Three crew asphyxiated on cargoship
Probe starts after incident on timber carrier off Okinawa.
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November 2018
Capesize Rate Drag Baltic Index Down for Tenth Straight Session
The Baltic Exchange’s main sea freight index, tracking rates for ships transporting dry bulk commodities, declined for the tenth straight session on Monday on weakening demand for capesize vessels.The overall index, which factors in rates for capesize…
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Iranian Military Ready to Protect Oil Tankers
Iran’s armed forces will protect Iranian oil tankers against any threats, an Iranian military official said on Monday after the United States called the ships a “floating liability” and warned ports operators not to allow them to dock.The United States…
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Overseas Shipholding Group Expects to Benefit from Improving Market
Overseas Shipholding Group (OSG) closed the first nine months of this year with improved earnings.
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