Baltic Index Posts Biggest Weekly Gain In Four Months On Capesize Increase
The Baltic Exchange’s main sea freight index, which measures rates for ships carrying dry bulk commodities, jumped on Friday, posting…
Spanish Police Stop Ship as Drug Cartel Attempts to Steal Cocaine Shipment
Spain’s Guardia Civil is working to sort out the details of one of its more unusual cocaine busts. They moved…
In the Know 71: Joseph Morris, CEO and Port Director of Port Everglades
Port Everglades is one of the biggest cargo and cruise ports in Florida, and it is growing by leaps and…
EU Adopts New Sanctions That Lower Oil Price Cap and Hit Shadow Tankers
The European Union approved its 18th package of sanctions against Russia related to the war in Ukraine, expanding its targeting…
Port of Barcelona Reduces Cruise Terminals to Limit Overtourism
The city of Barcelona is taking action to address the growing complaints of overcrowding and overtourism that critics say is…
Strikes Grow as Wage Talks Drag on for Korean Shipbuilders
Strikes Grow as Wage Takes Drag on for Korean Shipbuilders The Korean Metal Workers’ Union reports it is expanding its…
China Pushes the Envelope, Rolling Out 17MW Floating Wind Turbine
China’s offshore wind industry continues to push the limits for offshore wind turbines, looking to increase the capacity and durability…
New Zealand Forces Coordinate with Tanker for Challenging Nighttime Rescue
Maritime New Zealand is recounting the details of a high-seas nighttime rescue. The operation was successful due to the coordination…
Fine-tuning of sanctions keeps market guessing
The escalating sanctions regime against Russia is reshaping trade flows, supporting parallel markets, and challenging traditional oversight. In yesterday’s Baltic…
Veson Nautical Shipping Market Outlook: Q3 2025 Forecast
Current global economic and geopolitical landscapes are shaped by several key uncertainties. Tensions between Israel and Iran, particularly regarding the…