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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The return of higher claim volumes during 2024, increased exposure to larger claims, and continuing supply chain volatility have persuaded NorthStandard to adopt a precautionary 5% general increase in its 2025-26 premiums. The announcement comes as NorthStandard...

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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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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...

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