The armed group who seized a tanker off the coast of the United Arab Emirates (UAE) has left the targeted ship, the British navy reported. The United Kingdom Maritime Trade Operations revealed that...

Diana Shipping Inc., in their press release, has reported a net income of $2.8 million and net income attributed to common stockholders of $1.4 million for the second quarter of 2021. This compares to a...

Transocean reduced its quarterly losses despite lower revenues. It is encouraged by the current upcycle in the offshore drilling market, expecting rig utilisation and day rates to improve moving into the next year. According...

BIMCO has issued the step by step guidance on how users can generate their own BIMCO Shipping KPI Benchmarking by using the Chart Context Menu function. Under the newly implemented ranking concept users can only...

Western Europe and China’s Henan province — a key transport hub and home to several major businesses — are grappling with the aftermath of devastating floods. The disasters have damaged railways used for...

DHL Express has shown shipping the possibilities of going electric.  The German express giant announced it has become the first company in the world to order 12 fully electric Alice eCargo planes from...

the first hybrid electric cruise icebreaker with LNG propulsion was delivered the ship includes all the latest ‘green’ technologies, such as 100% waste sorted on board and waste treatment Le Commandant Charcot, a hybrid...

Indian Oil is looking to double its capacity booking at LNG import terminals. It aims to raise its share in India’s regasified LNG market. India’s top state oil refiner Indian Oil is looking to...

Japan’s Itochu joins forces on Canadian ammonia output Japan is aiming to develop ammonia supply chains for the country's energy security Japanese trading house Itochu plans to help produce and sell ammonia from gas in...

Pakistan set for near record fuel oil imports Fujairah 0.5% bunker fuel prices up 6% since June Oil product stockpiles at the UAE's port of Fujairah have fallen to a four-month low, led by...