Falling Capesize Rates Bring Down Baltic Index
The Baltic's capesize index dropped 11.61 percent, shedding 244 points to
The Baltic's capesize index dropped 11.61 percent, shedding 244 points to
Overseas Shipholding Group, Inc. (OTC:OSGIQ) has announced today that V.Ships will now take on the role of technical manager for their entire fleet of
Chevron North Sea Ltd reached a final investment decision today and received approval from the U.K. Government to proceed with the development of the Alder
James M. Bridger, Delex Systems Inc After losing Puntland’s presidential election by a single parliamentary vote, incumbent president Abdirahman Mohamed
Qatari shipping company Nakilat, the world’s largest owner of LNG carriers, along with Qatari LNG producers Qatargas, RasGas and engine manufacturer MAN
Named the RNOV ‘Shabab Oman,” this 87-meter sail training vessel (STV) is destined to become the flagship of the Royal Navy of Oman once delivered
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The ban on mineral-ore exports from Indonesia, the world’s biggest nickel producer, is poised to benefit neighboring miners in the Philippines, who are
With the holidays behind us, shipping slowly returns to daily routine of moving cargoes (we should never forget what shipping is all about) and everyone having
German container shipping company Hapag-Lloyd is nearing a deal to buy Chilean shipper Compania Sud Americana de Vapores (CSAV), a German newspaper
Japan will lend Mozambique 70 billion yen ($672 million) over five years, Prime Minister Shinzo Abe said on Sunday, as the Asian nation seeks to secure access
Indonesia pushed ahead with a watered-down ban on mineral ore exports that will cut global nickel supplies and allow Freeport-McMoRan Copper & Gold Inc. to
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On August 18, 2010, the South Korean fishing vessel, Oyang 70, capsized and sank while working in the New Zealand´s exclusive economic zone (EEZ), resulting
Sacyr, the Spanish building company leading a consortium to expand the Panama Canal, said it risks losing $574 million in guarantees and advance payments if a
A U.S. Coast Guard aircrew medevaced a 27-year-old man from an offshore supply vessel 5 miles off Louisiana, Thursday, after losing his foot in an
The cost of hauling coal and other commodities had its biggest one-day percentage drop on record after Colombia restricted some exports by Drummond Co.,
Thirty massive tanks filled with air will lift the hulk of the Costa Concordia off the seabed in June so it can be towed away from the Italian island of Giglio
Jan. 10 (Bloomberg) — Australia’s natural-gas buyers are poised to pay more even as supply more than doubles in the next five years because higher
Yantai CIMC Raffles Offshore Ltd. (CIMC Raffles) announced today the signing of a newbuild order from Central Shipping Monaco (CSM) to build a pair of Friede
STX Shipbuilding reports today they have lost a KRW 742.9 billion order for a newbuild drillship. Although not specifically mentioned in the exchange filing,
Fisherman in Mexico on Monday captured video of conjoined gray whale twins that washed up on a beach in Baja
The recovery propelling shipping markets is poised to leave crude-oil tankers behind, unless the U.S. changes its 39-year-old ban on most unrefined
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The U.S. Coast Guard has suspended the searches for two missing crewmembers believed to have fallen overboard from a tanker and a cruise ship in two separate
gCaptain’s job board continues to receive an extraordinary amount of attention from the maritime and offshore industry around the world and we’ve
The construction of four Jones Act tankers for Crowley Maritime Corporation kicked off this week at Aker Philadelphia
Sorry folks, but Maersk Line made the announcement Thursday that due to popular demand, the Triple-E LEGO kit is sold
Barges are backed up on the Mississippi River near a New Orleans canal, delaying some shipments of gasoline and diesel to nearby states, after a 90- year-old
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