The Baltic Exchange’s dry bulk sea freight index fell to a one-and-a-half month low on Wednesday and posted its biggest daily percentage fall since January, weighed down by weak demand across all vessel segments.The overall index, which factors in rate…
Baltic Dry Index Drags Read More »
Brazilian company Constructora Vale Verde has placed a repeat order for a cutter suction dredger, type CSD350, with Damen Shipyards. This dredger is a sister vessel to the Amsterdam, which was delivered in 2019. The first CSD350, Amsterdam…
Damen Wins Repeat CSD Order from Vale Verde Read More »
Despite the very strong freight rates and the apparently tight market, the all-important driver for dry bulk shipping, China, has in fact seen imports of its two largest dry bulk commodities shrink year-on-year so far this year. The two largest importe…
Chinese Coal and Iron Ore Imports Down from Last Year-BIMCO Read More »
The two sides hope to revive the 2015 nuclear deal, which the US dropped out of three years ago
Iran ready to resume nuclear talks with US its top negotiator says Read More »
As the global shipping industry is under the microscope to reduce emissions, three Japanese leaders in the maritime space: Hitachi Zosen, Mitsui O.S.K. Lines, Ltd.(MOL) and Yanmar Power Technology Co., Ltd. (YPT), have targeted methane slip…
Japanese Trio Connects on Project to Reduce Methane Slip by 70% Read More »