Dry Bulk Newbuilding Orders Hit 30-Year Low Amid Market Uncertainty
Dry bulk vessel orders have collapsed to their lowest level in three decades, with newbuilding contracting plummeting 92% year-over-year in the first two
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Dry bulk vessel orders have collapsed to their lowest level in three decades, with newbuilding contracting plummeting 92% year-over-year in the first two
The Baltic Exchange's dry bulk sea freight index, which monitors rates for vessels moving dry bulk commodities, hit a 17-week peak on Friday and posted a
China's Hong Kong and Macau Affairs Office (HKMAO) reposted a commentary criticizing CK Hutchison's port deal with U.S. firm BlackRock as a betrayal of
The Port of Vancouver in British Columbia, Canada, saw booming liquid bulk exports in 2024, with volumes skyrocketing 203% to reach 17.1 million metric tonnes
Uncertainty surrounding the International Maritime Organization’s (IMO) proposed carbon levy is creating significant hesitation in shipping industry
Shell Plc said it delivered record volumes of liquefied natural gas to power ships last year, boosting the use of a fuel that’s become crucial to the energy
The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has announced a new round of sanctions targeting Iran’s petroleum
New video footage has emerged showing the crucial moments leading up to the collision between the containership SOLONG and the tanker STENA IMMACULATE off
REGENT Craft has achieved a significant milestone in maritime transportation with the unveiling of its first full-scale seaglider prototype, marking a pivotal
International container shipping company ZIM (NYSE: ZIM) has reported a remarkable recovery in 2024, posting a net income of $2.15 billion, marking a
Canada announced new 25% tariffs on about C$30 billion ($20.8 billion) of US-made products, including steel and aluminum, after the Trump administration went
Ukraine may import large volumes of U.S. gas this year via terminals in Germany, Greece, Lithuania and Poland, its state gas operator said, as Kyiv struggles
The Maritime and Coastguard Agency (MCA) reports significant progress in stabilizing two vessels involved in a serious collision off England’s East
Yemen’s Houthi forces have declared an immediate ban on Israeli ships in the Red Sea, Arabian Sea, Bab al-Mandab Strait, and Gulf of Aden, threatening to
Triton International Limited, the world’s largest lessor of intermodal freight containers, announced yesterday an agreement to acquire Global Container
Hanseatic Global Terminals (HGT), the terminal operating subsidiary of ocean carrier Hapag-Lloyd, has acquired a 60% stake in CNMP LH, which operates the
US sanctions on Russia’s oil tanker fleet are showing signs of faltering, after a clutch of blacklisted vessels loaded cargoes for the first time in more
U.S. President Donald Trump's bulked-up tariffs on steel and aluminum due to launch within hours will hit nearly $150 billion worth of derivative products
Chinese retaliation to US tariffs will hit the “low-margin” agricultural sector the hardest, and White House officials haven’t grasped the full impact,
Russia’s first home-built Arc6 ice-class oil tanker continues its voyage from the Zvezda shipyard in the Far East to its service area in the Arctic. After a
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