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Reliance books supertanker at record freight price to lift Iraqi crude

NEW DELHI: Reliance Industries, has paid a record $23 million to $25 million to charter ‌a supertanker to lift Iraqi crude, pointing to a...

Carbon cost “reimbursement right” in shipping’s EU ETS is largely unenforceable, new study finds

Research is a warning to owners, managers and charterers that the statutory right to pass on carbon costs cannot be relied upon — commercial...

Centre waives Coastal Shipping Licence for Foreign Vessels Chartered by GIFT City IFSC Units

NEW DELHI: The Central Government has given major relief to the units established in the International Financial Services Centre (IFSC) at Gujarat International Finance...

Shipping Technology launches ST Brain Lite: plug-and-play digitisation for chartered inland vessels

ROTTERDAM: Shipping Technology, the Rotterdam-based inland shipping technology company, is launching ST Brain Lite – a compact, easy-to-install onboard intelligence unit that brings real-time...

BIMCO India Forum to Convene Shipping Leaders in Ahmedabad

AHMEDABAD: BIMCO will host the BIMCO India Forum, an exclusive high-level roundtable, in Ahmedabad today at the Grand Mercure Ahmedabad GIFT City, coinciding with...

Middle East Conflict: Straits of Hormuz Transits remain 95% Down

LONDON: Clarksons Research, the data and analytics arm of the Clarksons Group have been closely monitoring shipping activity and markets impacted by the conflict....

Lloyd’s Register enhances CAP thickness analysis to improve confidence in tanker structural assessments

LONDON: Lloyd’s Register (LR) has introduced significant enhancements to its Condition Assessment Programme (CAP) Thickness Measurement Analysis process, designed to improve consistency, transparency and...

OrbitMI expands Global Presence with New Office in Tokyo and Appointment of Kazuo Yamashita as Business Development Partner for Japan

TOKYO: OrbitMI, a leading provider of maritime SaaS and a voyage optimization platform used by shipowners and operators worldwide, announced the opening of a...

Nauticworx opens its doors to charterers worldwide – at no cost

ROTTERDAM: Nauticworx, the pioneering digital platform for offshore workboat chartering, announces major updates. Incorporating feedback from the market since its inception in September 2024,...

Shipowners facing port crackdown on BWTS compliance

LUNEL (FRANCE): BIO-UV Group is advising shipowners to ready themselves for extensive Port State Control inspections after a Concentrated Inspection Campaign (CIC) on Ballast...
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