Equinor breaks ground on offshore wind hub at South Brooklyn Marine Terminal
Equinor has begun construction works at the South Brooklyn Marine Terminal (SBMT) in New York, facilitating the rebuilding of the…
Hamburg port services firm orders electric workboat pair
Flotte Hamburg, the marine services provider that serves clients in the Port of Hamburg in Germany, has placed an order…
Singapore authorities respond to oil spill following vessel strike
The Maritime and Port Authority of Singapore (MPA) and other local partners have deployed assets in response to an oil…
Fiji authorities launch probe into patrol boat grounding
The government of Fiji and the Republic of Fiji Navy have begun an investigation into a recent grounding incident involving…
Baltic Index Flat As Gains In Smaller Vessels Offset Weaker Capesize
The Baltic Exchange’s main sea freight index, which tracks rates for ships ferrying dry bulk commodities, was steady on Monday…
Iron ore slides on disappointing China data, dim near-term demand outlook
Iron ore futures prices slid on Monday after a batch of economic data in top consumer China undershot expectations and…
China new home prices fall at fastest clip in nearly 10 years
China’s new home prices fell at the fastest pace in more than 9-1/2 years in May, official data showed on…
South Korea supports shipbuilding industry with $10.75bn worth of newbuilding refund guarantees
Small to mid-size yards the world’s second largest shipbuilding nation expected to benefit from state initiative
MSC sets new Indian scrap price high as it recycles more container ships
Cash buyers and brokers unsure whether MSC Tia II deal has set new benchmark in market still plagued by volatility
Growing box volumes and strikes helping to drive port congestion, says Linerlytica
Malaysia’s Northport said it has received more than 80 ad-hoc calls primarily due to the Red Sea crisis