Baltic dry index posts weekly loss as capesize rates fall
The Baltic Exchange’s main sea freight index, which tracks rates for vessels transporting dry bulk commodities, fell on Friday, marking…
Japan’s Imabari Consolidates Shipbuilding for Lower Costs and Competition
In what is seen as a strategic move aimed at strengthening Japan’s shipbuilding industry, its largest builder, Imabari Shipbuilding, will…
Hegseth Says Renaming USNS Harvey Milk “Takes Politics Out” of Ship Names
Secretary of Defense Pete Hegseth confirmed in a video posted on social media on June 27 that the Navy has…
Regional Ban on Scrubber Wash Among Environmental Steps Adopted by OSPAR
Representatives from 16 countries meeting in Virgo, Spain, announced today, June 27, that they had adopted the first regional ban…