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Global Shipping Outlook 2026: Shipping rates to fall in 2026, but geopolitics and regulation cloud outlook

MUMBAI: The global shipping industry is entering 2026 firmly as a shipper-driven market, shaped by a widening supply–demand imbalance and easing freight rates, according...

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...

Russia sends navy to guard oil tanker being pursued by US forces

MOSCOW: Russia has reportedly deployed a submarine and other vessels to escort an oil tanker – which is also being pursued by US forces...

INOXAP flags off India’s first LNG-fuelled cryogenic tanker

VADODARA: INOX Air Products (INOXAP), India’s leading industrial, electronic & specialty gas leader, has flagged off India's first LNG-fuelled cryogenic tanker approved by Petroleum...

Iran says foreign tanker carrying smuggled fuel seized in Gulf

LONDON: Iran has seized a foreign oil tanker near the Iranian island of Qeshm in the Gulf, saying it was carrying 4 million litres...

National carrier accelerates fleet renewal after six-year delay

Shipping Corporation Invites Bids for Two Second-Hand Suezmax Oil Tankers. MUMBAI : The Shipping Corporation of India Ltd (SCI) has invited bids to acquire two...

Montfort Maritime buys two Japanese tankers from Maersk

GENEVA: Geneva-based commodity trading and asset investment firm Montfort has revealed a significant investment in second-hand MR tankers. Montfort Maritime, the shipping arm of Montfort,...

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...

Iran releases Marshall Islands-flagged tanker ‘Talara’ and crew

TEHRAN : Iran on Wednesday released a Marshall Islands-flagged tanker 'Talara' with all its 21 crew members aboard days after Tehran seized the...

Iran seizes tanker in Strait of Hormuz, U.S. official says; tensions remain high in region

TEHRAN : Iran seized a Marshall Islands-flagged oil tanker as it travelled through the narrow Strait of Hormuz on Friday (November 14, 2025), a...
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