A tanker carrying Russian crude from sanctioned Rosneft PJSC has been waiting off Mumbai for a week, with its cargo still aboard. Indian re...

Following EU sanctions, shipowners and oil traders are increasingly avoiding Russia-backed Nayara Energy, leading to logistical disruptions...

The conversion of a crude oil tanker to carry clean products enabled Petrobras to ship bigger volumes of diesel from Asia at lower costs, w...

Rates for another class of ships known as long-range tankers also jumped. They can move about 600,000 barrels of oil.

China’s downturn in the housing market has weighed on iron ore, driving freight rates for bulk carriers down 50% from a year earlier.

Buyers are snapping up all available vessels as demand for gas increases with winter approaching, and refraining from releasing any back in...

Indian Maritime University officials exchanged documents with the representatives of various Universities in the presence of Union Minister...

He was previously associated with Shipping Corporation of India for 16 years where he was the Senior Vice President of the Chartering divis...

Essar Shipping operates a diversified fleet of 15 vessels, including very large crude carriers (VLCCs), Capesize, Mini-capesize, Supramaxes...

A plunge in the price of ships as assets, caused by a collapse in global growth just after owners had placed record orders for new vessels,...

Union Shipping Ministry plans to issue notifications on ships which are over 25 years old, its Minister G K Vasan said here today.

Declining freight rates and lack of cargo availability are forcing dry bulk operators to idle their vessels for the time being. Some owners...

Ukraine's Industrial Carriers Inc, Marshall Islands-based company that is headquartered in Odessa, has filed for bankruptcy after it ran up...

Annual global container trade growth has dropped below the double-digit level this year for the first time since 2001.

For many iconic shipbrokers of international repute, India is the next playground. Soon after London-based Clarksons opened shop in New Del...

London-based Clarksons, the world's leading shipping service providers with a dynamic ship-broking heritage are in the process of setting s...

Several oil majors and western traders are looking to charter large tankers from South Korea to the US West Coast, apparently to lift crude...