Solving shipping’s challenges through trust in technology
When it comes to regulations that protect the marine environment, things are only heading in one direction: towards more stringent…
Pyxis Tankers Announces Closing of Modern Dry Bulk Vessel Joint Venture
Pyxis Tankers Inc., an international shipping company, announced today that it has closed its previously announced dry bulk vessel joint…
Iron ore logs weekly gain on resilient China demand, property stimulus
Iron ore futuresprices edged up onFriday and logged aweekly rise, thanks to a boost from the latest property stimulus and…
Baltic index logs monthly gain on strong capesize demand
The Baltic Exchange’s main sea freight index, which tracks rates for ships ferrying dry bulk commodities, rose on Friday to…
Germany is Discussing Financial Bailout for Meyer Werft
The shipyard group Meyer Werft is reportedly facing a growing financial crisis that is going to require refinancing of the…
U.S. Launches “Coordinated Review” of Troubled Gaza Pier and Aid Mission
The Inspectors General from the U.S. Department of Defense and the U.S. Agency for International Development confirmed that they are…
Houthis Assert Attacks in Med and Red Sea Including Five Missiles at a Ship
The Houthis are asserting a broad array of attacks conducted on a range of ships in both the Mediterranean and…
India’s Shipyards Attract European Orders as They Seek Global Role
As demand for global shipyard capacity rises, the Indian shipbuilding industry is seeking to attract more work from European shipowners.…
August Offshore Wind Lease Sale Scheduled for Two Central Atlantic Areas
The Department of the Interior announced today it would hold an offshore wind energy lease sale in the Central Atlantic.…
Colonial allocates Cycle 39 shipments on distillate Line 20
Colonial Pipeline Co. is allocating space for Cycle 39 shipments on Line 20, which carries distillates from Atlanta to Nashville,…