Container ship MSC Sky II was continuing its voyage to Djibouti on Tuesday after being hit by a missile a day earlier near Yemen’s port city of Aden, its operator MSC said. MSC Sky II was hit by a missile about 85 miles southeast of Aden and 170 miles east-southeast...

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Singapore and Australia have signed a Memorandum of Understanding (MoU) to formally collaborate on establishing the Singapore-Australia Green and Digital Shipping Corridor (GDSC). The signing of this MoU was welcomed by the Prime Ministers of Singapore and Australia...

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The Baltic Exchange’s dry bulk sea freight snapped a 12-session winning streak on Tuesday, as pressure from lower capesize rates outweighed gains in smaller vessel segments. The overall index, which factors in rates for capesize, panamax and supramax shipping vessels,...

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Asia’s spot cash premium for very low sulphur fuel oil (VLSFO) fell for a fifth consecutive trading day, though refining margins held steady. Offers for VLSFO continued to soften from the previous session, with cash premium sliding to an eight-week low of $1.64 a...

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Carbon emissions produced from seaborne coal exports stayed steady last year despite the impact of the coronavirus on consumption, a study showed on Wednesday, although the sector faces growing environmental scrutiny. Coal is among the biggest commodities transported...

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On March 4, NYK participated in a seminar comparing the three modes of the carbon capture, utilization, and storage (CCUS) value chain. The seminar was hosted by the Global CCS Institute (GCCSI), an international think tank on CCUS, and held at the NS Toranomon...

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