Baltic Exchange Index Snaps Four-Day Losing Streak

The Baltic Exchange's dry bulk sea freight index, which monitors rates for vessels moving dry bulk commodities, snapped a four-session losing streak on Friday, buoyed by an uptick in rates across all vessel segments.

China's Iranian Oil Imports Will Slow Under U.S. Sanctions

Iranian oil shipments into China are set to fall in the near-term after new U.S. sanctions on a refiner and tankers, driving up shipping costs, but traders said they expect buyers to

Germany Seizes Russian ‘Shadow Fleet’ Oil Tanker

Germany seized a decrepit tanker found adrift off its northern coast in January that is believed to be part of a shadow fleet used by Russia to circumvent oil sanctions, Spiegel news

Dutra Group Orders New Hopper Dredge from Eastern Shipbuilding Group

The Dutra Group, a California-based heavy civil marine contractor, has issued a notice to proceed to Eastern Shipbuilding Group (ESG) for the construction of a 10,464 cubic yard trailing suction hopper dredge,

GTT’s Ascenz Marorka Adds Americas to Fleet Performance Monitoring Tool

Ascenz Marorka, GTT’s smart shipping arm, has expanded its real-time fleet performance monitoring service to cover the Americas.Following deployments in France and Singapore, the extension to Vancouver strengthens Ascenz Marorka’s global reach.With

Mitsubishi Shipbuilding Books Order for Three Methanol-Fueled RoRos

Mitsubishi Shipbuilding, a part of Mitsubishi Heavy Industries (MHI) Group, has received additional orders for three methanol-fueled roll-on/roll-off (RoRo) cargo ships from Toyofuji Shipping, Miyazaki Sangyo Kaiun, and Nichitoku Kisen.The three…

Sixty-Eight U.S. Bridges At Risk from Vessel Strike

The U.S. National Transportation Safety Board (NTSB) has recommended that 30 owners of 68 bridges across 19 states conduct a vulnerability assessment to determine the risk of bridge collapse from a vessel

Acting on Instinct

This week, the UK Marine Accident Investigation Branch (MAIB) issued its report on thedeaths of three stevedores in a cargo hold access space on board a bulk carrier.Berge Mawson was in Indonesia,

Lack of Training Implicated in Enclosed Space Deaths

The UK Marine Accident Investigation Branch (MAIB) has issued its report on the deaths of three stevedores in a cargo hold access space on board the bulk carrier Berge Mawson.On the morning