Cocaine found in box on Peter Dohle ship
Probe begins into $12m discovery in Costa Rica of drugs bound for Ireland.
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Dry Bulk: Baltic Index Flat
The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commodities, was nearly flat on Wednesday, as weaker capesize rates were countered by stronger demand for panamax and supramax vessels.The overall index…
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Record Low Danube Hinders Shipping in Hungary
Water levels on the Danube dropped to record lows on three sections of the river in Hungary on Wednesday due to a recent drought, hindering passenger cruise ships and causing losses to freight shipping companies.In Budapest the Danube receded to 0.61 m…
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Grindrod appoints new CEO
Freight services the focus in South Africa after spin-off of vessels.
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Ship Finance International Acquires Three Box Ships
Ship Finance International Limited said it has agreed to acquire three large containerships in combination with long term time charters.The vessels were built in 2015 with approximately 10,600 TEU carrying capacity. The company expects to take delivery…
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