Japan’s Mitsui O.S.K. Lines, Norway’s Yara and Singapore’s Global Centre for Maritime Decarbonisation said they had jointly completed an ammonia cargo transfer operation in Australia that will pave the way for ammonia bunkering in the region. Ammonia is one of several...

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The cost of insuring a ship through the Red Sea has more than doubled since the start of September and some underwriters are pausing cover as the risk of attack from Yemen’s Houthis on commercial vessels increases, industry sources said. The Iran-backed Houthis first...

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Products that we depend on and use every day arrive by way of massive container ships to ports around the world. But the maritime shipping industry is also responsible for polluting the air and oceans with sulfur dioxide, which can negatively affect human health,...

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Clean LR2 LR’s in the MEG showed the optimistic beginnings of freight improvement this week after a somewhat lengthy lull. TC1 added 10.84 to its value points leaving the index currently at WS140.28 with the Baltic TCE for the run crept up to a few hundred dollars shy...

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Rates for shipping containers from Asia to the US fell again this week, but carriers are warning customers that they will stop accepting export bookings from unionized US Gulf and East Coast ports ahead of a looming 1 October strike deadline. Earlier this week the...

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