Global stocks plunged after President Vladimir Putin launched a military attack on Ukraine, drawing condemnation from the West and making punishing sanctions all but certain, says an article published in CNN. European stocks European stocks tumbled...

Russia invades Ukraine as Putin declares war to ‘demilitarise’ neighbour Stay or flee? Kyiv comes to terms with disaster of Russian invasion Russia has invaded Ukraine: what we know so far UK PM...

Russia-Ukraine risks keep oil prices elevated DOE offered 50 million barrels in November US SPR inventory falls to lowest in 19 years The Biden administration signaled Feb. 22 that it is building a case...

Hyundai Glovis, the logistics arm of South Korea’s Hyundai Group, is believed to have placed a $217 million order with Korea Shipbuilding & Offshore Engineering Co. (KSOE) for a liquefied natural gas (LNG) carrier,...

Solstad Offshore has turned to the technology group Wärtsilä for collaboration. The agreement aims to identify, evaluate, and implement solutions that will increase fuel efficiency and significantly reduce greenhouse gas (GHG) emissions. Wärtsilä...

Fire fighting equipment both on board and ashore should be correctly positioned and ready for immediate use. Hoses should be in a good condition and properly fitted and rigged so as to prevent...

The shipping industry is wrestling with increased drug smuggling incidents in Brazil as reported by local correspondents Proinde and Brazil P&I. It is alarming that in January 2022, shipping giant MSC and MEDLOG...

Singapore’s unique geographic position means that some 30% of the world’s seaborne cargoes pass through the Straits of Malacca and the city-state. The port’s authorities are also eyeing expansion. Tuas will be developed...

The maritime industry has struggled to do the same with varying levels of success. The recent spate of events has fired up seafarers to question the levels of risk and reward. A growing...

Diana Shipping Inc, a global shipping company, today announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Koch Shipping Pte. Ltd., Singapore, for one of its Newcastlemax...