Report: Scrubber Wash Damages Baltic as Shipowners Realize Profits with HFO
A new report is adding to the long-running debate over the impact of exhaust scrubbers and the potential for more…
Historic Tall Ship Arrives in Marseille to Deliver the Olympic Flame
On Wednesday, amidst tight security and much fanfare, the torch for the 2024 Paris Olympics arrived at the port of…
U.S. Imports Expected to Remain Strong According to NRF
Monthly inbound cargo volume at the nation’s major container ports should consistently be above two million TEUs through this summer…
USCG Will Allow Mariners to Renew Credentials Up to Six Years Late
Acting on a request from industry organizations, the U.S. Coast Guard has decided to let former merchant mariners renew their…
April WTI Midland into Dated Brent Performance: 10 cargoes delivered
As trading activity in the Platts Market on Close assessment process reached all-time highs in April, 24 cargoes of WTI…
Ukraine 2023/24 grain exports reach last season level at 42.4 mln T
Ukrainian grain exports in the 2023/24 July-June season totalled 42.4 million metric tons as of May 8, almost equal to…
‘Resilience’ to container shipping shocks fades in post-COVID era
Despite the multitude of threats facing ocean shipping, there are indications those disruptions – active or potential — are not…
Genco Shipping reports in-line earnings and another dividend in stronger first quarter
Fixtures in current quarter firm slightly to top the $20,000 per day mark
Baltic index sails to more than 1-month high on rise across vessel segments
The Baltic Exchange’s main sea freight index rose to a more than one-month high on Wednesday, helped by stronger rates…
China’s 2024 iron ore imports seen 1.17-1.18 bln metric tons- Vale
Imports of iron ore by China, the world’s biggest buyer, in 2024 are expected to be around 1.170 to 1.180…