Baltic Index Gains on Firmer Rates Across Vessel Segments

The Baltic Exchange's main sea freight index, tracking rates for ships ferrying dry bulk commodities, rose on Wednesday for the sixth consecutive session on stronger rates across vessel segments, while the panamax touched its...

Bulk Report – Week 38

Capesize A mixed week for the big ships with unfulfilled expectations. Rates on the West Australia/China route failed to hold and dropped to $7.20 for 7-9 October, with timecharter rates shy of the mid $15,000s,...

Asia Coal Demand Drives Panamax Rates Up 7.5%

Baltic Dry Index is at 1450 points, 7% higher than the previous week. Stringent inspections in China is making generators purchase from foreign shores. Indian coal stocks fell to 11.1m tonnes, sufficient for...

New Mini-Bulker Pool Created

The NovaAlgoma Short Sea Carriers a NASC), a joint venture of Algoma Central Corporation and Nova Marine Holdings SA, and Peter Döhle Schiffahrts-KG (PDS) has announced the creation of DNA Shipping, a commercial agreement...

International Seaways to Install Scrubbers

International Seaways, one of the largest tanker companies worldwide providing energy transportation services for crude oil, petroleum products and liquefied natural gas (“LNG”), today announced that it has signed contracts with Clean Marine AS...

Maersk Implements New Guidelines on Dangerous Goods Stowage

After a thorough review of current safety practices and policies in the storage of dangerous cargo, Maersk has now completed implementation of new guidelines to improve safety across its container vessel fleet. Revamped safety guidelines Following...

Bridge Collapsed Into Canal Following Allision

On September 26, a vessel allided with a bridge located on the Van Starkenborgh Canal resulting in the bridge collapsing into the Canal. What happened? The vessel 'Andamento' was en route from Lelystad to Brake when it...

Carriers’ Low-sulphur Fuel Surcharges may be ‘Blatant Profiteering’, Says BIFA

The British International Freight Association calls Maersk surcharge pricing ‘unjustified’ and ‘blatant profiteering’. The cost of shipping will increase by $480-$840 on the Asia-North Europe route and $683 on the transpacific route. The...

[Watch] Barge Crushed Motor Yacht

Watch a pleasure yacht being crushed by the "Xanthos", on the Amsterdam-Rhine-Canal near Breukelen. To watch the video, please click here Disclaimer: This video is intended for informational...

USA: Potential Fines for Crew Onshore

Crewmembers not to be sent ashore before the arriving vessel is cleared by CBP. CBP reminds Attorneys Murphy, Rogers & Sloss in New Orleans have advised that, earlier this month, the US Customs and Border Patrol...