McDonough Marine Service announced the addition of the MARMAC 3080, a 300′ x 80′ x 16′ ABS Load Line deck barge, to its growing fleet of marine equipment available for charter. The MARMAC 3080 will call Amelia, Louisiana and will be ready to…
McDonough Marine Service Adds MARMAC 3080 Deck Barge to Fleet Read More »
Chokepoint disruption comes as crop yields are expected be impacted this year
‘Godzilla’ El Nino will bite grain yields and Panama Canal water levels Read More »
The Russian Defence Ministry said on Tuesday that its forces had struck three cargo vessels carrying supplies for the Ukrainian military and a tanker at the Black Sea port of Pivdennyi.The ministry also said it had hit another cargo vessel in the nearb…
Russia Strikes Five Vessels in Ports Along Ukrainian Black Sea Read More »
Oil prices fell about 4% to a one-week low on Tuesday as traders shrugged off the latest U.S. sanctions campaign against Iran, viewing economic pressure as posing less risk to oil supplies than a military escalation.Brent crude futures were down $3.83,…
Oil Prices Drop 4% as Traders Dismiss US Sanctions Read More »
Freight rates for tanker shipments of Russia’s flagship Urals crude from western ports to India, the grade’s main market, have surged in August as strong demand for vessels and mounting security risks linked to carrying Russian oil drove up costs…
Russian Oil Freight Rates Spike On Security Risks, Vessel Availability Read More »