Gladding-Hearn Shipbuilding, Duclos Corporation announced Friday it has secured an order to build a fourth Chesapeake Class launch for the Association of Maryland Pilots, scheduled for delivery in December 2020.Since the Chesapeake Class pilot boat wa…
Maryland Pilots Order Launch from Gladding-Hearn Read More »
Severe congestion at Chinese ports is easing, say officials and industry participants, although a logjam of refrigerated containers has disrupted supplies of fresh and frozen food and pushed up freight rates outside China.Thousands of refrigerated cont…
China’s Port Jam Eases, But Reefer Rates Soar Read More »
The Baltic Exchange’s main sea freight index edged down on Friday, as lower rates for panamax vessels more than offset a rise in the capesize and supramax segments.The Baltic index, which tracks rates for capesize, panamax and supramax vessels that fer…
Baltic Index Down on Lower Panamax Rates Read More »
The operation to remove fuel oil from the heavy listing iron ore carrier Stellar Banner has officially been launched.
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Removal of Fuel Oil from Stellar Banner Kicks Off Read More »
The container shipping industry might be looking at developments similar to the financial crisis of 2008.
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Container Lines May Lose 17 Mn TEU in 2020 due to Coronavirus Read More »