Smaller Vessels Boost Baltic Dry Index
The Baltic Exchange's main sea freight index, which tracks rates for ships carrying dry bulk commodities, rose Monday on higher demand for smaller
Reuters is a global news organization providing reporting on business, geopolitics, energy, trade, regulation, and financial markets. gCaptain publishes select Reuters coverage under a syndication license for maritime and offshore audiences. Reuters stories on gCaptain are clearly labeled and may be edited for house style, formatting, and headline clarity without changing the underlying reporting.
The Baltic Exchange's main sea freight index, which tracks rates for ships carrying dry bulk commodities, rose Monday on higher demand for smaller
German container shipper Hamburg-Süd expects to increase sales and volumes this year, Wirtschaftswoche reported on Saturday, citing chief executive Ottmar
Asian spot liquefied natural gas prices edged higher as scattered demand from Japanese buyers and others helped stem the recent decline in prices, traders
ExxonMobil will start exploration drilling at the large Stabroek Block off the coast of Guyana on Friday, the government said, in a move that could inflame a
The Port of Rotterdam Authority said on Thursday its net profit for 2014 fell 4.9 percent to 215 million euros ($237 million) on higher financing
The Baltic Exchange's main sea freight index, which tracks rates for ships carrying dry bulk commodities, made minor gains on Thursday on higher rates for the
Norwegian shipping company Golar LNG and Russian oil giant Rosneft have signed a preliminary agreement to develop floating liquefied natural gas (LNG) plants
At least 10 North African migrants died when their rubber boat overturned in the southern Mediterranean while almost a thousand more were rescued in a single
A smooth start to operations at BG Group's Australian project in Queensland is expected to help the British company to roughly double its liquefied natural gas
"We are reviewing our strategy. We are inclined more to acquiring ships (than other
As global shipping grapples with its worst downturn in 30 years, private equity firms are unwinding massive bets made on the sector in a move set to accelerate
"Around 100 tonnes of powder, 2.6 million detonators, 99 projectiles and around 3,000 cannon shells were
A coalition of environmental groups sued the Port of Seattle on Monday to stop the lease of a terminal to Royal Dutch Shell Plc's Arctic oil drilling fleet,
Canada's military has again delayed the opening of a major new Arctic port, a sign the government is struggling to assert sovereignty over a remote
Lithuanian liquefied natural gas (LNG) importer Litgas has signed a non-binding agreement to purchase LNG from the United States' first export terminal, the
Dry bulk shipping firm Golden Ocean posted a wider fourth-quarter net loss than expected hit by impairments, and said the weak market conditions would continue
Ensco will shut down or cold stack a rig by mid 2015, Chief Executive Carl Trowell said on a conference call with analysts on
The global slump in demand for dry freight commodities is adding more pain to Greece's already crisis-hit banks by heaping pressure on many of their shipowner
The world's biggest offshore drillers reported plunging earnings and orders on Thursday but managed to get a grip on costs to improve their chances of riding
A U.N.-blacklisted North Korean shipping firm has renamed most of its vessels in a bid to disguise their origin and continues illicit shipments in violation of
Essential news coupled with the finest maritime content sourced from across the globe.
Sign Up