Capesize The capesize market appears to have broken out of its recent downward trend and moved into a range bound period trading largely sideways this week. Timecharter spreads between the two basins now stands with the Pacific $3143 over the Atlantic….
Dry Bulk Market: The capesize market appears to have broken out Read More »
BACKGROUND In March 2020, the UAE Cabinet issued Resolution No. 16 of 2020 Concerning the Determination of the Positive List of Economic Sectors and Activities Eligible for Foreign Direct Investment and Percentage of their Ownership (the “Resolution”)….
Changing landscape for UAE maritime industry6 August 2020 Read More »
BAE Systems received a $83.5 million contract from the U.S. Navy to modernize the guided-missile destroyers USS Carney (DDG 64) and USS Winston S Churchill (DDG 81). The modernization work will be performed sequentially by the company’s shipyard in Jac…
BAE Systems Wins Modernization Contract for USS Carney, USS Winston S. Churchill Read More »
General Dynamics announced today that the negotiating teams from Bath Iron Works and the International Association of Machinists and Aerospace Workers (IAM) Local S6 reached agreement last night on mutually acceptable terms to end the ongoing strike by…
General Dynamics Bath Iron Works, Union Reach Agreement Read More »
MOL says it is ‘fully aware of the incident and the regretful harm to the beautiful nature in Mauritius’, and…
Related StoriesIMO to hold all meetings online for rest of yearClarksons confident of global shipping …
MOL sends team to assist Mauritius oil spill clear up Read More »