Baltic Index Rallies to 12-Year High on Gains Across Vessels
Broad sell-off in bulk shipping stocks even as Baltic Dry Index hits 12-year high. GNK -11%, GOGL -13%, DSX -11%, EGLE -11%, SB -9%. By Ashitha Shivaprasad
Broad sell-off in bulk shipping stocks even as Baltic Dry Index hits 12-year high. GNK -11%, GOGL -13%, DSX -11%, EGLE -11%, SB -9%. By Ashitha Shivaprasad
By Anna Shiryaevskaya (Bloomberg) — A record rally in natural gas prices in Europe doesn’t mean it’s become lucrative to send every available
DUBAI, Sept 19 (Reuters) – A third tanker has sailed from Iran carrying Iranian fuel for distribution in Lebanon, TankerTrackers.com reported on Twitter
By Steve Gorman (Reuters)- The quartet of newly minted citizen astronauts comprising the SpaceX Inspiration4 mission safely splashed down in the Atlantic off
Foss Maritime’s Carolyn Dorothy and Sarah assisted the first-ever arrival of an MSC ship calling on the Port of Portland this morning. Under rainy skies, the
Abu Dhabi, UAE – Sept 19, 2021: AD Ports Group, has signed a Heads of Terms agreement with the Aqaba Development Corporation to establish a
Tens of thousands of frustrated citizens of nations such as Australia and New Zealand remain stranded overseas and some are starting to sail
By John Irish (Reuters) France plunged into an unprecedented diplomatic crisis with the United States and Australia on Friday after it recalled its ambassadors
By Thomas Black (Bloomberg) The U.S., U.K. and Australia will each begin an 18-month review to identify how best to provide nuclear-submarine capabilities
Britain awarded BAE Systems and Rolls-Royce Holdings 85 million pounds each to work on a new generation of nuclear submarines, a day after announcing a deal to
(Holland & Knight) – The Federal Maritime Commission (FMC) announced on Sept. 15, 2021, that it would move forward with two demurrage-and-detention
With unprecedented congestion at Southern California ports, the ports of Los Angeles and Long beach are taking unprecedented steps to ease the logjam. The
A.P. Moller-Maersk has painted a bleak picture of global supply chains in an operations update published Friday. The update comes as supply chains are under
CMA CGM’s Kingston Container Terminal in Jamaica will serve as the backdrop for an action sequence in the upcoming James Bond flick, No Time To Die. The
V-Bunkers, the Singaporean bunker arm of Dutch-based Vitol, has placed an order to build two electric-hybrid bunker tankers. V-Bunkers intends to deploy these
By Salvatore R. Mercogliano, Ph.D. Two years after MV Golden Ray capsized while departing the port of Brunswick, Georgia early in the hours of September 8,
By Brendan Murray (Bloomberg) The number of container ships waiting to enter the biggest U.S. gateway for trade with Asia reached an all-time high of 65
by John Konrad (gCaptain) In a new study titled Navy Lasers, Railgun, and Gun-Launched Guided Projectiles the US Congress reports the two most important
By Elizabeth Elkin (Bloomberg) Hurricane Ida struck the heart of the U.S. fertilizer industry, and now Storm Nicholas threatens even more damage in the Gulf
Iranian fuel and petrochemical exports to China, Africa, and the Taliban have boomed in recent years despite U.S. sanction enforcement efforts at
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