Security Vessel News Roundup | January 13 – Indian Coast Guard’s new pollution control vessel, Chinese rescue ship orders and more
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Iron ore gains as China pledges package of stimulus polices
Iron ore futures edged higher on Monday as top consumer China’s latest pledge to roll out a package of polices…
2025 Dry bulk carrier earnings lag 2024 across all classes despite strong H2 performance
Global seaborne iron ore exports climbed to a near-record 38.50 Mt in the week ending 28 December, as miners expedited…
Baltic Index Extends Losses As Vessel Rates Sink Across Segments
The Baltic Exchange’s dry bulk freight index, which tracks rates for vessels transporting dry bulk commodities, fell for the sixth…
Sinokor Maritime’s VLCC super-haul purchase tactics and pricing start to emerge
Shipowners siloed off with some initially lured in on time-charter business
Manslaughter Trial Begins for Captain of Solong Involved in Fiery Collision
The Russian master of the containership Solong was scheduled to begin his trial for the 2025 collision in which the…
U.S. Coast Guard Rescues Surfer Who Survived 30 Hours on Rocks Offshore
On Friday, the U.S. Coast Guard rescued a surfer who went adrift and wound up on the rocks on an…
Goldman’s top economist says Fed probe threat adds to independence worries
Goldman Sachs’ chief economist Jan Hatzius said on Monday that a criminal indictment threat facing Federal Reserve chief Jerome Powell…
EU banking regulator says no capital relief for banks holding asset managers via insurers
The European Banking Authority has clarified that current European Union banking rules prevent lenders that own asset management firms through…
Banks embrace eBL Interoperability with Live Cross-Platform Trade Finance Transaction in Thailand and China
Continuing their unique collaboration, GSBN, IQAX and ICE Digital Trade now enable cross-platform electronic bill of lading (eBL) transactions involving…