The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, dropped on Monday, dragged down by losses across all vessels. The index, which factors in rates for capesize, panamax and supramax shipping vessels, dropped...

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Iron ore futures rose for a second consecutive session to a one-week high on Tuesday, supported by a weaker dollar and the start of restocking by Chinese steelmakers to maintain production in January. The most-traded January iron ore contract on China’s Dalian...

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Socatra, a leading provider of oil shipping services, and Syroco, the Climate Tech startup that supports the energy transition of maritime transportation, unveiled today performance data obtained from the first months of deployment of Syroco’s travel optimisation...

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On November 5, the liquefied natural gas (LNG) bunkering vessel Kaguya conducted its 100th ship-to-ship supply of LNG fuel. This notable achievement occurred with the refueling of the car carrier Sakura Leader at the port of Mikawa in Aichi Prefecture. Kaguya was...

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Mitsui O.S.K. Lines, Ltd. and The Kansai Electric Power Company, Incorporated announced the signing of a memorandum of understanding (MoU) for the joint study of a liquefied hydrogen carrier. This is the first such agreement in Japan between a shipping company and a...

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