Six 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 the Strait of Hormuz saw a slight increase on Wednesday. This occurred while a geopolitical standoff between the U...

Ship crossings via the Strait of Hormuz were low on Monday. Six commodity ships transited the strait, a slight increase from the weekend. N...

US 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...

Venezuelan oil exports are set to accelerate. The first Very Large Crude Carriers are now chartered for shipments. This development follows...

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

A 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...

"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...

Without the political responsibility, will and decisiveness, the prospect for a recovery is bleak, says Baltic and International Maritime C...

Mumbai based Great Eastern Shipping Company has just sold its 1989 built suezmax crude carrier 'Jag Lakshya' of about 152,000 dwt. The comp...

The index will prove to be a very handy tool for importers, exporters and ship owners.

Roughly the size of seven soccer fields, the dock will be bigger than Hyundai’s in South Korea.

Mercator Lines, India’s second-largest private shipping company, is expanding its capacity and is set to acquire three gearless post-Panama...

Public sector undertaking Shipping Corporation of India on Friday said it has received government's approval for acquiring 12 vessels at a ...

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...

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 has signed a contract to sell ‘Jag Padma’, the 1982 built, 47803 dead weight tonnage (dwt) ship is expected to be delivered du...