Baltic Dry Index Soars on Strong Vessel Rates
March 1 (Reuters) – The Baltic Exchange’s dry bulk sea freight index strengthened to hit an over two-month peak on Friday and posted a
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March 1 (Reuters) – The Baltic Exchange’s dry bulk sea freight index strengthened to hit an over two-month peak on Friday and posted a
The International Transport Workers’ Federation (ITF) has raised serious concerns over unpaid wages of seafarers working on eight vessels owned by
HAMBURG, March 1 (Reuters) – Grain ships originating from the Black Sea or bound for Iran are about the only ones still sailing through the
By Yimou Lee and Ben Blanchard TAIPEI, March 1 (Reuters) – Taiwan is facing a steady “drip, drip” of Chinese pressure ahead of the
Sanctions by the US Treasury are quietly turning up the heat on Russia’s oil exports — to the point where they may soon be at risk of curtailment, writes
Dutch towage operator KOTUG International has acquired full ownership of its Freeport, Bahamas-focussed joint venture with SEACOR Holdings, with KOTUG buying
By Kevin Crowley and Rachel Graf (Bloomberg) — It’s rare for disputes between any of the world’s supermajor oil companies to spill out in public.
By Gus Trompiz PARIS, Feb 29 (Reuters) – France’s CMA CGM has completed a $5 billion takeover of Bollore Logistics, its biggest-ever
Dutch heavy-lift specialist Jumbo Shipping and German breakbulk and project cargo company SAL Heavy Lift are teaming up with U.S.-based multipurpose and liner
The U.S. Environmental Protection Agency has announced the launch of the $3 billion Clean Ports Program to help fund zero-emission port equipment and
By Daniel Flatley and Tony Capaccio (Bloomberg) — The US has struck 230 targets in Yemen following Houthi-led attacks against shipping in the Red Sea, a
Multinational mining corporation Anglo American has taken delivery of its final chartered LNG dual-fuelled Capesize+ bulk carrier, the MV Ubuntu Liberty. The
BERLIN/LONDON, Feb 28 (Reuters) – A German warship shot down two drones in the Red Sea on Tuesday amid escalating attacks by Yemen’s Houthis and
By Jonathan Saul and Mohamad Ghobari LONDON/ADEN/CAIRO, Feb 27 (Reuters) – Yemen’s Houthis said on Tuesday they could only reconsider their missile
The Federal Maritime Commission, the independent federal agency responsible for ensuring a competitive and reliable international ocean transportation
By Mike Wackett The Ocean Alliance east-west liner services vessel-sharing agreement between CMA CGM, Cosco, OOCL and Evergreen, has been extended until 31
By Olesya Astakhova, Alex Lawler and Ahmad Ghaddar LONDON/MOSCOW, Feb 27 (Reuters) – OPEC+ will consider extending voluntary oil output cuts into the
The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has issued new sanctions against two companies for operating a tanker
Oslo-based roll-on/roll-off shipping company, Wallenius Wilhelmsen, has announced the expansion of its fleet with the addition of four new next-generation
In a coordinated effort, the governments of the United States and the United Kingdom have imposed a series of sanctions on individuals and organizations
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