White House says admiral approved “lawful” second strike on boat from Venezuela
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Baltic Dry Index climbs to 2560 up 23 points
Today, Monday, December 01 2025, the Baltic Dry Index climbed by 23 points, reaching 2583 points. Baltic Dry Index is…
Iron ore extends rally on demand for medium-grade cargoes
Iron ore futures prices advanced for a fourth session on Monday, buoyed by strong buying of medium-grade cargoes, though gains…
Strong capesize rates propel Baltic index to near 2-year high
The Baltic Exchange’s dry bulk sea freight index, which tracks rates for vessels transporting dry bulk commodities, rose to a…
Dry Bulk Newbuilding Orders Lowest Since 2016
The orderbook for bulkers hasn’t been refilled so far in 2025, with owners hesitant to place more orders, closing in…
USS Gerald R. Ford Arrives in St. Thomas, USVI for R&R
The massive aircraft carrier USS Gerald R. Ford (CVN 78) is making its first-ever port call to St. Thomas in…
Hyundai Completes Consolidation of Ulsan Shipbuilding Yards
South Korea’s Hyundai Heavy Industries reports it has completed the consolidation of its shipbuilding operations located in Ulsan, South Korea,…
Euro zone factory activity contracts in November, job cuts accelerate, PMI shows
Euro zone manufacturing activity slipped back into contraction territory in November on weakening demand that forced firms to cut jobs…
Greek manufacturing growth slows in November as new orders falter, PMI shows
Growth in Greece’s manufacturing sector slowed in November, with new orders rising only fractionally due to weakened customer purchasing power,…