Capesize The week concluded on a quiet yet optimistic note, with the BCI 5TC experiencing a slight increase of $178, reaching $24,867. Cargo volumes have remained stable in the Pacific, where trading activity gradually increased, culminating in a signi…
Dry Bulk Market: Capesize Segment Slightly Higher Read More »
Blazes are said to be under control and ships report no human casualties
Fires break out on MSC boxship and German MPP vessel after Houthi strikes Read More »
Blazes are said to be under control and ships report no human casualties
Fires break out on two vessels hit by apparent Houthi strikes in Gulf of Aden Read More »
One person is dead after two vessels collided near Wrangell, Alaska Wednesday morning, authorities said.U.S. Coast Guard Sector Southeast Alaska Command Center received a mayday call over VHF radio at approximately 8:52 a.m. reporting a person…
Two Dead After Vessels Collide in Alaska Read More »
The container market has heated up considerably over the past few weeks. In its latest weekly report, shipbroker Intermodal said that “just a few weeks ago, the container shipping market seemed relatively balanced, with freight rates declining after th…
Container Market Goes on a Run: Volatility Expected to Persist Moving Forward Read More »