News Flash

KR (Korean Register) has officially launched a joint working group to establish international standards for the safe discharge of toxic...

Israel has jeopardized maritime safety by attacking Iranian energy structures along the Persian Gulf coastline, a senior government official said...

As the conflict between Israel and Iran continued into a sixth day, vessels are increasingly waiting for instructions or at...

Seafarers detained in connection with their professional duties must be treated fairly and with dignity, with full respect for their...

Introduction: the Hormuz Strait and its significance The world is still reacting to the dramatic outbreak of hostilities between Israel...

NEW DELHI: Prime Minister Narendra Modi used his address at the G7 outreach session to deliver a sharp message on...

The maritime industry is facing a sharp rise in machinery failures and engine-room incidents that modern monitoring systems could help...

Former Iranian Economy Minister Ehsan Khandouzi has said that tankers and LNG cargoes should only transit the Strait of Hormuz...

Spot premiums for high sulphur fuel oil (HSFO) fell for a second straight day in Asia, while very low sulphur...

Gard is the lead insurer on the hull cover for oil tanker Front Eagle, which caught fire after a collision...

The Strait of Hormuz is a key waterway that lies between Oman and Iran, and connects the Persian Gulf with...

DNV’s whitepaper explores the design and operational factors influencing WAPS fuel savings and provides steps for evaluating the technical feasibility...

Marine war risk rates for ships transiting Israeli waters have spiked to around 0.7% following the escalation of tensions with...

While global energy markets are not yet pricing in worst-case scenarios for the Israel-Iran war, oil tanker rates are providing...

The global dry bulk fleet is facing a sharp contraction in younger, more efficient tonnage, with the supply of vessels...

The ship recycling market was further hampered by the developments of the past week and the escalation of warfare between...

Ocean Network Express (“ONE”) announced today the naming of ONE Singapore, the sixth vessel in a series of 20 ammonia/methanol...

The European Commission is set to propose on Tuesday a ban on EU imports of Russian gas and liquefied natural...

The global petrochemical industry, as a first flagged up in early 2022 and discussed again last week, is in a...

China is continuing to build up crude oil stockpiles as it refines substantially less than what it has available from...