Baltic index extends losses on weaker capesize, supramax rates
The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, extended losses to…
Dry Bulk Values Plunge in Line With Shipping Market
Prices for second hand bulkers have retreated as a result of a weakness in the dry bulk market. In its…
South Korea’s dedicated technology testbed vessel set for first trials in 2025
K-GTB will help Korea Research Institute of Ships & Ocean Engineering test new fuels, electrification and autonomy
Sweeping Legislative Approach Proposed to Revitalize U.S. Merchant Marine
A new legislative initiative launched by two U.S. Senators and two U.S. members of the House of Representatives and broadly…
Adm. Schultz: Coast Guard Sexual Assault Report Was Withheld From Congress
The House Oversight Committee has released its interim findings on an 18-month review of Operation Fouled Anchor, a sweeping investigation…
U.S. Targets Iran, Houthis, Smuggling, and Oil Trade with Sanctions
The U.S. is seeking to continue the pressure both on the regime in Iran and its efforts at financing its…
BIMCO: Container Shipping Market Overview & Outlook December 2024
Supply/demand balance Despite the fastest growth in supply and the fleet since 2010, the supply/demand balance tightened in 2024. Ship…
Sweeping Legislative Approach Proposed to Revitalize U.S. Merchant Marine
A new legislative initiative launched by two U.S. Senators and two U.S. members of the House of Representatives and broadly…