Cook Inlet Tug and Barge (CITB) is adding a versatile shallow draft tugboat, the Bristol Wind, to its fleet in mid-April. The uniquely designed tug will join her sister vessel, the Capt. Frank Moody, in support of the construction, and oil and…
CITB Adds Shallow-draft Tug in Alaska Read More »
The Baltic Exchange’s main sea freight index rose on Thursday, helped by higher rates for capesize and supramax vessels.The Baltic index, which tracks rates for capesize, panamax and supramax vessels that ferry dry bulk commodities, rose 2 points, or 0…
Baltic Index Edges Up On Stronger Rates Read More »
Daily freight rates for Very Large Crude Carriers skyrocketing.
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Tanker Rates Surge after Bahri’s Surprising Charters Read More »
Deepwater drilling rig contractor Pacific Drilling has found more work for its Pacific Sharav drillship.The drilling company on Wednesday revealed that Murphy Oil had hired the drillship for work offshore Mexico. According to the fleet status report…
Murphy Charters Pacific Drilling Drillship for Mexico Wells Read More »
Princess Cruises, the operator of two coronavirus-stricken ships, said on Thursday it would suspend global operations of its 18 cruise ships for two months, sending shares of its parent company Carnival Corp down 22% in premarket trading.The…
Coronavirus-hit Princess Cruises Suspends Operations Read More »