News Flash

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Chinese Cruise Ship Gulangyu Approaches Taiwanese Coastline

Categories: News Flash

Date: Apr 22, 2025

A Chinese cruise ship, the Gulangyu, came within just two nautical miles (about 3.7 kilometres) of T...

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Indian Register of Shipping relocates Kakinada Office to Strengthen Regional Presence

Categories: News Flash

Date: Apr 22, 2025

Indian Register of Shipping (IRS) is pleased to announce the relocation of its Kakinada Site Office ...

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Sarbananda Sonowal leads Commencement Ceremony of Cruise Operations from MICT in Mumbai, India’s largest Cruise Terminal

Categories: News Flash

Date: Apr 22, 2025

The Union Minister of Ports, Shipping and Waterways (MoSPW), Shri Sarbananda Sonowal flagged off Cru...

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US lay out plans to hit Chinese ships with port fees

Categories: News Flash

Date: Apr 21, 2025

The US has revealed plans to impose port fees on Chinese ships to try to revive shipbuilding in the ...

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Landmark IMO deal set to shake up shipping

Categories: News Flash

Date: Apr 21, 2025

A decisive moment for global shipping regulation unfolded last week as the International Maritime Or...

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Eximbank signs agreement with KOBC to strengthen maritime supply chain

Categories: News Flash

Date: Apr 21, 2025

The Export-Import Bank of Korea (Eximbank) announced on Sunday, April 20, 2025, that it has signed a...

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DHL to suspend global shipments of over $800 to US consumers

Categories: News Flash

Date: Apr 21, 2025

DHL Express, a division of Germany’s Deutsche Post said it would suspend global business-to-consum...

Commerce Dept pushing to expedite export promotion mission amidst global uncertainty

Categories: News Flash

Date: Apr 21, 2025

To lend support to exporters as they face greater global uncertainty, the Commerce Department is try...

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Captain Jagmohan appointed as new CMD of Mazagon Dock Shipbuilders Limited

Categories: News Flash

Date: Apr 21, 2025

The Government on Thursday appointed Captain Jagmohan (Retd) as the new Chairman and Managing Direct...

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China opposes U.S measures targeting its maritime, logistics, shipbuilding sectors

Categories: News Flash

Date: Apr 21, 2025

China has expressed strong opposition to the U.S. measures following its investigation into China’...

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Mumbai International Cruise Terminal Commencement Ceremony to take place today

Categories: News Flash

Date: Apr 21, 2025

Hon’ble Cabinet Minister of Ports, Shipping and Waterways, Shri Sarbananda Sonowal reached Mumbai ...

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Visakhapatnam Port will soon have a state of the art Unified Command Control Centre: VPA Chairperson

Categories: News Flash

Date: Apr 21, 2025

Visakhapatnam Port Authority (VPA) is setting up a state-of-the-art United Command Control Centre (U...

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Container ship service set to begin between Mongla and Chattogram ports

Categories: News Flash

Date: Apr 21, 2025

In a significant development aimed at reducing export costs and enhancing trade accessibility in the...

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Leading Maritime charities partner to launch industry-first programme to support neurodivergent seafarers

Categories: News Flash

Date: Apr 19, 2025

As part of our ongoing efforts to foster greater equity, diversity and inclusion within the maritime...

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Lloyd’s Register and Pusan National University Partnership To Drive Innovation In Liquefied Hydrogen Carrier Technology

Categories: News Flash

Date: Apr 19, 2025

The partnership aims to advance liquefied hydrogen carrier technology, promoting sustainable and zer...

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Asian countries look to buy more US energy to offset trade imbalance

Categories: News Flash

Date: Apr 19, 2025

Asian governments are looking to buy more U.S. oil and gas as they scramble to lower their trade sur...

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Costamare Inc. Announces Plans for Costamare Bulkers Holdings Limited Spin-Off

Categories: News Flash

Date: Apr 19, 2025

Costamare Inc. announced that its Board of Directors has approved the previously announced spin-off ...

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Exports of sanctioned Russian Arctic oil to China set to rise in April, sources say

Categories: News Flash

Date: Apr 19, 2025

Russia’s exports of Arctic oil to China are set to rise sharply in April after sellers offered wid...

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Record-breaking carbon emissions in ocean container shipping: here’s what shippers need to know

Categories: News Flash

Date: Apr 19, 2025

Latest data reveals global ocean container shipping emitted all-time high carbon emissions in 2024, ...

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IMO: Outcomes of the Marine Environment Protection Committee (MEPC 83)

Categories: News Flash

Date: Apr 19, 2025

The Marine Environment Protection Committee (MEPC) met for its 83rd session in person at IMO Headqua...

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Baltic Index Rises On Strong Rates Across Vessels

Categories: News Flash

Date: Apr 19, 2025

The Baltic Exchange’s dry bulk sea freight index, which monitors rates for vessels moving dry bulk...

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Russian Arctic oil exports to China jump helped by STS transfers, sources say

Categories: News Flash

Date: Apr 19, 2025

Russia’s Arctic oil exports to China are set to rise sharply this month buoyed by a jump in ship-t...

Global LNG freight falls sharply as Bintulu LNG’s up to three trains temporarily down

Categories: News Flash

Date: Apr 19, 2025

Global LNG freight tumbled sharply April 16 as at least three of the nine trains at Bintulu LNG were...

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Gasoline traders shift exports to West Africa amid US tariff threats

Categories: News Flash

Date: Apr 17, 2025

Threats of further tariffs from the US and an ongoing arbitrage to West Africa have led to an unseas...

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VLSFO spot premium inches up on more trading momentum

Categories: News Flash

Date: Apr 17, 2025

Asia’s spot premium for very low sulphur fuel oil (VLSFO) was stable to higher on Wednesday after ...

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WTO: Temporary tariff pause mitigates trade contraction, but strong downside risks persist

Categories: News Flash

Date: Apr 17, 2025

The volume of world merchandise trade is expected to decline by 0.2% in 2025 under current condition...

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Agreement Reached on New Global Minimum Wage for Seafarers

Categories: News Flash

Date: Apr 17, 2025

The International Labour Organization (ILO) has concluded the latest round of minimum wage negotiati...

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Ship Recycling Unchanged After Eid Holidays

Categories: News Flash

Date: Apr 17, 2025

Things remain at a standstill regarding ship demolition activity. In its latest weekly report, Best ...

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Rio Tinto posts lowest Q1 iron ore shipments since 2019, tempers forecast

Categories: News Flash

Date: Apr 17, 2025

Rio Tinto RIO, RIO on Wednesday reported its lowest first-quarter iron ore shipments since 2019 and ...

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Stena Bulk To Register Up To Five Suezmax Tankers Under The Swedish Flag

Categories: News Flash

Date: Apr 17, 2025

Leading tanker shipping company Stena Bulk has today confirmed its intention to register up to five ...

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WinGD X-EL wins first hybrid integration project for wind-assisted vessels

Categories: News Flash

Date: Apr 17, 2025

Swiss marine power company WinGD is to integrate hybrid power and energy systems on four 113,600 DWT...

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V. secures full management contract with International Seaways for six dual-fuel (LNG) ready newbuild tankers

Categories: News Flash

Date: Apr 17, 2025

V., the global ship manager and marine services provider, has been awarded the full technical and cr...