A private yacht with three Russians and two Egyptians on board has been reported missing in the Red Sea near the coast of Yemen for several days by its owner and the Russian embassy in Saudi Arabia.It was not immediately clear what had happened…

Ukraine has shipped significantly more grain over the last several months than originally expected, especially corn, easing worries that were prominent last year over the country’s export program.But Russia now claims it will not support the…

HGK Shipping and the Port of Rotterdam signed a long-term cooperation agreement to promote sustainable concepts for inland waterway services leading to and from seaports. The document primarily focuses on the energy revolution and logistics…

A new ammonia floating storage regasification unit (FSRU), the first of its kind in Korea, has been awarded approval in principle (AIP) from Lloyd’s Register (LR), the classification society announced Tuesday.Developed by HD Hyundai Heavy Industries…