R eefer container freight rates have risen sharply through 2021, but in contrast to dry cargo rates, are forecast to rise further in 2022, driven…
Y ou might be mistaken for thinking that I am referring to the typically British weather that we have had recently, whereby what could have…
T he tanker market’s demise so far this year, is reflected in the S&P market as well. In its latest weekly report, shipbroker Intermodal said…
Aggregates carrier INDI NURMATALIA 07 with 2,200 tons of cement on board ran aground on coral reefs at night Aug 7, while approaching Manokwari, West Papua, Indonesia.…
Oil spill occurred on Aug 7 at oil terminal pier operated by Caspian Pipeline Consortium in Yuzhnaya Ozereevka, Novorossiysk, Russia, Black sea. Oil spill covered…
global demand for major commodities to being a drag on growth, with July's customs data confirming the weakening trend for imports of crude oil, iron…
The U.S. Navy's new aircraft carrier USS Gerald R. Ford (CVN 78) on Monday underwent its third explosive event off the coast of Jacksonville, Fla.,…
Naval shipyards and industry partners see business growing, but finding enough trained and qualified workers is a challenge.
General Dynamics Electric Boat will invest $1.7 billion…
A U.S. judge has allowed Norwegian Cruise Line Holdings Ltd. (NCLH.N)todemand that passengers show written proof of coronavirus vaccination before they board a ship, dealing…
During the first seven months of 2021, only three actively trading Very Large Crude Carriers (VLCCs) have been sold for demolition. The current market for…