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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...

‘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...

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...

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,...

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...

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,...

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...

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...

23 Indian crew rescued after LPG Carrier catches fire off Yemen coast ; 2 still missing

YEMEN : 23 Indian crew members onboard MV Falcon, which caught fire and was adrift off the Yemen coast following an explosion, have been...

Tanker freight rates for Russian crude to India climb on higher seaborne exports, sources say

LONDON: Tanker freight rates for shipping Urals crude from Russia’s western ports to India rose further in late September and early October, tracking a...
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