Midsize bulker market reaches four-month high as grain flows from South America and US Gulf Coast
Capesize bulker sector has not done as well as its average spot rates fall 51% in same period
September 2023
Brazil, Paraguay Clash with Argentina Over Grains Waterway Tolls
Brazil, Paraguay, Bolivia and Uruguay have urged Argentina to stop applying tolls for ships and barges carrying grains and other exports, saying it restricts navigation on a key river channel.The four countries issued a joint statement late on Sunday b…
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UK Says Russia Fired Missiles at Civilian Cargo Ship
Britain on Monday accused Russia of targeting a civilian cargo ship at port in the Black Sea on Aug. 24 in a previously unconfirmed missile attack it said was successfully thwarted by Ukrainian defences.Ukraine has been making efforts to allow…
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SEA-KIT Awarded ZEVI Funding to Build Hydrogen-fueled USV
SEA-KIT International has won funding from the U.K.’s Zero Emissions Vessels and Infrastructure (ZEVI) competition to design and manufacture a hydrogen-fueled uncrewed surface vessel (USV). The company will partner with maritime decarbonization disrupt…
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Okeanis Eco Tankers scores $84m loan from French bank
Olso-listed shipowner works to ‘optimise’ capital structure with refinancing deal at better terms
Okeanis Eco Tankers scores $84m loan from French bank Read More »