Baltic Dry Index Snaps 7-Day Losing Streak
July 29 (Reuters) – The Baltic Exchange’s main sea freight index rose on Wednesday, after declining for seven consecutive sessions, as rates for
July 29 (Reuters) – The Baltic Exchange’s main sea freight index rose on Wednesday, after declining for seven consecutive sessions, as rates for
Mauritius’ Minister of the Environment Kavi Ramano addressed parliament on the on-going response to the grounding of the MV Wakashio, on a reef off
By Firat Kozok (Bloomberg) — Turkey will hold off on surveying the seabed in an area of the eastern Mediterranean disputed by Greece to give time for
Officials in Australia have banned a Liberian-flagged ship from visiting Australian ports for six months after discovering that the ship’s crew had been
Update: Mauritius Environmental Minister: No Oil Spill from Grounded Wakashio A large bulk carrier has run aground on an Indian Ocean reef off Mauritius. The
DUBAI, July 27 (Reuters) – Global port operator DP World recorded a fall of 8.8% in second quarter container volumes, warning on Monday the outlook
The Unified Command overseeing the wreck removal of the Golden Ray in St. Simons Sound has announced that work will be suspended due to combined impacts of
Dr. Sal Mercogliano provides an update on the USS Bonhomme Richard fire at Naval Base San Diego. The video is a follow-on to his first video covering the
July 24 (Reuters) – Russia’s Novatek announced on Friday it has shipped its first liquefied natural gas (LNG) cargo from the Yamal LNG project to
Press Release – Global lubricants supplier Castrol today highlights the increasingly important role of marine lubricants as the engine room environment
By Javier Blas and Lars Erik Taraldsen (Bloomberg) –In March and April, as oil prices plunged to their lowest in a generation, Norwegian energy giant
Australia has launched a safety campaign targeting cargo securing arrangements on board containerships after spate of recent lost container incidents off the
QUITO, July 23 (Reuters) – Ecuador is monitoring a large fleet of fishing vessels, many of them Chinese, off the Galapagos Islands and has increased
Italian oil services giant Saipem has announced multiple new contract awards related to offshore wind projects currently under development off the coasts of
By Peter Millard (Bloomberg) –Royal Dutch Shell Plc has just drilled a dry hole in Brazil’s premier offshore region, a sign state-controlled Petrobras
I’m telling you right now I’m already a fan of the Seattle Kraken. I don’t care what anyone says. In case you somehow missed it, the name of
The U.S. Department of Defense has awarded a $10 million contract modification to General Dynamics NASSCO for the clean-up and dewatering of the USS Bonhomme
By Mike Wackett (The Loadstar) – Due to continued increased demand, THE Alliance is extending its Asia – North Europe ‘extra loader’ programme with
By Andres Guerra Luz (Bloomberg) –Oil weakened as economies from the U.S. to Asia signaled a deepening demand fallout from the coronavirus pandemic.
In what is a sure sign of the times amid the COVID-19 pandemic, the 1991-built MS Monarch has arrived at a Turkish shipbreaking yard for dismantling. With
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