Massachusetts, Connecticut and Rhode Island extended on Thursday the date bids are due in the states’ next offshore wind solicitations from Jan. 31 to March 27.Offshore wind is expected to play a critical role in U.S. President Joe Biden’s and…
Three New England States Extend Offshore Wind Solicitation Due Date Read More »
Petroleum product and hazardous material have been removed from a 1940s era military tugboat that sunk in California, the U.S. Coast Guard said.A Unified Command and its contractors completed lightering efforts from the tug Mazapeta, Wednesday.The Maza…
Diesel and Engine Oil Removed from Sunken Tug in California Read More »
Bahri business unit Bahri Chemicals will charter two newbuild methanol-powered tankers under a five-year agreement with methanol producer Proman. The vessels, which were officially named during a ceremony hosted at Guangzhou Shipyard International…
Bahri Charters Methanol-fueled Tanker Pair Read More »
The dry bulk market’s downturn over the past few days could persist over the coming weeks, as we’re entering a traditionally “soft” patch of each year, around China’s New Year celebrations. In its latest weekly report, shipbroker Xclusiv said that “the…
The Dry Bulk Market’s Latest Headwinds Could Intensify Read More »
Indices and futures bid/ask levels have firmed dramatically in recent days and weeks because of the Red Sea crisis. Container freight rates have surged globally, affecting various trade routes. The transatlantic shipping route is experiencing rising sp…
FBX Index January 2024: Looking forward Read More »