Higher Rates For Bigger Vessels Perk Up Baltic Index
The Baltic Exchange's main sea freight index, which tracks rates for ships carrying dry bulk commodities, rose for the fifth straight day on Wednesday, as
The Baltic Exchange's main sea freight index, which tracks rates for ships carrying dry bulk commodities, rose for the fifth straight day on Wednesday, as
MAIB report on the investigation into the structural failure and foundering of the general cargo ship Swanland in the Irish Sea with the loss of six crew on 27
The M/V Asian Express, a Maldives-flagged general cargo ship, had suffered an engine failure and was adrift for two days in heavy weather about 200 miles west
Incat Crowther and Marine Engineering Consultants (MEC) have started on the construction of a 24m long-range catamaran patrol vessel that will work to protect
Maersk Oil on Wednesday said it has been offered at 20% interest in a new oil license (PL710) from Norway in the arctic Barents
Troubled Athens-based shipping company Excel Maritime (EXM) revealed in yesterday’s press release one of industry’s worst kept secrets: The
After two days trapped in freezing cold water and breathing from an air bubble in an upturned tugboat 30 meters below the surface, Harrison Okene was sure he
The U.S. Energy Information Administration said on Tuesday it expects greater losses in Gulf of Mexico oil and natural gas production from tropical storms than
South Korean container shippers are joining a wave of their international peers in giving up on Iranian business ahead of new U.S. sanctions in July, adding to
The International Chamber of Shipping (ICS) has published new guidance for shipowners on how shipping companies and crews can implement an effective
Norway's leading private equity fund has entered into agreements to acquire Umoe Schat-Harding AS and Noreq AS, creating the world's leading supplier of
Drybulk shipper Excel Maritime Carriers Ltd intends to file for Chapter 11 bankruptcy making it the latest victim of a downturn in the shipping
The president of a Louisiana towing company is facing up to five years in prison after pleading guilty to using his personal and business accounts to fund
Spot rates to ship liquefied natural gas will be unprofitable in the next two years as shorter voyages curb demand and new vessels join the fleet, according to
The surplus of tankers competing to ship 2 million-barrel oil cargoes from ports in the Persian Gulf expanded for a second
This week marks the second episode of gCaptain Radio, a weekly talk show discussion with gCaptain founder John Konrad and radio host Jeff Eckles. gCaptain
New Orleans-based Harvey Gulf International has secured plans to construct and operate the United States’ first LNG marine fueling facility out of Port
Ten crew members were rescued from a new Indian-flagged cargo ship following a maiden voyage engine failure that left the vessel stuck off the Konkan coast in
Ensco said Monday that it has placed an order Samsung Heavy Industries for its eighth advanced-capability DP3 ultra-deepwater drillship for approximately $625
A Kenyan court sentenced nine Somali citizens each to five years in prison on Monday after finding them guilty of violently hijacking a vessel, MV Magellan
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