The Baltic Exchange’s main sea freight index jumped to its highest in more than a decade, powered by strong demand across vessels ferrying dry bulk commodities and shipping constraints in China.The overall index, which factors in rates for capesize…
Baltic Dry Index Extends Rally Read More »
ABS said Wednesday that the new FPSO ordered by China National Offshore Oil Company Energy and Technology Services Company (Cenertech) to serve the Lu Feng 12-3 Oilfield would be built to ABS Class.The 100,000 DWT FPSO is the center of a development…
Cenertech’s New FPSO to be Built to ABS Class Read More »
The Port of Antwerp recorded a year-on-year rise in the volume of cargo handled for the first seven months of 2021, even though disruptions caused by COVID-19 and Britain’s departure from the European Union have depressed trade elsewhere, officials…
Port of Antwerp Sees Volume Growth Despite Pandemic Disruption Read More »
Eneti, a company until recently known as Scorpio Bulkers, has completed the exit from its bulk carrier business and has also completed the acquisition of Seajacks, boosting its offshore wind ambitions.In its quarterly results release on Tuesday…
Eneti Wraps Seajacks Acquisition. Exits Drybulk Business Read More »
Israeli operator expects earnings at three times what it initially expected as container bandwagon rolls on
Zim expects blockbuster annual profits of $5.2bn after record first half Read More »