The Baltic Exchange’s main sea freight index, tracking rates for ships transporting dry bulk commodities, fell for the eighth consecutive session on Thursday, pressured by weakness in the capesize segment.The overall index, which factors in rates for c…
Baltic Index Losing Streak Continues as Capesize Rates Drag Read More »
The Swedish tanker owner is staying away from scrubbers as it expects cost difference between HSFO and LSFO to close over time.
Concordia Maritime to ‘hedge’ IMO 2020 fuel price spread Read More »
The captain of the World War Two-style tourist “duck boat” that sank on a Missouri lake during a storm in July killing 17 people was charged on Thursday with misconduct, negligence and inattention to duty by a federal grand jury, prosecutors said.Kenne…
Federal Charges for Captain of Deadly Missouri Duck Boat Read More »
Norwegian based Reach Subsea said it has entered an agreement with Dubai headquartered Topaz Energy and Marine to charter newbuild light subsea construction vessel Topaz Tiamat for 2.5 years, plus three one-year options.The Norwegian-built vessel…
Reach Charters Topaz Tiamat Read More »
Two events — the collapse of a bunker giant and allegations about the scuttling of a tanker — suggest the industry’s reputation for intrigue is well deserved
The darker side of shipping is never too far from the surface Read More »