Iranian Navy Raises Capsized Frigate Sahand From the Water
On Friday night, the Iranian Navy raised the capsized frigate Sahand from the water at the port of Bandar Abbas,…
Positive outlook for bulkers as demand outpaces supply
Growing global demand for commodities and a sluggish newbuild market up until 2023 have set the stage for bullish growth…
China June soy imports from Brazil rise 2%, customs data show
China’s soybean imports from Brazil rose 2.2% in June from a year earlier, data showed on Saturday, as Chinese buyers…
Subdued demand to pressure iron ore prices
Iron ore is one of the worst performing commodities so far this year. Prices are down about 20% year-to-date as…
Dry Bulk Market: Capesize Market on Correction Mode
Capesize It was only on Thursday that the Capesize 5TC climbed to positive territory and became closer to $25,000. But…
New Fortress produces first offshore LNG a year later than planned
Company yet to detail volumes and loading of export vessel
Washington State Ferries Selects ABB as Propulsion Single Source Vendor
ABB has been awarded a contract by Washington State Ferries (WSF) to serve as the propulsion single source vendor (PSSV)…