Heidmar pulls US equity raise plan through Nasdaq-listed Spac
Shipping pools player and manager says market conditions proved insufficient to tap public markets
Heidmar pulls US equity raise plan through Nasdaq-listed Spac Read More »
October 2023
Container market steadies after falling in September, analyst notes
Sector may start declining again as newbuildings raid market, according to Alphaliner
Container market steadies after falling in September, analyst notes Read More »
VLGC market sustains ‘dramatic correction’ as traders relet chartered-in ships, Clarksons says
Wide spreads in regional LPG prices should keep VLGCs in demand, according to an analyst
Close Call: US Coast Guard Rescues 12 as Bonnie G Ro-Ro Ship Runs Aground
A U.S. Coast Guard boat crew rescued 12 people, Wednesday morning, after they were forced to abandon the Bonnie G vessel that was taking on water and ran aground just south of the airport in St. Thomas.All 12 people aboard the Bonnie G, a 195-foot Vanu…
Close Call: US Coast Guard Rescues 12 as Bonnie G Ro-Ro Ship Runs Aground Read More »
Baltic Index Ticks Down as Panamax Losses Outweigh Capesize Gains
The Baltic Exchange’s main sea freight index edged down on Wednesday, as panamax rates hit a three-week low, offsetting a rise in capesize vessel rates.The overall index, which factors in rates for capesize, panamax, and supramax shipping vessels…
Baltic Index Ticks Down as Panamax Losses Outweigh Capesize Gains Read More »