News Flash

VLCC Rates in this sector remained depressed this week. In the Middle East, we saw rates for 280,000mt to USG...

The Directorate-General of Shipping (DG Shipping) has allowed the re-opening of post-sea and pre-sea maritime training institutes (MTIs) that were...

Under the agreement, a new company will be set up to take over the ship management of Carsten Rehder’s owned...

According to Ulstein, the jack-up can operate 75 per cent of the time in zero-emission mode. Using readily available technology,...

Ahead of the UK’s exit from the EU Customs union, the country’s government has launched a £200 million ($258 million)...

The founder of one of Singapore’s biggest marine fuel suppliers has been charged for his involvement in a large-scale oil...

The hesitant recovery in global demand for oil looks set to grind to a halt, putting pressure on crude and...

The shipping industry continues to work towards new applications of autonomous operations with the latest advancements of the technology being...

Before implementation of the IMO-2020 global sulphur cap, there were concerns on the properties of the new fuel blends –...

The international shipping association BIMCO is the latest member of the maritime community to express concerns over the decision to...

Crude oil exports from Russia appear to be recovering once again. In its latest weekly report, shipbroker Banchero Costa said...

Seaspan Corporation, a wholly-owned subsidiary of Atlas Corp., is buying two 12,000 TEU containerships for $176 million in cash. The...

Singapore’s first LNG bunkering vessel FueLNG Bellina, was named paving way for FueLNG, a joint venture between Keppel Offshore &...

Japan’s classification society ClassNK has opened new survey offices in India’s Kandla and Spain’s Valencia in a move to improve...

The use of an intelligent, integrated solution tailored for the operations of containerized shipping is all the more important now...

On 1st October, Thursday marks the fifth anniversary of the loss of the con/ro El Faro, which went down with...

Although many of China’s major bulk imports, such as iron ore and crude oil, have seen strong growth so far...

A bulk carrier anchored off Western Australia has become the latest vessel struck with a severe outbreak of COVID-19, serving...

With a global recession raging once again, as a result of the pandemic, ship owners are more inclined to let...

A great deal has changed since March, when the International Chamber of Shipping first issued guidance for the global shipping...