The Baltic Exchange’s dry bulk index, which tracks rates for vessels transporting dry commodities, was down for a third session on Friday, sliding 6% to its lowest point since February 11 at 2,010 points. Rates declined across all vessel segments amid disruptions to...

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HD Korea Shipbuilding & Offshore Engineering, the intermediate shipbuilding holding company of HD Hyundai, said on the 5th that it signed a construction contract with a shipping company in the Americas for four liquefied natural gas (LNG) carriers. The order is...

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Genco Shipping & Trading Limited, the largest U.S. headquartered drybulk shipowner focused on the global transportation of commodities, today announced that it has taken delivery of the Genco Stars and Stripes, one of two 2020-built 208,000 dwt scrubber-fitted...

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Chinese shipping giant Cosco, which operates one of the world’s biggest oil tanker fleets, announced it was suspending services to and from Gulf countries from Wednesday, including the United Arab Emirates, Bahrain, Saudi Arabia, Iraq and Kuwait. The state-owned,...

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Minato-ku,, OBAYASHI CORPORATION, Kawasaki Heavy Industries, Ltd., and Chiyoda Corporation established the Japan–New Zealand Hydrogen Corridor on March 5. The consortium will study the commercialization of green hydrogen production in New Zealand and export operations...

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Scorpio Tankers Inc. announced that it has entered into agreements to sell three product tankers and time charter-out two product tankers. Vessel Sales The Company has entered into agreements to sell two 2015 built scrubber-fitted MR product tankers, STI Seneca and...

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