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Shipping traffic via Strait of Hormuz stays below 10-day average, data showsOn September 23, three commodity vessels transited the Strait of Hormuz, which is lower than recent averages. A LNG tanker, Al Mafyar, was ...
Shipping traffic through Strait of Hormuz falls to single digits, data showsVessel traffic in the Strait of Hormuz dropped significantly on Thursday. Two Panamax ships exited the strait, carrying fertilizer and sail...
Shipping traffic via Strait of Hormuz stays below 10-day average, data showsSix commodity vessels transited the Strait of Hormuz on Tuesday, a decrease from the previous day. Meanwhile, twenty-five commodity vessels...
Gulf shipping traffic via Hormuz below 10-day average, data showsSix commodity vessels transited the Strait of Hormuz on Wednesday. This number was down from eleven the previous day. The daily average for...
Shipping traffic through Strait of Hormuz rises slightly, data showsShipping traffic through the Strait of Hormuz saw a slight increase on Wednesday. This occurred while a geopolitical standoff between the U...
Iran war: Hormuz crossings rise slightly from weekend, remain in single digits, data showsShip crossings via the Strait of Hormuz were low on Monday. Six commodity ships transited the strait, a slight increase from the weekend. N...
Chevron sells oil to Reliance for first time since 2023 as Venezuela readies larger cargoes for exportUS oil giant Chevron has made its first sale of Venezuelan crude oil to India's Reliance Industries. This marks the first time in about six...
Venezuela readies larger oil cargoes for exports, targets IndiaVenezuelan oil exports are set to accelerate. The first Very Large Crude Carriers are now chartered for shipments. This development follows...
Shipping costs soar as war and climate risks upend tradeRates for another class of ships known as long-range tankers also jumped. They can move about 600,000 barrels of oil.
Russia using ship-to-ship diesel transfers for transatlantic exportsA full EU embargo on Russian oil products on Feb. 5 has boosted Russian diesel exports to Asia, Africa and the Middle East, with STS loadin...
The tankers market is looking much better: Anoop Kumar Sharma, Shipping Corporation of India"As far the container segment, that is still under a lot of pressure and so is the offshore. It has seen a bit of rise but not beyond opera...
- Government holds the cards for shipping industry turnaround: Bimco
Without the political responsibility, will and decisiveness, the prospect for a recovery is bleak, says Baltic and International Maritime C...
- Great Eastern Shipping sells a suezmax crude carrier
Mumbai based Great Eastern Shipping Company has just sold its 1989 built suezmax crude carrier 'Jag Lakshya' of about 152,000 dwt. The comp...
- Baltic Exchange's new index to help Indian exim trade
The index will prove to be a very handy tool for importers, exporters and ship owners.
- Pipavav to build world's biggest dry dock
Roughly the size of seven soccer fields, the dock will be bigger than Hyundai’s in South Korea.
- Mercator to buy 3 bulk vessels
Mercator Lines, India’s second-largest private shipping company, is expanding its capacity and is set to acquire three gearless post-Panama...
- Shipping Corp gets govt nod for 12 vessels
Public sector undertaking Shipping Corporation of India on Friday said it has received government's approval for acquiring 12 vessels at a ...
- SCI to place orders for 6 ships in 2 wks
Shipping Corporation of India (SCI), whose plan to acquire 12 ships has been cleared by the government on Monday said it would place in the...
- GE Shipping net up 31%
Great Eastern Shipping Company (GE Shipping) has posted a 31% rise in net profit at Rs 240.9 crore for the quarter ended March 31, 2007.
- G E Shipping sells a Product Tanker
G E Shipping has signed a contract to sell ‘Jag Padma’, the 1982 built, 47803 dead weight tonnage (dwt) ship is expected to be delivered du...