The Baltic Exchange’s dry bulk sea freight index rose on Thursday, buoyed by gains for panamax and supramax vessels that countered a dip in rates for the larger capesize segment.The overall index, which factors in rates for capesize, panamax and supram…
Baltic Dry Index Rises as Smaller Vessels Lend Support Read More »
Following the incident in the Gulf of Guinea on 24 November involving the Danish frigate Esben Snare and a suspected pirate vessel, BIMCO calls on all naval forces in the area to further increase the pressure on piracy groups and hopes a continued…
BIMCO Calls for Continued Naval Support in Gulf of Guinea After Piracy Incident Read More »
A Danish frigate has killed four pirates in waters south of Nigeria in an operation to protect shipping in the Gulf of Guinea, the Danish military said on Thursday.The Esbern Snare, deployed last month to the Gulf of Guinea amid heightened security ris…
Danish Frigate Kills Four Pirates in Gulf of Guinea Read More »
West creates a Charterers and Traders team as a new center of excellence within the Club, further enhancing the West’s popular tailor-made liability insurance products.The West of England P&I Club announced the creation of a dedicated Charterers…
West Creates Charterers and Traders ProductTeam Read More »
Rolls-Royce and Zhenjiang Shipyard have signed a strategic cooperation agreement to jointly expand their commercial marine business in tug and workboats powered by high-speed engines for the domestic Chinese and export market.Rolls-Royce Power…
Rolls-Royce and Zhenjiang Shipyard Partner in Chinese Tug Market Read More »