Dalian iron ore falls on worries over China demand
Dalian iron ore futures fell for a fourth straight session on Thursday, weighed by persistent worries over demand for the…
Hapag’s Earnings Outlook Sets Tone for Down Year in 2025
Hapag-Lloyd reporting what it called “solid results” for 2024, outlined what it sees as another challenging year ahead. It became…
Dry Bulk Shipping Demand to Increase, While Lower Fuel Oil Prices Can Further Boost Shipping
The shipping market stands to benefit from falling oil prices, as fuel oil costs will diminish as well, while the…
Diana Shipping Inc. Announces Time Charter Contract for m/v DSI Andromeda With Cargill
Diana Shipping Inc., a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, today announced…
Baltic Index Falls On Lower Capesize, Panamax Rates
The Baltic Exchange’s dry bulk sea freight index, which monitors rates for vessels moving dry bulk commodities, edged lower on…
Colombian Drug Gang Bribed Navy Staff to Place GPS Devices on Navy Ships
The indictment of two former employees of the Colombian Navy has revealed an elaborate plot by one of the country’s…
CMA CGM Makes Rival Bid for Air Belgium in Move to Expand Air Cargo Ops
CMA CGM Group, which launched a niche air cargo operation in 2021, has made a last-minute rival bid to take…
Worker Killed in Crane Accident Aboard Norwegian MPSV
Norwegian authorities are investigating the death of a worker who was crushed by a crane on an offshore MPSV last…
NTSB: Maryland Highway Agency Failed to Prevent Baltimore Bridge Collapse
In a public briefing Thursday, the National Transportation Safety Board (NTSB) said that the Maryland Transportation Authority (MDTA) should have…
Crews from Solong and Stena Immaculate Return Home as Salvage Continues
Officials in the UK and the Philippines confirmed that the crewmembers of the containership Solong and tanker Stena Immaculate have…