On May 21, shipbuilder General Dynamics NASSCO started construction of the future USNS Robert F. Kennedy (T-AO 208), the fourth of six vessels for the U.S. Navy’s John Lewis-class fleet oiler program.Designed to transfer fuel to U.S. Navy carrier strik…
NASSCO Begins Building US Navy’s Fourth T-AO Oiler Read More »
China is backing the jump amid forecasts it could quadruple corn imports
Growing grain demand pushes supramax bulkers to 11-year high Read More »
It’s round one to China in its efforts to cool the red-hot iron ore and steel sectors, but victory in future rounds largely depends on making increasingly harder choices, and hoping factors beyond its control work in Beijing’s favor.The catalyst…
China Lands Uppercut on Iron Ore Prices, But No Knockout Blow Read More »
Belle Chasse, La. shipyard C&C Marine and Repair, LLC said it has delivered Ned Brooks, the fourth in series of 15 towboats for Metairie, La.-based Maritime Partners, LLC.The 2,600-horsepowered, 84- by 34-foot towboat was designed by Entech Design…
C&C Delivers New Towboat to Maritime Partners Read More »
The Baltic exchange’s main sea freight index rose on Monday, buoyed by an uptick in capesize vessel rates.The Baltic dry index, which tracks rates for capesize, panamax and supramax vessels ferrying dry bulk commodities, rose 12 points, or 0.4%…
Baltic Dry Index Ticks Up Read More »