The Baltic Exchange’s dry bulk index, which tracks rates for vessels transporting dry commodities, eased for the second session on Thursday, falling 0.2% to 2,117 points, pushed down by the bigger-size segment. The capesize index, which typically transports...

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Inmarsat Maritime, a part of Viasat (NASDAQ: VSAT) Communication Services, has secured a deal with long-term customer Vega Reederei to equip 10 of its new diesel-electric coaster vessels with the cutting-edge NexusWave connectivity service. The agreement also includes...

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Hong Kong has formally complained to the government of Panama after it took control of two ports on the Panama Canal. It accused the Panamanian authorities of taking them over by force. The ports had been run by a Hong Kong-based company, CK Hutchison, for more than...

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Major domestic shipbuilders are actively pursuing robot adoption. HD Hyundai, in particular, is utilizing more than 200 robots for welding, steel plate cutting, and other operations. The company has determined that robots are necessary to manufacture and deliver on...

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Everllence and Vale – one of the world’s leading producers of iron ore, copper and nickel, and one of the largest logistics operators in Brazil – have signed a cooperation agreement regarding the development of ethanol as a marine fuel. Under the terms of the...

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Euroseas Ltd., an owner and operator of container carrier vessels and provider of seaborne transportation for containerized cargoes, reported the following results for the three-month period and full year ended December 31, 2025. Fourth Quarter 2025 Financial...

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