The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, extended declines on Tuesday, hurt by falling rates across the capesize and supramax segments.The index, which factors in rates for capesize…
Baltic Index Falls Again as Capesize, Supramax Disappoint Read More »
Finnish police said on Tuesday they had recovered a lost anchor from the seabed as part of an investigation of suspected sabotage against power and internet cables in the Baltic Sea.Finland last month seized the Eagle S tanker carrying Russian…
Finland Recovers Anchor in Baltic Sea Cable Investigation Read More »
State shipowner says it remains committed to carrying out global trade, including in the US
Chinese shipping giant Cosco fights its corner after shock US ‘blacklisting’ Read More »
Deliveries to exacerbate oversupply, with some market tightening by year-end
LNG carrier owners facing ‘another year of low charter rates’, Fearnleys says Read More »
U.S.-headquartered LLOG Exploration is closing in on the first oil production from a deepwater project in the U.S. Gulf of Mexico as a floating production unit (FPU) destined for work at this oil development achieves refurbishment progress, which is ex…