Pangaea Logistics Solutions Ltd., a bulk carrier and ice class vessel owner/operator headquartered in Newport, R.I., expanded its partnership with Nautilus Labs to include a large part of Pangaea’s fleet of bulk carriers.Pangaea and Nautilus…
Pangaea Logistics Expands Use of Voyage Optimization System Read More »
Pangaea Logistics Solutions Ltd., a bulk carrier and ice class vessel owner/operator headquartered in Newport, RI, expanded its partnership with Nautilus Labs to include a large part of Pangaea’s fleet of bulk carriers.Pangaea and Nautilus began…
Pangaea Logistics expands use of Voyage Optimization System Read More »
The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, rose to over one-year high on Friday as rates for capesize vessels surged on higher iron-ore demand.The overall index, which factors in rates for cape…
Baltic Index Rises to Over One-year High Read More »
Crude oil exports from Russia appear to be recovering once again. In its latest weekly report, shipbroker Banchero Costa said that “despite having to make the biggest-ever reductions in crude oil production under the OPEC+ agreement in 1H 2020, Russia …
Russia Crude Oil Exports Recovering Read More »
The hesitant recovery in global demand for oil looks set to grind to a halt, putting pressure on crude and products trade. The combination of Covid-curtailed air travel and a slowdown in Chinese buying bring sad tidings for oil movements in the fourth …
Crude demand heading south Read More »