News Flash | Sea and Job

Suspected attacks by Houthi rebels in Yemen target a ship in the Red Sea and Gulf of Aden

DUBAI, United Arab Emirates — Suspected attacks by Yemen’s Houthi rebels targeted a Panama-flagged bulk carrier traveling through the Red Sea and Gulf of Aden, though no damage or injuries were reported, authorities said Monday. The attacks come as the...

Asia Fuel Oil-Spot benchmarks soften as influx of supply weighs

Spot fuel oil benchmarks eased on Tuesday as ample incoming supplies weighed on sentiment. Singapore’s cash premium for very low sulphur fuel oil (VLSFO) continued to fall after hitting a six-week low, with the product trading softer at $5 a metric ton for December...

EuroDry Ltd. Reports Net Loss of $5.2 Million

EuroDry Ltd., an owner and operator of drybulk vessels and provider of seaborne transportation for drybulk cargoes, announced today its results for the three and nine-month periods ended September 30, 2024. Total net revenues for the quarter of $14.7 million. Net loss...

Green corridors grow by 40% worldwide, but face a “feasibility wall”, says Global Maritime Forum report

Green shipping corridors – specific trade routes where the feasibility of zero-emission shipping is catalysed by public and private action – have rapidly expanded in popularity worldwide, but progress could stall without urgent action from governments to overcome a...

Baltic index declines for second day on weak demand across vessels

The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, fell for a second straight session on Tuesday, pressured by weak demand across all vessel segments. The index, which factors in rates for capesize, panamax...

No Wires Needed! Quick and Safe Docking with Automated Mooring for Autonomous Ships – KIMM develops automated mooring technology for autonomous ships

The Korea Institute of Machinery & Materials (KIMM) has successfully developed an advanced automated mooring system aimed at enhancing the safety and efficiency of docking operations for autonomous vessels. Designed to overcome the limitations of conventional...

Suspected attacks by Houthi rebels in Yemen target a ship in the Red Sea and Gulf of Aden

Asia Fuel Oil-Spot benchmarks soften as influx of supply weighs

EuroDry Ltd. Reports Net Loss of $5.2 Million

Green corridors grow by 40% worldwide, but face a “feasibility wall”, says Global Maritime Forum report

Baltic index declines for second day on weak demand across vessels

No Wires Needed! Quick and Safe Docking with Automated Mooring for Autonomous Ships – KIMM develops automated mooring technology for autonomous ships

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