A Russian navy ship “aggressively approached” a U.S. Navy destroyer in the North Arabian Sea on Thursday, the U.S. Navy’s Bahrain-based Fifth Fleet said in a statement on Friday.The Fifth Fleet said the U.S. destroyer USS Farragut sounded five…
Russian Navy Ship ‘Aggressively Approached’ U.S. Destroyer Read More »
Soft wheat exports from French ports reached a six-year high in December during the on-going transportation strikes that saw loadings at several ports around the country halted intermittently for several days, Refinitiv data showed Thursday.The…
French Wheat Shipments Hit 6-year High Read More »
Tougher rules on sulphur emissions from ships set by the International Maritime Organisation (IMO) from January burden the profit outlook for Germany’s container shipping line Hapag-Lloyd this year after a good 2019, its chief executive said.”This…
New IMO Rules Overshadow Hapag-Lloyd’s Profit Outlook – CEO Read More »
The Baltic Exchange’s main sea freight index reversed course to inch up on Friday after 21 straight session of declines, helped by higher earnings for capesize vessels.* The Baltic index, which tracks rates for capesize, panamax and supramax vessels th…
Baltic index Reverses Course, Gains Read More »
Despite global trade tensions, the South Carolina Ports Authority had the best calendar year in its history.
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SC Ports’ Volumes Continue Growing Despite Trade War Read More »