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The Baltic Exchange’s dry bulk freight index, which tracks rates for ships carrying dry bulk commodities, advanced for a third session on Friday, rising marginally by 0.1% to its highest since October 13 at 2,714 points. The capesize index, which typically transports 150,000-ton cargoes, including iron ore and coal, also increased for the third day, ...
We haven't written up this one. Hellenic Shipping News has the full story — the link below goes straight to it.
Seven Cable Systems Run Through the Corridor The waters off Oman’s Batinah coast carry one of the densest concentrations of undersea cables in the region.
A 41 MWh battery ferry entered service and a 151 MWh container ship design won approval this week, but the harder part is getting enough power to the quay.
Meta has been given a negative outlook by S&P Global Ratings due to the company's hefty capital expenditures and concerns about free cash flow.
A strong VLCC market this year is boosting Suezmax Tanker demand. Suezmax sales activity has picked up considerably in recent months, with sales so far this year up 35%, reaching 124 sales compared to…
In September we borrowed a Led Zeppelin title to describe China’s crude stockpile, a levee holding backthe import shortfall created by the closure of Hormuz.
Tanker ordering activity has been leading the latest surge of contracting, despite high prices, Banchero Costa said in a new research report focused on newbuilding.