euro financial package to help the economy recover from the pandemic-induced...

Gulf Oil International Ltd, part of the Hinduja group, said it has reached an agreement to acquire the lubricant blending...

According to the WHO, there are currently more than 100 COVID-19 vaccine candidates under development, with a number of these...

Construction of Russia’s first LNG bunkering vessel is now in its final stage, with Gazprom Neft having now completed its...

Mitsui O.S.K. Lines, Ltd. yesterday announced the policy for the reorganization of the Dry Bulk business within the Group. 1....

Japanese shipowner Mitsui O.S.K. Lines has reached a coal transport deal with Tohoku Electric Power Co., using a coal carrier...

The Shanghai Containerized Freight Index (SCFI) Shanghai – Europe reported a rate of $2,948 per teu on Friday compared to...

Bremen-based bulker alliance of BBG and Harren & Partner will manage a fleet of 23 bulk carriers. “By joining forces,...

Inmarsat, the world leader in global, mobile satellite communications, confirms commercial service introduction (CSI) of GX5, the company’s newest, most...

On International Anti-Corruption Day 2020 (9 December), IMO Secretary-General Kitack Lim has highlighted the Organization’s support for the fight against...