The Baltic exchanges main sea freight index fell on Wednesday as capesize rates dipped to a two-week low. The Baltic dry index, which tracks rates for capesize, panamax and supramax vessels ferrying dry bulk commodities, fell 115 points, or

Operations along the Colonial Pipeline were halted on Friday following a ransomware cyberattack. The pipeline, which carries about 2.5mbpd of refined petroleum products from Houston to New York Harbor, accounts for about 45% of the US Atlant

Commissioned by our entrusting party, Guangzhou Shipping ExchangeCo., Ltd. (GSE) and Shanghai Shipping Exchange determines to organize an online bidding for a DWT 11,224 general cargo ship named BLUE EMPEROR 1. The announcement is stated as

On May 10, 10 4600TEU container ships of ZhongGu Logistics undertaken by Yangzijiang Shipbuilding Group started construction, and they are expected to be delivered in 2022-2023. Designed by SDARI, a subsidiary of CSSC, the ship has a total

The Baltic exchanges main sea freight index extended gains for a second straight session on Tuesday, helped by firmer rates for the panamax and supramax segments. The Baltic dry index, which tracks rates for capesize, panamax and supramax v

China has indefinitely suspended the China-Australia Strategic Economic Dialogue, a largely symbolic yet important action which underscores the state of Sino-Australian relations. This now confirms Chinas stance on Australian coal imports ov

A new series of Polish Navy tugs has been installed with Evacs marine growth prevention systems to ensure engine cooling system efficiency and reduce maintenance costs throughout their operational lives. Evac has supplied marine growth prev

StormGeo , the leader in weather intelligence, ship routing and fleet performance management solutions, announced today it has increased its partnership with Ocean Network Express (ONE) , the sixth largest container carrier in the world. Th

Numbers man Kia Zadegan brings stellar experience to the finance chair at fast-growing Norwegian aquaculture venture Norcod (NCOD.OL) as it gears up for its first commercial harvest of high-quality farmed cod this summer. Im really thrilled

In the first four months of 2021, the amount of oil product tanker capacity that has been sent for demolition has already reached the total amount of demolished capacity in each of 2019 and 2020 due to unfavourable freight rates. If that pa

Boating Industry recently announced winners of the 2021 Top Product Awards, including the innovative Galeon 410 HTC Yacht . Galeon Brand Manager Bob Burke comments, Were honored to receive the prestigious 2021 Top Product award from Boating

The 210,000 dwt bulk carrier SHANDONG SOAR, built by Qingdao Beihai Shipbuilding Heavy Industry, was successfully delivered on May 10. The vessel was built for China Shipbuilding Trading, and chartered by Shandong Shipping. It has a total l

Its probably the best BWT system in the world. Optimarin EVP Tore Andersen doesnt mince his words. The former CEO and current sales head of the global BWT pioneer is bullish about his firms simple, flexible and market proven system. The ori

Chinas ferrous prices took off on Monday, with benchmark iron ore and steel futures hitting all-time highs amid robust demand and supply concerns, as expectations of rising inflation rates also fuelled speculative buying. Capacity utilisati

The Baltic exchanges main sea freight index rose on Monday, buoyed by an uptick in rates for all vessel segments. The Baltic dry index .BADI , which tracks rates for capesize, panamax and supramax vessels ferrying dry bulk commodities, rose