Drewry Dry Bulk Equity Index Down 3.9% Last Month
In March, the Drewry Dry Bulk Equity Index declined 3.9% and underperformed the S&P 500, which rose 2.3% during the…
China overtakes Japan in April as Australia’s top coal market
Australia shipped more coal to China than Japan in April, the first time this has happened in any month in…
Iron ore down on pre-holiday risk-off, but posts best monthly gain since June 2023
Iron ore and steel futures fell on Tuesday amid risk-off sentiment ahead of a Chinese public holiday, but most contracts…
Stronger Market Boosts Safe Bulkers First Quarter 2024 Results
Safe Bulkers, Inc., an international provider of marine drybulk transportation services, announced its unaudited financial results for the three month…
Cargill expects busy Brazil grain exports in second half of year
Brazil’s grain exports will pick up in the second half as soy and corn supplies increase despite a drought in…
Baltic index edges up on gains in larger vessels
The Baltic Exchange’s dry bulk sea freight index edged up on Wednesday, buoyed by an uptick in capesize and panamax…
Baltic index steady as gains in capesize offset lower rates for smaller vessels
The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, was mostly unchanged on Tuesday…
MOL subsidiary to operate FSRU off Poland’s Gdansk port
Japanese shipping company Mitsui OSK Lines (MOL), through a 100 per cent-owned subsidiary, has entered into a long-term time charter…
Rescue boat delivered to Wisconsin’s Suamico Fire Department
Annapolis, Maryland-based Ocean Craft Marine (OCM) has handed over a new search and rescue (SAR) boat to the Suamico Fire…
COLUMN | Like trouble over bridged water [Tug Times]
O say can you see by the dawn’s early light A ship that blacked out, and a bridge no longer…