Baltic Index Falls To New Multi-Year Low
by Harshit Verma (Reuters) – The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commodities, fell to
by Harshit Verma (Reuters) – The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commodities, fell to
The U.S. Coast Guard will hold a formal hearing to consider evidence related to the June 7, 2022 fire and total constructive loss of the passenger vessel
The Port of Savannah, billed as the fastest growing container terminal in the U.S., handled a record 5.9 million TEUs in 2022 for an increase of 5% over 2021,
U.S.-based shipping company Crowley and Danish offshore services company ESVAGT have agreed to jointly build and operate a service operations vessel (SOV) for
Norwegian billionaire John Fredriksen has increased his stake in Belgian tanker company Euronav in wake of Frontline terminating its combination agreement with
A dredging vessel capsized Monday on the Lower Mississippi River, spilling oil but thankfully the two people on board at the time are safe. The U.S. Coast
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By Julian Lee (Bloomberg) Russia’s seaborne crude exports soared last week to the highest level since April, suggesting that the country has —
A Norwegian naval officer stands trial today but denies negligence that led to the 2018 collision between a warship he commanded and an oil tanker in which the
By Abdiqani Hassan (Reuters) – Somalia’s government-led forces have captured an al Shabaab stronghold on the Indian Ocean coast, the defense
By Antony Sguazzin (Bloomberg) –South Africa will next month go ahead with naval exercises off its eastern coast with Russian and Chinese warships in a
By Ugur Yilmaz (Bloomberg) Turkey freed a vessel that had wedged itself against the banks of the Bosphorus Strait, clearing the vital waterway that connects
Classification society DNV is confirming that a recent ransomware cyber attack on its fleet management software has impacted around 1,000 ships. The cyber
By Jeslyn Lerh (Reuters) Equatorial Marine Fuel Management Services rose one spot to become the top marine fuel supplier at world’s largest bunkering hub
by Yoruk Isik (Reuters) The cargo ship MKK 1, traveling from Ukraine to Turkey, was grounded in Istanbul’s Bosphorus Strait on Monday and traffic in
OSLO, Jan 16 (Reuters) – A Norwegian naval officer stands trial on Monday accused of negligence that led to the 2018 collision between a
BALTIMORE, Md. – The Coast Guard rescued seven people Saturday from a disabled, adrift tug towing a barge 30 miles offshore from Ocean City. A crew member
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Employers Start Here Jobseekers Start HereNOAA–You may have heard of atmospheric rivers in the news lately due to the intense rainfall and flooding along the U.S. West Coast. These naturally
By Alex Lawler, Bozorgmehr Sharafedin and Chen Aizhu LONDON, Jan 15 (Reuters) – Iranian oil exports hit new highs in the last two months of 2022 and
Jan 15 (Reuters) – One year on from the massive eruption of an underwater volcano in the South Pacific, the island nation of Tonga is still
By Lebawit Lily Girma (Bloomberg) –If riding on the original, redesigned Orient Express train in 2025 and staying at an Orient Express hotel top
By Lucia Kassai (Bloomberg) –Chevron Corp. sold a cargo of Venezuelan oil to another US refiner in the first such transaction