In 2011, Bouchard Transportation Co. establishes the Morton S. Bouchard Jr. Memorial Scholarship fund, which is designed to recognize deserving cadets who demonstrate the achievement and leadership ability to successfully pursue a career in the petrole…
The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, fell on Wednesday for a fifth consecutive session weighed by falling rates across vessel segments. The overall index, which factors in rates for capes…
Baltic Index Down for Fifth Straight Session Read More »
Oil and oil-related shipments from Georgia’s Black Sea port of Batumi fell 53.7 percent between January and March from a year earlier, an official at the KazMunaiGas-operated terminal said on Wednesday. The official said some volumes of crude…
Jan-March Oil Shipments from Georgia’s Batumi Down 54 pct Read More »
Marlink has added a new satellite to its global multi-band Sealink network, expanding its footprint in the Indian Ocean Region (IOR) and introducing even more Ku-band VSAT capacity to enable high-speed broadband connectivity for ships transiting southe…
Marlink Expands VSAT Coverage in the Indian Ocean Read More »
The multipurpose shipping market, including the breakbulk and project cargo sectors, has struggled over the last few years, but conditions are ripe for recovery, according to a recent report from shipping consultancy Drewry. A strong start to…
Multipurpose Shipping Eyes Recovery -Drewry Read More »