The Baltic Exchange’s main sea freight index, which tracks rates for capesize, panamax and supramax vessels, edged up on Friday on stronger rates for the capesize vessel segment.The Baltic dry index was up 2 points, or 0.2%, at 1,196.However, the index…
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Turkish boatbuilder Sanmar Shipyards has signed a framework agreement with Schottel that makes the German propulsion specialist the exclusive supplier of thrusters for the Bigaçay class tugs for two years.“The agreement puts Sanmar in a position…
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Dutch shipbuilder Concordia Damen said Friday it has signed a contract for 40 eco-friendly dual-fuel barges with institutional investors advised by J.P. Morgan Asset Management. The barges will be chartered by Shell and operated by the VT Group/Marlow.
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The International Maritime Organization (IMO) and the World Tourism Organization (UNWTO) have expressed their support for the safe resumption of cruise ship operations following the COVID-19…
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The Port of Tyne has launched a new green energy park which will be […]
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