Baltic index posts second weekly gain on capesize strength
The Baltic Exchange’s dry bulk sea freight index on Friday extended gains and posted a second consecutive weekly rise, buoyed…
Dry Bulk Market: Mixed Fortunes
The dry bulk market has been a mixed bag so far in 2024, in terms of performance, with Capesizes faring…
Iron ore logs over 10% weekly gain on China rate cuts, stimulus prospects
Iron ore futures prices rallied for a fourth straight session on Friday and eyed a weekly gain of over 10%,…
Montreal Dockworkers Scheduled 3-Day Strike Coinciding with U.S. Strike
Dockworkers in Montreal, which have been without a contract for nearly 10 months, Friday morning filed a notice of a…
Captain Receives Eight-Month U.S. Prison Term for MARPOL Violation
The master of a product tanker who committed a MARPOL violation and then attempted to conceal information from the U.S.…
Haiti’s Main Seaport Closed After Gangs Attack Shooting Ships and Workers
For the second time this year, Haiti’s main seaport has been closed due to violence from the armed gangs that…
BOEM Postpones Planned Offshore Oregon Wind Auction as Opposition Grew
The Bureau of Ocean Energy Management delayed plans for its October auction for three proposed offshore wind lease auctions off…
White House Meets with Terminal Operators Ahead of Looming ILA Strike
Going into the final weekend before the threatened strike that would stop container and RoRo operations at 36 U.S. ports,…
Second U.S. Training Ship Delivered for Role at Mass Maritime
Philly Shipyard officially handed over the second of the new U.S. maritime training ships to the Maritime Administration (MARAD). Named…
Houthis Unleash Barrage at U.S. Warships After Three Week Lull
U.S. officials are confirming that warships in the Red Sea were targeted with possibly the largest barrage since the conflict…