Mitsui O.S.K. Lines: Seasonality to Keep Capesize Dry Bulk Rates Down During the First Quarter
The following is a summary of business conditions including revenue and ordinary profit/loss per business segment. (A)Dry Bulk Business The…
Baltic index snaps 13-day losing streak on larger vessel gains
The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, snapped a thirteen-day…
Ørsted Ousts CEO as Pressure Continues in Offshore Wind Sector
Danish renewable energy giant Ørsted reported today, January 31, a change in CEOs as the company continues to struggle with…
Historic Washington State Ferry Cheats Scrappers to Become Floating Office
One of the storied ferries familiar to residents of Washington State for its more than 50 years of service is…
AD Ports to Battle DP World for Cargo Business at Port of Luanda, Angola
The Port of Luanda in Angola is set to become a battleground of competition for two giant Arab companies after…
Canada Aims to Restore Reliable Ferry Service on Critical Route to PEI
Canada is hoping to restore reliable ferry transport on the critical Prince Edward Island (PEI) and Nova Scotia route following…
Fire Cleanup Underway as Blaze Continues to Smolder in Bulker’s Cargo Hold
Fire crews at the Port of Aberdeen in Scotland have spent several days battling a cargo hold fire aboard a…
Using AI and data to make immersive art
Digital artist Refik Anadol captures data from nature to preserve its memory.