Baltic Index Falls to Near Two-Year Low on Weaker Vessel Rates
Jan 27 (Reuters) – The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships…
Browsing Tag
Shipping
Red Sea Crisis Pushes Shipping Stores and Spares Costs Higher
The maritime industry has experienced mounting cost pressures in the past year as vessels reroute around…
Coast Guard Icebreakers Free Trapped Bulk Carrier ‘Manitoulin’ on Lake Erie
U.S. and Canadian Coast Guard vessels successfully freed the Canadian-flagged bulk carrier Manitoulin after…
ITF: Seafarer Abandonments Skyrocket in 2024 to Record Highs
By Lori-Ann LaRocco – New data released by the International Transport Workers’ Federation (ITF) shows a…
Indonesia, India Vow to Deepen And Increase Maritime Cooperation
By Sudhi Ranjan Sen and Prima Wirayani Jan 25, 2025 (Bloomberg) —Indonesia and India will step up their…
Baltic Undersea Cable Between Latvia And Sweden Damaged By External Force
By Andrius Sytas VILNIUS, Jan 26 (Reuters) – An undersea fiber optic cable between Latvia and Sweden…
French Shipping Giant CMA CGM To Keep Avoiding Red Sea
PARIS, Jan 25 (Reuters) – French shipping and logistics group CMA CGM will continue to avoid the Red Sea…
Coast Guard Icebreakers Battle Lake Erie Ice to Free Stranded Vessel
U.S. and Canadian Coast Guard vessels are working to free the Canadian-flagged bulk carrier Manitoulin,…
Louisiana’s Argent LNG Sets Deal With Bangladesh
HOUSTON, Jan 24 (Reuters) – , which is developing a 25 million metric tonnes per annum (MTPA) LNG…
Hybrid Warfare: Russian Spy Ship in English Channel Highlights Escalating Risks
The Royal Navy’s recent interception of the Russian spy ship Yantar in the English Channel marks the latest…