The Baltic Exchange’s main sea freight index eased on Thursday, but still gained about 53% for the quarter on the back of robust demand for dry bulk vessels, especially capesizes.The overall index, which factors in rates for capesize, panamax…
Capesize Surge Boosts Baltic Dry Index to 53% Quarterly Gain Read More »
The U.S. Bureau of Ocean Energy Management (BOEM) will hold an oil and gas lease sale for the Gulf of Mexico on 17 November 2021.
The post U.S. gov’t preparing for latest Gulf of Mexico lease sale appeared first on Offshore Energy.
U.S. gov’t preparing for latest Gulf of Mexico lease sale Read More »
Nine people have been sentenced in Singapore to up to three years in jail for cheating buyers out of $337,000 worth of shipping fuel, authorities said in a joint statement on Thursday.The group was found guilty of using industrial strength magnets…
Singapore Convicts Nine in Southernpec Bunker Fuel Theft Case Read More »
Swiss container shipping major Mediterranean Shipping Company (MSC) has become the latest carrier targeted by the Blanco Rosell Siblings over “illicit” business dealings in Cuba.
The post MSC sued over (un)lawful Cuba dealings appeared first on Offsho…
MSC sued over (un)lawful Cuba dealings Read More »
Following the acquisition of additional waterfront along the Mobile River in September 2020, Austal USA reports it quickly established a ship repair facility that has had a booming response.“Almost immediately after word got out Austal USA had purchase…
Austal USA Sets Up Ship Repair Yard in Alabama Read More »