A new memorial stone and plaque have been placed at the grave of Captain John King Davis, one of the mostly highly decorated navigators and mariners in the history of Antarctic exploration.Davis served as Chief Officer under Ernest Shackleton…
Memorial Stone Placed at Grave of Antarctic Pioneer Captain John King Davis Read More »
Belgium seized an oil tanker belonging to the Russian shadow fleet on Sunday and suspected of sailing with a “false flag and false documents”, Belgian Defence Minister Theo Francken said.Western sanctions imposed on Russia for invading Ukraine…
Belgium Seizes Suspected Russian Shadow Fleet Tanker Read More »
One person was presumed dead and five crew members reported missing on Sunday after a tug boat sank off South Africa’s southern coast, a multi-agency maritime body said.The tug vessel LEO transmitted a distress message at 1702 GMT on Saturday, reportin…
One Presumed Dead and Five Missing after Tug Sinks off South Africa Read More »
Rates for VLCC tankers have been rallying hard over the past few days. In its latest weekly report, shipbroker Gibson said that “the VLCC market has reawakened with force. Benchmark TD3C earnings have surged to above $200,000/day, a level not seen sinc…
VLCC Tanker Markets Sizzling Hot Read More »
Capesize The week began with renewed optimism, led by a firmer Pacific market as all three major miners returned to the market and operator cargo volumes appeared healthy. Early strength in the Pacific, supported by fixtures above $10.00 on C5, set a c…
Dry Bulk Market: Capesizes Showing Signs of Promise Read More »