Average capesize spot rates have fallen by about 35% since mid-March
Capesize rates take another big knock as momentum slows, but tonnage lists are falling Read More »
The U.S. Coast Guard Cutter Sea Dog (WPB 87373) sustained damage during the crew’s inbound transit from sea to the St. Marys River, Monday, the Coast Guard (USCG) said.The damaged cutter moored in Fernandina Beach, Fla., with assistance from…
US Coast Guard Cutter Sea Dog Damaged Read More »
Constant attacks on Ukrainian Black Sea ports by Russian drones and missiles are leading to a slowdown in Ukraine’s maritime agricultural exports, brokers said on Wednesday.A key maritime hub in the southern Odesa region has been under almost daily att…
Constant Port Attacks Slowing Ukraine’s Farm Exports Read More »
Baltimore’s Francis Scott Key Bridge collapse could cost insurers several billions of dollars in claims, sources say, but it is too early to calculate the likely full financial losses of the tragedy that has shuttered one of the busiest ports in the Un…
Insurers Brace for Multibillion Dollar Losses After Baltimore Ship Tragedy Read More »
It is unclear if apparent suicide is linked to missile hit in the Red Sea two months ago
Ukrainian seafarer found hanged on ship struck by Houthi missile Read More »