2023 has marked a change in fortunes for ocean freight rates from North Europe to the US East Coast, with both spot and long-term contracted prices falling by around 10% since the start of the year. According to the latest data from Oslo’s Xeneta, long…
Transatlantic Trouble As Extra Capacity Undermines Freight Rates Read More »
Container shipping giant maintains dispute with US furniture maker a contractual issue and the result of ‘communication issues’
MSC ordered to pay up after judge makes good on default judgement threat Read More »
Tim Clerc’s maritime career spans half a century, starting with his cadet training in 1969 in the U.K. He sees hybrid technology as one of the most transformational technological developments in maritime in that span, and the company is currently await…
Interview: Tim M. Clerc, VP Engineering, Seacor Marine Read More »
The U.S. Navy on Thursday announced it has relieved the commanding officers of two of its U.S. East Coast warships, USS Carney (DDG 64) and USS Mesa Verde (LPD 19).In separate statements, the Navy said it relieved Cmdr. Alexa Jenkins and Capt. Michael D.
US Navy Relieves Two Commanding Officers Read More »
Capesize bulkers see biggest rate drop on Thursday as other bulker sizes sustain minor rate losses