The Baltic Exchange's dry bulk sea freight index extended its winning streak to a fifth consecutive session on Wednesday, buoyed by gains across all vessels, with Capesize segment climbing to an over two-week high.
China's COSCO Shipping Specialised Carriers Group reported operating revenue of CNY14.45 billion ($2.12 billion) for the first half of 2026, up 34.07 per cent from the same period in 2025.
Oil prices rose in a choppy session on Wednesday, as investors monitored talks between Iran and Oman on the Strait of Hormuz and a smaller-than-expected rise in US crude stocks.Brent crude futures were up 48 cents, or 0.54 per cent,…
ClassNK has joined a joint project to objectively verify reductions in fuel consumption and greenhouse gas (GHG) emissions achieved in actual vessel operations through the use of an AI-based autonomous navigation system.
China has deployed two vessels to assist in the search for the missing crewmembers of a commercial ship that sank in the Bay of Bengal off India's eastern coast earlier this month.The two Chinese vessels are now working in conjunction…
Norway's MPC Container Ships (MPCC) has posted its financial results for the three months ended June 30, 2026.During Q2 2026, MPCC posted charter backlog of US$2.2 billion with 99 per cent contract coverage for 2026 and high coverage for 2027…
