The Philippine crew of a vessel attacked by Yemen’s Houthi militants was repatriated to the Philippines from Bahrain on Monday, with the ship’s captain vowing to return to the seas after the crew had recovered from the experience. Iran-aligned Houthis claimed...

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As the war between Russia and Ukraine drags on, South Korean companies are increasingly grappling with the extended “Russia risk.” Industry sources reported on June. 17., that contracts between Korean shipbuilders and Russian shipowners have been canceled one after...

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The Baltic Exchange’s main sea freight index, which tracks rates for ships ferrying dry bulk commodities, was steady on Monday as gains in the Panamax and Supramax segments offset a decline in Capesize rates. The overall index, which factors in rates for capesize,...

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GP General Procurement Company Limited (GENPRO) was delighted to welcome trade and logistics expert Dr. Jan Hoffmann as its keynote speaker at the company’s breakfast networking event in Athens during the Posidonia week to discuss key challenges in shipping and trade....

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Iron ore futures rose for a second straight session on Friday, supported by higher-than-expected hot metal output, although demand concerns and high portside stocks in top consumer China pushed prices down for a third straight week. The most-traded September iron ore...

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