U-Ming orders four LNG-ready ultramax bulk carriers at Chinese shipyard
The Taiwanese shipping company has now booked eight 64,000-dwt bulk carriers at the Yangzhou-based shipyard in two years
China Protests Taiwanese Leader’s Remarks With Mass Naval Drill
On Monday, the Chinese military launched a massive one-day drill off the coast of Taiwan, demonstrating its displeasure with recent…
Divers Raise the White Ensign Over Wreck of WWII Destroyer HMS Exmouth
The iconic Royal Navy flag will now fly on the wreckage of a World War II warship at its resting…
Rising Tide
For all its innovation, there is still one area where the shipping industry clings to the past. Paper. Paper logs.…
Lloyd’s: A Geopolitical Conflict Could Cost Global Trade $50 Trillion
Shipping interests have grown used to serious geopolitical disruption over the past few years, from the invasion of Ukraine and…
China’s September coal imports hit record high
China’s coal imports reached a monthly record high in September, customs data showed on Monday, as international coal prices declined.…
Iron ore futures advance as fresh Beijing stimulus hopes lift steel market outlook
Iron ore futures climbed on Monday as renewed prospectsof further fiscal stimulus from China following a key government briefing lifted…
Baltic index extends gains as capesize rates rise
The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commodities, rose for a second…