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“Supply chain” has become a political topic or even a popular meme? Exceed. You can still see cargo moving like snakes in the global transportation system, with ships unloading and loading containers. Clearing the backlog may seem slow....
Nasdaq-listed Castor Maritime has secured new time charter contracts with undisclosed clients for two of its bulk carriers, says an article published in castor maritime. Time Charter for Capesize vessel The Greek owner has fixed the 2006-built capesize Magic Orion on a...
The Baltic Exchange's main dry bulk sea freight index extended its rally to a fresh 13-year peak on Thursday, reports Yahoo Finance. Baltic freight index rise The Baltic Exchange's main dry bulk sea freight index extended its rally to a fresh...
Diana Shipping Inc (NYSE:DSX) has entered into a time charter contract with Olam International Limited, Singapore, for one of its Capesize dry bulk vessels, the m/v Baltimore, reads a press release. Gross charter rate is $56,000/day The gross charter rate is...
  Jan De Nul Group is a leading expert in marine construction, civil engineering and environmental projects. It has moved its entire fleet of 82 vessels and jack-up barges to Castor Marine’s global VSAT and Iridium connectivity network on...
Centerline Logistics Corp. has made a $200 million purchase of several new vessels. It will expand its petroleum transportation capacity and provide infrastructure to support the maritime industry’s transition to cleaner-burning fuels. A recent news article published in the...
Maersk completes the acquisition of B2C Europe Holding B.V. this acquisition strengthens A.P. Moller - Maersk’s E-commerce Logistics products suite in line with its strategic business transformation it will enable Maersk to offer Europe-wide last-mile rates to customers...
Coca-Cola is going to great lengths to transport materials by using bulk shipping vessels. Bulk shipping vessels are typically used for raw materials like grain and coal. The ongoing shipping crisis has caused major supply chain disruptions, making...
  Mitsui O.S.K. Lines, Ltd. announced that it has concluded a contract for 50 billion yen funding through new hybrid loan (the "New Hybrid Loan"). Meanwhile, like the hybrid corporate bonds announced in the March 17, 2021, press release: "MOL Announces...
Nordic American Tankers informed the market that we are working to sell a few ships and to buy some ships. For your easy reference, says an article published on their website. A well underway plan  At this time, we have agreed...
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