The Baltic Exchange’s main sea freight index on Wednesday hit its highest in more than a month, lifted by an uptick in rates for capesize and supramax vessels.The Baltic index, which tracks rates for capesize, panamax and supramax vessels that ferry dr…
Baltic Index Hits 1-1/2-Month High Read More »
Royal Dutch Shell is in discussions to charter at least three supertankers to store around 6 million barrels of crude oil at sea, shipping sources said on Wednesday.Shell has provisionally booked the vessels, known as very large crude carriers (VLCCs)…
Shell in Talks to Book Tankers for Crude Floating Storage Read More »
The coronavirus outbreak reduced cargo volumes moving through the nation’s ports.
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Coronavirus Impact Shrinks Volumes at Top Two Busiest Ports in US Read More »
Australia and the US sign a milestone arrangement to bolster Australia’s access to emergency oil supplies.
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Australia Reaches Fuel Security Arrangement with US Read More »
Placing a board deck across two canoes, to make a broad flat and stable surface for transporting passengers and freight, was often done to form early ferries. The true catamaran is an evolution of that practical design concept. In recent decades…
Dongara Marine Delivers Ferry in Western Australia Read More »