The Baltic Exchange’s dry bulk sea freight index, which monitors rates for vessels moving dry bulk commodities, fell on Monday, pressured by declining rates across all vessel segments.The main index, which factors in rates for capesize, panamax and sup…
Baltic Index Vessel Rates Fall Across the Board Read More »
British maritime security firm Ambrey said on Monday that a Netherlands-flagged general cargo ship reportedly came under attack 120 nautical miles southeast of Yemen’s port city of Aden.The United Kingdom Maritime Trade Operations (UKMTO) also said tha…
Dutch Cargo Ship Attacked off Yemen Read More »
United Heavy Lift (UHL) said that Managing Director Lars Bonnesen has sold his shares in United Heavy Lift to the United Shipping Group and will step down from his role as of December 31, 2025. In a related development, Christian Monsted has…
UHL MD Bonnesen to Step Down Read More »
MELTRIC announced the official launch of P66 – 660 amps at 1,100 volts alternating current and 1,500 volts direct current, with an 8-aux bundle.MELTRIC announced the launch of P66 – a safe, high-powered, and highly durable electrical connection…
MELTRIC Debuts P66 Industrial Plug and Receptacle Read More »
Aesen Pte. Ltd. (Aesen) and Dutch Offshore Contractors Holdings B.V. (DOC) formed Aesen DOC Cable Logistics Pte. Ltd., a joint venture to address the growing global demand for subsea cable transport, storage and logistics solutions.With global…
Aesen, DOC JV Targets Subsea Cable Logistics Read More »