P&I Insurer NorthStandard is expanding in Asia with a new office in South Korea.

International Maritime Organization (IMO) Secretary-General Arsenio Dominguez has called for immediate release of the Galaxy Leader and its crew.

South Korean shipbuilder Samsung Heavy Industries (SHI) has won a construction contract for two LPG/ammonia carriers, valued at $235 million.

The US and UK launched further strikes against Houthi sites in Yemen and refuted claims of a successful attack on a US heavy lift vessel.

A total of 4.9 million metric tonnes (mt) of bunker were sold in Panama last year, down 6.4% from the 5.24 million mt recorded in 2022, according to preliminary data released by the Panama Maritime Authority.

As Houthi attacks on shipping extend beyond container ships, an analysis has shown the global bulk trades most reliant on the Suez Canal.

The city is of Shanghai is rapidly developing a pure-electric powered vessel project for river and river-to-sea shipping service.

Japan’s K Line is expanding its fleet dry bulk flee with an order at a Japanese yards for methanol-ready ships.

Chile has become the first country to ratify the UN High Seas Treaty – an ocean conservation agreement.

The VLCC tanker sector has benefited from a very low newbuilding orderbook, however, brokers Poten expect ordering to return in the second half of 2024.