Cochin Shipyard Limited and Inland Waterways Authority of India has signed a contract for roll-on-roll-off (Ro-Ro) vessels. The contract, which entails design, construction and supply of Ten Ro-PAX and Ro-Ro Vessels, is worth INR 1.02 billion (USD 15 m…
Cochin Shipyard Signs Contract With IWAI For Ten Ro-Ro Vessels Read More »
Move has come within days after BW LPG improved its acquisition offer
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Good Samaritans rescued four people from the water Saturday morning, after a collision between a recreational boat, with six people aboard, and an oyster barge being pushed by a tug which was headed for an oyster bed near the James River Bridge.
4 Recovered after Boat Collision near James River Bridge Read More »
The escalation of the trade war between the US and China is about to bring significant changes in crude ton/mile demand as US crude freights could soon be moving away from China and heading towards India, South Korea, Thailand and Taiwan. In its latest…
Tanker Market: US Oil Exports At the Epicenter of Trade Shifts Read More »
Capesize A shaky start to the week in Asia where rates on the key West Australia/China run lost almost 90 cents dropping to $8.30. However, ongoing interest from the miners and operators saw levels regain ground with the expectation of over $9.00 on th…
Dry Bulk Market: Things Are Looking Perky Read More »