Dry bulk ‘slump’ helps push shipping stocks down for another week
Tanker owner Euronav leads all gainers after disclosures of interest from John Fredriksen
Dry bulk ‘slump’ helps push shipping stocks down for another week Read More »
October 2021
Incident Reported During Construction of Seaway 7’s Alfa Lift Vessel in China
Offshore wind installation company Seaway 7 said Monday there had been an incident during the construction of its Alfa Lift offshore wind foundation installation vessel, currently being built in China at China Merchants Heavy Industry (CMHI) shipyard i…
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Hartmann-Abou Merhi fund breaks into product tankers
Pelagic Partners bullish about its new market, closes first investment fund and gears up to launch second
Hartmann-Abou Merhi fund breaks into product tankers Read More »
Iran’s Navy Thwarts Pirate Attack on Iranian Tanker
Iranian naval forces intervened on Saturday to repel pirates who attacked an Iranian oil tanker in the Gulf of Aden, Iran’s state media reported.Pirates in five speedboats attacked the unidentified tanker, but they fled after facing heavy fire from Ira…
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Baltic Dry Index Falls for 7th Day as Capesizes Drag
The Baltic Exchange’s dry bulk sea freight index extended losses for a seventh straight session on Monday, as a drop in capesize rates offset gains in the smaller vessel segments.The overall index, which factors in rates for capesize, panamax…
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