The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commodities, rose for the fifth straight session on Tuesday, propelled by strong demand for capesize vessels.The overall index, which factors in rates for cape…
Strong Capesize Demand Drives Baltic Index Higher Read More »
Offshore Heavy Transport (OHT) will enter the offshore renewables and installation market with a new heavy lift transport and installation vessel, a customized Ulstein Alfa Lift design developed by Ulstein Design & Solutions BV (UDSBV) and OHT.There…
Heavy Lifters for Offshore Renewable Market Read More »
Salvor Ardent completes first stage of vessel removal in Chile.
Sunken wellboat Seikongen brought upright Read More »
Liberia amends its maritime law to allow lease financing structures to be recorded as mortgages.
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Liberia: Financing Charters to Be Recorded as Ship Mortgages Read More »
With soaring capesize earnings north of $25,000 per day, the dry bulk market may see more splitting of ore cargoes…
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High cape rates to help panamax bulker demand Read More »