Dry Bulk Market: Capesize Rates Lower Last Week
Capesize The Capesize market faced a generally soft week with declining rates across the board. The BCI 5TC fell every…
Fire Aboard South African Fishing Vessel Forces Crew to Abandon Ship
The South African Maritime Safety Authority (SAMSA) has confirmed that an aging fishing vessel had a serious shipboard fire off…
Energy Transfer: Buy, Sell, or Hold
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Mediterranean: Emission Control Area Implementation, Will Lead to Higher Rates
Higher fuel costs will translate to a rise in freight rates for Mediterranean-bound cargoes, as a result of the fact…
UK-Mauritius Chagos Deal Removes Risk for Diego Garcia Naval Base
Mauritius is getting sovereignty over the remote Chagos Archipelago in the Indian Ocean, but Britain will continue to administer the…
Russia Explores Building Four Icebreakers in India
Russia is reportedly expanding its shipbuilding cooperation with India, with two Indian shipyards being considered for construction of four non-nuclear…
Iran Cuts Oil Exports From its Jask Terminal
Iran appears to have halted or heavily cut back crude oil exports from its Single Buoy Mooring (SBM) off the…
UK-Mauritius Chagos Deal Removes Risk for Diego Garcia Naval Base
Mauritius is getting sovereignty over the remote Chagos Archipelago in the Indian Ocean, but Britain will continue to administer the…
Russia Explores Building Four Icebreakers in India
Russia is reportedly expanding its shipbuilding cooperation with India, with two Indian shipyards being considered for construction of four non-nuclear…