The Baltic Exchange’s main sea freight index snapped a seven-session winning streak on Friday as capesize rates declined, but was up for the second straight week.The Baltic dry index, which tracks rates for capesize, panamax and supramax vessels, fell …
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The ‘transition’ part of the energy transition is starting to show a more defined […]
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After more than 30 years of active service, U.S. Coast Guard Island-class patrol boats USCGC Aquidneck (WPB 1309) and USCGC Adak (WPB 1333) were decommissioned in a ceremony aboard Naval Support Activity Bahrain, Tuesday.Vice Adm. Steven Poulin, comman…
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According to the annual list compiled by the international port state control Paris MoU, out of 70 nations, Denmark has ranked first on the list, followed by Norway and the Marshall Islands.
The…
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Norwegian vessel owner Siem Offshore has agreed to sell two anchor handling tug and supply vessels Siem Garnet and Siem Diamond.Siem Offshore said that the vessels would be sold to an independent third party, for further trading outside the offshore sh…
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