Covid 19 News


India Allows Four Iranian Oil Tankers to Berth

Apr 10, 2026

India's shipping ministry has granted special permission to four vessels carrying Iranian oil - as requested by Reliance Industries - to berth at the western Indian port of Sikka, three industry sources said.India's oil ministry, shipping ministry…

Tanker Vessel Futures Fly High on Demand

Apr 09, 2026

'By the end of the first quarter of 2026, the global shipping order book hit a 17-year high, reaching 191m Compensated Gross Tonnes (CGT). This is equivalent to 17% of the global fleet, the highest ratio since 2011. The order book has been boosted…

Australia’s Port of Newcastle Sets Diversified Trade Record

Apr 01, 2026

The Australian Port of Newcastle has delivered its strongest diversified trade performance on record, with more than 11.12 million tonnes of non-coal cargo passing through the Port in 2025.This surpasses the previous record of 10.13 million tonnes set in 2021…

ICS, ITF Meet with Gulf State Representatives on Seafarer, Shipping Crisis

Mar 31, 2026

The International Chamber of Shipping (ICS) and the International Transport Workers’ Federation (ITF) have met representatives from Gulf States to address the ongoing conflict and its direct impact on seafarers and shipping in the Gulf.The meeting…

EU Doesn’t See Risks to Oil and Gas Supply Yet

Mar 15, 2026

In separate ad hoc meetings of the Gas Coordination Group and the Oil Coordination Group held on March 12, the Commission and EU countries assessed the situation concerning the EU’s gas and oil security of supply in view of the continued disruptions in the Middle East…

Sonangol Looks to Secure $4.8b Loan From China for Sea Port Refinery

Feb 25, 2026

Angola's state oil company Sonangol is talking to Chinese financial institutions to secure a $4.8 billion loan to partly finance the construction of a new refinery in the Atlantic sea port of Lobito, it said on Wednesday.The financing, if completed…

US Diesel Exports Hit High as Europe Strengthens Sanctions Against Russian Oil

Feb 23, 2026

U.S. diesel exports to Europe hit an all‑time high in January after the continent strengthened its ban on imports of Russian-derived fuel, and as discounted Russian diesel displaced U.S. fuel in Brazil, data showed and analysts said.The developments show how Western sanctions…

Organizations Release Joint Support Statement on Maritime Labour Convention 20th Anniversary

Feb 23, 2026

On behalf of the International Labour Organization, the International Chamber of Shipping, and International Transport Workers’ Federation:On the 20th anniversary of the Maritime Labour Convention, 2006, we jointly reaffirm our commitment to…

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