Iron ore extends gains; falls for a third week on China demand woes
Iron ore futures rose for a second straight session on Friday, supported by higher-than-expected hot metal output, although demand concerns…
Baltic index logs weekly gain on higher rates for smaller vessels
The Baltic Exchange’s main sea freight index, which tracks rates for ships ferrying dry bulk commodities, rose for the third…
Evalend bulker abandoned as crew evacuated after Houthis’ fatal attack
Ship becomes second whose crew has been removed since militant group’s attacks began.
Should guards on ships be ready to fire on Houthi sea drones? Some security experts say yes
Drones move more slowly and can be fired upon, and armed security teams can help with reemerged piracy threat
New Fortress Energy tees up its first offshore LNG production
Company’s much delayed Fast LNG unit off Mexico to export initial volumes in July
Norway Fines Shipping Company and Master for Having Heavy Fuel in Svalbard
Norwegian authorities for the first time have fined a shipping company and the master of a cargo vessel for having…
New Safety Warning as Greek Bulker is Abandoned and Drifting in Red Sea
The Greek-owned bulker Tutor has been abandoned with the Filipino crew evacuated two days after the vessel became the first…
Report: Greek Prime Minster Says “Time Has Come” to Restrict Cruise Ships
Greece is reported to be the latest popular tourist destination considering limits or restrictions on the number of cruise visitors…
Project Explores Retrofit for LNG Cargo Ship to Hydrogen-Powered Fuel Cells
Norway is funding another project to explore the potential of converting an LNG-fueled multipurpose cargo ship to operate with fuel…
First Mega Cruise Ship Built for Short Cruises Delivered to Royal Caribbean
Royal Caribbean International took delivery on its second mega cruise ship in 2024 as the brand continues to push the…