Capesize The Capesize market continues to dwell in the doldrums as any attempts to spark a rally were quickly dealt a hammer blow as the 5TC closed the week at $10,898. This rate level is less than a third of the same time last year. The market was rea…
Dry Bulk Market: Recovery Still Elusive for the Capesize Market Read More »
Widespread container shipping trade recovery in the wake of the Covid-19 pandemic has boosted the global terminal capacity outlook, supported by global terminal operators’ (GTOs) increased appetite for higher-risk greenfield projects to deliver long-te…
Greenfield container port projects back in favour with terminal operators Read More »
Global inventories are expected to rise 900,000 barrels per day for the rest of the year, a figure the bank says will help the tanker recovery
Clarksons Platou says oil demand picking up as tankers look for next catalyst Read More »
A passenger is missing after reportedly jumping from a ferry that was underway in the Oakland Estuary on Sunday afternoon.A witness alerted the captain of the 400-passenger ferry Carina, who immediately turned the vessel around to initiate rescue proce…
Passenger Jumps from San Francisco Bay Ferry Read More »
Irving Shipbuilding Inc. announced it has cut first steel for the future HMCS Robert Hampton Gray, marking the official start of production for Canada’s sixth and Final Arctic and Offshore Patrol Ship (AOPS) for the Royal Canadian Navy built…
Irving Cuts Steel for Canada’s Sixth and Final Arctic and Offshore Patrol Ship Read More »