GTT Charts New Course in Maritime Innovation with Danelec Integration

GTT becomes the world’s largest provider of maritime performance management solutions, with digital services now reaching over 17,000 vessels globally. Two new dedicated...

Eco Marine Power Pilots Cutting-Edge Solar Tech on Shipboard Trial

Eco Marine Power Co., Ltd. announced that it has commenced evaluation trials of its updated solar power system known as Aquarius Marine Solar Power,...

OPEC Ramps Up Oil Output Again in Strategic Bid to Regain...

The Organization of the Petroleum Exporting Countries (OPEC) has announced another significant increase in oil production, signaling a bold effort to reclaim market share...

Mesaieed Restores Night Navigation After Easing of GPS Glitches

QatarEnergy will allow night navigation of the water channel to Mesaieed -- one of the country's main petroleum hubs – to resume from Aug....

India Commissions 1 MW Green Hydrogen Plant at Kandla Port

Sonowal Hails Project as Key Step Toward PM’s 2030 Vision. DPA and L&T Praised for Speedy Execution of Hydrogen Plant. India Strengthens Clean...

DG Shipping Prohibits Foreign Entities From Conducting Maritime Training Within India

Violators Face Legal Action and Blacklisting Under New Order. Indian Institutes Ordered to Halt Foreign-Affiliated STCW Courses. Unauthorised Seafarer Certificates to Be Rejected...

Charter Rates Fall 20% as Chemical Tanker Deliveries Surge

Seaborne Chemicals Trade Sees Minimal Growth at 0.3%. Organic Chemical Demand Weakens, Exports from Key Producers Drop. China Turns Styrene Exporter, Indonesia Cuts...

Tariff Talks Continue as USA–China Near August Deadline

EU–USA Finalise 15% Tariff Deal; Market Awaits China Decision. Freight Rates Hold Steady Amid Tariff Uncertainty. East Coast Rates Slide While West Coast...

LNG and LPG Rates Soften Slightly on Weak Demand

US Gulf LNG Routes See Minor Rate Shifts Amid Patchy Demand. LNG Time Charter Rates Extend Decline on Weak Outlook. LPG Market Active...

Rising Oil Sanctions Trigger Ripple Effects in Tanker Trade

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