Dry Bulk Market: Australian-China Trade Route Recovering
The Capesize market has benefited from the resumption of Australian coal exports to China after a period of tension between…
Baltic index set for first weekly fall in six
The Baltic Exchange’s main sea freight index, which tracks rates for ships ferrying dry bulk commodities, was on way to…
Iron ore falls on profit-taking, set for 2nd weekly gain on China stimulus hopes
Iron ore futures retreated on Friday as falling hot metal output weighed on sentiment, but prices were still headed for…
Sea1 Offshore completes vessels-for-shares deal, seals debt refinancing
Company has made payments on two loan tranches, lifted covenant restrictions
Abolition of French Tonnage Tax Could Lead to Reflagging
The potential abolition of the French tonnage tax regime, a favorable tax framework for shipping companies, is causing significant concern…
Ukraine Launches Drone-Boat Attack on Novorossiysk
Ukraine launched a drone attack on the port of Novorossiysk on Wednesday morning, the Russian Ministry of Defense has confirmed.…
Top Philippine General Says Troops Will Match Chinese Tactics if Assaulted
In comments to the press on Thursday, the Philippine military’s top officer said that if Chinese forces assaulted Philippine troops…
Floating Solar Pilot Launched in Dutch North Sea to Test Technology
The Merganser project has been successfully installed in the Dutch North Sea as the first step toward testing and demonstrating…
Eurozone retail sales continue to creep up slowly
After a boom in 2021 on the back of store reopenings, a long correction for retail ensued. The peak in…
Questions Over High Seas Disappearance of Russian Fertilizer Sent to Kenya
Kenyan authorities are trying to explain the whereabouts of a large consignment of fertilizer donated by Russia that failed to…