The tanker market and most notably the larger sizes could benefit from higher production figures, but at things stand no such development is close to fruition. In its latest weekly report, shipbroker Gibson said that “this week, the Joint Ministerial M…
Capesize As China returned from their Lunar New Year holidays there was hope in some quarters that the market would see a recovery from the steep declines of January. There was optimism that a floor had been found, as there were only marginal daily fal…
Dry Bulk Market: Capesize Market’s Weakness Still Evident Read More »
Maersk tells Drewry that its integrator strategy was incompatible with being part of an alliance. Compromise is an essential ingredient to any healthy relationship. But things change and individuals’ priorities shift over time. At the point when one, o…
The Panama Maritime Authority (AMP) said it has recovered more than $15.7 million in wage payments owed to seafarers who sail on Panamanian-flagged vessels.Under its current administration, through the General Directorate of Seafarers (DGGM)…
Panama Recovers $15.7 Million in Wages Owed to Seafarers Read More »
Wisconsin Gov. Tony Evers, together with the state’s Department of Transportation (WisDOT), announced grants totaling $5.3 million for seven harbor maintenance and improvement projects to promote waterborne freight and economic development.“From the Gr…
Wisconsin Awards $5.3 Million in Harbor Maintenance Grants Read More »