Rising Tide Continues to Lift Baltic Dry Index
Aug 24 (Reuters) – Solid demand across dry bulk vessels segments propelled the Baltic Exchange’s main sea freight index to its highest level in
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Aug 24 (Reuters) – Solid demand across dry bulk vessels segments propelled the Baltic Exchange’s main sea freight index to its highest level in
By Nick Savvides (The Loadstar) – More than 90% of HMM’s seafaring union members voted to strike on Sunday and, if a resolution is not reached, the
By Mike Wackett (The Loadstar) – Exports from the top ten US container ports slumped by 8.3% in July, compared with the same month of 2020, to 763,619
By Damian Shepherd and Alex Longley (Bloomberg) — For a glimpse at how fast demand for commodities has rebounded in the wake of the coronavirus, look no
WASHINGTON, Aug 23 (Reuters) – The Pentagon is preparing to issue updated guidance to require all U.S. service personnel to be vaccinated after
By Arnold & Itkin – No one would dispute the fact that maritime work is dangerous. Conditions on any offshore rig, barge, dredge, and other vessels
The operation should have been completed in March, but was impeded due to adverse weather conditions. By Vel Moonien in Mauritius – Adverse weather
The U.S. Coast Guard is urging all mariners to prepare for Tropical Storm Henri before its predicted Sunday landfall. The NOAA NWS National Hurricane Center
More than 10 years after construction began, the Port of Long Beach has announced the completion of the Long Beach Container Terminal at Middle Harbor, one of
By Mike Wackett (The Loadstar) – Orient Overseas (International) (OOIL), parent company of OOCL, has posted a net profit of $2.8bn for the
The Ever Given made its return to the Suez Canal on Friday on its backhaul voyage to Asia. AIS as of 11 a.m. EDT shows Ever Given cleared from
Aug 20 (Reuters) – The Baltic Exchange’s main sea freight index rose to a more than 11-year peak on Friday on solid demand for all vessels, with
The U.S. Maritime Administration (MARAD) has announced the designation of six new Marine Highway Projects and a new Marine Highway Route under the America’s
By Nick Savvides (The Loadstar) – One of the world’s largest shippers, Walmart in the US, says it has chartered vessels to meet demand for
Aug 19 (Reuters) – The Baltic Exchange’s main sea freight index extended its winning streak to eight sessions on Thursday, supported by a surge in
COPENHAGEN, Aug 18 (Reuters) – A.P. Moller-Maersk said on Wednesday it had signed a contract securing green methanol as the world’s
The Great Lakes-St. Lawrence Seaway has seen a rise in ship transits this year thanks in part to an increase in wind energy cargoes, boding well for American
By Mike Wackett (The Loadstar) – Alliance networks operating between Asia and North Europe are experiencing delays of up to a month due to worsening
By Brendan Murray (Bloomberg) — Global trade in goods might be close to plateauing — albeit at a record level — amid an outlook clouded by
By Jonathan Saul LONDON, Aug 18 (Reuters) – The Port of Antwerp recorded a year-on-year rise in the volume of cargo handled for the first seven months of
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