Capesize The Capesize market began the week at the summit of the recent rally. This necessitated a breather before sentiment strengthened, helping it to push up throughout the week and marking new highs for the year. The Capesize 5TC rose +$4,805 over …
Dry Bulk Market: Capesizes On the March For Yet Another Week Read More »
An ailing crewmember was medevaced from a towboat Friday afternoon, approximately seven miles south of Pascagoula, Miss., the U.S. Coast Guard said.Coast Guard Sector Mobile watchstanders received a call from the crew of the U.S.-flagged Miss…
Towboat Crewmember Medevaced Near Pascagoula Read More »
May 22 marks National Maritime Day. Congress established it in 1933 in commemoration of the steam ship Savannah and her maiden voyage, which was the first trans-Atlantic journey ever made by a steam-powered vessel. In the 203 years since the…
Op-ed: Building on Don Young’s Legacy of Protecting Alaska Oceans Read More »
Retlif Testing Laboratories, a globally recognized, independent EMC/EMI and environmental testing organization, welcomed New York State Congressman Andrew Garbarino to its secure facility for an escorted tour of their EMC (Electromagnetic Compatibility…
Ship prices in the dry bulk segment seem to have inflated considerably over the past 12 months, with increases in the larger segments, in particular, not being supported by market fundamentals. In its latest weekly report, shipbroker Allied Shipbroking…
Dry Bulk Carriers’ Prices Up by 85% on Average Since the Start of 2021 Read More »