‘Revenge Tax’: US Bill Hits Allies That Have Tax Rules Trump Doesn’t Like
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Divers Find Hull Damage on Grounded Bulker off Sweden
The grounding of the bulker Ali Aykin in the Øresund last weekend appears to be more serious than initially believed,…
Sailing Ship Used for Ocean Research Sinks at California Dock
The U.S. Coast Guard and local officials are trying to figure out why a well-known sailing ship used for ocean…
US Navy Removes Officer in Charge of Building Frigates and Unmanned Ships
The U.S. Navy has removed the admiral who was in charge of its new frigate program and its unmanned-vessel programs,…
Iron ore extends declines on talk of steel production cuts in China
Iron ore futures fell for a third straight session on Tuesday amid renewed market talk of crude steel production cuts…
Seanergy Maritime Reports First Quarter Net Revenues of $24.2 Million
Seanergy Maritime Holdings Corp., a leading pure-play Capesize shipping company, yesterday reported its financial results for the first quarter of…
Baltic Index Hits Near Two-Week Low As Rates Decline Across Segments
The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, fell to a…
China United Lines, Maersk and Hapag-Lloyd join transpacific bonanza
Ongoing surge of capacity could see spot rates peak in early June before softening
Cash injection of $18.5bn needed to scale up Indonesian maritime industry
Ports, shipyards and fleet renewals all on the cards to raise the standards of Indonesia’s maritime sector