Lloyd Fonds falls to a loss
German asset manager foresees more red ink due to switch of focus.
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SMIT Salvage Bags US Navy Contracts
SMIT Salvage has acquired two five-year marine salvage contracts to serve as the exclusive marine salvage and engineering support contractor for the Naval Sea Systems Command (NAVSEA), the division of the U.S. Navy responsible for engineering…
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Baltic Index Up on Firmer Capesize Demand
The Baltic Exchange’s main sea freight index, tracking rates for ships transporting dry bulk commodities, rose for an 11th straight session on Wednesday, helped by stronger demand for capesize vessels.* The overall index, which factors in rates for cap…
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Diamlemos bulker auctioned at reserve price
The 74,800-dwt panamax Angelic Grace (built 2001) goes to unknown Greeks at minimum $5.5m
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