Substantial cut in Ukraine’s exports through the safe passage and subsequent re-direction of exports through alternate routes will likely exacerbate the subdued dry bulk market. Additionally, a large quantity of Ukraine’s grain will end up in EU, while…
End of the Black Sea Initiative: For Bad or Worse? Read More »
Russia’s Federal Security Service (FSB) said on Monday that it had found traces of explosives on a ship travelling from Turkey to the port of Rostov-on-Don in Russia to pick up grain.The FSB said the ship had been docked in the Ukrainian port of Kiliia…
Russia Says Traces of Explosives Found on Foreign Grain Ship Read More »
President Joe Biden on Friday nominated Admiral Lisa Franchetti to lead the Navy, an historic step that would break a gender barrier in the U.S. military by making her the first woman to command the service and to become a member of the Joint Chiefs of…
Biden Nominates Admiral Lisa Franchetti to be First Woman to Lead US Navy Read More »
New research explores how nuclear propulsion could transform the design, operation and emissions output of vessels in the commercial maritime industry.Classification society ABS said it commissioned Herbert Engineering Corp. (HEC) to carry out…
ABS Study Explores Potential of Commercial Nuclear Propulsion Read More »
Average spot rate is at a four-month low, according to market data
Panamax bulkers will need ‘serious push’ in North Atlantic, brokers say Read More »