December 29, 2025
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Indian Govt. plans to spend $10 billion on homebuilt oil tanker fleet

May 21, 2025 Import, Maritime, Shipping, Tanker, Trending News
NEW DELHI : Indian Government is planning to spend 850 billion rupees ($10 billion) to purchase 112 crude carriers through 2040, people familiar with the matter said, as the world’s third-biggest importer of oil

The University of Tokyo and 16 Organisations announce launch of Joint Research Initiative to achieve…

May 20, 2025 Education, Fuel, International Shipping, Maritime, Ship Building, Tanker, Trending News
TOKYO : ClassNK and 16 organisations—The University of Tokyo, IHI Plant Services Corporation, INPEX CORPORATION, ENEOS Xplora Inc., Kanadevia Corporation, Kawasaki Heavy Industries, Ltd., Kobe Steel, Ltd., JFE Engineering Corporation, JFE Steel Corporation, JERA

SHIPPING: Asia-US container rates flat to higher as capacity reduction offers support

May 12, 2025 Container, Export - Import, International Shipping, Shipping, Shipping Line, Tanker, Trade, Trending News
LONDON : Rates for shipping containers were stable to higher this week as carriers have reduced capacity by 4-5% along the trade route amid efforts to stop the slide in prices, but capacity could

Shipping data: UNCTAD releases new seaborne trade statistics

April 25, 2025 Cargo, Container, Global Trade, International Shipping, Maritime, Oil Refinery, Sea Cargo, Shipping, Shipping Line, Tanker, Trending News
GENEVA : Maritime transport moves over 80% of goods traded worldwide. Country-level seaborne trade data is vital for shaping better transport, trade and investment policies. UN Trade and Development (UNCTAD) on 15 April released

Wisestella’s AI-Powered Behavioural Competency Tool helps Tanker Company secure landmark Chart…

April 23, 2025 Cargo, International Shipping, Maritime, Shipchartering, Shipping Line, Tanker, Technology, Trending News
SINGAPORE : Wisestella, a leading provider of AI-powered maritime learning solutions to the tanker fleet, has announced that its technology has played a pivotal role in helping a globally trading tanker operator secure a

SHIPPING: China cargo bookings expected to plunge as US trade war intensifies

April 18, 2025 Container, Foreign Ports, International Shipping, Shipping Line, Tanker, Trade, Trending News
HONG KONG : Container throughput from China’s main ports fell by 6.1% over the past week and cargo bookings over the next three weeks are projected to be down by 30-60% in China and

Caribe Tankers to trial Inmarsat NexusWave for connected certainty and enhanced crew welfare

April 16, 2025 International Shipping, Maritime, Seafarers, Shipping Line, Tanker, Technology, Trending News
LONDON : Inmarsat Maritime, a Viasat company, has announced Caribe Tankers USA, Inc (CTU) will trial Inmarsat’s fully managed bonded connectivity service, NexusWave, on board the chemical tankers Caribe Maria and Caribe Luna: as the US-based company seeks

Russian captain involved in US tanker crash appears in UK court

March 17, 2025 Container, Foreign Ports, International Shipping, Maritime, Tanker, Trending News
LONDON : The captain of a container ship that crashed into a U.S. tanker in the last week off Britain’s east coast appeared in an English court on Saturday charged with gross negligence manslaughter.

UK tanker crash aftermath ‘reasonably contained’: British PM

March 17, 2025 Foreign Ports, International Shipping, Maritime, Tanker, Trending News
LONDON : The aftermath of a tanker crash off the English coast earlier this week is “reasonably contained”, British Prime Minister Keir Starmer has said as fears of an environmental disaster eased and focus

Asia-US container rates fall on rising capacity; liquid tanker rates mixed

March 11, 2025 Container, International Shipping, Shipping Line, Tanker, Trade, Trending News
LONDON : Shipping container rates from Asia to both US coasts fell again this week as capacity has grown and as volumes have fallen after frontloading to beat tariffs, and liquid tanker rates rose
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