Baltic index rises for 3rd day as larger vessel rates gain
The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commodities, extended gains for a…
Greek shipowner Performance fixes LR2 tanker to trading giant Trafigura
Greek owner takes short-term cover to keep product carrier free for later in the year
Himalaya to boost dividend payments as last newbuilding joins fleet
Norwegian owner will have 12 ‘state-of-the-art’ newcastlemaxes in operation this month
City of Alameda Halts Climate Tech Experiment Aboard a WWII Carrier
The City Council in Alameda, California has put an end to a scientific experiment aboard the WWII carrier USS Hornet,…
Allies and Veterans Commemorate 80th Anniversary of D-Day
On Thursday, France, the UK, the United States and their allies honored the heroes of D-Day, who came ashore in…
In the Know Podcast 58: Barak Ben-Gal, CFO of Saildrone
In this edition of the In the Know podcast series, TME spoke with Saildrone CFO Barak Ben-Gal about the carbon…
Indian Government Wants to Launch New Line to Lower Shipping Costs
News that India is planning to launch a new shipping company through a public partnership is being met with skepticism…
Shipyard Profile: ASENAV, Chile’s Premier Specialty Shipbuilder
Chilean yard ASENAV has been creating bespoke vessels for South American maritime operators since the 1970s, and it celebrates its…
Russia and China Plan JV Shipping Line for Year-Round Service on the NSR
Continuing forward with Russian President Vladimir Putin’s imperative to develop the Northern Sea Route as an alternative means of transporting…
Three Drug Suspects Missing After Coast Guard Team Fires on Smuggling Boat
The U.S. Coast Guard has suspended a search for three suspects who went overboard after a boarding team opened fire…