INTERTANKO and OCIMF have issued the following joint statement
LONDON: INTERTANKO (the International Association of Independent Tanker Owners) and Oil Companies International Marine Forum (OCIMF) have issued the following joint statement: “As we monitor the evolving situation across the Middle East and its
‘Strait of Hormuz must not be allowed to shut down’ says Safesea Group Chairman Dr S.V. Anchan
MUMBAI: Amid escalating tensions in West Asia in the wake of US-Israel strikes against Iran, a leading Indian-American maritime executive has voiced concern over the impact on the crucial oil artery of the Strait
AVG Logistics launches Rail-Based Liquid Logistics Venture to boost Safe Chemical Transportation
NEW DELHI: AVG Logistics Limited has announced the inauguration of a new and strategically important business vertical in line with its commitment to innovation and environmental stewardship- The launch of transportation of liquid logistics
Ship rates spiking 467% marks upended trade across commodities
LONDON: Rates to ship commodities from energy to bulk ores across the world’s oceans are heading for a rare year-end surge as conflicts, sanctions, and swelling output upend global supply lines. Daily earnings to
Two ships of Russia’s sanctioned shadow fleet caught fire in the Black Sea off Türkiye
LONDON: Two sanctioned oil tankers, the Kairos and the Virat, have caught fire in the Black Sea a few dozen nautical miles off the Turkish coast. Their crews are safe as the causes of
Geopolitical Uncertainties dominate at TMS Tanker Shipping Conference 2025
DUBAI: The Maritime Standard recently held its most successful Tanker Conference yet, as over 400 delegates registered to attend in person at the Atlantis, the Palm, Dubai recently. The tenth conference in this series,
OCIMF launches Focused Inspection Campaign on ship hardening to strengthen onboard security defences
LONDON: Oil Companies International Marine Forum (OCIMF) has launched a Focused Inspection Campaign (FIC) under its SIRE 2.0 tanker inspection programme aimed at reinforcing maritime security readiness across the global tanker fleet. The initiative
Urals freight rates to India accelerate in October amid high exports, tighter sanctions, sources say
LONDON: Freight rates for shipping Urals crude from Russia’s western ports to India rose sharply in October, driven by strong export volumes and mounting sanctions pressure, industry sources told Reuters. U.S. President Donald Trump