The Korean shipbuilding industry’s order share plunged amid a strong showing by rival China in April. According to Clarkson Research, a U.K.-based shipbuilding and shipping market analyst, Korea’s ship order intake in April…
China’s iron ore imports are likely to climb to an all-time high this year, helped by shipments from India and Ukraine, as well as resilient demand in the world’s biggest consumer of the…
The Baltic Exchange’s main sea freight index marked its best week in more than two months on Friday, despite a daily decline attributed to weakness in capesize vessel segment. The overall index, which…
Brazilian energy major Petrobras has loaded diesel from India on board a Suezmax crude oil tanker after a month-long delay, according to shiptracking data and trade sources, the first such shipment from India…
A.P. Moller-Maersk says that based on progress made in the Port of Baltimore collapsed bridge clean-up, it may be able to set a timeline on returning to the port in the next week…
The Baltic Exchange’s dry bulk sea freight index extended its rally on Tuesday to hit its highest in more than six weeks, supported by a jump in the large vessel segment. The overall…
The high frequency of mooring operations and a high level of human involvement have resulted in multiple safety incidents related to mooring over recent years. The International Group of P&I Clubs reported…
The evolving Environmental, Social, and Governance (ESG) agenda is not merely a prerequisite for operating in the dry bulk shipping industry of the 21st century; it is a roadmap for thriving amidst challenges…
The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, was mostly unchanged on Tuesday as gains in capesize countered weakness in smaller vessel segments. The overall index,…
Shipping emissions have surged as a result of the Middle East conflict, propelling Xeneta’s Carbon Emissions Index (CEI) to a new record. The freight analytics consultancy has revealed that its CEI, which measures emissions per…