News Flash | Sea and Job

United Maritime Says Alternative Trade Routes Could Emerge

United Maritime Corporation, announced its financial results for the fourth quarter and twelve months ended December 31, 2024. The Company also declared a quarterly dividend of $0.01 per common share for the fourth quarter of 2024. For the quarter ended December 31,...

Red Sea insurance rates to stay firm as US airstrikes raise fears for ships

The cost of shipping goods through the Red Sea is expected to remain firm after the United States carried out further airstrikes on Yemen on Monday, adding to fears of new attacks on ships by the Iran-aligned Houthis targeted by Washington, industry sources said....

Dry bulk likely first shipping victim of turbulent tariffs landscape

The shipping industry faces mounting pressure as the US, China, Canada, and the EU engage in reciprocal tariff measures, with dry bulk carriers likely to be the first sector impacted as markets grapple with volatility. The prevailing sentiment appears to be...

Baltic Index Down on Lower Capesize Rates

The Baltic Exchange’s dry bulk sea freight index, which monitors rates for vessels moving dry bulk commodities, eased on Tuesday for the second straight session on lower capesize rates. The main index, which factors in rates for capesize, panamax and supramax shipping...

Iran to expand shipping routes to West and Southwest Africa

Iran plans to expand its shipping routes to West and Southwest Africa following a decision by the African Affairs Task Force, chaired by the first vice president, a senior trade official said. According to the Trade Promotion Organization of Iran (TPO), Mohammadreza...

“K” LINE’s UK Subsidiary to Be Reorganized and Renamed

“K” LINE LNG SHIPPING (UK) LIMITED, a London-based corporation wholly owned by Kawasaki Kisen Kaisha, Ltd. (“K” LINE), will be renamed “K” LINE ENERGY SHIPPING (UK) LIMITED (KLES) on April 1, 2025. At the same time, the Carbon Neutral Development Group of “K” LINE...

United Maritime Says Alternative Trade Routes Could Emerge

Red Sea insurance rates to stay firm as US airstrikes raise fears for ships

Dry bulk likely first shipping victim of turbulent tariffs landscape

Baltic Index Down on Lower Capesize Rates

Iran to expand shipping routes to West and Southwest Africa

“K” LINE’s UK Subsidiary to Be Reorganized and Renamed

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