Baltic Dry Index Continues Rise But Capesizes Hit New All-Time Low
March 2 (Reuters) – The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, rose further on
Reuters, an international news agency headquartered in London, United Kingdom, and a gCaptain content partner.
March 2 (Reuters) – The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, rose further on
by Mikael Holter (Bloomberg) — John Fredriksen is calling an end to the salmon rally. The Norwegian-born oil and shipping tycoon on Tuesday sold a $510
COPENHAGEN, March 2 (Reuters) – Danish shipping company D/S Norden said the dry cargo market reached its lowest point last year and will not recover this
BEIJING, March 1 (Reuters) – China’s navy has launched its first self-propelled floating dock, giving it the ability to repair warships far from
OSLO, March 1 (Reuters) – A glut of offshore supply vessels and falling demand from oil firms will trigger a restructuring of the still-fragmented
By Henrik Stolen OSLO, March 1 (Reuters) – Frontline, one of the world’s largest independent tanker firms, says securing insurance for cargoes
By Jonathan Saul LONDON, Feb 29 (Reuters) – Oman aims to expand shipping and trade links with Iran and get ahead of rivals after the lifting of
By Barbara Liston ORLANDO, Fla., Feb 26 (Reuters) – The U.S. investigation into the deadly sinking of the El Faro cargo ship during a hurricane last fall
MEXICO CITY, Feb 26 (Reuters) – Contract awards for Mexico’s first-ever deep water oil auction covering ten potentially lucrative blocks will take
Feb 26 (Reuters) – The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying industrial commodities, rose further on
By Jonathan Stempel Feb 25 (Reuters) – Royal Caribbean Cruises Ltd faces at least two lawsuits by passengers accusing the company of negligently
By Jonathan Saul and Nina Chestney LONDON, Feb 25 (Reuters) – The Arctic is thawing even faster than lawmakers can formulate new rules to prevent the
By Gwladys Fouche OSLO, Feb 25 (Reuters) – Rig company Seadrill, once the crown jewel in the business empire of shipping tycoon John Fredriksen, will
By Jonathan Saul LONDON, Feb 24 (Reuters) – Saint Petersburg’s new deepwater port aims to become Russia’s major hub for cargo and container
OSLO, Feb 24 (Reuters) – Offshore supply vessel owners must form larger companies in order to restore profitability to an industry battered by plunging
COPENHAGEN, Feb 22 (Reuters) – Qatar and Royal Dutch Shell have agreed to develop liquefied natural gas (LNG) as a marine fuel for use by the
FRANKFURT, Feb 22 (Reuters) – German bank NordLB and two partners have formed a joint venture that will specialise in advising on the restructuring of
By Jacob Gronholt-Pedersen Feb 22 (Reuters) – A liquefied natural gas (LNG) tanker on Sunday docked at the Sabine Pass terminal in Louisiana, with only
Feb 20 (Reuters) – The captain of the doomed El Faro warned that the “clock was ticking” as his cargo ship took on water in an Atlantic
By Saikat Chatterjee and Tara Joseph HONG KONG, Feb 19 (Reuters) – Off the coast of a nearly deserted island below the southern tip of Hong Kong, at
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