Here’s the Average Stock Market Return Under Democratic and Republican Presidents (Hint: It May Surprise You)
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Baltic index hits one-week low on weaker vessel rates
The Baltic Exchange’s main sea freight index, which tracks rates for ships ferrying dry bulk commodities, fell to a one-week…
Dry Bulkers in Demand as Rates Move Higher
The recent rise in the dry bulk freight market has reinforced shipowners’ “appetite” for more second hand bulkers. In its…
Italy Detains “Banksy” Migrant Rescue Boat for Second Time
Italian authorities for the second time in a little over a year have issued a detention order to a German-operated…
France Secures $11B EU Financing to Accelerate Offshore Wind Development
Construction of two offshore wind farms in France is set to proceed following the securing of a €10.8 billion ($11.6…
Report: Abandoned Tanker Sinks Off Yemen
The aging tanker Lavant, which sustained uncontrollable flooding off the southeastern coast of Yemen in June, appears to have disappeared…
Interview: Sean Fernstrum, President, R.W. Fernstrum & Company
Fernstrum, the leading name in marine cooling technology, celebrates its 75th anniversary this year. President Sean Fernstrum explains the secrets…
Ports of Indiana Plans to Establish First Container Port on Lake Michigan
Ports of Indiana, the 63-year-old authority managing the state’s ports, is proceeding with a plan to develop the first international…