German Port Workers to Vote on Contract Proposals After Multiple Strikes
Germany’s Ver.di union has decided to present two possible alternatives for a new dockworkers’ contact to the membership for comments…
Heatwave drives up Vietnamese panamax demand on coal import surge, says Braemar
Broker states half of all coal cargoes in the first half of 2024 were carried by the vessel-type
Baltic index declines as capesize rates fall
The Baltic Exchange’s main sea freight index, which tracks rates for ships ferrying dry bulk commodities, edged lower on Monday…
Iron ore extends gains on China stimulus hopes
Iron ore futures prices rose on Monday, underpinned by growing bets top consumer China will unveil more stimulus in its…
TORM Snaps Up Eight More MR Tankers Growing Position in the Market
With the strong rebound in the tanker markets further enhanced by the disruptions in the Red Sea, Danish operator TORM…
At Risk From Ukrainian Attacks, Last Russian Patrol Ship Leaves Crimea
The last patrol ship of the Russian Black Sea Fleet remaining in Crimea has departed, according to a spokesman for…
ILA: Threat of Strike at US East and Gulf Coast Ports “Growing More Likely”
With the threat of a strike looming over U.S. East Coast and Gulf Coast ports, the International Longshoremen’s Association is…