Turkmenistan on Wednesday opened a new $1.5 billion cargo and passenger seaport on the Caspian Sea aiming to boost its export revenues by handling shipping traffic between Asia and Europe.The Central Asian country’s main source of hard currency is its …
Turkmenistan Seeks to Tap into East-West Cargo Flows with New Seaport Read More »
Aerial drones have made major advances in endurance, range and payload capacity over recent years while prices have continually plummeted, leading to a proliferation of drones expected to reach 12 million by 2020.This trend, some believe, means…
Aerial Drones a Threat to Shipping? Read More »
The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, rose on Wednesday on firmer capesize demand, even as rates across other vessel segments remained unchanged.* The overall index, which factors in rates…
Baltic Index Rises Read More »
Shipbreakers begin lobbying effort after waste crackdown closes demolition market at end of 2018.
Beijing faces fightback after blocking ship demolition Read More »
2016 brought about another milestone within Bouchard Transportation Co. with the appointment of Danielle Bouchard as Director of Communications. As the daughter of Morton S. Bouchard III, and the fifth generation to enter the family business…