Shipbrokers Simpson, Spence and Young's Pacific Capesize Index rise by 283 points in the week ending Monday to 6,112.
"Led by strong rate increases on backhaul trades, the SSY Pacific Capesize Index climbed 283 points week-on-week to the highest level since August at 6,112 points. The Pacific round-voyage rate retreated to $19,300/day, down $850/day, while the W.Australia-China iron ore spot rate edged lower to $8.60/t.".
Bibby Marine has launched its new battery-first electric commissioning service operation vessel (eCSOV) at Armon Shipyard in Vigo…
Robosys Automation, a developer of intelligent marine autonomy systems, took part in a test campaign with its VOYAGER AI…
CMB.TECH's Mineral Europa, described by the company as the world's first ammonia-powered dry bulk vessel, has embarked on…
The U.S. Navy’s Military Sealift Command is a critical part of the United States’ national security equation, as any navy…
Discover the operational costs hiding between your biggest transportation expenses.
Military Sealift Command (MSC) is looking to hire and onboard record numbers of licensed engineers—and its sign-on bonuses reflect that.
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