BSM announced the passing of dear friend and colleague Robert (Bob) Maxwell, Managing Director of the Singapore office. Bob passed away on Monday, 26th March after a long struggle with cancer. He had a remarkable career in shipping and his contribution…

A backlog of crude cargoes has built up off the coast of China, limiting prospects for new shipments to the world’s largest oil importer, trading and shipping sources said. The amount of oil floating in tankers off China has risen partly due…

Each year the August edition of Marine News magazine, the leading voice in the North American workboat market, features the very best 100 leaders and innovators, including workboat owners and operators, builders, OEMs and repairers, and product and ser…

The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, suffered on Thursday its biggest percentage fall in March since 2009 on weaker demand for capesize vessels. The overall index, which factors in rates …

The U.S. Coast Guard has raised the decades-old monetary threshold for reporting marine casualties in order to keep pace with inflation and reduce reporting of minor incidents. The final rule changes, which were published March 19 and take effect April…