The Baltic Exchange’s main sea freight index, which tracks rates for ships ferrying dry bulk commodities, hit more than a one-month high on Monday on the back of higher capesize rates. The index, which factors in rates for capesize, panamax and supramax shipping...

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The global shipping industry still faces significant challenges in decarbonization, where China can play a critical role, said industry experts and company executives. Decarbonizing the global shipping industry is challenging, while China’s role in this transformation...

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South Korea’s shipbuilders, bolstered by extensive orderbooks, are set to prioritize high-value-added contracts in 2025 to improve profitability, with optimism for new orders remaining strong. Expectations are particularly high for liquefied natural gas (LNG) carriers...

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