The Baltic Exchange’s dry bulk sea freight index fell to a more than two-month low on Friday and posted a weekly decline as demand for capesize vessels dropped.The overall index, which factors in rates for capesize, panamax and supramax shipping vessel…
Baltic Dry Index Posts Weekly Fall Read More »
Marine fuel sales at the United Arab Emirates’ Fujairah, the world’s third-largest bunkering hub, slid 2% month-on-month in October as demand slowed.Total sales volumes at Fujairah, excluding lubricants, were at 655,126 cubic metres (about 627…
Fujairah Bunker Sales Slide 2% in October Read More »
Settlement talks in a second lawsuit from the still-anonymous Midshipman Y are ongoing
Midshipman X Hope Hicks and Maersk Line settle sexual assault lawsuit Read More »
Britain’s maritime agency said a drone circled a ship in the Gulf of Oman on Friday, three days after an Iranian-made drone attacked a tanker in the region.The Maritime Trade Operations (UKMTO), which is part of the Royal Navy, said the incident took p…
Britain Says Drone Circles Vessel in Gulf of Oman Read More »
Maersk Line, Limited (MLL), a U.S. subsidiary of Danish shipping giant A.P. Moller – Maersk, has resolved a sexual assault and harassment suit filed by former U.S. Merchant Maritime Academy (USMMA) cadet Hope Hicks.Hicks shook the international…
Maersk Line Settles Sexual Assault Suit with Midshipman-X Hope Hicks Read More »