U.S. Navy Defends Three American Merchant Ships From Houthi Attack
Overnight Monday, the U.S. Navy blocked an attack on three U.S.-flagged ships off the coast of Yemen, continuing the service’s…
Eastern Pacific Shipping Expands Use of Wind Propulsion to a Newbuild
Eastern Pacific Shipping (EPS), one of the largest shipping companies and recognized as an innovator, is expanding its use of…
Dalian iron ore jumps to two-month high on China stimulus vows
Dalian iron ore futures prices surged to their highest in two months on Tuesday after Beijing eased its monetary policy…
China soybean imports slip 9% in Nov but on course for record annual high
China brought in 7.15 million metric tons of soybeans in November, less than expected due to a decrease in Brazillian…
China Nov iron ore imports drop on expectation of weak seasonal demand
China’s iron ore imports in November fell 1.91% from October, customs data showed on Tuesday, as shipments slowed ahead of…
Baltic index hits 15-month low on weaker vessel rates
The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, fell to 15-month…
Greenpeace and Shell Settle Multi-Million-Dollar Lawsuit for Boarding FPSO
The UK’s Royal National Lifeboat Institution (RNLI) is the beneficiary as activist environmental group Greenpeace and oil major Shell agreed…
ONE and Ningbo Zhoushan Use Containerized Power for First Time in China
Ocean Network Express (ONE) and Ningbo Zhoushan Port Group (NZPG) recently completed the first demonstration in China of shore power…
Israel Destroys Entire Syrian Navy at the Pier
Overnight Monday, Israeli forces struck Syrian Navy vessels at Latakia and Tartus, destroying the majority of the country’s fleet. In…